$492,000
SOLD MAR 12, 2025

2822 E Mobile Ln Phoenix, AZ 85040

South Mountain Neighborhood
-- Bed
-- Bath
-- Sq Ft
1998 Built

Recently Sold

8% Below List Price

55 Days on Market

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating
  • Phoenix Coding Academy Rated A
  • Central Heating

About This Home

As of March 2025

Rare opportunity to own a Tri-plex in a high demand area. Very well maintained! All units are 2 bedroom/1 bath, with spacious floor plan. New roofs (2024) and AC units (2021), and exterior paint (2024). Bathrooms and kitchens were lightly updated in 2024. Tile flooring throughout. Each unit has its own electric meter. Each is currently on month to month lease at $3228 total for all three units. Tenants pay electric. Separate electric meters. Owner currently pays water/trash in one bill.

Last Agent to Sell the Property

Cynthia Brown

Coldwell Banker Realty License #SA578330000

Last Buyer's Agent

Monty Bruckman

LPT Realty, LLC License #SA712103000

LPT Realty, LLC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1998

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior
  • Stone Exterior Construction

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces

Utilities

  • Cooling Available
  • Central Heating
  • Master Water Meter

Additional Features

  • Ceramic Tile Flooring
  • ENERGY STAR Qualified Equipment for Heating

Listing and Financial Details

  • The owner pays for trash collection, water, sewer
  • Tax Lot 82
  • Assessor Parcel Number 122-61-053

Community Details

Overview

  • 3 Units
  • Building Dimensions are 0.174
  • Wier Estates Lots 11 32, 53 74 Subdivision

Building Details

  • Gross Income $38,736
  • Net Operating Income $38,736

Property Details

Home Type

Multi-Family

Year Built

Built in 1998

Lot Details

0

Listing Details

  • Cross Street: Broadway & 32nd Street
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: M-M
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1998
  • Tax Year: 2024
  • Directions: West on Broadway to 28th street, south to Mobile Ln, west to property.
  • Road Surface Type: Asphalt, Concrete, Curb(s) & Gutter(s), Sidewalk(s)
  • Subdivision Name: WIER ESTATES LOTS 11-32, 53-74
  • Cooling:Central Air: Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Steel Frame, Wood Frame, Painted, Stone, Block
  • Roof: Composition
  • Construction:Block: Yes
  • Construction:Steel Frame: Yes

Garage/Parking

  • Parking Features: Paved, Free, Add'l Parking Avail, <1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features:Paved2: Yes

Utilities

  • Electric: SRP, Individual Meter
  • Cooling: Central Air, Electric
  • Heating: ENERGY STAR Qualified Equipment, Central, Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Electric: Yes
  • Heating:Central: Yes
  • Heating:ENERGY STAR Qualified Equipment2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 0.174
  • Additional Parcels: No
  • Parcel #: 122-61-053

Multi Family

  • Owner Pays: Trash Collection, Water, Sewer
  • Number Of Units Total: 3
  • Annual Gross Income: 38736.0
  • Property Net Operating Income: 38736.0

Tax Info

  • Tax Book Number: 122.00
  • Tax Lot: 82

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/08/2025 04/08/25 For Rent $1,600 0.0% --
03/12/2025 03/12/25 Sold $492,000 -7.5% --
03/02/2025 03/02/25 Price Changed $532,000 0.0% --
03/01/2025 03/01/25 Price Changed $532,000 0.0% --
02/01/2025 02/01/25 Pending -- -- --
01/07/2025 01/07/25 Price Changed $532,000 0.0% --
01/07/2025 01/07/25 For Sale $532,000 -4.0% --
12/30/2024 12/30/24 Pending -- -- --
12/07/2024 12/07/24 For Sale $554,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6789643

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85040 South Mountain

2822 E Mobile Ln, Phoenix, AZ

Homes for Sale in Phoenix, AZ

This home is located at 2822 E Mobile Ln, Phoenix, AZ 85040 and is currently priced at $492,000. This property was built in 1998. 2822 E Mobile Ln is a home located in Maricopa County with nearby schools including Percy L Julian School, South Mountain High School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393