2825 E Paradise Lane, Phoenix, AZ 85032

$315,000

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Sold Price
$315,000
List Price
$350,000
Closing Date
May 08, 2026
Days on Market
54
Status
CLOSED
MLS#
6998956
City
Phoenix
Subdivision
Greenway Manor
Year Built
1982

Property Description

Fire Sale! Literally. This 4 unit Multi-family dwelling has had two units damaged by fire. 2 units are still inhabitable and have tenants. This is a cash deal only, and we are entertaining all offers. The price is reflective of a starting point. Fully rebuilt, the units will sell for approximately $650k. Access can be had to assess damage only by a general contractor, and I highly recommend all safety precautions when entering. Units 101 and 102 are leased mtm, at $1432, and $1025 respectively. Insurance funds will all be retained by the seller.

Additional Information

Community Features
Pool, Clubhouse, Play Area
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air, Electric, Ceiling Fan(s)
Electric
APS, Individual Meter
Exterior Features
Sidewalk(s)
Heating
Electric, Forced Air
New Financing
Cash
Parking Features
1 Space/Unit
Roofing
Rolled/Hot Mop
Sewer
Sewer-In & Connected
Pool
Yes
Subdivision
Greenway Manor
Taxes
$1,400
Tax Year
2025
Tenant Pays
Water, Sewer, Electricity, Gas, Cable TV
Units
4
Water
City Franchise, Individual Meter
Zoning
Pad-13

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Compass. Selling Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.