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2833 E LE MARCHE Avenue, Phoenix, AZ, 85032

8beds
6baths
3,100sqft
$625,000
$202price/sqft
$3,879/moest. monthly cost
$155,160/yrincome needed

About This Home

Amazing investment fourplex in North Phoenix! Premium corner building with no shared walls, and easy access to covered parking for tenants. Units consist of: one 1bed/1bath unit, two 2bed/2bath units, and a 3bed/3bath unit. All units have a large square footage and modern layouts and all include washer/dryer hookups. Three units have ground level patios that open onto a large common area and three units also feature upper level balconies. Great rents that make it a no brainer for any investor. Monthly HOA dues INCLUDE: common area maintenance, landscaping, community pool, parking enforcement, and gated access.

Getting Around

59
WalkingSomewhat Walkable
38
TransitSome Transit
63
BikeBikeable

Schools

1/10
Palomino Primary SchoolGrades PK-30.1 mi
5/10
Greenway Middle SchoolGrades 7-80.6 mi
4/10
North Canyon High SchoolGrades 8-122.2 mi

Construction

Condition

  • Year built: 1982

Materials

  • Roof: Built-Up
  • Construction materials: Wood Frame,Painted,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Refrigerator,Built-In Electric Oven,Washer/Dryer
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 6

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Heat Pump,Electric
  • Cooling features: Ceiling Fan(s),Electric,Heat Pump

Interior Area

  • Total structure area: 3,100
  • Total interior livable area: 3,100 sqft

Property

Details

  • Parcel number: 21439042
  • Zoning: MULTI

Features

  • Private pool: Yes
  • Exterior features: Sidewalk(s)

Lot

  • Lot size: 5,808 sqft
  • Lot size dimensions: 5808

Parking

  • Total spaces: 8
  • Parking features: <1 Space Per Unit,Carport
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High

How This Home’s Risks Compare

Heat Wave

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,160$37,920
Home Insurance $162$1,944
Property Taxes $229$2,748
Electricity $328$3,939
Total$3,879$46,548

Income You'd Need if You Spent...

35% on housing$132,994/yr
40% on housing$116,370/yr
45% on housing$103,440/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$202This listing

vs Other Active Listings

Avg $/sqft

ZIP 85032$202
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85032$323
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-05-03Listed for sale$625,000
2026-01-24Listed for rent$1,300
2026-01-23Listing removed$1,400
2026-01-21Price change$1,400
2026-01-08Listed for rent$1,600
2025-01-21Listing removed$1,600
2024-08-19Listed for rent$1,600
2024-06-10Listing removed--
2024-05-23Price change$1,600
2024-05-14Listed for rent$1,700
2019-12-20Sold$360,000
2019-12-18Pending sale$360,000
2019-12-02Listed for sale$360,000
2017-06-30Sold$209,500
2017-05-19Price change$215,000
2017-05-11Price change$219,000
2017-04-18Pending sale$199,000
2017-04-05Listed for sale$199,000
2017-03-26Pending sale$199,000
2017-03-17Listed for sale$199,000
2017-03-08Pending sale$199,000
2017-03-04Listed for sale$199,000
2012-03-15Listing removed$550
2011-11-20Price change$550
2011-11-12Price change$425
2011-08-05Listed for rent$645
2011-05-31Sold$81,000
2005-11-22Sold$380,000

For Sale by Agent

AgentJason Snyder
BrokerageHomeSmart

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