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2832 E LE MARCHE Avenue, Phoenix, AZ, 85032

8beds
2baths
3,616sqft
$610,000
$169price/sqft
$3,847/moest. monthly cost
$153,880/yrincome needed

About This Home

Exceptional fully occupied 4-plex in North Central Phoenix offering a highly desirable unit mix of four 2-bedroom, 2-bath units. Designed for tenant appeal, each residence features spacious modern layouts, private outdoor living areas, full-size kitchen appliances, and in-unit laundry. Three units have been recently renovated with updated flooring, fresh paint, and upgraded bathroom fixtures. Operating expenses are streamlined, with tenants paying their own electricity, water, and cable, while HOA dues cover sewer, trash, landscaping, security services, common area maintenance, and pool amenities. Recent capital improvements--including exterior painting, newer HVAC units, and new water heaters--help minimize future maintenance costs. Ample parking includes four covered spaces per building.

Getting Around

59
WalkingSomewhat Walkable
38
TransitSome Transit
63
BikeBikeable

Schools

1/10
Palomino Primary SchoolGrades PK-60.1 mi
5/10
Greenway Middle SchoolGrades 5-80.6 mi
4/10
North Canyon High SchoolGrades 7-122.1 mi

Construction

Condition

  • Year built: 1982

Materials

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

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Disposal,Dishwasher,Refrigerator,Microwave,Washer/Dryer
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 2

Features

  • Flooring: Carpet,Vinyl

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric,Individual

Interior Area

  • Total structure area: 3,616
  • Total interior livable area: 3,616 sqft

Property

Details

  • Parcel number: 21439047
  • Zoning: MULTI FAMILY

Features

  • Private pool: Yes

Lot

  • Lot size: 4,895 sqft
  • Lot size dimensions: 89 x 55

Parking

  • Total spaces: 6
  • Parking features: Carport
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 2
  • 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 $3,084$37,008
Home Insurance $158$1,896
Property Taxes $223$2,676
Electricity $382$4,595
Total$3,847$46,164

Income You'd Need if You Spent...

35% on housing$131,897/yr
40% on housing$115,410/yr
45% on housing$102,586/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

$169This listing

vs Other Active Listings

Avg $/sqft

ZIP 85032$203
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
2026-06-11Listed for sale$610,000
2025-05-13Listing removed$995
2025-05-02Price change$995
2025-04-13Listing removed$625,000
2025-04-10Listed for rent$1,050
2024-06-25Sold$590,000
2024-05-20Pending sale$659,000
2024-05-11Listed for sale$659,000
2022-06-10Listing removed--
2022-06-03Pending sale$625,000
2022-06-01Listed for sale$625,000
2022-05-24Pending sale$625,000
2022-05-17Listed for sale$625,000
2019-08-15Sold$285,000
2019-05-07Price change$289,900
2019-03-20Listed for sale$297,900
2014-10-08Listing removed$525
2014-07-10Listed for rent$525
2014-01-09Listing removed$499
2013-12-12Price change$499
2013-11-01Price change$525
2013-03-09Listed for rent$550
2013-02-28Sold$160,000
2012-11-02Listing removed$94,900
2012-10-23Listed for sale$94,900
2012-10-04Sold$277,457
2011-04-26Listing removed$93,000
2005-12-16Sold$380,000

For Sale by Agent

AgentMark C Shipton
BrokerageMy Home Group Real Estate

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