1611 E Lamar Rd

Beds
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

Fabulous centrally located investment opportunity. These new & modern four units with custom finishes affords a perfect owner-occupied luxurious lifestyle. The property was designed with a 2,000 ft.² owners three bedroom 3 1/2 bath home. The property consists of two, three bedrooms three bath homes and two one bedroom one bath apartments. The three bedroom units include gas fireplace. Superb location right off the 51 freeway with easy access to Sky Harbor Airport and Downtown Phoenix. Situated next...Fabulous centrally located investment opportunity. These new & modern four units with custom finishes affords a perfect owner-occupied luxurious lifestyle. The property was designed with a 2,000 ft.² owners three bedroom 3 1/2 bath home. The property consists of two, three bedrooms three bath homes and two one bedroom one bath apartments. The three bedroom units include gas fireplace. Superb location right off the 51 freeway with easy access to Sky Harbor Airport and Downtown Phoenix. Situated next to the Sprouts shopping center at 16th St. & Glendale. Adjacent to the canal with an easy walk to the Biltmore Hotel. Must see to appreciate!
  1. Listed by Michael Banovac • Brokerage DRE #LC640879000 • RMB Realty LLC
    P: (602)-571-4888 mbanovac@hotmail.com

Property Details for 1611 East Lamar Road

Subdivision Name
TOWN HEIGHTS
View YN
No
Zoning
R3
LISTING UPDATED: 03/05/2026 12:48 PM

Property Details for 1611 East Lamar Road

StatusUcb ( Under Contract - Backups )
MLS #6974079
Days on Market40
Taxes$11,957 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMultiple Dwellings
Year Built2023
Lot Size0.26 AC / 11,520 SF
CountyMaricopa County

Location

Listing Courtesy of RMB Realty LLC
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Building Information for 1611 East Lamar Road

Stories-Residences4Year Built2023Building Size-Lot Size0.26 AC / 11,520 SF

Payment Calculator

$13,333 per month

30 year fixed, 6.46% Interest

Principal and Interest

$12,337

Property Taxes

$996

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 1611 East Lamar Road

Summary
Location and General Information
  • Unparsed Address: 1611 E LAMAR Road, Phoenix, AZ 85016
  • City: Phoenix
  • Coordinates: -112.046879, 33.536468
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 16th St. & Glendale Ave.
  • Directions: Head South On 16th Make First Left Shopping Center Onto Lamar Rd. Property is the second building on the right.
  • Latitude: 33.536468
  • Longitude: -112.046879
  • Postal City: Phoenix
  • Postal Code: 85016
  • Postal Code Plus4: 1015
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 2,023
Taxes and HOA
  • Tax Annual Amount: $11,957.00
  • Tax Book Number: 164.00
  • Tax Legal Description: LOT 3 TOWN HEIGHTS MCR
  • Tax Lot: 3
  • Tax Year: 2,025
Parking
  • Covered Spaces: 6
  • Garage YN: Yes
  • Open Parking Spaces: 2
  • Open Parking YN: Yes
  • Parking Features: Garage Door Opener, >1 Space Per Unit, On Street, Carport
  • Parking Total: 8
School Information
  • Elementary School District: Madison Elementary District
  • High School District: Phoenix Union High School District
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 80' x 144'
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 01-24-2026 06:40:19 PM
  • Documents Count: 0
  • Ownership: Fee Simple
  • Parcel Number: 16434003
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 10
  • Public Survey Township: 2N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: Individual Meter
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Wood Frame, Painted, Stucco
  • Number Of Buildings: 2
  • Number Of Units Total: 4
  • Roof: Rolled/Hot Mop
Interior Features
  • Bathrooms Total Decimal: 0.0
  • Bathrooms Total Integer: 0
  • Cooling: Ceiling Fan(s), Electric
  • Cooling YN: Yes
  • Flooring: Vinyl
  • Heating: Ceiling
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $136,972.80
  • Gross Scheduled Income: $142,680.00
  • Net Operating Income: $120,600.00
  • Operating Expense: $11,957.00

Property History for 1611 East Lamar Road

DateEvent & SourcePriceAppreciation
Mar 5, 2026

In Contract

ARMLS #6974079

Jan 24, 2026

Listed (Active)

ARMLS #6974079

$2,450,000
Apr 23, 2021

Sold (Public Record)

Public Record #1459346588

$340,000

+6.6% / yr

Apr 9, 2018

Sold (Public Record)

Public Record #619563375

$280,000

+27.9% / yr

Apr 12, 2011

Sold

ARMLS #4561799

$50,000
Apr 5, 2011

Sold (Public Record)

Public Record #306656227

$50,000
Apr 1, 2011

Pending

ARMLS #4561799

Mar 29, 2011

Listed (Active)

ARMLS #4561799

$50,000
DateEvent & SourcePrice
03/05/2026

In Contract

ARMLS #6974079

01/24/2026

Listed (Active)

ARMLS #6974079

$2,450,000
04/23/2021

Sold (Public Record)

Public Record #1459346588

$340,000

+6.6% / yr

04/09/2018

Sold (Public Record)

Public Record #619563375

$280,000

+27.9% / yr

04/12/2011

Sold

ARMLS #4561799

$50,000
04/05/2011

Sold (Public Record)

Public Record #306656227

$50,000
04/01/2011

Pending

ARMLS #4561799

03/29/2011

Listed (Active)

ARMLS #4561799

$50,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1611 East Lamar Road

Taxable ValueLand-Additions-Total-
Tax Record2025$11,957 ($996 / month)
Home Facts
Total Finished SqFt5,775 SqFtAbove Grade Finished SqFt5,775 SqFtStories2Lot Size11,468 SqFtStyleQuadraplexYear Built2023ZoningR-3CountyMARICOPAAPN164-34-003

Schools near 1611 East Lamar Road

This home is within Madison Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 4
Public - 5 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Madison Heights Elementary School
PublicPK to 4

Madison #1 Elementary School
Public5 to 8

Phoenix Coding Academy
Public9 to 12

North High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RMB Realty LLC

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.