3027 E Grandview Rd, Unit 1
Description
containing 16 two-bedroom/one-bath rental units of approximately 900
square feet situated on individual tax parcels (condo-mapped). Garden style buildings constructed with pitched
composition roofing and there are 24 covered parking spaces. Unit amenities include in-unit washer/dryer hook-ups, fenced private back patios, large picture windows, covered entries,...Offered at actual 6.00% CAP rate with current NOI. Adjust rents to market for a 7.0% CAP. Property consists of four separate single-level buildings
containing 16 two-bedroom/one-bath rental units of approximately 900
square feet situated on individual tax parcels (condo-mapped). Garden style buildings constructed with pitched
composition roofing and there are 24 covered parking spaces. Unit amenities include in-unit washer/dryer hook-ups, fenced private back patios, large picture windows, covered entries, contemporary floor-plans and full-size appliances. Units are individually metered for electricity and have copper plumbing. Sewer clean-outs have been installed. upside in rents without cap impro
- Listed by Scott R Trevey • Kasten Long Commercial GroupP: (602)-445-4141
Property Details for 3027 East Grandview Road, Unit 1
Property Details for 3027 East Grandview Road, Unit 1
| Status | Closed |
|---|---|
| MLS # | 5536257 |
| Days on Market | 72 |
| Taxes | $6,624 / year |
| HOA Fees | - |
| Condo/Co-op Fees | $5,282 / month |
| Compass Type | Multi Family |
| MLS Type | Multiple Dwellings |
| Year Built | 1984 |
| Lot Size | - |
| County | Maricopa County |
Location
Sold By Kasten Long Commercial Group
Building Information for 3027 East Grandview Road, Unit 1
Payment Calculator
$12,159 per month
30 year fixed, 6.46% Interest
$6,325
$552
$5,282
Know your buying power with a preapproval and custom rate in minutes
1Property Information for 3027 East Grandview Road, Unit 1
- Unparsed Address: 3027 E GRANDVIEW Road, 1, Phoenix, AZ 85032
- City: Phoenix
- Coordinates: -112.016642, 33.635117
- Country: US
- County Or Parish: Maricopa
- Cross Street: Bell Rd and 32nd St
- Directions: SR-51 to Bell Road, West to 32nd Street, south to Aire Libre, west to 31st street, south to Grandview- property on corner
- Latitude: 33.635117
- Longitude: -112.016642
- Map Coordinate: R22
- Postal City: Phoenix
- Postal Code: 85032
- Postal Code Plus4: 3053
- State Or Province: AZ
- Street Suffix: Road
- Year Built: 1,984
- Tax Annual Amount: $6,624.00
- Tax Block: A
- Tax Book Number: 214.00
- Tax Legal Description: LOT 1 BLOCK A GRANDVIEW NORTH CONDOMINIUM UNITS 1-4 BLDGS A-D
- Tax Lot: 1
- Tax Year: 2,016
- Covered Spaces: 24
- Garage YN: No
- Open Parking Spaces: 8
- Open Parking YN: Yes
- Parking Features: >1 Space Per Unit, Common
- Parking Total: 32
- Elementary School District: Paradise Valley Unified District
- High School District: Paradise Valley Unified District
- Building Area Units: Square Feet
- Living Area Units: Square Feet
- Lot Size Acres: 0.0
- Lot Size Area: 0.0
- Lot Size Dimensions: multiple parcels
- Lot Size Square Feet: 0.0
- Disclosures: Seller Prop Disc Stm
- Documents Change Timestamp: 01-13-2017 08:52:56 AM
- Documents Count: 1
- Ownership: Fee Simple
- Parcel Number: 21431270
- Property Type: Multiple Dwellings
- Public Survey Range: 3E
- Public Survey Section: 2
- Public Survey Township: 3N
- Road Surface Type: Asphalt, Concrete
- Electric: APS, Individual Meter
- Electric Expense: $1,232.00
- Electric On Property YN: Yes
- Sewer: Public Sewer
- Trash Expense: $8,081.00
- Water Sewer Expense: $9,730.00
- Water Source: City Franchise
- Community Features: No Pool
- Construction Materials: Painted, Stucco, Frame - Wood
- Number Of Buildings: 4
- Number Of Units Total: 16
- Roof: Composition
- Bathrooms Total Decimal: 0.0
- Bathrooms Total Integer: 0
- Cooling: Central A/C, Heat Pump, Electric
- Cooling YN: Yes
- Flooring: Ceramic Tile
- Heating: Electric
- Heating YN: Yes
- Fuel Expense: $.00
- Gardner Expense: $.00
- Gross Income: $140,428.80
- Gross Scheduled Income: $152,640.00
- Insurance Expense: $3,600.00
- Maintenance Expense: $5,282.00
- Net Operating Income: $86,160.00
- Operating Expense: $54,101.00
- Other Expense: $4,465.00
- Professional Management Expense: $15,000.00
- Tenant Pays: Electricity
Property History for 3027 East Grandview Road, Unit 1
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Feb 9, 2026 | Withdrawn ARMLS #6879328 | $3,100,000 | — |
| Jun 12, 2025 | Listed (Active) ARMLS #6879328 | $3,312,000 | — |
| Mar 10, 2017 | Sold ARMLS #5536257 | $1,256,000 | — |
| Feb 23, 2017 | Pending ARMLS #5536257 | — | |
| Dec 13, 2016 | Listed (Active) ARMLS #5536257 | $1,279,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 02/09/2026 | Withdrawn ARMLS #6879328 | $3,100,000 |
| 06/12/2025 | Listed (Active) ARMLS #6879328 | $3,312,000 |
| 03/10/2017 | Sold ARMLS #5536257 | $1,256,000 |
| 02/23/2017 | Pending ARMLS #5536257 | — |
| 12/13/2016 | Listed (Active) ARMLS #5536257 | $1,279,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 3027 East Grandview Road, Unit 1
Schools near 3027 East Grandview Road, Unit 1
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 6 | |||
| Public - | PK to 6 | |||
| Public - | 5 to 8 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Palomino Intermediate School PublicPK to 6 | ||
Palomino Primary School PublicPK to 6 | ||
Greenway Middle School Public5 to 8 | ||
Paradise Valley High School Public7 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 Kasten Long Commercial Group
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.
