3027-3045 E Grandview Rd 16 Unit Apartment Building $2,800,000 ($175,000/Unit) Phoenix, AZ 85032

Grandview Condominiums an exceptional 16-unit, multifamily community located in the desirable North Phoenix submarket. Spread across four single-level, garden-style buildings, this fully condo-mapped asset offers both immediate income and long-term flexibility, making it a rare opportunity in one of Phoenix’s most stable and steadily appreciating neighborhoods. The property features sixteen spacious 2-bedroom, 1-bathroom units, each approximately 900 square feet, and on individual tax parcels. Every unit showcases functional, modern layouts with full-size appliances, in-unit washer/dryer hookups, large picture windows, covered entries, and private fenced patios—amenities that appeal to today’s discerning tenants and promote long-term retention. Residents benefit from the charm and accessibility of a low-density design, complemented by mature landscaping, 24 covered parking spaces, and quiet, community-oriented living. The buildings feature pitched composition roofs, copper plumbing, individual electric metering, and recently installed sewer clean-outs, enhancing operational efficiency and reducing long-term maintenance concerns. Positioned on a quiet residential street near 32nd Street and Bell Road, the property enjoys proximity to key retail, dining, and employment centers and excellent freeway access via SR-51 and Loop 101. This strategic location supports a diverse and stable tenant base while offering strong rental demand in a supply-constrained pocket of North Phoenix. With its high-quality construction, completed capital improvements, and flexible exit strategies, including potential condo resale Grandview Condominiums represents a compelling opportunity for investors seeking a stabilized, low-maintenance asset with multiple avenues for long-term value creation.