2601 E Paradise Lane, Phoenix, AZ 85032

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
2601 E Paradise Lane,Phoenix, AZ 85032
$499,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: andrea d garcia
Office: keller williams realty sonoran living
MLS#:7095968
Source:ARMLS

Price summary

  • Price:$499,000

About this home

Situated on an expansive 35,480-square-foot (approximately 0.81-acre) lot in an evolving North Phoenix neighborhood, this R-3 zoned property presents a compelling opportunity for investors, developers, and visionaries looking to capitalize on the area's continued revitalization and long-term growth potential. Previously operating as a six-unit residential compound with multiple income-producing residences, the property offers a unique opportunity to reimagine its next chapter. The site has sustained significant fire damage, with only one of the original buildings remaining standing, creating an opportunity to explore redevelopment, reconstruction, or an entirely new residential investment concept. With its generous lot size, established residential surroundings, and convenient proximity to major transportation corridors, shopping, dining, and employment centers, the property offers an attractive foundation for a potential income-producing development. Whether envisioning multifamily...

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Home facts

  • Year built:1984
  • Subdivision & Development:KAY ACRES
  • Listing ID #:7095968
  • Updated:October 30, 2026 at 05:12 PM

Rooms and interior

  • Flooring:Carpet, Ceramic Tile, Tile

Heating and cooling

  • Cooling:Electric, Heat Pump
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:1984
  • Construction Materials:Block, Painted

Schools

  • High school:Paradise Valley High School
  • Middle school:Explorer Middle School
  • Elementary school:Whispering Wind Academy

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$499,000
  • Tax amount:$2,098 (2025)

Parking

  • Total parking spaces:14
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