
Phoenix, AZ 85032
Analysis of 3027 E GRANDVIEW Road 1, Phoenix, AZ 85032 is currently available with a list price of $2,800,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1984 (40 years old), the property is dated but functional and well-maintained. While it features durable block construction and updated sewer clean-outs, the interior finishes—including the kitchen, baths, and tile flooring—are older and require modernization to meet current market standards.
The property is fully condo-mapped across four single-story buildings on individual parcels, providing investors with the versatile option to sell units individually or as a complete portfolio.
Featuring solid block construction, pitched roofs, and copper plumbing, the asset offers superior structural integrity and lower long-term maintenance costs compared to frame-built alternatives.
Spacious 900 SF units equipped with private fenced patios and washer/dryer hookups make these units highly competitive and attractive for long-term renters in the North Phoenix market.
Built in 1984, the property may require significant capital expenditures for interior modernizations and mechanical upgrades to remain competitive with newer inventory in the submarket.
The portfolio consists exclusively of 2-bedroom, 1-bathroom configurations, which lacks the demographic diversification offered by a mix of one-bedroom or three-bedroom units.
The Grandview Portfolio is a 16-unit, garden-style community built in 1984 with solid block construction. Comprised of four fully condo-mapped, single-story buildings on individual parcels, the property offers flexible exit strategies. Each spacious 2-bed/1-bath unit (approx. 900 SF) features private fenced patios, full-size appliances, large picture windows, washer/dryer hookups, and covered entries. The site includes 24 covered parking spaces, pitched roofs, mature landscaping, copper plumbing, individual electric metering, and recently installed sewer clean-outs. Ideally located near 32nd Street and Bell Road, the property offers excellent access to SR-51, Loop 101, and nearby retail, dining, and employment hubs--making it a strong investment in a high-demand North Phoenix submarket.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 910 | - |
| Lot Size | - | - |
| Price | $2.80M | $228.9K |
| Price per sq ft | $3.1K | $256 |
| Built year | 1984 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 4774 |
Jul 22, 2026
$2,800,000
Initial Listing