1625 E LAMAR Road, Phoenix, AZ 85016
$3,500,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $3,500,000 Last Modified: 8/18/2026
Overview
Description
Supplements:
Listing Details MLS# 6487558
Location, Tax & Legal
- Map Code/Grid
- N35
- House Number
- 1625
- Compass
- E
- Street Name
- LAMAR
- St Suffix
- Road
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85016
- Country
- US
- County Code
- Maricopa
- Subdivision
- Lamar Townhomes
- Assessor Number
- 164-34-005
- Tax Year
- 2021
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- irregular
- Year Built
- 2023
- Total # of Units
- 4
- # of Buildings
- 2
- Zoning
- R3
- Flood Zone
- No
- Elementary School District
- Madison Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Madison #1 Middle School
- High School
- Central High School
Remarks Misc
- Cross Street
- 16th Street and Glendale
- Directions
- 16th Street block south of Glendale to Lamar , East to property
Status Change Info
- Off Market Date
- 2023-07-29
- Under Contract Date
- 2023-04-08
- Close of Escrow Date
- 2023-06-30
Legal Info
- Township
- 2N
- Range
- 3E
- Section
- 10
- Lot Number
- 1,2,3,4
More Information
4 Bedrooms Units
- # 4 Bedroom Units
- 4
- Avg Rent
- 4750
- Avg SqFt
- 2752
- # Baths
- 3
Income Expenses
- Gross Annual Sch Inc
- 240000
- Net Operating Income
- 216600
Sold Info
- Loan Type
- Conventional
- Loan Years
- 30
- Payment Type
- Fixed
- Closing Cost Split
- Normal - N
- Buyer Concession $/%
- $
- Seller Concession to Buyer
- 99000
- Seller Concession $/%
- %
Property Features
Project Type: Four Plex Construction: Wood Frame Const - Finish: Painted; Stucco; Siding Roofing: Foam Floors: Wood; Ceramic Tile Sale Includes: Land & Building Community Features: No Pool; Other Exterior Amenities: Desert Landscaping; Fenced; Curb(s) & Gutter(s); Patio/Balcony Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar; Other (See Remarks) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Heating: Individual; Central; 2 or More Units Cooling: Ceiling Fan(s); Electric; Heat Pump; Central Air; 2 or More Units Water Source: City Franchise; Individual Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Garage; On Street; >1 Space Per Unit; Attached; Garage Door Opener Road Surface Type: Concrete Owner Pays: Landscaping; Other Tenant Pays: Water; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Projected Proforma Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Treat as Free&Clear Existing 3rd Loan Type: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Conventional Environmental: None
Listing Office: REI Marketing
Last Updated: August - 18 - 2026
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