1708 E VERDE Lane
Phoenix, AZ 85016
Encanto- 3 Beds
- 4 Baths
- 4,682 sqft
3 Beds
4 Baths
4,682 sqft
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1950
Living Area
4,682 sqft
Price/Sqft
$168
Parking
2 Open Spaces
About this House
For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!!
Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.
Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.
Home Details for 1708 E VERDE Lane
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 4 |
Dimensions and Layout Living Area: 4682 Square Feet |
Appliances & Utilities Appliances: Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/DryerDishwasherMicrowaveRefrigerator |
Heating & Cooling Heating: Window/Wall Unit(s),ElectricHas CoolingAir Conditioning: Wall/Window Unit(s),ElectricHas HeatingHeating Fuel: Window Wall Unit S |
Gas & Electric Electric: APSHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Carpet, Ceramic Tile |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 2No CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Free,On Street |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 105 |
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Year Built Year Built: 1950 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 11933040 |
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Price List Price: $897,000 |
Status Change & Dates Off Market Date: Mon Jun 16 2025 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: GARDENDALE ADD. |
School Information Elementary School: Larry C Kennedy SchoolElementary School District: Creighton Elementary DistrictJr High / Middle School: Larry C Kennedy SchoolHigh School: Camelback High SchoolHigh School District: Phoenix Union High School District |
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Building Area Building Area: 4682 Square Feet |
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Community Features: No Pool |
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Lot Area: 8215 sqft |
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Listing Terms: No Carry, Conventional, FHA, VA Loan |
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Business Information Ownership: Fee Simple |
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Owner Pays: Gas, Electricity, Trash Collection, Water, Sewer, Cable TV, Landscaping |
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Mls Number: 6817836 |
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No Pool |
Last check for updates: about 4 hours ago
Listed by Natalia Yalin, (858) 729-4377
eXp Realty
Bought with: Non-Represented Buyer, Non-MLS Office
Source: ARMLS, MLS#6817836

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 1708 E VERDE Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 06/16/2025 | $795,000 | Sold | ARMLS #6817836 |
| 03/17/2025 | $897,000 | Listed For Sale | ARMLS #6817836 |
| 03/17/2025 | $897,000 | ListingRemoved | ARMLS #6746455 |
| 02/27/2025 | $897,000 | Pending | ARMLS #6746455 |
| 02/26/2025 | $897,000 | PriceChange | ARMLS #6746455 |
| 02/25/2025 | $895,000 | Pending | ARMLS #6746455 |
| 02/25/2025 | $897,000 | ListingRemoved | ARMLS #6817836 |
| 02/24/2025 | $897,000 | Pending | ARMLS #6817836 |
| 02/12/2025 | $897,000 | Listed For Sale | ARMLS #6817836 |
| 02/08/2025 | $895,000 | ListingRemoved | ARMLS #6746455 |
| 11/20/2024 | $895,000 | PendingToActive | ARMLS #6746455 |
| 11/15/2024 | $895,000 | Pending | ARMLS #6746455 |
| 11/15/2024 | $895,000 | Listed For Sale | ARMLS #6746455 |
| 11/15/2024 | $897,000 | ListingRemoved | ARMLS #6756345 |
| 09/13/2024 | $895,000 | PriceChange | ARMLS #6746455 |
| 08/22/2024 | $897,000 | Listed For Sale | ARMLS #6746455 |
| 01/23/2024 | $757,000 | ListingRemoved | ARMLS #6404692 |
| 05/01/2023 | $640,000 | Sold | ARMLS #6506250 |
| 04/11/2023 | $659,000 | Pending | ARMLS #6506250 |
| 03/17/2023 | $659,000 | PriceChange | ARMLS #6506250 |
| 03/13/2023 | $663,900 | PriceChange | ARMLS #6506250 |
| 03/02/2023 | $665,299 | PriceChange | ARMLS #6506250 |
| 02/22/2023 | $667,200 | PriceChange | ARMLS #6506250 |
| 02/15/2023 | $667,500 | PriceChange | ARMLS #6506250 |
| 02/03/2023 | $674,000 | Listed For Sale | ARMLS #6506250 |
| 02/25/2022 | $262,000 | Sold | N/A |
Market trends in Encanto
Last updated June 2026
Avg. sale price
$468K
$10.58KMoM
Sale-to-List Price
98.1%
0.4%MoM
Price per sq ft
$341
$5MoM
Available listings
284
29MoM
Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $3,541 |
| Assessment | $498,700 |
Home facts updated by county records
Comparable Sales for 1708 E VERDE Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.83 | Multi-Family Home | $425,000 | 06/03/26 | 4 | 4 | 2,280 | |
0.40 | Multi-Family Home | $1,399,000 | 03/10/26 | 1 | 1 | 3,549 | |
0.18 | Multi-Family Home | $432,500 | 03/19/26 | 4 | 2 | 1,568 | |
1.25 | Multi-Family Home | $811,275 | 10/23/25 | 6 | 3 | 2,646 | |
1.15 | Multi-Family Home | $480,000 | 08/05/26 | 4 | 2 | 1,322 | |
0.95 | Multi-Family Home | $499,000 | 07/17/26 | 2 | 1 | 1,216 | |
1.53 | Multi-Family Home | $915,000 | 05/08/26 | 5 | 4 | 2,650 | |
1.64 | Multi-Family Home | $970,000 | 01/05/26 | 6 | 4 | 3,400 | |
1.26 | Multi-Family Home | $479,000 | 11/04/25 | 4 | 2 | 1,630 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1708 E VERDE Lane.
What Locals Say about Encanto
At least 534 Trulia users voted on each feature.
88 % Say it's dog friendly
84 % Say there are sidewalks
80 % Say car is needed
79 % Say parking is easy
70 % Say yards are well-kept
69 % Say it's walkable to restaurants
68 % Say there's holiday spirit
59 % Say people would walk alone at night
58 % Say streets are well-lit
53 % Say it's quiet
51 % Say they plan to stay for at least 5 years
50 % Say it's walkable to grocery stores
48 % Say kids play outside
46 % Say neighbors are friendly
32 % Say there are community events
23 % Say there's wildlife
Sourced by Trulia users. Learn more about our methodology.
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Frequently asked questions about 1708 E VERDE Lane
- What is 1708 E VERDE Lane estimated to be worth?Trulia's estimated value for 1708 E VERDE Lane in Phoenix, AZ is $787,200.
- What is the price history for 1708 E VERDE Lane?1708 E VERDE Lane in Phoenix, AZ last sold for $795,000 in June 2025.
- Is Phoenix a buyer's or seller's market?Phoenix is currently a balanced market, based on recent for-sale activity.
- What's the median sale price in Phoenix?The median sale price in Phoenix is $468K. That is down $10.58K from the prior month.
- Does 1708 E VERDE Lane have air conditioning?Yes, 1708 E VERDE Lane in Phoenix, AZ has air conditioning.
- Does 1708 E VERDE Lane have laundry facilities?Yes, 1708 E VERDE Lane in Phoenix, AZ has laundry facilities.


