2424 E Grandview Rd
Phoenix, AZ 85032
Paradise Valley- Studio
Studio
Local Information
-- mins to
Description
Back on Market! Buyer Could not get his financing together! His loss is your gain!! Cash Flowing - Fully Repositioned 36-unit Apartment Community located in North Phoenix off of Cave Creek Road - West of the SR-51 Freeway and near Lookout Mountain. Property has had Many Improvements and Updates - Property was Rehabbed in 2012. Actual gross rents of $228,900 based on Current Rent Roll with Added Income of $4620 equals $233,520.00 Adjusted Gross Income. After expenses of $110,968.00 the Actual Net Operating Income is $122,552.00, which minus the vacancy allowance is a 7.47% CAP RATE! Great Unit Mix!!
2424 E Grandview Rd, Phoenix, AZ 85032 is a studio multi-family in Paradise Valley, built in 1984. It is currently off market. The Trulia Estimate is $997,200, with a rent estimate of $1,615/month.
Home Highlights
Parking
No Info
Outdoor
No Info
A/C
Heating only
HOA
None
Price/Sqft
No Info
Listed
Less than a day ago
Home Details for 2424 E Grandview Rd
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Heating & Cooling Heating: ElectricHeating Fuel: Electric |
Levels, Entrance, & Accessibility Floors: Carpet, Linoleum Vinyl |
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Exterior Home Features Roof: OtherExterior: Stucco |
Parking & Garage Parking: Carport |
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Year Built Year Built: 1984 |
Property Type / Style Property Type: Multi FamilyArchitecture: Other |
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Units in Building: 36 |
Price History for 2424 E Grandview Rd
| Date | Price | Event | Source |
|---|---|---|---|
| 07/17/2014 | $1,495,000 | ListingRemoved | Agent Provided |
| 03/23/2014 | $1,495,000 | Listed For Sale | Agent Provided |
Market trends in Paradise Valley
Last updated June 2026
Avg. sale price
$583K
$3.33KMoM
Sale-to-List Price
98.5%
0.1%MoM
Price per sq ft
$336
$5MoM
Available listings
862
17MoM
Comparable Sales for 2424 E Grandview Rd
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.42 | Multi-Family Home | $670,000 | 01/09/26 | 6 | 4 | 2,632 | |
0.53 | Multi-Family Home | $615,000 | 12/01/25 | 8 | 8 | 3,600 | |
0.53 | Multi-Family Home | $315,000 | 05/08/26 | 8 | 5 | 3,614 | |
0.55 | Multi-Family Home | $530,000 | 11/14/25 | 8 | 2 | 3,628 | |
0.61 | Multi-Family Home | $530,000 | 11/14/25 | 8 | 2 | 3,628 | |
0.71 | Multi-Family Home | $180,000 | 07/24/25 | 2 | 2 | 946 | |
0.72 | Multi-Family Home | $900,000 | 01/14/26 | 8 | 3 | 4,400 | |
0.76 | Multi-Family Home | $297,000 | 06/30/26 | 2 | 2 | 1,056 | |
0.93 | Multi-Family Home | $380,000 | 03/19/26 | 2 | 2 | 1,358 | |
1.26 | Multi-Family Home | $175,000 | 02/12/26 | 1 | 1 | 720 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 2424 E Grandview Rd.
What Locals Say about Paradise Valley
At least 1036 Trulia users voted on each feature.
90 % Say it's dog friendly
89 % Say there are sidewalks
86 % Say parking is easy
85 % Say car is needed
77 % Say yards are well-kept
73 % Say there's holiday spirit
71 % Say people would walk alone at night
70 % Say streets are well-lit
70 % Say it's quiet
60 % Say kids play outside
58 % Say it's walkable to grocery stores
57 % Say they plan to stay for at least 5 years
55 % Say it's walkable to restaurants
51 % Say neighbors are friendly
42 % Say there's wildlife
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
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