2424 E GRANDVIEW Road
Phoenix, AZ 85032
Paradise Valley- 3 Beds
- 3 Baths
- 23,850 sqft
3 Beds
3 Baths
23,850 sqft
Local Information
© Google
-- mins to
Description
Grandview Terrace is a 36-unit apartment community located in North Phoenix. Located on East Grandview Road, west of the SR-51 Freeway, and east of Cave Creek Road, near Lookout Mountain, Paradise Valley Community College, Costco, Arizona Christian University, shopping, schools, and plenty of transportation options. Property is being sold ''As-Is.'' For the investor: This property offers the rare opportunity to acquire 80s vintage apartments (fully rehabbed in 2012). Projected gross potential rent of $234,000, less 12% vacancy of $28,080 per year, added income of $2,200, equals $208,120 adjusted gross income. After expenses of $101,176, the pro forma net operating income is $106,944. This is a 8.23% CAP RATE!
This property is off market, which means it's not currently listed for sale or rent on Trulia. This may be different from what's available on other websites or public sources. This description is from March 18, 2026
Home Highlights
Parking
16 Open Spaces
Outdoor
Pool
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
95 days ago
Home Details for 2424 E GRANDVIEW Road
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Beds & Baths Number of Bedrooms: 3Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 23850 Square Feet |
Appliances & Utilities Utilities: Sewer ConnectedAppliances: Free-Standing Range, Dishwasher, RefrigeratorDishwasherRefrigerator |
Heating & Cooling Heating: Individual,ElectricHas CoolingAir Conditioning: Electric,IndividualHas HeatingHeating Fuel: Individual |
Gas & Electric Electric: APS, Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Vinyl |
Levels, Entrance, & Accessibility Floors: Carpet, Vinyl |
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Exterior Home Features Roof: CompositionHas a Private Pool |
Parking & Garage Number of Covered Spaces: 36Open Parking Spaces: 16Has a CarportNo GarageHas Open ParkingParking Spaces: 52Parking: Paved,Free,Add'l Parking Avail,>1 Space Per Unit,Carport |
Pool Pool |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 6 |
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Year Built Year Built: 1984 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Painted, Stucco, Block |
Property Information Parcel Number: 21427002D |
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Price List Price: $1,300,000 |
Status Change & Dates Off Market Date: Mon Jun 03 2013 |
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MLS Status: Closed |
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Direction & Address City: PhoenixCommunity: Grandview Terrace Apartments |
School Information Elementary School District: Paradise Valley Unified DistrictHigh School District: Paradise Valley Unified District |
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Building Area Building Area: 23850 Square Feet |
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Community Features: Pool |
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Listing Terms: No Carry, 1031 Exchange |
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Business Information Ownership: Fee Simple |
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Owner Pays: Pool Maintenance, Trash Collection, Water, Sewer, Landscaping |
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Mls Number: 4943606 |
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Pool |
Last check for updates: 31 minutes ago
Listed by Natan Jacobs, (602) 281-6202
Vestis Group
Bought with: Richard Horst, (480) 353-0394, Keller Williams Arizona Realty
Source: ARMLS, MLS#4943606

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 2424 E GRANDVIEW Road
| Date | Price | Event | Source |
|---|---|---|---|
| 07/10/2013 | $1,350,000 | Sold | ARMLS #4943606 |
Market trends in Paradise Valley
Last updated May 2026
Avg. sale price
$585K
$4.75KMoM
Sale-to-List Price
98.4%
0.1%MoM
Price per sq ft
$342
$3MoM
Available listings
879
21MoM
Homeowner tools
Estimated monthly rent$2,127/mo
Comparable Sales for 2424 E GRANDVIEW Road
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 | |
0.73 | Multi-Family Home | $900,000 | 01/14/26 | 8 | 3 | 4,400 | |
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 | |
0.53 | Multi-Family Home | $615,000 | 12/01/25 | 8 | 8 | 3,600 | |
0.54 | Multi-Family Home | $315,000 | 05/08/26 | 8 | 5 | 3,614 | |
0.93 | Multi-Family Home | $380,000 | 03/19/26 | 2 | 2 | 1,358 | |
1.79 | Multi-Family Home | $2,205,000 | 07/18/25 | 28 | 2 | 13,300 |
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 Road.
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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Homes for sale near 2424 E GRANDVIEW Road
Off Market Homes Near 2424 E GRANDVIEW Road

2424 E GRANDVIEW Road, Phoenix, AZ 85032 is a 3 bedroom, 3 bathroom, 23,850 sqft multi-family built in 1984. 2424 E GRANDVIEW Road is located in Paradise Valley, Phoenix. This property is not currently available for sale. 2424 E GRANDVIEW Road was last sold on Jul 10, 2013 for $1,350,000 (4% higher than the asking price of $1,300,000). The current Trulia Estimate for 2424 E GRANDVIEW Road is $4,067,600.

