3636 E VERDE Lane
Phoenix, AZ 85018
Camelback East- 10 Beds
- 9 Baths
- 4,064 sqft
10 Beds
9 Baths
4,064 sqft
Local Information
© Google
-- mins to
Description
SELLER CARRYBACK! 3636 E Verde Phoenix is a charming and well-maintained 9-unit apartment building located in the sought-after neighborhood of Arcadia Lite in Phoenix, Arizona. This property offers a fantastic opportunity for both investors and tenants alike with its recent renovations and appealing amenities.
One of the most significant updates to the property is the installation of new pipes, which ensures a reliable plumbing system for all the units. Additionally, a newer roof has been put in place, providing enhanced protection against the elements and reducing maintenance costs for the foreseeable future.
The building's appeal is further enhanced by the inclusion of dual-pane windows in each unit. These windows not only improve energy efficiency but also minimize noise pollution, These windows not only improve energy efficiency but also minimize noise pollution, allowing tenants to enjoy a peaceful and comfortable living experience.
Moreover, with the electric masts being raised, residents can benefit from a more reliable electrical supply, ensuring uninterrupted power to all units.
The exterior of the property has not been overlooked in the renovations. New landscaping has been added, creating an inviting and visually appealing environment for the residents. Tenants can take advantage of well-maintained space to relax, socialize, or simply enjoy the outdoors.
All nine units are currently fully occupied, indicating a strong demand for housing in this desirable location. This presents an excellent opportunity for the property owner to increase rental rates gradually, contributing to enhanced profitability and return on investment.
For the convenience of the residents, the property boasts an on-site laundry room, making laundry chores a breeze. This amenity is highly valued by tenants, making it an attractive feature for prospective renters as well.
Moreover, for additional income potential, the property offers a garage rental option. Tenants have the option to rent garages for extra storage space or to park their vehicles securely, providing an added incentive to choose this property as their home.
Arcadia Lite is a popular neighborhood known for its unique blend of urban convenience and suburban charm. Residents of this area enjoy easy access to a variety of dining, shopping, and entertainment options, making it an enticing location for potential tenants.
In conclusion, 3636 E Verde Phoenix is a well-maintained, fully occupied 9-unit apartment building with numerous attractive features, including new pipes, a newer roof, dual-pane windows, raised electric masts, new landscaping, on-site laundry facilities, and the option for garage rentals. Situated in the desirable Arcadia Lite neighborhood, this property offers excellent potential for rental income growth, making it an appealing investment opportunity in the Phoenix real estate market.
Buyer to verify all facts and figures.
One of the most significant updates to the property is the installation of new pipes, which ensures a reliable plumbing system for all the units. Additionally, a newer roof has been put in place, providing enhanced protection against the elements and reducing maintenance costs for the foreseeable future.
The building's appeal is further enhanced by the inclusion of dual-pane windows in each unit. These windows not only improve energy efficiency but also minimize noise pollution, These windows not only improve energy efficiency but also minimize noise pollution, allowing tenants to enjoy a peaceful and comfortable living experience.
Moreover, with the electric masts being raised, residents can benefit from a more reliable electrical supply, ensuring uninterrupted power to all units.
The exterior of the property has not been overlooked in the renovations. New landscaping has been added, creating an inviting and visually appealing environment for the residents. Tenants can take advantage of well-maintained space to relax, socialize, or simply enjoy the outdoors.
All nine units are currently fully occupied, indicating a strong demand for housing in this desirable location. This presents an excellent opportunity for the property owner to increase rental rates gradually, contributing to enhanced profitability and return on investment.
For the convenience of the residents, the property boasts an on-site laundry room, making laundry chores a breeze. This amenity is highly valued by tenants, making it an attractive feature for prospective renters as well.
Moreover, for additional income potential, the property offers a garage rental option. Tenants have the option to rent garages for extra storage space or to park their vehicles securely, providing an added incentive to choose this property as their home.
Arcadia Lite is a popular neighborhood known for its unique blend of urban convenience and suburban charm. Residents of this area enjoy easy access to a variety of dining, shopping, and entertainment options, making it an enticing location for potential tenants.
In conclusion, 3636 E Verde Phoenix is a well-maintained, fully occupied 9-unit apartment building with numerous attractive features, including new pipes, a newer roof, dual-pane windows, raised electric masts, new landscaping, on-site laundry facilities, and the option for garage rentals. Situated in the desirable Arcadia Lite neighborhood, this property offers excellent potential for rental income growth, making it an appealing investment opportunity in the Phoenix real estate market.
Buyer to verify all facts and figures.
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 December 06, 2024
Home Highlights
Parking
4 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
No Info
Listed
180+ days ago
Home Details for 3636 E VERDE Lane
|
|---|
Beds & Baths Number of Bedrooms: 10Number of Bathrooms: 9 |
Dimensions and Layout Living Area: 4064 Square Feet |
Appliances & Utilities Utilities: Sewer ConnectedAppliances: Free-Standing Range, RefrigeratorRefrigerator |
Heating & Cooling Heating: Individual,Heat PumpHas CoolingAir Conditioning: Ceiling Fan(s),Heat Pump,IndividualHas HeatingHeating Fuel: Individual |
Gas & Electric Electric: APS, Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Carpet, Ceramic Tile |
Levels, Entrance, & Accessibility Floors: Carpet, Ceramic Tile |
|
|---|
Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 8Open Parking Spaces: 4Has a CarportNo GarageHas Open ParkingParking Spaces: 12Parking: Free,Add'l Parking Avail,>1 Space Per Unit,On Street,Carport |
Frontage Not on Waterfront |
Water & Sewer Sewer: Sewer-In & Connected, Public Sewer |
|
|---|
Cumulative Days on Market: 419 |
|
|---|
Year Built Year Built: 1955 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Painted, Stucco, Block |
Property Information Parcel Number: 12722072A |
|
|---|
Price List Price: $1,850,000 |
Status Change & Dates Off Market Date: Tue Nov 12 2024 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: PhoenixCommunity: OAKSHIRE |
School Information Elementary School District: Creighton Elementary DistrictHigh School District: Phoenix Union High School District |
|
|---|
Building Area Building Area: 4064 Square Feet |
|
|---|
Community Features: No Pool |
|
|---|
Listing Terms: Owner May Carry, Conventional |
|
|---|
Business Information Ownership: Fee Simple |
|
|---|
Owner Pays: Gas, Trash Collection, Water, Sewer, Landscaping |
|
|---|
Mls Number: 6591677 |
|
|---|
No Pool |
Last check for updates: about 15 hours ago
Listed by Linda S Gerchick, (602) 688-9279
Gerchick Real Estate
Bought with: Linda S Gerchick, (602) 688-9279, Gerchick Real Estate
Source: ARMLS, MLS#6591677

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Price History for 3636 E VERDE Lane
| Date | Price | Event | Source |
|---|---|---|---|
| 12/06/2024 | $1,800,000 | Sold | ARMLS #6591677 |
| 11/12/2024 | $1,850,000 | Pending | ARMLS #6591677 |
| 10/15/2024 | $1,850,000 | PriceChange | ARMLS #6591677 |
| 07/08/2024 | $1,995,000 | PriceChange | ARMLS #6591677 |
| 06/22/2024 | $2,195,000 | PendingToActive | ARMLS #6591677 |
| 06/15/2024 | $2,195,000 | Pending | ARMLS #6591677 |
| 06/10/2024 | $2,195,000 | PendingToActive | ARMLS #6591677 |
| 05/31/2024 | $2,195,000 | Pending | ARMLS #6591677 |
| 04/11/2024 | $2,195,000 | PriceChange | ARMLS #6591677 |
| 04/04/2024 | $2,495,000 | Pending | ARMLS #6591677 |
| 04/02/2024 | $2,495,000 | PendingToActive | ARMLS #6591677 |
| 03/31/2024 | $2,495,000 | Pending | ARMLS #6591677 |
| 03/31/2024 | $2,495,000 | PendingToActive | ARMLS #6591677 |
| 03/19/2024 | $2,495,000 | Pending | ARMLS #6591677 |
| 12/10/2023 | $2,495,000 | PriceChange | ARMLS #6591677 |
| 11/02/2023 | $2,850,000 | PriceChange | ARMLS #6591677 |
| 10/05/2023 | $2,950,000 | PriceChange | ARMLS #6591677 |
| 08/18/2023 | $3,495,000 | Listed For Sale | ARMLS #6591677 |
Comparable Sales for 3636 E VERDE Lane
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.20 | Multi-Family Home | $980,000 | 10/30/25 | 7 | 1 | 3,808 | |
0.25 | Multi-Family Home | $780,000 | 08/21/25 | 6 | 2 | - | |
1.35 | Multi-Family Home | $870,000 | 01/16/26 | 6 | 6 | 3,600 | |
1.26 | Multi-Family Home | $1,275,000 | 07/23/25 | 6 | 2 | 3,200 | |
1.26 | Multi-Family Home | $1,275,000 | 07/23/25 | 6 | 2 | 3,200 | |
1.49 | Multi-Family Home | $1,170,000 | 03/18/26 | 8 | 4 | 3,120 | |
0.89 | Multi-Family Home | $425,000 | 10/20/25 | 4 | 2 | 2,425 | |
1.21 | Multi-Family Home | $2,300,000 | 06/01/25 | 22 | 2 | 10,000 |
Nearby homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 3636 E VERDE Lane.
What Locals Say about Camelback East
At least 1116 Trulia users voted on each feature.
89 % Say it's dog friendly
82 % Say car is needed
77 % Say there are sidewalks
75 % Say parking is easy
73 % Say it's walkable to restaurants
70 % Say there's holiday spirit
65 % Say yards are well-kept
62 % Say it's quiet
62 % Say it's walkable to grocery stores
60 % Say people would walk alone at night
57 % Say streets are well-lit
56 % Say they plan to stay for at least 5 years
54 % Say kids play outside
47 % Say neighbors are friendly
31 % Say there's wildlife
24 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Apartments for Rent
Explore by feature
Homes for sale near 3636 E VERDE Lane
Off Market Homes Near 3636 E VERDE Lane

Homes for rent near 3636 E VERDE Lane
3636 E VERDE Lane, Phoenix, AZ 85018 is a 10 bedroom, 9 bathroom, 4,064 sqft multi-family built in 1955. 3636 E VERDE Lane is located in Camelback East, Phoenix. This property is not currently available for sale. 3636 E VERDE Lane was last sold on Dec 6, 2024 for $1,800,000 (3% lower than the asking price of $1,850,000). The current Trulia Estimate for 3636 E VERDE Lane is $1,736,900.