3301 W Harmont Drive, Phoenix, AZ 85051

$858,500

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Sold Price
$858,500
List Price
$879,000
Closing Date
Mar 05, 2025
Days on Market
26
Status
CLOSED
MLS#
6802584
City
Phoenix
Subdivision
Northern Lanai Unit 1
Year Built
1974

Property Description

Looking for a solid cash-flowing asset in Phoenix? This 4-plex is a must-see! Currently generating $4,000 per month in gross rental income from three fully-occupied units, this property offers a fantastic opportunity for investors looking to maximize returns. But that's not all - there's huge potential for value-add! The fourth unit is available for house hacking, either by living in it yourself or renting it out for even more income. With the possibility of grossing $5,700 per month once the fourth unit is rented, this property is primed for cash flow expansion.

Additional Information

School District
Glendale Union High School District
Community Features
Other
Construction
Wood Frame, Stucco
Cooling
Central Air
Electric
SRP
Flooring
Ceramic Tile, Vinyl
Heating
Electric
New Financing
Conventional, FHA, VA Loan
Roofing
Composition
Sewer
Public Sewer
Subdivision
Northern Lanai Unit 1
Taxes
$2,223
Tax Year
2024
Units
4
Water
City Franchise
Zoning
n/a

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Realty ONE Group. Selling Office: Non-MLS Office.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.