2635 E CLARENDON Avenue, Phoenix, AZ 85016

$2,600,000

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Property Type: Multiple Dwellings Bedrooms: 5 Baths: 5 Status: Active

Current Price: $2,600,000 Last Modified: 9/28/2026

Overview

Description

Do not miss this stunning multi-family property that really has it all! The Clare Collective features 4 units with plenty of amenities, offering endless potential for extra income or multigenerational living. Sought-after location close to the freeway, schools, dining, and everyday necessities. The beautifully updated units feature sizable and welcoming living spaces with wood-look & tile flooring, neutral tones, and well-appointed kitchens with quartz counters and stainless steel appliances. The backyard offers plenty of room for outdoor fun, including pergolas, a sparkling pool, ample seating space with artificial grass, and a basketball court. Come see it before it's too late!

Listing Details MLS# 7086070

Location, Tax & Legal

House Number: 2635
Compass: E
Street Name: CLARENDON
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85016
Zip4: 6713
Country: US
County Code: Maricopa
Assessor Number: 119-06-049
Tax Year: 2025
Assessor's Map #: 6
Legal Description (Abbrev): W 60' OF N 180' OF E2 N2 NW4 SE4 NW4 EX N 30' RD .20 AC
Assessor's Parcel #: 49
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 110801
Taxes: 963
Legal: W 60' OF N 180' OF E2 N2 NW4 SE4 NW4 EX N 30' RD .20 AC
Marketing Name: The Clare Collective

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 120'X152'
Year Built: 1950
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 4
Zoning: R-3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Biltmore Preparatory Academy
Jr. High School: Biltmore Preparatory Academy
High School: Camelback High School

Remarks Misc

Cross Street: Indian School Rd & 24th St
Directions: From AZ-51, head east to Thomas Rd, turn left onto N 24th St, turn right onto E Clarendon Ave, turn right. Property will be on the left.

Legal Info

Township: 2N
Range: 3E
Section: 26
Lot Number: 060

1 Bedroom Units

# 1 Bedroom Units: 3
Avg SqFt: 600
# Baths: Yes
Avg Rent: 0

More Information

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg SqFt: 1200
# Baths: 2
Avg Rent: 0

Structure

Bedrooms Total: 5
Bathrooms Total: 5

Income Expenses

Gross Annual Sch Inc: 180000
Net Operating Income: 150000

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

Four Plex: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes
Wood Frame: Yes

Const - Finish

Painted: Yes
Brick Veneer: Yes

Roofing

Composition: Yes
Foam: Yes

Floors

Tile: Yes
Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 963
Other Income: 0
Vacancy Allowance: 0.1
Adjusted Gross Inc: 162000

Pmt & Rate Info

Cap Rate: 5.77
Equity: 2600000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

See Private Remarks: Yes

Community Features

Pool: Yes
Heated Pool(s): Yes
Play Area: Yes
Sport Court: Yes
Barbecue: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Green Landscaping: Yes
Fenced: Yes
Patio/Balcony: Yes

Interior Features

Furnished: Yes
Drapes: Yes
Breakfast Bar: Yes

Tenant Pays

None: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Unknown: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

On Street: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

SW Gas: Yes
Master Meter: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
Conventional: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Four Plex Construction: Block; Wood Frame Const - Finish: Painted; Brick Veneer Roofing: Composition; Foam Floors: Tile; Vinyl Sale Includes: Land & Building Community Features: Pool; Heated Pool(s); Play Area; Sport Court; Barbecue Exterior Amenities: Green Landscaping; Fenced; Patio/Balcony Interior Features: Furnished; Drapes; Breakfast Bar Appliances Included: Built-In Range; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: SW Gas; Master Meter Parking Features: On Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: None Source of Fincl Data: Unknown Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None

Listing Office: West USA Realty

Last Updated: September - 28 - 2026