About This Home

This 1-bedroom, 1-bathroom multi-family at 3845 E GREENWAY Road #111 in Phoenix, AZ is listed for $194,500 ($281 per sqft). Built in 1988, the home offers 691 sqft of living space on a 0.02 acres lot.

Key Features

  • Built in 1988
  • 0.02 acre lot
  • 2 stories
  • Fireplace

Property Details

2 stories
1 full
#111
1988

Amenities

FireplaceA/C
Listing Description

BEST VALUE UNDER $200K IN PHOENIX 85032 -- CASH ONLY! Rare entry-level opportunity at Rancho Mirada with an ultra-low $198/month HOA, saving thousands in annual holding costs compared to competing complexes. Perfect for cash investors, 1031 exchanges, or anyone seeking turn-key, low-overhead living.

This ground-floor / first-floor 1-bed, 1-bath (691 SF) unit features an open layout, assigned covered parking, private patio, and convenient in-unit laundry with washer and dryer included. Community pool and heated spa just steps away. Low $198 HOA covers water, sewer, trash, roof replacement, and exterior hazard insurance. Prime 85032 North Phoenix location minutes to the new PV destination (Whole Foods, Life Time, dining), Kierland Commons, Costco, SR-51, and Loop 101. Cash buyers only!

Monthly Cost Estimate

$1,238/mo

20% down · 6.5% · 30 years

Principal$141
Interest$843
Insurance$57
HOA$198

Estimates only. Actual payments may vary.

Location

3845 E GREENWAY Road #111

Phoenix, AZ 85032

RANCHO MIRADA CONDOMINIUM

Features & Amenities

Interior Features

Granite CountersEat-in KitchenNo Interior StepsFull Bth Master Bdrm

Exterior Features

Storage

Property Details

Flooring

CarpetTile

Construction

Stucco Wood Frame

Outdoor Features

Patio

Parking

AssignedGated

Heating

Electric (Heating)

Cooling

Ceiling Fan(s)Central Air

Appliances

DryerWasherRefrigeratorBuilt-in MicrowaveDishwasherDisposal

Questions & Answers

This 1-bedroom, 1-bathroom multi-family at 3845 E GREENWAY Road is listed at $194,500 ($281/sqft). The estimated monthly payment is $1,238 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance, HOA fees.

HOA fees are $198/month.

Key features include: Built in 1988, 0.02 acre lot, 2 stories, Fireplace. Interior Features: Granite Counters, Eat-in Kitchen, No Interior Steps. Exterior Features: Storage.

This property is listed by Colleen Olson.

CO

Colleen Olson

Agent at Arizona Best Real Estate

Listed by Arizona Best Real Estate · Broker phone: (480) 948-4711 · View on Broker Site · Broker website

MLS# 7098440· Source: Arizona Regional Multiple Listing Service, Inc.· 3 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

3845 E GREENWAY Road #111, Phoenix, AZ 85032

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