$714,800
$42K PRICE DROP

Estimated payment $4,082/month

Total Views 11,360
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Ceramic Tile Flooring
  • Ceiling Fan
  • Desert Landscape
  • Central Heating and Cooling System
  • Fenced

About This Home

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures. Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification. Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment. Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.

Listing Agent

Josiah Miller

West USA Realty License #SA707699000 Listed on: 06/16/2026

West USA Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,932

Year Built

  • Built in 1936

Lot Details

  • Fenced
  • Desert Landscape

Home Design

  • Composition Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 8 Parking Spaces
  • Carport
  • Free Parking
  • Additional Parking
  • 6 Open Parking Spaces

Schools

  • Silvestre S Herrera Elementary And Middle School
  • North High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 13 / 1
  • Assessor Parcel Number 115-37-041-A

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 100x100
  • Hilton Place Subdivision

Building Details

  • Operating Expense $6,232
  • Gross Income $61,115
  • Net Operating Income $60,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,932

Year Built

Built in 1936

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: I-10 and 14th st
  • Property Type: Multiple Dwellings
  • Zoning: R-2
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1936
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Subdivision Name: HILTON PLACE
  • Tax Parcel Letter: A
  • Const - Finish:Const - Finish: Painted, Stucco
  • Cooling:Cooling: Central Air, Electric, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: City Electric, Other (See Remarks)
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Block, Painted, Stucco
  • Roof: Composition
  • Exterior Amenities: Desert Landscaping, Fenced

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Open, Carport, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 8.0
  • Parking Features:Parking Features: Free, Carport, >1 Space Per Unit, Add'l Parking Avail

Utilities

  • Electric: City Electric
  • Cooling: Central Air, Electric, Ceiling Fan(s)
  • Heating: Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Silvestre S Herrera School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School

Lot Info

  • Lot Size: 100x100
  • Additional Parcels: No
  • Parcel #: 115-37-041-A

Multi Family

  • Owner Pays: None, Other, See Remarks
  • Tenant Pays: None, See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 61115.4
  • Insurance Expense: 1300.0
  • Maintenance Expense: 3000.0
  • Property Net Operating Income: 60032.0
  • Annual Operating Expense: 6232.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 1932.0
  • Tax Block: 1
  • Tax Book Number: 115.0
  • Tax Lot: 13

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,932 $13,602
2024 $496 $12,954
2023 $496 $15,660 $3,130 $12,530
2022 $479 $11,430 $2,280 $9,150
2021 $475 $7,550 $1,510 $6,040
2020 $480 $7,350 $1,470 $5,880
2019 $479 $5,410 $1,080 $4,330
2018 $471 $5,160 $1,030 $4,130
2017 $460 $5,230 $1,040 $4,190
2016 $447 $4,760 $950 $3,810
2015 $414 $4,300 $860 $3,440
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/07/2026 07/07/26 Price Changed $714,800 +43.0% --
06/21/2026 06/21/26 Price Changed $500,000 -33.9% --
06/16/2026 06/16/26 For Sale $756,847 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Warranty Deed $140,000 Pioneer Title Agency Inc
Warranty Deed $125,000 First Arizona Title Agency L
Warranty Deed $80,000 First Arizona Title Agency
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- None Available
Interfamily Deed Transfer -- None Available
Quit Claim Deed -- None Available
Quit Claim Deed -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $371,000 New Conventional
Closed $304,000 New Conventional
Closed $150,000 Stand Alone First
Previous Owner $133,000 Purchase Money Mortgage
Source: Public Records

About the Listing Agent

Josiah Miller

West USA Realty

(866) 535-5526

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With a background in marketing, I specialize in using targeted advertising to sell my clients’ homes quickly for the best terms and most amount of money possible.

What I Do Differently - My 14-Step Marketing Plan For Your Home:

1: Full Cinematic Property Video: My videographer will shoot a high-impact, cinematic video blending arial drone video and interior video of your home with day/night transitions. This video will be uploaded to YouTube, Instagram, and TikTok boosted with

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7042693

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-37-041A

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