$699,000

Estimated payment $3,726/month

-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Phoenix Coding Academy Rated A
  • Heating Available

About This Home

Newly Built Modern Duplex - Prime Phoenix Location
Just 2 miles from Downtown Phoenix, this brand-new duplex offers two identical 2-bed, 2-bath units, each with an attached 1-car garage. Featuring modern finishes, open layouts, and a low-maintenance design, it's ideal for owners or investors alike. Conveniently located near freeways, major employers, and entertainment, this property delivers strong rental potential and lasting value in a fast-growing area.

Listing Agent

Julia Kovalyova

Realty ONE Group License #BR648625000 Listed on: 02/07/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $188

Year Built

  • Built in 2026

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 51
  • Assessor Parcel Number 115-42-051

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5000
  • Lewis Park Subdivision

Building Details

  • Operating Expense $188
  • Gross Income $42,180
  • Net Operating Income $36,852

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$188

Year Built

Built in 2026

Lot Details

0

Listing Details

  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2026
  • Tax Year: 2026
  • Road Surface Type: Asphalt
  • Subdivision Name: LEWIS PARK
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Refrigerator, Dishwasher, Disposal, Microwave, W/D Hookup, Built-In Electric Oven

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Attached Garage
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0

Utilities

  • Electric: APS
  • Cooling: Electric, Varies by Unit, Ceiling Fan(s)
  • Heating: Forced Air
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 5000
  • Additional Parcels: No
  • Parcel #: 115-42-051

Multi Family

  • Owner Pays: Other
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 42180.0
  • Property Net Operating Income: 36852.0
  • Annual Operating Expense: 188.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 188.0
  • Tax Lot: 51

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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 $188 $1,322 $1,322 --
2024 $175 $1,259 $1,259 --
2023 $175 $5,520 $5,520 $0
2022 $169 $3,105 $3,105 $0
2021 $168 $2,955 $2,955 $0
2020 $170 $2,010 $2,010 $0
2019 $169 $1,515 $1,515 $0
2018 $166 $3,850 $770 $3,080
2017 $284 $3,980 $790 $3,190
2016 $276 $3,800 $760 $3,040
2015 $252 $2,980 $590 $2,390
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/07/2026 02/07/26 For Sale $699,000 +4268.8% --
04/20/2012 04/20/12 Sold $16,000 -23.8% $14 / Sq Ft View Prior Sale
03/27/2012 03/27/12 Pending -- -- --
02/29/2012 02/29/12 Price Changed $20,999 -15.7% $18 / Sq Ft
12/30/2011 12/30/11 For Sale $24,900 -- $21 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Sheriffs Deed $74,000 None Listed On Document
Sheriffs Deed $74,000 --
Sheriffs Deed $74,000 None Listed On Document
Sheriffs Deed $74,000 --
Cash Sale Deed $16,000 Fidelity Natl Title Agency I
Trustee Deed $25,593 None Available
Interfamily Deed Transfer -- Chicago Title Insurance Co
Interfamily Deed Transfer -- Capital Title Agency
Warranty Deed $32,500 Capital Title Agency
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $85,000 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6978852

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-42-051