$450,000

Estimated payment $2,610/month

Total Views 887
4 Beds
2 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Patio
  • Outdoor Storage
  • Partially Fenced Property
  • Phoenix Coding Academy Rated A
  • Central Heating and Cooling System

About This Home

Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering.

Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach.

***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

Listing Agent

Paul Bay

Marcus & Millichap License #SA671037000 Listed on: 08/21/2026

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $831

Year Built

  • Built in 1986

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Paved Parking

Outdoor Features

  • Patio
  • Outdoor Storage

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available

Additional Features

  • 4 Bedrooms
  • Partially Fenced Property

Listing and Financial Details

  • The owner pays for water, sewer, trash collection, landscaping
  • Tax Lot 31
  • Assessor Parcel Number 117-04-035

Community Details

Overview

  • 2 Units
  • Building Dimensions are 5200 SF

Building Details

  • Operating Expense $9,161
  • Gross Income $31,046
  • Net Operating Income $21,505

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$831

Year Built

Built in 1986

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 17th Street
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1986
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Professional Management Expense: 1530.0
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air, Electric, Individual
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: APS
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free-Standing Range, Refrigerator, Disposal
  • Total Bedrooms: 4

Exterior Features

  • Exterior Features: Sidewalk(s)
  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Exterior Amenities: Sidewalk(s), Partially Fenced, Patio/Balcony, Separate Storage

Garage/Parking

  • Parking Features: Paved, >1 Space Per Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Paved, >1 Space Per Unit

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric, Varies by Unit
  • Heating: Electric, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: See Remarks

Fee Information

  • Trash Expense: 1200.0
  • Annual Water Sewer Expense: 1200.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 5200 SF
  • Additional Parcels: No
  • Parcel #: 117-04-035

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Electric Expense: 200.0
  • Annual Gross Income: 31046.32
  • Insurance Expense: 1000.0
  • Maintenance Expense: 1500.0
  • Property Net Operating Income: 21505.0
  • Annual Operating Expense: 9161.08
  • Vacancy Allowance Rate: 0.06

Tax Info

  • Tax Annual Amount: 831.08
  • Tax Book Number: 117.0
  • Tax Lot: 31

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
08/21/2026 08/21/26 For Sale $450,000 0.0% --
03/10/2026 03/10/26 Off Market $1,295 -- --
03/04/2026 03/04/26 For Rent $1,295 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7069799

Arizona Regional Multiple Listing Service (ARMLS)
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