A
Seller's Agent in 2026
Ari Verma
Fathom Realty
(520) 979-4301
2 in this area
14 Total Sales
1716 W Hadley St Phoenix, AZ 85007
Central City Neighborhood
--
Bed
--
Bath
592
Sq Ft
1948
Built
Highlights
- RV Access or Parking
- Brick Veneer
- Attached Carport
- Phoenix Coding Academy Rated A
- Cooling Available
- Ceiling Fan
About This Home
As of June 2026No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $522
Year Built
- Built in 1948
Home Design
- Brick Veneer
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 4 Parking Spaces
- Attached Carport
- Off-Street Parking
- RV Access or Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Individual Gas Meter
- Master Water Meter
Listing and Financial Details
- Tenant pays for water, sewer, electricity, gas, trash collection
- Tax Lot 20
- Assessor Parcel Number 112-13-085
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 52.50' X 127'
- North Grier Place Subdivision
Building Details
- Operating Expense $522
- Gross Income $45,204
Ownership 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
Name
Owned For
Owner Type
Purchase Details
Listed on
May 8, 2026
Closed on
Jun 17, 2026
Sold by
Bought by
Seller's Agent
Ari Verma
Fathom Realty
Buyer's Agent
Jonathan Leaman
Apex Residential
List Price
$470,000
Sold Price
$389,000
Premium/Discount to List
-$81,000
-17.23%
Views
14
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-95.58%
Original Mortgage
$291,750
Interest Rate
0.0636%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 19, 2022
Sold by
Bought by
Purchase Details
Closed on
Nov 22, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 4, 2021
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
0.028%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 8, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Closed on
Dec 7, 2020
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$217,000
Interest Rate
0.028%
Mortgage Type
Construction
Purchase Details
Closed on
Sep 23, 2017
Sold by
Bought by
Purchase Details
Closed on
Jul 23, 2009
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,451
Interest Rate
0.0483%
Purchase Details
Closed on
May 25, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
0.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 20, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
0.0592%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 15, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 | $389,000 | Wfg National Title Insurance C | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Magnus Title Agency | |
| Warranty Deed | $225,000 | Magnus Title | |
| Warranty Deed | -- | Magnus Title | |
| Special Warranty Deed | $110,000 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Nations Title Agency Of Az | |
| Warranty Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
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 |
|---|---|---|---|
| Closed | $291,750 | New Conventional | |
| Closed | $292,500 | New Conventional | |
| Closed | $217,000 | Construction | |
| Closed | $105,451 | No Value Available | |
| Closed | $104,000 | New Conventional | |
| Closed | $53,000 | Purchase Money Mortgage |
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 |
|---|---|---|---|---|
| 06/25/2026 06/25/26 | Sold | $389,000 | -17.2% | $657 / Sq Ft |
| 05/08/2026 05/08/26 | For Sale | $470,000 | 0.0% | $794 / Sq Ft |
| 08/04/2023 08/04/23 | Rented | $1,760 | 0.0% | -- |
| 08/02/2023 08/02/23 | Under Contract | -- | -- | -- |
| 08/01/2023 08/01/23 | For Rent | $1,760 | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
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 | $522 | $3,673 | -- | -- |
| 2024 | $486 | $3,498 | -- | -- |
| 2023 | $486 | $18,650 | $3,730 | $14,920 |
| 2022 | $469 | $11,680 | $2,330 | $9,350 |
| 2021 | $466 | $13,030 | $2,600 | $10,430 |
| 2020 | $471 | $11,520 | $2,300 | $9,220 |
| 2019 | $470 | $8,620 | $1,720 | $6,900 |
| 2018 | $462 | $7,200 | $1,440 | $5,760 |
| 2017 | $451 | $5,330 | $1,060 | $4,270 |
| 2016 | $439 | $4,930 | $980 | $3,950 |
| 2015 | $406 | $3,770 | $750 | $3,020 |
Source: Public Records
Agents Affiliated with this Home
-
Ari Verma
-
Jonathan Leaman
Buyer's Agent in 2026
Jonathan Leaman
Apex Residential
(602) 750-4285
4 in this area
132 Total Sales
-
Hayley Jamison
Buyer Co-Listing Agent in 2026
Hayley Jamison
Apex Residential
(480) 280-1087
1 in this area
110 Total Sales
-
Tina Larsen
Seller's Agent in 2023
Tina Larsen
Candid Realty
(602) 399-0491
5 in this area
25 Total Sales
-
N
Buyer's Agent in 2023
Non-MLS Agent
Non-MLS Office
Map
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7025380
APN: 112-13-085
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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