$489,900
PENDING

1728 E Wood St Phoenix, AZ 85040

South Mountain Neighborhood

Estimated payment $3,026/month

Total Views 857
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Breakfast Bar
  • Patio
  • Central Air
  • Phoenix Coding Academy Rated A
  • Attached Carport
  • Ceiling Fan

About This Home

2023 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1732 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

Listing Agent

Dean Selvey

RE/MAX Excalibur License #SA020464000 Listed on: 06/10/2026

RE/MAX Excalibur

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,284

Year Built

  • Built in 2025

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Drapes & Rods
  • Blinds
  • Breakfast Bar

Parking

  • 4 Parking Spaces
  • Attached Carport
  • Additional Parking

Outdoor Features

  • Patio

Schools

  • Percy L Julian Elementary And Middle School
  • South Mountain High School

Utilities

  • Central Air
  • Air Source Heat Pump
  • Separate Meters
  • Natural Gas Not Available
  • Cable TV Available

Listing and Financial Details

  • The owner pays for water, sewer, trash collection
  • Tax Lot 14
  • Assessor Parcel Number 122-19-044

Community Details

Overview

  • 2 Units
  • Building Dimensions are 7353 SF
  • Belmont Park Subdivision

Building Details

  • Operating Expense $14,470
  • Gross Income $44,400
  • Net Operating Income $34,218

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,284

Year Built

Built in 2025

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: BROADWAY AT 24 ST
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2025
  • Tax Year: 2026
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3108.0
  • Subdivision Name: BELMONT PARK
  • Const - Finish:Const - Finish: Stucco
  • Cooling:Cooling: Central Air, Heat Pump, Individual, Ceiling Fan(s)
  • Road Surface Type:Road Surface Type: Asphalt
  • Electric:Electric: Individual Meter, SRP
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Built-In Range, Refrigerator, Dishwasher, Disposal, Microwave, W/D Hookup, Built-In Electric Oven
  • Interior Features:Interior Features: Mini Blinds, Breakfast Bar, Drapes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition
  • Exterior Amenities: Cable TV Available, Patio/Balcony

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Carport, >1 Space Per Unit, Attached Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Carport, >1 Space Per Unit, Add'l Parking Avail, Attached Carport

Utilities

  • Electric: Individual Meter, SRP
  • Cooling: Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: None

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 580.0

Schools

  • Elementary School: Percy L Julian School
  • High School: South Mountain High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Percy L Julian School

Lot Info

  • Lot Size: 7353 SF
  • Additional Parcels: No
  • Parcel #: 122-19-044

Multi Family

  • Owner Pays: Water, Sewer, Trash Collection
  • Tenant Pays: Electricity, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 44400.0
  • Insurance Expense: 796.0
  • Maintenance Expense: 1418.0
  • Property Net Operating Income: 34218.0
  • Annual Operating Expense: 14470.0

Tax Info

  • Tax Annual Amount: 4284.0
  • Tax Book Number: 122.0
  • Tax Lot: 14

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
07/16/2026 07/16/26 Pending -- -- --
06/10/2026 06/10/26 For Sale $489,900 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7039986

Arizona Regional Multiple Listing Service (ARMLS)
Arizona Maricopa County Phoenix 85040 South Mountain

1728 E Wood St, Phoenix, AZ

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.

Arizona Regional Multiple Listing Service (ARMLS) 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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Dean Selvey
Listing Agent
Dean Selvey
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RE/MAX Excalibur
(602) 905-4863
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