1732 E Wood St Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $3,026/month
Highlights
- Breakfast Bar
- Attached Carport
- Ceiling Fan
- Patio
- Central Air
About This Home
Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this low-maintenance
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 122-19-046
Community Details
Overview
- 2 Units
- Building Dimensions are 7353 SF
- Belmont Park Subdivision
Building Details
- Operating Expense $14,526
- Gross Income $44,400
- Net Operating Income $34,182
Map
Home Values in the Area
Average Home Value in this Area
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 | $4,263 | $2,026 | $2,026 | |
| 2024 | $289 | $1,930 | $1,930 | |
| 2023 | $289 | $7,320 | $7,320 | $0 |
| 2022 | $283 | $5,325 | $5,325 | $0 |
| 2021 | $289 | $5,325 | $5,325 | $0 |
| 2020 | $286 | $3,720 | $3,720 | $0 |
| 2019 | $0 | $3,165 | $3,165 | $0 |
| 2018 | $0 | $1,440 | $1,440 | $0 |
| 2017 | $0 | $1,515 | $1,515 | $0 |
| 2016 | $0 | $1,365 | $1,365 | $0 |
| 2015 | -- | $1,456 | $1,456 | $0 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 06/10/2026 06/10/26 | For Sale | $489,900 | -24.5% | -- | |
| 06/28/2024 06/28/24 | Sold | $649,090 | 0.0% | $406 / Sq Ft | View Prior Sale |
| 05/03/2024 05/03/24 | Pending | -- | -- | -- | |
| 04/22/2024 04/22/24 | Price Changed | $649,080 | -1.5% | $406 / Sq Ft | |
| 02/17/2024 02/17/24 | For Sale | $659,080 | -- | $412 / Sq Ft |
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 | -- | Magnus Title Agency | |
| Warranty Deed | -- | -- | |
| Special Warranty Deed | -- | None Listed On Document | |
| Warranty Deed | $80,000 | Security Title Agency Inc | |
| Warranty Deed | $500,000 | Magnus Title Agency |
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 | $300,000 | New Conventional | |
| Previous Owner | $280,000 | Commercial | |
| Previous Owner | $175,000 | Commercial | |
| Previous Owner | $60,000 | Credit Line Revolving |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7039988
APN: 122-39-046
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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