$489,900

Estimated payment $3,010/month

-- 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 1728 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 122-19-046

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

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
  • Special Features: NewHome
  • Property Sub Type: MultiFamily

Interior Features

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

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Stucco
  • Roof: Composition

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

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

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 1854.0

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 #: 122-19-046

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: 200.0
  • Property Net Operating Income: 34182.0
  • Annual Operating Expense: 14526.0

Tax Info

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

Map

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
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 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
Source: Arizona Regional Multiple Listing Service (ARMLS)

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 -- --
Warranty Deed -- Magnus Title Agency
Special Warranty Deed -- None Listed On Document
Warranty Deed $80,000 Security Title Agency Inc
Warranty Deed $500,000 Magnus Title Agency
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
Open $300,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7039988

Arizona Regional Multiple Listing Service (ARMLS)

APN: 122-39-046

Your Personal Tour Guide

Ask me questions while you tour the home.