1946 E Jones Ave Phoenix, AZ 85040
South Mountain NeighborhoodEstimated payment $2,072/month
Highlights
- Ceramic Tile Flooring
- Central Air
- Heating Available
- Phoenix Coding Academy Rated A
About This Home
Incredible investment opportunity with built-in income potential! This duplex features two identical 3-bedroom, 1-bath units--perfect for investors or owner-occupants looking to live in one and rent the other. Each unit offers a bright, open kitchen and living area, fresh interior paint, and its own fully fenced lot for added privacy and outdoor space. With NO HOA and strong rental appeal, this property delivers flexibility, value, and long-term potential. Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this duplex is a must-see!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,005
Year Built
- Built in 1998
Home Design
- Composition Roof
- Block Exterior
- Stucco
Flooring
- Ceramic Tile Flooring
Schools
- Irene Lopez Elementary And Middle School
- South Mountain High School
Utilities
- Central Air
- Heating Available
- Natural Gas Not Available
Listing and Financial Details
- Tax Lot 101
- Assessor Parcel Number 122-32-101
Community Details
Overview
- 2 Units
- Building Dimensions are 70x109
- Progress Place Subdivision
Building Details
- Operating Expense $1,005
- Gross Income $30,360
- Net Operating Income $25,198
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $1,005 | $6,666 | -- | -- |
| 2024 | $951 | $6,349 | -- | -- |
| 2023 | $951 | $30,210 | $6,040 | $24,170 |
| 2022 | $932 | $19,000 | $3,800 | $15,200 |
| 2021 | $951 | $15,620 | $3,120 | $12,500 |
| 2020 | $939 | $14,000 | $2,800 | $11,200 |
| 2019 | $909 | $12,600 | $2,520 | $10,080 |
| 2018 | $885 | $10,380 | $2,070 | $8,310 |
| 2017 | $843 | $8,600 | $1,720 | $6,880 |
| 2016 | $802 | $7,520 | $1,500 | $6,020 |
| 2015 | $755 | $5,860 | $1,170 | $4,690 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/22/2026 04/22/26 | For Sale | $375,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | None Available | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7017827
APN: 122-32-101
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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Ask me questions while you tour the home.