$450,000
$405K PRICE INCREASE

Estimated payment $2,460/month

Total Views 665
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heating System Uses Natural Gas
  • Phoenix Coding Academy Rated A

About This Home

Amazing duplex, perfectly suited for investors seeking a turnkey property in a prime location. This fully updated duplex is recently renovated and fully occupied with tenants, providing immediate rental income from day one. Unit A offers 2 bedrooms and 1 bathroom, while Unit B features 1 bedroom and 1 bathroom. Both units were updated in matching modern finishes, including new flooring throughout, updated kitchen cabinetry, stainless steel appliance packages, quartz countertops, refreshed vanities, and new interior paint. The property includes separate electrical panels and one shared water meter. Located just minutes from Downtown Phoenix, this property provides immediate access to dining, entertainment, hospitals, and major freeways.Don't miss this exceptional investment opportunity!

Listing Agent

Maria Guerrero

Realty ONE Group License #SA690835000 Listed on: 12/02/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,182

Year Built

  • Built in 1958

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile
  • Vinyl

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • Carport

Utilities

  • Cooling Available
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 04
  • Assessor Parcel Number 116-04-104-B

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Building Dimensions are 54ft X 96ft

Building Details

  • Operating Expense $3,810
  • Gross Income $35,400
  • Net Operating Income $34,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,182

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 24th st & Roosevelt
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 2
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2023
  • Tax Parcel Letter: B
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile, Vinyl
  • Appliances: Built-In Range, Refrigerator, Microwave
  • Appliances Included:Microwave2: Yes
  • Appliances Included:BI OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Wood Frame, Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 1.0
  • Parking Features: Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 3.0
  • General Property Description:Covered Parking Spcs: 1.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 3.0
  • Parking Features:Carport: Yes

Utilities

  • Electric: APS, SRP
  • Cooling: Electric
  • Heating: Natural Gas
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Other

Fee Information

  • Trash Expense: 828.0
  • Annual Water Sewer Expense: 1800.0

Schools

  • Junior High Dist: Phoenix Union High School District

Lot Info

  • Lot Size: 54ft X 96ft
  • Additional Parcels: No
  • Parcel #: 116-04-104-B

Multi Family

  • Owner Pays: Water
  • Number Of Units Total: 2
  • Annual Gross Income: 35400.0
  • Property Net Operating Income: 34100.0
  • Annual Operating Expense: 3810.0

Tax Info

  • Tax Annual Amount: 1182.0
  • Tax Book Number: 116.00
  • Tax Lot: 04

Map

Range of Values:

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Value Increase
--
Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $1,182 $8,751 -- --
2024 $1,125 $8,335 -- --
2023 $1,125 $21,570 $4,310 $17,260
2022 $1,080 $13,810 $2,760 $11,050
2021 $1,107 $12,970 $2,590 $10,380
2020 $1,080 $10,850 $2,170 $8,680
2019 $1,072 $9,070 $1,810 $7,260
2018 $370 $6,410 $1,280 $5,130
2017 $356 $4,450 $890 $3,560
2016 $342 $3,900 $780 $3,120
2015 $318 $3,020 $600 $2,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 Price Changed $450,000 +900.0% --
12/02/2025 12/02/25 For Sale $45,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed -- None Listed On Document
Warranty Deed -- None Listed On Document
Warranty Deed $425,000 Pioneer Title Services
Warranty Deed $425,000 Pioneer Title Services
Warranty Deed $265,000 New Title Company Name
Interfamily Deed Transfer -- None Available
Joint Tenancy Deed $45,000 --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $298,000 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6953500

Arizona Regional Multiple Listing Service (ARMLS)

APN: 116-04-104B