$389,900
UNDER CONTRACT $10K PRICE DROP

Estimated payment $2,197/month

Total Views 1,352
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

Excellent investment opportunity for an investor or owner occupant/house hacker! Well maintained block duplex featuring two 2 bed/1 bath units with instant cash flow from reliable long-term tenants. Current leases are both month-to-month, offering flexibility for a new owner, while both tenants want to stay and are willing to sign longer term leases. Great value-add opportunity with Unit 1 fully remodeled in 2023 and Unit 2 offering upside through future renovation. Major updates include roof (2018), upgraded dual-pane windows (2023), underground plumbing/main sewer line replaced (2025), updated landscaping (2025), and Unit 1 interior remodel (2023). Both units have central HVAC & washer dryer hookups. Minutes from Downtown Phoenix, Sky Harbor, Biltmore, Arcadia Lite, and major freeways.

Listing Agent

Jared Piper

My Home Group Real Estate License #SA644292000 Listed on: 07/04/2026

My Home Group Real Estate

Co-Listing Agent

John Menken

My Home Group Real Estate License #SA713188000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $688

Year Built

  • Built in 1957

Home Design

  • Composition Roof
  • Block Exterior

Flooring

  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Parking Available
  • Free Parking
  • 4 Open Parking Spaces

Schools

  • Excelencia Elementary School
  • Creighton Virtual Academy Middle School
  • Camelback High School

Utilities

  • Central Heating and Cooling System
  • Heat Pump System

Listing and Financial Details

  • The owner pays for water, sewer, gas, trash collection, landscaping
  • Legal Lot and Block 16 / 2
  • Assessor Parcel Number 121-77-099
  • $3 Seller Concession

Community Details

Overview

  • 2 Units
  • Building Dimensions are 6,501
  • Del Rey Homesites Subdivision

Building Details

  • Operating Expense $688

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$688

Year Built

Built in 1957

Lot Details

0 Sq Ft Lot

Listing Details

  • Cross Street: 28th st & McDowell
  • Property Type: Multiple Dwellings
  • Zoning: R3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1957
  • Tax Year: 2025
  • Road Surface Type: Asphalt
  • Co List Office Mls Id: myhg02
  • Co List Office Phone: 480-685-2760
  • Subdivision Name: DEL REY HOMESITES
  • Const - Finish:Const - Finish: Painted
  • Cooling:Cooling: Central Air, Electric
  • Road Surface Type:Road Surface Type: Asphalt
  • Pnd or UCB CCBS: Seller Concession to Buyer: 3.0
  • Electric:Electric: APS
  • Special:Special: Owner/Agent
  • Sale Includes:Sale Includes: Land & Building
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Microwave, Other, Free-Standing Gas Oven

Exterior Features

  • Disclosures: None
  • Construction Type: Block, Painted
  • Roof: Composition

Garage/Parking

  • Parking Features: Open, 1 Space/Unit
  • Attached Garage: No
  • Open Parking Spaces: 4.0
  • Total Parking Spaces: 4.0
  • Parking Features:Parking Features: Free, 1 Space/Unit

Utilities

  • Electric: APS
  • Cooling: Central Air, Electric
  • Heating: Electric, Heat Pump, Central
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Gas:Gas: SW Gas

Condo/Co-op/Association

  • Community Features: No Pool

Schools

  • Elementary School: Excelencia School
  • High School: Camelback High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Creighton Virtual Academy

Lot Info

  • Lot Size: 6,501
  • Additional Parcels: No
  • Parcel #: 121-77-099

Multi Family

  • Owner Pays: Water, Sewer, Gas, Trash Collection, Landscaping
  • Tenant Pays: Electricity
  • Number Of Units Total: 2
  • Annual Operating Expense: 688.0

Tax Info

  • Tax Annual Amount: 688.0
  • Tax Block: 2
  • Tax Book Number: 121.0
  • Tax Lot: 16

Map

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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 $688 $5,097
2024 $655 $4,854
2023 $655 $23,670 $4,730 $18,940
2022 $629 $17,400 $3,480 $13,920
2021 $645 $14,410 $2,880 $11,530
2020 $629 $12,000 $2,400 $9,600
2019 $624 $9,610 $1,920 $7,690
2018 $612 $7,780 $1,550 $6,230
2017 $588 $7,850 $1,570 $6,280
2016 $565 $6,130 $1,220 $4,910
2015 $526 $4,950 $990 $3,960
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
07/23/2026 07/23/26 Price Changed $389,900 -2.5% --
07/04/2026 07/04/26 For Sale $399,900 +471.3% --
05/20/2015 05/20/15 Sold $70,000 -29.3% $50 / Sq Ft View Prior Sale
05/06/2015 05/06/15 Pending -- -- --
02/12/2015 02/12/15 For Sale $99,000 0.0% $71 / Sq Ft
07/27/2013 07/27/13 Rented $405 0.0% --
07/25/2013 07/25/13 Under Contract -- -- --
06/21/2013 06/21/13 For Rent $405 0.0% --
04/05/2013 04/05/13 Rented $405 0.0% --
03/29/2013 03/29/13 Under Contract -- -- --
03/20/2013 03/20/13 For Rent $405 0.0% --
03/01/2013 03/01/13 Rented $405 -9.0% --
02/28/2013 02/28/13 Under Contract -- -- --
01/17/2013 01/17/13 For Rent $445 -- --
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
Interfamily Deed Transfer -- Accommodation
Interfamily Deed Transfer -- Great Amer Title Agency Inc
Cash Sale Deed $64,000 First American Title Ins Co
Special Warranty Deed -- None Available
Special Warranty Deed -- None Available
Trustee Deed $37,800 None Available
Warranty Deed $104,000 Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer -- Fidelity National Title
Interfamily Deed Transfer $90,000 Fidelity National Title
Interfamily Deed Transfer -- --
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 $67,500 New Conventional
Previous Owner $150,000 Unknown
Previous Owner $93,600 Purchase Money Mortgage
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 7050052

Arizona Regional Multiple Listing Service (ARMLS)

APN: 121-77-099

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