$749,000

Estimated payment $4,171/month

Total Views 316
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Hopi Elementary School Rated A
  • Ceiling Fan
  • 4-minute walk to G R Herberger Park

About This Home

RARE Duplex in Arcadia neighborhood of single-family-only homes. Desirable split 2bd 2ba with open style kitchen and living space. Long time ownership with little to no vacancy over 30+ years. Exterior paint 2025, drought tolerant landscaping, paver patios with masonry walls built 2024.
Both sides currently leased at $1620 with Tenants paying all utilities.
Great value-add opportunity with endless options. Owner-occupy and rent the other side to supplement your mortgage, scrape and build a new duplex with by-right zoning, or keep as-is for a long term stable rental.
Centrally located in Phoenix, this Arcadia neighborhood property is in the Scottsdale School District and is highly sought after.
Walking distance to Arcadia's trendiest restaurant concepts!

Listing Agent

Andrew Salter

Salt REI License #BR686350000 Listed on: 07/28/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,081

Year Built

  • Built in 1965

Home Design

  • Composition Roof
  • Block Exterior

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 4 Parking Spaces
  • Carport
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking

Schools

  • Hopi Elementary School
  • Ingleside Middle School
  • Arcadia High School

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 171-26-067-A

Community Details

Overview

  • 2 Units
  • Building Dimensions are 77 FT L by 87 FT W
  • Orange & Lemon Grove Blk 39 Subdivision

Building Details

  • Operating Expense $4,969
  • Gross Income $38,491
  • Net Operating Income $22,440

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,081

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Cross Street: Monterosa Street and 41st Place
  • Legal Info Range: 4E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1965
  • Tax Year: 2024
  • Directions: From Indian School Road go North on N 42nd street and turn East on E Monterosa Street. The house will be the first house on the south side of the road.
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: ORANGE & LEMON GROVE BLK 39
  • Tax Parcel Letter: A
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator, Free-Standing Electric Oven, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm
  • Construction Type: Painted, Block
  • Roof: Composition
  • Construction:Block: Yes

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, >1 Space Per Unit, On Street, Carport
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features:Carport: Yes
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Paved2: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: SRP
  • Cooling: Ceiling Fan(s), Electric, Individual
  • Heating: Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: See Remarks

Association/Amenities

  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Exterior Amenities:Separate Storage: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Hopi Elementary School
  • High School: Arcadia High School
  • Junior High Dist: Scottsdale Unified District
  • Middle Or Junior School: Ingleside Middle School

Lot Info

  • Lot Size: 77 FT L by 87 FT W
  • Additional Parcels: No
  • Parcel #: 171-26-067-A

Multi Family

  • Owner Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 38491.2
  • Maintenance Expense: 3888.0
  • Property Net Operating Income: 22440.0
  • Annual Operating Expense: 4969.0
  • Vacancy Allowance Rate: 0.01

Tax Info

  • Tax Annual Amount: 1081.0
  • Tax Book Number: 171.00
  • Tax Lot: 12

Map

Range of Values:

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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 $1,088 $14,850 -- --
2024 $1,062 $14,143 -- --
2023 $1,062 $48,220 $9,640 $38,580
2022 $1,020 $36,700 $7,340 $29,360
2021 $1,064 $30,970 $6,190 $24,780
2020 $1,048 $27,220 $5,440 $21,780
2019 $1,010 $18,000 $3,600 $14,400
2018 $975 $16,040 $3,200 $12,840
2017 $931 $14,480 $2,890 $11,590
2016 $906 $14,460 $2,890 $11,570
2015 $832 $13,260 $2,650 $10,610
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/28/2025 07/28/25 For Sale $749,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Clear Title Agency Of Az
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Closed $267,000 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6904692

Arizona Regional Multiple Listing Service (ARMLS)

APN: 171-26-067A