MLS# 6987999 – 740 W Cinnabar Avenue, Phoenix, AZ 85021

Price: $305,000
Units: 2
Status: Active
Year Built: 1954
Neighborhood: Ironwood Place
Days on Website: 198

Courtesy of Rosenbaum Realty Group

Property Description

Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Free-Standing Range
  • Refrigerator
  • Bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 4 total bedrooms
  • Building
  • Built in 1954
  • 1 building
  • Construction Materials: Wood Frame, Painted, Stucco
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Disclosures
  • None
  • Expenses
  • Operating: $872
  • Floors
  • Carpet
  • Ceramic Tile
  • Heating
  • Electric
  • Income
  • Gross Income: $18,624
  • Gross ScheduledIncome: $19,200
  • Net Operating Income: $13,440
  • Listing
  • Listing ID: 6987999
  • Standard Status: Active
  • MLS Status: Active
  • 197 days on market
  • Location
  • Subdivision: IRONWOOD PLACE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 74x143
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • Free
  • <1 Space Per Unit
  • Roof
  • Composition
  • Schools
  • Elementary School: Mountain View Elementary School
  • Elementary School District: Washington Elementary School District
  • Middle School: Royal Palm Middle School
  • High School: Sunnyslope High School
  • High School District: Glendale Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 158-29-034
  • Public Survey Range: 3E
  • Public Survey Section: 30
  • Annual Amount: $872
  • Tax Book Number: 158.00
  • Legal Description: IRONWOOD PL LOT 13 E 75' OF S 142'
  • Lot: 13
  • Year: 2025
  • Zoning: R-3
  • Utilities
  • Water Source: Master Meter, City Franchise
  • SRP

Property Map

$305,000 - 740 W Cinnabar Avenue, Phoenix, AZ 85021

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This content last updated on September 7, 2026 2:50AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.