Courtesy of RE/MAX Excalibur
Property Description
1 of 2 side-by-side duplexes built in 2025; 2-story; 2-car tandem garage; 3-bedrooms, 2.5 baths. currently rented at $2300 per unit; Fully occupied and stabilized. Excellent tenants. 6% Cap rate; generates $43,600 per year based on trailing 12 month expenses. Owner pays water. Surprisingly high-end finishes including plank tile, stainless appliances, 42” cabinets, dual pane windows, tiled shower surrounds. This is available by itself, or as part of a package of 8 duplexes built and owned by this seller, all occupied.. Excellent condition.
Open House
Property Details and Features
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Property Access
- Road Surface: Asphalt
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Appliances & Equipment
- Built-In Range
- Disposal
- Refrigerator
- Built-In Electric Oven
- Microwave
- W/D Hookup
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Bathrooms
- 50 total bathrooms
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Bedrooms
- 6 total bedrooms
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Building
- Built in 2025
- 1 building
- Construction Materials: Wood Frame, Stucco
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Community
- No Pool
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Cooling
- Central Air
- Ceiling Fan(s)
- Heat Pump
- Individual
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Disclosures
- None
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Expenses
- Insurance: $1,676
- Maintenance: $650
- Operating: $16,079
- Water/Sewer: $2,419
- Other Expense: $4,980
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Floors
- Tile
- Carpet
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Heating
- Electric
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Income
- Gross Income: $55,200
- Gross ScheduledIncome: $55,200
- Net Operating Income: $43,624
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Listing
- Listing ID: 7039540
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-06-10
- 87 days on market
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Location
- Subdivision: NORTH BROADWAY ESTATES
- County/Parish: Maricopa
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Lot
- Dimensions: 7353 SF
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Owner Pays
- Trash Collection
- Water
- Sewer
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Parking
- 2 covered spaces
- 2 open parking spaces
- 4 total parking spaces
- Attached Garage
- Add’l Parking Avail
- Garage Door Opener
- >1 Space Per Unit
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Roof
- Composition
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Schools
- Elementary School: Percy L Julian School
- Elementary School District: Roosevelt Elementary District
- Middle School: Percy L Julian School
- High School: South Mountain High School
- High School District: Phoenix Union High School District
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Sewer
- Public Sewer
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Taxes
- Additional parcels description:
- Parcel Number: 122-21-035
- Annual Amount: $2,490
- Tax Book Number: 122.00
- Lot: 75
- Year: 2026
- Zoning: R3
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Utilities
- Water Source: City Franchise
- SRP
- Individual Meter
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This content last updated on September 6, 2026 1:58AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.