Courtesy of Compass
Property Description
Turnkey income today with exceptional upside for tomorrow. This unique multifamily opportunity features 2 detached single-family homes, each leased at $2,800/mo. and designed with modern finishes that drive strong tenant demand. Tenants pay water, sewer, and electric, keeping operating expenses low while maximizing cash flow. Each residence offers 3 bed, 2.5 bath, attached 2-car garage, open living spaces, quartz countertops, stainless steel appliances, and contemporary design. Future appreciation and income potential are enhanced by the opportunity to add an ADU to each home (buyer to verify). Prime location near the Biltmore Corridor, SR-51, major employers, shopping, and dining. A rare combination of stable income, low expenses, and long-term value-add potential. Drive by only.
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Property Details and Features
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Property Access
- Road Surface: Concrete
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Appliances & Equipment
- Built-In Range
- Disposal
- Dishwasher
- Refrigerator
- 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 2018
- 2 buildings
- Construction Materials: Wood Frame, Painted, Stucco
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Community
- No Pool
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Cooling
- Ceiling Fan(s)
- Electric
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Disclosures
- None
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Expenses
- Operating: $4,843
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Floors
- Ceramic Tile
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Heating
- Electric
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Income
- Gross Income: $63,840
- Gross ScheduledIncome: $67,200
- Net Operating Income: $67,200
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Listing
- Listing ID: 7039794
- Standard Status: Active
- MLS Status: Active
- 88 days on market
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Location
- Subdivision: AVALON BLKS 1-4
- County/Parish: Maricopa
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Lot
- Dimensions: 9644
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Owner Pays
- Trash Collection
- Landscaping
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Parking
- 4 covered spaces
- 4 open parking spaces
- 8 total parking spaces
- Attached Garage
- Paved
- Add’l Parking Avail
- On Street
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Roof
- Composition
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Schools
- Elementary School: William T Machan Elementary School
- Elementary School District: Creighton Elementary District
- Middle School: Biltmore Preparatory Academy
- High School: Camelback 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: 117-08-031-A
- Public Survey Range: 3E
- Public Survey Section: 34
- Annual Amount: $4,843
- Tax Block: 2
- Tax Book Number: 117.00
- Legal Description: LOT 20 BLOCK 2 AVALON BLKS 1-4 MCR 001624
- Lot: 20
- Parcel Letter: A
- Year: 2025
- Zoning: R-3
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Utilities
- Water Source: City Franchise
- APS
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This content last updated on September 5, 2026 12:41PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.