Courtesy of RE/MAX Excalibur
Property Description
Down Payment Assistance programs are available for this duplex, with qualifying. Live in one side and use the other to offset your monthly payment! Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is fully leased with reliable, on-time tenants who pay their own electric. Landlord pays water and sewer. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Each unit features wood-look tile flooring, Samsung stainless appliances, 42” espresso cabinetry, 2” wood blinds, and modern finishes throughout.
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
- Dishwasher
- Refrigerator
- Built-In Electric Oven
- Microwave
- W/D Hookup
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Bathrooms
- 3 total bathrooms
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Bedrooms
- 5 total bedrooms
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Building
- Built in 2023
- 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: $796
- Maintenance: $200
- Operating: $14,526
- Water/Sewer: $1,854
- Other Expense: $4,284
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Floors
- Tile
- Carpet
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Heating
- Electric
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Income
- Gross Income: $44,400
- Gross ScheduledIncome: $44,400
- Net Operating Income: $34,182
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Listing
- Listing ID: 7039988
- Standard Status: Active
- MLS Status: Active
- On market as of 2026-06-10
- 88 days on market
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Location
- Subdivision: BELMONT PARK
- 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 Carport
- Add’l Parking Avail
- >1 Space Per Unit
- Carport
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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: 122-19-046
- Annual Amount: $4,284
- Tax Book Number: 122.00
- Lot: 14
- 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 3:08PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.