MLS# 7042693 – 1301 E Durango Street, Phoenix, AZ 85034

Price: $714,800
Units: 2
Status: Active
Year Built: 1936
Neighborhood: Hilton Place
Days on Website: 82

Courtesy of West USA Realty

Property Description

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures. Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification. Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment. Whether you’re looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Free-Standing Range
  • Refrigerator
  • Microwave
  • Bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 7 total bedrooms
  • Building
  • Built in 1936
  • 2 buildings
  • Construction Materials: Painted, Stucco, Block
  • Community
  • No Pool
  • Cooling
  • Central Air
  • Ceiling Fan(s)
  • Electric
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Insurance: $1,300
  • Maintenance: $3,000
  • Operating: $6,232
  • Floors
  • Ceramic Tile
  • Vinyl
  • Concrete
  • Heating
  • Central
  • Income
  • Gross Income: $61,115.4
  • Gross ScheduledIncome: $64,332
  • Net Operating Income: $60,032
  • Listing
  • Listing ID: 7042693
  • Standard Status: Active
  • MLS Status: Active
  • 81 days on market
  • Location
  • Subdivision: HILTON PLACE
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 100×100
  • Owner Pays
  • None
  • Parking
  • 2 covered spaces
  • 6 open parking spaces
  • 8 total parking spaces
  • Free
  • Add’l Parking Avail
  • >1 Space Per Unit
  • Carport
  • Roof
  • Composition
  • Schools
  • Elementary School: Silvestre S Herrera School
  • Elementary School District: Phoenix Elementary District
  • Middle School: Silvestre S Herrera School
  • High School: North High School
  • High School District: Phoenix Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 115-37-041-A
  • Public Survey Range: 3E
  • Public Survey Section: 16
  • Annual Amount: $1,932
  • Tax Block: 1
  • Tax Book Number: 115.00
  • Legal Description: HILTON PL MCR 22-33 LOT 13 BLK 1 EX TH POR OF ALLEY LY S OF & AJD TO SD LOT ANNEX ORD #G-273 PER DOC
  • Lot: 13
  • Parcel Letter: A
  • Year: 2025
  • Zoning: R-2
  • Utilities
  • Water Source: City Franchise
  • Other (See Remarks)
  • City Electric

Property Map

$714,800 – 1301 E Durango Street, Phoenix, AZ 85034

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This content last updated on September 6, 2026 5:18AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.