Courtesy of HomeSmart
Property Description
Excellent investment opportunity in the heart of Phoenix! This well-maintained duplex offers immediate cash flow with two spacious units already occupied. Unit 1 features 3 bedrooms and 2 bathrooms and is currently rented for $2,000/month. Unit 2 offers an expansive 5-bedroom, 3-bathroom floor plan and is currently rented for $2,325/month, generating a combined monthly income of $4,400. Conveniently located near Downtown Phoenix, I-17, I-10, schools, parks, shopping, and dining, this property is ideal for investors looking to expand their portfolio or owner-occupants seeking supplemental rental income. Don’t miss this versatile, income-producing property with strong upside potential!
Open House
Property Details and Features
-
Property Access
- Road Surface: Asphalt
-
Bathrooms
- 4 total bathrooms
-
Bedrooms
- 7 total bedrooms
-
Building
- Built in 1990
- 1 building
- Construction Materials: Wood Frame, Painted
-
Community
- No Pool
-
Cooling
- Central Air
-
Disclosures
- Other (See Remarks)
-
Expenses
- Insurance: $1,500
- Maintenance: $500
- Operating: $9,996
- Other Expense: $6,500
-
Income
- Gross Income: $54,000
- Gross ScheduledIncome: $54,000
- Net Operating Income: $44,244
-
Listing
- Listing ID: 7052170
- Standard Status: Active
- MLS Status: Active
- 67 days on market
-
Location
- Subdivision: TIERRA VERDE
- County/Parish: Maricopa
-
Lot
- Dimensions: Irregular
-
Owner Pays
- Gas
- Electricity
- Trash Collection
- Water
- Sewer
-
Parking
- 2 open parking spaces
- 2 total parking spaces
- None
-
Roof
- Composition
-
Schools
- Elementary School: Jack L Kuban Elementary School
- Elementary School District: Murphy Elementary District
- Middle School: Jack L Kuban Elementary School
- High School: Carl Hayden High School
- High School District: Phoenix Union High School District
-
Sewer
- Public Sewer
-
Taxes
- Additional parcels description:
- Parcel Number: 109-58-074
- Public Survey Range: 2E
- Public Survey Section: 11
- Annual Amount: $1,496
- Tax Block: 4
- Tax Book Number: 109.00
- Legal Description: TIERRA VERDE
- Lot: 15
- Year: 2025
- Zoning: R-3
-
Utilities
- Water Source: City Franchise
- APS
Property Map
Street View
Market Trends for 85009, Phoenix, AZ
Nearby Schools
Request More Information
Schedule a Showing
Similar Properties Nearby
This content last updated on September 6, 2026 10:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.