Courtesy of RE/MAX Excalibur
Property Description
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2022-built duplex offers the opportunity to live in one unit while approximately $1,900/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42” espresso cabinetry, 2” wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.
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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
- 4 total bathrooms
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Bedrooms
- 6 total bedrooms
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Building
- Built in 2022
- 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: $1,152
- Operating: $15,522
- Water/Sewer: $2,066
- Other Expense: $5,012
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Floors
- Tile
- Carpet
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Heating
- Electric
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Income
- Gross Income: $45,600
- Gross ScheduledIncome: $45,600
- Net Operating Income: $32,628
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Listing
- Listing ID: 7055488
- Standard Status: Active Under Contract
- MLS Status: UCB (Under Contract-Backups)
- 51 days on market
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Location
- Subdivision: PROGRESS PLACE
- County/Parish: Maricopa
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Lot
- Dimensions: 8014 SF
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Owner Pays
- Trash Collection
- Water
- Sewer
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Parking
- 2 covered spaces
- 2 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: 122-32-053
- Annual Amount: $5,012
- Tax Book Number: 122.00
- Lot: 53
- Year: 2025
- 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 5:58PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.