About The Property

Investor/developer opportunity in the heart of Phx. This home is currently set up as a duplex. It features two 2/1 units, both currently leased, delivering immediate and stable cash flow. The property sits on a generously sized lot with favorable multifamily zoning, offering significant potential to build additional units or redevelop for higher density (buyer to verify). Positioned in a high-demand rental corridor near Arcadia Lite and Biltmore Fashion Park, the location supports strong tenant demand and long term appreciation. Easy access to major freeways, employment hubs, dining, and retail adds to the asset's appeal. Ideal for investors seeking a stabilized income property with clear value-add and development upside in one of Phoenix's fastest-growing submarkets.Read MoreRead Less
Courtesy of DeLex Realty 602-910-3002
Listing Snapshot
Days Online
116
Last Updated
Property Type
Single Family Residence
Beds
4
Full Baths
2
Square Ft.
1,456
Lot Size
0.22 Acres
Year Built
1930
MLS Number
7020596
M. Logan
Top 2% performing AZ broker
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Additional Details

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Building
Built in 1930, Living area: 1456, Construction materials: Other
Home Owner's Association
Association fee includes: No Fees
Lot
0.22 acres, 9,541 sqft, None
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $2,769, Lot: 4
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30 Days Snapshot Of 85016
$709k
-23%
(avg) sold price
21
-8%
homes sold
107
-20%
(avg) days on market
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Monthly Payment
$0

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