About The Property

Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long termRead MoreRead Less
Courtesy of Better Homes & Gardens Real Estate SJ Fowler 480-649-3536
Listing Snapshot
Days Online
32
Last Updated
Beds
2
Year Built
1928
MLS Number
7069355
M. Logan
Top 2% performing AZ broker
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Additional Details

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Property Access
Road Surface: Asphalt
Appliances & Equipment
Free-Standing Range, Disposal, Refrigerator, W/D Hookup
Building
Built in 1928, 1 building, Construction Materials: Wood Frame, Painted, Stucco, Block
Community
No Pool
Cooling
Ceiling Fan(s), Electric, Heat Pump, Varies by Unit, 2 or More Units
Disclosures
None
Expenses
Operating: $620
Exterior Features
Sidewalk(s)
Floors
Ceramic Tile, Wood
Heating
Central, Heat Pump, Zoned, Electric
Income
Gross Income: $24,504, Gross ScheduledIncome: $24,504, Net Operating Income: $20,952
Lot
Dimensions: 48.89x49.39x128.54x128.61
Owner Pays
Trash Collection, Water, Sewer
Parking
2 covered spaces, 4 open parking spaces, 6 total parking spaces, Free, Carport
Roof
Rolled/Hot Mop
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 111-26-138, Public Survey Range: 3E, Public Survey Section: 6, Annual Amount: $620, Tax Block: D, Tax Book Number: 111.00, Legal Description: LOT 21 D WEST LAWN ANNEX MCR 000463, Lot: 21 D, Year: 2025, Zoning: R5
Utilities
Water Source: City Franchise, SRP, Individual Meter
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