$699,999

Estimated payment $3,975/month

Total Views 2,895
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceiling Fan
  • Heating Available
  • Phoenix Coding Academy Rated A
  • Carpet

About This Home

Here is your opportunity to purchase rentals for passive income or do the popular house hack and live in one and rent the other! Best of all this is brand new construction! This duplex has 3 bedrooms and 2 baths in both units. The property will be completely finished with window treatments, stainless steel appliances, full-sized washer & dryer, low maintenance landscaping, and much more. This is truly a turn key property, ready for you to move in tenants right away. This property is located in the downtown Phoenix area with easy access to offices, freeways, and all the entertainment and restaurants the downtown offers! Still under construction, with completion set for end of January 2025.

Listing Agent

Richard De Luca

FSR Realty License #BR662326000

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $821

Year Built

  • Built in 1948

Home Design

  • Wood Frame Construction
  • Built-Up Roof
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Carpet

Parking

  • 4 Parking Spaces
  • 4 Covered Spaces
  • Common or Shared Parking

Schools

  • Silvestre S Herrera Elementary And Middle School
  • North High School

Utilities

  • Cooling Available
  • Heating Available
  • Master Water Meter

Listing and Financial Details

  • Tax Lot 32
  • Assessor Parcel Number 115-43-079

Community Details

Overview

  • 2 Units
  • Building Dimensions are 127X51
  • Lincoln Park Subdivision

Building Details

  • Operating Expense $821
  • Gross Income $42,750
  • Net Operating Income $31,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$821

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Cross Street: E Buckeye Rd and S 11th St.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-3
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1948
  • Tax Year: 2024
  • Directions: AZ-51 S to Washington St. Take exit 148 from I-10 E Continue on Washington St. Take S 16th St and E Buckeye Rd to E Yuma
  • Road Surface Type: Asphalt, Concrete
  • Subdivision Name: LINCOLN PARK
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Other, Carpet
  • Appliances: F/S Oven/Range, Microwave, Washer/Dryer
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Painted, Stucco, Frame - Wood
  • Roof: Built-Up
  • Construction:Frame - Wood: Yes

Garage/Parking

  • Total Covered Spaces: 4.0
  • Parking Features: >1 Space Per Unit, Common
  • Attached Garage: No
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 4.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking:Carport: Yes
  • Parking:_greater_1 Space Per Unit: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: See Remarks, No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Community Amenities:No Pool: Yes
  • Interior Amenities:Unfurnished: Yes

Schools

  • Elementary School: Silvestre S Herrera School
  • High School: North High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School

Lot Info

  • Lot Size: 127X51
  • Additional Parcels: No
  • Parcel #: 115-43-079

Multi Family

  • Owner Pays: See Remarks, Water
  • Tenant Pays: See Remarks
  • Number Of Units Total: 2
  • Annual Gross Income: 42750.0
  • Property Net Operating Income: 31950.0
  • Annual Operating Expense: 821.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 821.0
  • Tax Book Number: 115.00
  • Tax Lot: 32

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $821 $6,137 -- --
2024 $721 $5,844 -- --
2023 $721 $17,650 $3,530 $14,120
2022 $693 $11,350 $2,270 $9,080
2021 $694 $9,630 $1,920 $7,710
2020 $704 $8,060 $1,610 $6,450
2019 $704 $6,360 $1,270 $5,090
2018 $351 $5,330 $1,060 $4,270
2017 $338 $5,300 $1,060 $4,240
2016 $329 $5,050 $1,010 $4,040
2015 $299 $3,920 $780 $3,140
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/23/2025 01/23/25 For Sale $699,999 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Deed History

Date Type Sale Price Title Company
Warranty Deed $115,000 Driggs Title Agency
Quit Claim Deed -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $523,250 New Conventional
Closed $55,000 New Conventional
Source: Public Records

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6803366

Arizona Regional Multiple Listing Service (ARMLS)

APN: 115-43-079