1716 W Hadley St Phoenix, AZ 85007
Central City NeighborhoodEstimated payment $2,551/month
Highlights
- RV Access or Parking
- Brick Veneer
- Attached Carport
- Phoenix Coding Academy Rated A
- Cooling Available
- Ceiling Fan
About This Home
No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $522
Year Built
- Built in 1948
Home Design
- Brick Veneer
- Wood Frame Construction
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Parking
- 4 Parking Spaces
- Attached Carport
- Off-Street Parking
- RV Access or Parking
Utilities
- Cooling Available
- Heating Available
- Separate Meters
- Individual Gas Meter
- Master Water Meter
Listing and Financial Details
- Tax Lot 20
- Assessor Parcel Number 112-13-085
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 52.50' X 127'
- North Grier Place Subdivision
Building Details
- Operating Expense $522
- Gross Income $45,204
Map
Home Values in the Area
Average Home Value in this Area
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 | $522 | $3,673 | -- | -- |
| 2024 | $486 | $3,498 | -- | -- |
| 2023 | $486 | $18,650 | $3,730 | $14,920 |
| 2022 | $469 | $11,680 | $2,330 | $9,350 |
| 2021 | $466 | $13,030 | $2,600 | $10,430 |
| 2020 | $471 | $11,520 | $2,300 | $9,220 |
| 2019 | $470 | $8,620 | $1,720 | $6,900 |
| 2018 | $462 | $7,200 | $1,440 | $5,760 |
| 2017 | $451 | $5,330 | $1,060 | $4,270 |
| 2016 | $439 | $4,930 | $980 | $3,950 |
| 2015 | $406 | $3,770 | $750 | $3,020 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/08/2026 05/08/26 | For Sale | $470,000 | 0.0% | -- |
| 08/04/2023 08/04/23 | Rented | $1,760 | 0.0% | -- |
| 08/02/2023 08/02/23 | Under Contract | -- | -- | -- |
| 08/01/2023 08/01/23 | For Rent | $1,760 | -- | -- |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | -- | -- | |
| Warranty Deed | -- | Accommodation | |
| Warranty Deed | -- | Magnus Title Agency | |
| Warranty Deed | $225,000 | Magnus Title Agency | |
| Special Warranty Deed | $110,000 | Lawyers Title Of Arizona Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Nations Title Agency Of Az | |
| Warranty Deed | -- | Fidelity National Title | |
| Interfamily Deed Transfer | -- | -- |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $292,500 | New Conventional | |
| Previous Owner | $217,000 | Construction | |
| Previous Owner | $104,000 | New Conventional | |
| Previous Owner | $53,000 | Purchase Money Mortgage |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7025380
APN: 112-13-085
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Ask me questions while you tour the home.