Renovated, fully occupied duplex in a convenient Central Phoenix location offering immediate rental income and exciting future development potential! This property features two separate 1-bedroom, 1-bathroom units, each with a full kitchen, stainless steel appliances, wood-look vinyl plank flooring, private fenced backyard, washer/dryer hookups, and storage. Both units are separately… Read More metered, with existing leases extending into mid-2027.
Situated on a 7,526 sq. ft. parcel zoned R-4 multifamily, the property includes additional unused land behind the existing duplex, creating an opportunity for investors and developers to explore expansion or redevelopment.
Potential concepts include adding two additional 1-bedroom, 1-bathroom units, building a larger 2-bedroom, 2-bathroom unit with a private yard, or redeveloping the property into a modern multifamily investment property. Buyers may also explore single-family redevelopment possibilities.
Ideally located near SR-51, I-10, Downtown Phoenix, and the Biltmore area, with convenient access to shopping, dining, and entertainment.
Enjoy rental income today while exploring the possibilities for tomorrow! Read Less
Courtesy of Compass 480-776-1555
Listing Snapshot
Days Online
1
Last Updated
Beds
4
Year Built
1957
MLS Number
7103367
Additional Details
Property Access
Road Surface: Concrete
Appliances & Equipment
Free-Standing Range, Dishwasher, W/D Hookup
Building
Built in 1957, 1 building, Construction Materials: Painted, Block
Community
No Pool
Cooling
Electric
Disclosures
Seller Prop Disc Stm
Expenses
Operating: $778
Floors
Vinyl
Heating
Natural Gas
Lot
Dimensions: 7,526
Owner Pays
Water
Parking
4 open parking spaces, 4 total parking spaces, Paved, On Street
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 120-26-032-B, Public Survey Range: 3E, Public Survey Section: 35, Annual Amount: $778, Tax Book Number: 120.00, Legal Description: LOT 20 SANDIGE SQUARE MCR 003610, Lot: 20, Parcel Letter: B, Year: 2025, Zoning: R-4
Utilities
Water Source: City Franchise, APS, SRP
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