Investor/developer opportunity in the heart of Phoenix. This remodeled 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… Read More 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 Less
Courtesy of DeLex Realty, Jodi Wilcox, 602-910-3002.
Listing Snapshot
Days Online
43
Last Updated
Property Type
Single Family Residence
Beds
2
Full Baths
2
Square Ft.
1,456
Lot Size
0.22 Acres
Year Built
1930
MLS Number
7020596
30 Days Snapshot Of 85016
$888k
+6%
(avg) sold price
47
-21%
homes sold
94
+6%
(avg) days on market
Snapshot
Area Map
Additional Details
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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