1905 E ILLINI Street

Phoenix, AZ 85040
$499,900
Outstanding investment opportunity! Built in 2024 and located in a designated Opportunity Zone, this fully leased duplex offers immediate cash flow with approximately $34,000 in annual income and an attractive 7% CAP rate. Quality workforce housing with dependable tenants who pay on time and cover their own electric; landlord paysRead MoreRead Less
Courtesy of RE/MAX Excalibur, Dean Selvey, 480-355-3500.
Listing Snapshot
Days Online
50
Last Updated
Property Type
Multiple Dwellings
Year Built
2025
MLS Number
7040009
30 Days Snapshot Of 85040
$398k
+8%
(avg) sold price
5
-61%
homes sold
52
-23%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Building
Built in 2025, Construction materials: Wood Frame, Stucco, 2 total units
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Expenses
Insurance: $840, Water sewer: $1,101
Floors
Tile, Carpet
Heating
Electric
Parking
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport, 4 total parkings
Property
Zoning: R3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $4,228, Lot: 14
Utilities
SRP, Individual Meter
Find The Perfect Home

'VIP' Listing Search

Whenever a listing hits the market that matches your criteria you will be immediately notified.

Join The List
Mortgage Calculator
Monthly Payment
$0
Sean Bell
Broker
Agent profile image

Schools In The Area

Check out nearby schools with ratings and contact info.

Similar Listings

View More Listings

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Listings last updated on ,