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Ryan Ney

My Home Group Real Estate

ryan@realscottsdalehomes.com +1(480) 566-9249

$756,847

Est. payment - /mo

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Hilton Place

MLS Listing ID 7042693

Maintenance Fees $3,000

Year Built 1936

Annual Tax Amount $1,932

Tax Year 2025

Lot Dimensions 100x100

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures.

Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification.

Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment.

Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.

Location

State AZ

County Maricopa

Community Hilton Place

Area Maricopa

Zoning R-2

Direction From I-10, take the 16th St exit and head north. Turn left (west) on Durango St. Property is located on the northwest corner of Durango St and 14th St.

Interior

Heating Central

Cooling Central Air, Ceiling Fan(s), Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Refrigerator, Microwave

Exterior

Parking Features Free, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction No

Schools

Elementary Schools Silvestre S Herrera School

Middle Schools Silvestre S Herrera School

High Schools North High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 115-37-041-A

Acceptable Financing Conventional, 1031 Exchange

Disclosures Seller Prop Disc Stm

Listing Terms Conventional, 1031 Exchange

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Listed by West USA Realty • Josiah Miller

NEARBY SCHOOL & BUSINESS

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Ryan Ney

+1(480) 566-9249

Realtor® ~ Team Leader | SASA548713000

Realtor® ~ Team Leader SASA548713000

Scottsdale Speciality Searches

1301 E DURANGO Street Phoenix, AZ 85034

Ryan Ney

Key Details

Location

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION