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1301 E Durango Street, Phoenix, AZ 85034

$714,800
  • 1301 E Durango Street, Phoenix, AZ 85034 Main Photo

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Active
BEDS0 BATHS MLS#7042693
STATUSActive PROPERTY TYPEMulti Unit - Multiple SUBDIVISIONHILTON PLACE SCHOOLPhoenix Union High School District

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

1301 E Durango Street | MLS# 7042693

This multi-family property located at 1301 E Durango Street, Phoenix, AZ 85034 is currently listed for sale with an asking price of $714,800. E Durango Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.

Property Features

Property Type: Multi Unit - Multiple
Cooling: Central Air, Electric, Ceiling Fan(s)
Heating: Central
Roof Type: Composition
Taxes: $1,932
Year Built: 1936

Feature Descriptions

Community Features: No Pool
Days on Site: 20
Exterior: Block, Painted, Stucco
Flooring: Ceramic Tile
Parking: Open, Carport, >1 Space Per Unit
Water: City Franchise

Local Schools

High School: North High School
Middle School: Silvestre S Herrera School
Elementary School: Silvestre S Herrera School
School District: Phoenix Union High School District

Listed By / Shown By

Listed By

Agency Name: West USA Realty
Agency Phone: 602-942-4200

Shown By

Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711

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Estimated Payment

$ 1,960.32 per month $1,590.83 Principal & Interest $161.00 Property Tax $208.48 Homeowner's Insurance

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