BEDS0
BATHS
MLS#7040008
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPROGRESS PLACE
SCHOOLPhoenix Union High School District
Property Description
2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2 wood blinds, 42 expresso cabinets. Lots of parking. Make money on Day 1.
Property Features
Property Type: Multi Unit - Multiple
Cooling: Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s
Heating: Electric
Roof Type: Composition
Taxes: $4,228
Year Built: 2025
Feature Descriptions
Community Features: No Pool
Days on Site: 1
Exterior: Wood Frame, Stucco
Parking: Carport, >1 Space Per Unit, Attached Carport
Water: City Franchise
Local Schools
High School: South Mountain High School
Middle School: Percy L Julian School
Elementary School: Percy L Julian School
School District: Phoenix Union High School District
Listed By / Shown By
Listed By
Agency Name: RE/MAX Excalibur
Agency Phone: 480-355-3500
Shown By
Agency Title: Arizona Best Real Estate
Agency Phone: 480-948-4711
Estimate Your Payment
Estimated Payment
$ 1,635.87 per month $1,134.82 Principal & Interest $352.33 Property Tax $148.72 Homeowner's Insurance
1845 E Illini Street | MLS# 7040008
This multi-family property located at 1845 E Illini Street, Phoenix, AZ 85040 is currently listed for sale with an asking price of $509,900. E Illini Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.