BEDS5
BATHS
MLS#7040009
STATUSActive
PROPERTY TYPEMulti Unit - Multiple
SUBDIVISIONPROGRESS PLACE
SCHOOLPhoenix Union High School District
Property Description
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42 espresso cabinetry, 2 wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.
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: 131
Exterior: Wood Frame, Stucco
Parking: Carport, >1 Space Per Unit, Attached Carport
Sewer: Public Sewer
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
$ 1,610.70 per month $1,112.56 Principal & Interest $352.33 Property Tax $145.80 Homeowner's Insurance
1905 E Illini Street | MLS# 7040009
This multi-family property located at 1905 E Illini Street, Phoenix, AZ 85040 is currently listed for sale with an asking price of $499,900. E Illini Street is located within the Phoenix Union High School District school district. Search Phoenix real estate on www.arizonabest.com today.