$450,000
Phoenix, AZ 85006
MLS# 6953500
1 / 26
Property Description
Amazing duplex, perfectly suited for investors seeking a turnkey property in a prime location. This fully updated duplex is recently renovated and fully occupied with tenants, providing immediate rental income from day one. Unit A offers 2 bedrooms and 1 bathroom, while Unit B features 1 bedroom and 1 bathroom. Both units were updated in matching modern finishes, including new flooring throughout, updated kitchen cabinetry, stainless steel appliance packages, quartz countertops, refreshed vanities, and new interior paint. The property includes separate electrical panels and one shared water meter. Located just minutes from Downtown Phoenix, this property provides immediate access to dining, entertainment, hospitals, and major freeways. TENANTS IN PLACE 48 HOUR NOTICE
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2025-12-02
Location, Tax & Legal
Assessor's Map #: 4
Assessor's Parcel #: 104
Assessor Parcel Ltr: B
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 1182
Legal: S 129F OF W 54F OF E 587F OF W 990F OF S2 S2 SE4 NE4 SEC 3 EX S 33F TH/OF
Marketing Name: Maricopa
House Number: 2236
Compass: E
Street Name: Roosevelt
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
County Code: Maricopa
Assessor Number: 116-04-104-B
Tax Year: 2023
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 54ft X 96ft
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1958
Zoning: R-3
Legal Info
Range: 3E
Section: 3
Township: 1N
Lot Number: 04
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Vinyl: 1
Ceramic Tile: 1
Sale Includes
Building(s) Only: 1
Income & Expenses
Annual Elec Exp: 0
Annual Trash Exp: 828
Annual Wtr/Swr Exp: 1800
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 3810
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 35400
Pmt & Rate Info
Cap Rate: 7.58
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
Other: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Unknown: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Electric
APS: 1
SRP: 1
Gas
City Gas: 1
Owner Pays
Water: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1350
Avg SqFt: 530
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1500
Avg SqFt: 768
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 24th st & Roosevelt
Geo Lat: 33.458829
Geo Lon: -112.033197
Income Expenses
Gross Annual Sch Inc: 35400
Net Operating Income: 34100
Property Features
Project Type: Duplex
Construction: Block; Wood Frame
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl; Ceramic Tile
Sale Includes: Building(s) Only
Community Features: Other
Interior Features: Unfurnished
Appliances Included: Built-In Range; Refrigerator; Microwave
Heating: Natural Gas
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; SRP
Gas: City Gas
Parking Features: Carport
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Electricity; Gas; Cable TV; Landscaping
Source of Fincl Data: Unknown
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Listing Office: Realty ONE Group
Last Updated: December - 18 - 2025
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