$899,990
Phoenix, AZ 85020
MLS# 6969696
1 / 29
Property Description
Turnkey, fully upgraded duplex in a highly desirable Central Phoenix location. This well-maintained property features two spacious 3-bedroom, 2-bath units with functional layouts, private outdoor spaces, and in-unit laundry hookups. Each unit includes an upgraded kitchen with stove, refrigerator, microwave, and dishwasher, as well as a private fenced backyard and spacious balcony, perfect for enjoying Arizona living. Unit A is available so buyers can experience the quality and functionality of the upgrades firsthand. Unit B is professionally managed with a month-month lease in place, with security deposits on file, offering immediate rental income and peace of mind for investors.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $899,990
List Price: $899,990
Status: Active
List Date: 2026-01-16
Location, Tax & Legal
Assessor's Map #: 37
Legal Description (Abbrev): HAMILTON PLACE LOT 4 EX W 7'
Assessor's Parcel #: 23
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104701
Taxes: 6288
Legal: HAMILTON PLACE LOT 4 EX W 7'
Marketing Name: UNKNOWN
House Number: 721
Compass: E
Street Name: CAROL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2362
County Code: Maricopa
Subdivision: HAMILTON PLACE LOTS 1-15
Assessor Number: 159-37-023
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 0.260 acres / 11,313 sqft
Flood Zone: No
Total # of Units: 2
Elementary School District: Washington Elementary School District
High School District: Glendale Union High School District
Elementary School: Washington Elementary School
Jr. High School: Desert Foothills Middle School
High School: Glendale High School
Year Built: 2022
Zoning: [R-4] Multiple
Legal Info
Range: 3E
Section: 28
Township: 3N
Lot Number: 4
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Concrete: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6288
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 44460
Pmt & Rate Info
Cap Rate: 4.18
Equity: 899990
Down Payment %: 20
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Electric Oven: 1
Microwave: 1
Refrigerator: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
>1 Space Per Unit: 1
Paved: 1
Garage Door Opener: 1
Attached Garage: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
Landscaping: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1941
Avg SqFt: 1858
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 7th St & Hatcher Rd
Directions: Northern Ave, Turn Right unto N. 7th Street, Turn Right unto Carol Ave
Geo Lat: 33.572044
Geo Lon: -112.064242
Income Expenses
Gross Annual Sch Inc: 46800
Net Operating Income: 37578
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Concrete
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup
Cooling: Ceiling Fan(s); Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Garage; >1 Space Per Unit; Garage Door Opener; Paved; Attached Garage
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Landscaping
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Other
New Financing: Cash; FHA; Conventional; 1031 Exchange
Environmental: None
Supplements
Located just minutes from North Mountain Park, Biltmore Fashion Park, hiking trails, shopping, dining, and major freeways, this property delivers both strong rental appeal and long-term value. Do not miss this rare, upgraded duplex opportunity in Central Phoenix.
Listing Office: HomeSmart
Last Updated: January - 16 - 2026
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