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Kasandra Chavez

kasandra@chavezdreamhometeam.com +1(928) 910-7401

$ 482,000

Est. payment | -/mo

Save

$ 482,000

Est. payment | -/mo

Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Highland Park Sub Plat 5

MLS Listing ID 7025341

Year Built 1957

Annual Tax Amount $892

Tax Year 2025

Lot Dimensions 68x123

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units currently generating $3,520 in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with new tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and new dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out with a brand-new roof, new HVAC systems, and freshly updated plumbing and electrical throughout--completed in 2019-2021. The combination of structural integrity and modern efficiency means minimal maintenance concerns for years to come. Each unit boasts private front and backyards--a rare find in the duplex market. The huge fenced back area with convenient gates offers ample space for RV or boat storage, entertaining, or simply enjoying Arizona's stunning sunsets. Separately metered electric and water (yes for water as well) for each unit mean transparent billing and simplified tenant management, while low-maintenance front landscaping keeps curb appeal high without the headache. Current leases expire 12/31/2026 and 11/30/2026, providing excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate--fully occupied, fully renovated, fully metered with an attractive cap rate and low vacancy risk. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Don't miss this rare opportunity to acquire a premium duplex investment with immediate cash flow, modern finishes, location advantages, and the flexibility to customize your ownership strategy. Buyer to verify all facts and figures.

Location

State AZ

County Maricopa

Community Highland Park Sub Plat 5

Area Maricopa

Zoning Residential

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Individual Meter

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 105-79-157

Acceptable Financing Conventional, 1031 Exchange, FHA

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA

Listed by Fathom Realty • Ari Verma

Nearby Locations

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Kasandra Chavez

+1(928) 910-7401

kasandra@chavezdreamhometeam.com

5206 S 11TH Avenue Phoenix, AZ 85041

Kasandra Chavez

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby Locations

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5206 S 11TH Avenue