$450,000
Phoenix, AZ 85008
MLS# 7023236
1 / 40
Property Description
Well-located duplex featuring two 2-bedroom, 1-bath units in one of the Valley's most accessible non-HOA corridors, just minutes from Arcadia, Old Town Scottsdale, Downtown Phoenix & Arizona State University. Each unit offers a functional great room layout, eat-in kitchen, and private living with separate entrances, individual indoor laundry & fully fenced backyards with artificial turf. Interiors include remodeled kitchens & baths, with updated cabinetry, countertops & appliances. Major system updates add long-term value, including a newer roof (approx. 2 years), replaced electrical panel & dual water heaters in 2019. The property features a shared 2-car carport with dedicated storage for each unit. Ideal for owner-occupants, investors, or multi-generational...
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2026-05-04
Location, Tax & Legal
Assessor's Map #: 7
Legal Description (Abbrev): LOT 4 ELLA LEE MCR 008247
Assessor's Parcel #: 70
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 929
Tax District: T
Legal: ELLA LEE MCR 82/47 LOT 4 EX P/D 3361/532
Marketing Name: ELLA LEE
House Number: 1707
Compass: N
Street Name: 42ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4077
Country: US
County Code: Maricopa
Subdivision: ELLA LEE
Assessor Number: 126-07-070-C
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 68x98
Flood Zone: No
Total # of Units: 2
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Elementary School: Griffith Elementary School
Jr. High School: Pat Tillman Middle School
High School: Camelback High School
Year Built: 1960
Zoning: R-3
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Tile: 1
Concrete: 1
Vinyl: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 929
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 3200
Pmt & Rate Info
Cap Rate: 0.71
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Sidewalk(s): 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Vertical Blinds: 1
Mini Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Attached Carport: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Terms
Non Assumable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1600
Avg SqFt: 850
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: McDowell and 44th St.
Directions: Head East on McDowell to 41st Place, Turn Right to Almeria, Turn Right to 42nd Place, Turn Left to Home on Your Right Hand side.
Geo Lat: 33.467143
Geo Lon: -111.991111
Legal Info
Lot Number: 4
Income Expenses
Gross Annual Sch Inc: 3200
Net Operating Income: 3200
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Tile; Concrete; Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Separate Storage
Interior Features: Unfurnished; Vertical Blinds; Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: SRP
Gas: None
Parking Features: Carport; 1 Space/Unit; Attached Carport
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 1st Loan: Conventional
Existing 1st Loan Terms: Non Assumable
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Supplements
...living, this duplex combines strong location, practical layout, and key capital improvements in a high-demand rental area. We've got preliminary numbers through a local lender for a DSCR loan, ask as what we've seen in terms of qualification and cash flow options!
Listing Office: Real Broker
Last Updated: May - 06 - 2026
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