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$724,900
Phoenix, AZ 85004
MLS# 7053495
6 beds | 4 baths
1 / 40
Property Description
This is not your average duplex! Brand-new duplex completed in August 2025 with more than $70K in additional improvements and enhancements. This turnkey property features two spacious 3-bedroom, 2-bathroom units with upgraded finishes, tile flooring throughout, spray foam insulation, large laundry rooms, and all appliances included. Additional improvements include a gated front entrance, fully fenced front yard, covered pergola with two ceiling fans, artificial turf, and newly planted ficus trees for added privacy. Unit 2 features beautifully renovated bathrooms. Each unit has its own private RV gate. Located in a designated Opportunity Zone, this property offers excellent potential for investors or owner-occupants and is ideal for long-term or short-term rentals.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $724,900
List Price: $724,900
Status: Active
List Date: 2026-07-13
Location, Tax & Legal
Assessor's Map #: 39
Legal Description (Abbrev): COPE ADD MCR 26-13 LOT 11 EX W 2F & N2 LOT 13 EX W 2F BLK 10
Assessor's Parcel #: 83
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 660
Tax District: T
Legal: COPE ADD MCR 26-13 LOT 11 EX W 2F & N2 LOT 13 EX W 2F BLK 10
Marketing Name: 1st St Duplex
House Number: 1724
Compass: S
Street Name: 1ST
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2802
Country: US
County Code: Maricopa
Subdivision: COPE ADD BLKS 7-10
Assessor Number: 112-39-083
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 112x82
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Silvestre S Herrera School
Jr. High School: Silvestre S Herrera School
High School: Central High School
Year Built: 2025
Zoning: R-3
Legal Info
Range: 3E
Section: 17
Township: 1N
Lot Number: 11
Project Type
Duplex: 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: 2600
Avg SqFt: 1176
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Structure
Bedrooms Total: 6
Bathrooms Total: 4
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 750
Annual Landscape Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1410
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 59280
Pmt & Rate Info
Cap Rate: 8.07
Equity: 724900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Fenced: 1
RV/Boat Parking: 1
Interior Features
Fire/Smoke Alarm(s): 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
>1 Space Per Unit: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Special
Owner/Agent: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Remarks Misc
Geo Lat: 33.430411
Geo Lon: -112.072952
Income Expenses
Gross Annual Sch Inc: 62400
Net Operating Income: 58530
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Landscape Water System; Fenced; RV/Boat Parking
Interior Features: Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Carport; >1 Space Per Unit
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity
Source of Fincl Data: Owner
Special: Owner/Agent
Lockbox Type: Combo
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: AZ Realty & Rentals
Last Updated: August - 14 - 2026
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