Trusted Real Estate Experts in Sierra Vista, Fort Huachuca, Benson, and Bisbee Arizona

1845 E ILLINI Street

Phoenix, AZ 85040

Phoenix, AZ 85040

1845 E ILLINI Street

$499,900

MLS#: 7040008

Status: Active

Listing provided by: RE/MAX Excalibur

Listing agent phone: None

Last update: a month ago

On site: 3 months ago

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PROGRESS PLACE - Residential Income

About

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

Property

Beds

5

Full Baths

None

1/2 Baths

None

Year Built

2025

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Other Interior Features

    Breakfast Bar

  • Total Bedrooms

    5

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Heat Pump, Varies by Unit, Ceiling Fan(s)

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Carport, Attached Carport

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $499,900

  • Tax Amount

    $4,228

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Roosevelt Elementary District

  • Middle School

    Percy L Julian School

  • High School

    South Mountain High School

Property Features

  • Ownership

    Fee Simple

  • Tax Lot

    14

  • Water Source

    Public

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Roosevelt Elementary District

  • Middle School

    Percy L Julian School

  • High School

    South Mountain High School

Listing Courtesy of Dean Selvey, RE/MAX Excalibur

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Agent Terri Applegarth

Terri Applegarth

Agent / Realtor®

Call Terri today to schedule a private showing.

Phone (303) 880-6439

Email Terri@MandyGoldTeam.com


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1845 E ILLINI Street

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