$450,000
Phoenix, AZ 85008
MLS# 6957758
1 / 14
Property Description
This rare property is perfect for residential or investor buyers. Just minutes from Sky Harbor Airport, The MMC-Phoenix Suns Arena, Chase Field, the Celebrity Theater, Phoenix Children's Hospital, Phoenix Convention Center, Downtown Phoenix, across the street from Valleywise Hospital, a perfect place to live or invest. The main house is a 2-br, 1-bath with a separate dining area and a fireplace, wood floors, and a basement. The guest house is a 1-br, 1-bath. This property is zoned R5 which allows up to 12-units on it. This is one of only a few in the area that boasts nearly a half acre lot. Note, the owners have never lived on the property, there is no SPD.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2025-12-14
Location, Tax & Legal
Assessor's Map #: 76
Legal Description (Abbrev): DEL REY LOT 140 N2
Assessor's Parcel #: 107
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113501
Taxes: 1759
Legal: DEL REY LOT 140 N2
Marketing Name: Del Rey
House Number: 1008
Compass: N
Street Name: 27TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4925
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-76-107
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 5
Lot Size Dimensions: .416 acers
Flood Zone: No
Total # of Units: 2
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Year Built: 1930
Zoning: R5
Legal Info
Range: 3E
Section: 2
Township: 1N
Lot Number: 140
Project Type
Duplex: 1
Other Type
House + Rental Units: 1
Construction
Wood Frame: 1
Brick: 1
Const - Finish
Painted: 1
Stucco: 1
Stone: 1
Roofing
Composition: 1
Floors
Laminate: 1
Wood: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1759
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 11400
Pmt & Rate Info
Cap Rate: 2.67
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
No Notification Required to Show: 1
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Central: 1
Window/Wall Unit(s): 1
Cooling
Central Air: 1
Window/Wall Unit: 1
Tenant Pays
Electricity: 1
Appliances Included
Refrigerator: 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
Parking Features
RV Access/Parking: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Existing 1st Loan Type
Not Applicable: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 750
Avg SqFt: 500
# Baths: 1
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 600
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1500
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1000
Avg SqFt: 600
# Baths: 1
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 24th St & Roosevelt St
Directions: South from the 202 on 24th St to Roosevelt St. Then East on Roosevelt St to 27th St. Then left on 27th St, property on left.
Geo Lat: 33.458905
Geo Lon: -112.024019
Income Expenses
Gross Annual Sch Inc: 12000
Net Operating Income: 12000
Property Features
Project Type: Duplex
Other Type: House + Rental Units
Construction: Wood Frame; Brick
Const - Finish: Painted; Stucco; Stone
Roofing: Composition
Floors: Laminate; Wood
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Refrigerator; W/D Hookup
Heating: Central; Window/Wall Unit(s)
Cooling: Window/Wall Unit; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: RV Access/Parking; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity
Source of Fincl Data: Owner
Showing Notification Methods: No Notification Required to Show
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
Existing 1st Loan Type: Not Applicable
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Avenue Home Realty
Last Updated: December - 14 - 2025
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