$529,000
Phoenix, AZ 85007
MLS# 6941681
1 / 49
Property Description
Recently renovated and newly refreshed two structure duplex in prime location between famed Roosevelt Row and trendy Grand Ave Arts district. Property features a spacious and open 2b/2b front unit with almost 1100 sq ft of living space as well as a covered patio and xeriscaped front yard. Back unit features a 1b/1b unit with a spacious private patio and 60 sq ft storage shed. Front unit is vacant while back unit has a lease until March '26 making this perfect for an investor looking to maximize immediate cashflow or house hacker looking to offset their mortgage. New AC unit 2 in 2023. New AC unit 1 in 2025. $17k of capex in unit 1 in Oct '25. No vacancies in 5 years! 2.625% FHA rate may be assumable. Rent out one unit and live for free!
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $529,000
List Price: $529,000
Status: Active
List Date: 2025-11-01
Location, Tax & Legal
Assessor's Map #: 27
Assessor's Parcel #: 74
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 2248
Legal: UNIVERSITY W 44.5' OF LOTS 2 & 4 & W 44.5' OF N 10' OF LOT 6 BLK D
Marketing Name: University Addition
House Number: 1107
Compass: W
Street Name: Roosevelt
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
County Code: Maricopa
Subdivision: University Addition
Assessor Number: 111-27-074
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: n/a
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Kenilworth Elementary School
High School: Metro Tech High School
Year Built: 1910
Zoning: R-5
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Stucco: 1
Roofing
Composition: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Personal Property: 1
Laundry Equipment: 1
Income & Expenses
Annual Ins Exp: 1550
Annual Maint Exp: 5500
Annual Wtr/Swr Exp: 1920
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 11218
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 40020
Pmt & Rate Info
Cap Rate: 5.66
Equity: 549000
Down Payment %: 5
Monthly Payments: 2080
Total Owed: 0
Payment Includes
Principal: 1
Interest: 1
Taxes: 1
Insurance: 1
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Phone Call: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Rain Gutters: 1
Fenced: 1
Curb(s) & Gutter(s): 1
Cable TV Available: 1
Patio/Balcony: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Tenant Pays
Gas: 1
Electricity: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Free-Standing Gas Oven: 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
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
Free: 1
>1 Space Per Unit: 1
Paved: 1
Attached Carport: 1
Off Street: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Existing 1st Loan
FHA: 1
Existing 1st Loan Type
Fixed: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1235
Avg SqFt: 416
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 2100
Avg SqFt: 1089
# Baths: 2
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: N 11th Ave and Roosevelt
Directions: 7th Ave to Roosevelt, west to 11th Ave., home is on the south side of Roosevelt.
Geo Lat: 33.458461
Geo Lon: -112.08744
Legal Info
Lot Number: 2
Income Expenses
Gross Annual Sch Inc: 40020
Net Operating Income: 31050
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Stucco
Roofing: Composition
Floors: Tile
Sale Includes: Land & Building; Personal Property; Laundry Equipment
Payment Includes: Principal; Interest; Taxes; Insurance
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Rain Gutters; Fenced; Curb(s) & Gutter(s); Cable TV Available; Patio/Balcony; Separate Storage
Interior Features: Unfurnished
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: Carport; >1 Space Per Unit; Free; Paved; Attached Carport; Off Street
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner; Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: Other
Existing 1st Loan: FHA
Existing 1st Loan Type: Fixed
New Financing: Cash; VA; FHA; Conventional; No Carry; 1031 Exchange
Environmental: None
Listing Office: ATLAS AZ, LLC
Last Updated: January - 07 - 2026
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