$535,000
Phoenix, AZ 85006
MLS# 7009835
1 / 31
Property Description
This property is ideal for investors seeking a monthly income in a highly desirable part of town. There are 2 units and a lot of space for the residents who live here. The first unit is a 2-bedroom, 1-bathroom, and the second unit is a 1-bedroom, 1-bathroom. These two units have separate meters. These units are currently being rented out and are under contract.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $535,000
List Price: $535,000
Status: Active
List Date: 2026-04-04
Location, Tax & Legal
Unit #: 2
Assessor's Map #: 8
Assessor's Parcel #: 8
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111601
Taxes: 1130
Legal: AVALON
Marketing Name: Avalon
House Number: 2314
Compass: E
Street Name: HARVARD
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1544
County Code: Maricopa
Subdivision: AVALON BLOCKS 5-8
Assessor Number: 117-08-008
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 6770 SQ/F
Total # of Units: 2
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Year Built: 1935
Zoning: R3 Multiple fa
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Other (See Remarks): 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1130
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 39900
Total Monthly Rental Income: 3500
Pmt & Rate Info
Cap Rate: 7.85
Equity: 535000
Down Payment %: 1400
Monthly Payments: 3500
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Other: 1
Community Features
No Pool: 1
General Store: 1
Heating
Other: 1
Cooling
Other: 1
Interior Features
Unfurnished: 1
Tenant Pays
Water: 1
Electricity: 1
Appliances Included
None: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
Other: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.474198
Geo Lon: -112.031648
Legal Info
Lot Number: 8 1
Income Expenses
Gross Annual Sch Inc: 42000
Net Operating Income: 42000
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Other (See Remarks)
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool; General Store
Interior Features: Unfurnished
Appliances Included: None
Heating: Other
Cooling: Other
Water Source: Other
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Other
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Electricity
Source of Fincl Data: Owner
Lockbox Type: Other
New Financing: Cash; FHA; Conventional
Environmental: None
Listing Office: Barrett Real Estate
Last Updated: April - 06 - 2026
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