$430,000
Phoenix, AZ 85015
MLS# 6966851
1 / 2
Property Description
Charming central Phoenix opportunity with two detached 2BR/1BA homes on one lot, just north of Indian School, east of 19th Ave. Each home offers its own private yard space, separate entrances, and individual parking, creating an ideal setup for multi-generational living or an investor seeking strong rental potential. Fantastic location close to Clarendon/Encanto area schools, light rail, shopping, dining and easy freeway access, with strong rental demand. Buyer to verify all facts and figures, including square footage, schools, and any rental or zoning details to their satisfaction.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $430,000
List Price: $430,000
Status: Active
List Date: 2026-01-09
Location, Tax & Legal
Assessor's Map #: 49
Legal Description (Abbrev): PT SW4 SW4 N2 W2 OF FOL FR SW COR SEC RUN E /ASSMD BEAR/ ALG SEC LI 260.35' TH N 0: 05' 30
Assessor's Parcel #: 106
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108901
Taxes: 1774
Legal: PT SW4 SW4 N2 W2 OF FOL FR SW COR SEC RUN E /ASSMD BEAR/ ALG SEC LI 260.35' TH N 0: 05' 30'' W 33'
Marketing Name: two 2br/1ba homes 1 lot
House Number: 4115
Compass: N
Street Name: 18TH
St Suffix: Drive
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85015
Zip4: 5249
County Code: Maricopa
Subdivision: unk
Assessor Number: 155-49-106
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 1
Lot Size Dimensions: 8719 sqft
Flood Zone: No
Total # of Units: 2
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Clarendon School
Jr. High School: Osborn Middle School
High School: Central High School
Year Built: 1939
Zoning: R-3Multi SFR
Legal Info
Range: 3E
Section: 19
Township: 2N
Lot Number: n/a
Project Type
Other (See Remarks): 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Siding: 1
Roofing
Composition: 1
Floors
Tile: 1
Concrete: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1774
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 38760
Total Monthly Rental Income: 3400
Pmt & Rate Info
Cap Rate: 8.6
Equity: 430000
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
Electric: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Individual: 1
Exterior Amenities
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Free-Standing Gas Oven: 1
Microwave: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Accountant: 1
Road Responsibility
City Maintained Road: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Carport: 1
On Street: 1
Attached Carport: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Special
Accept Backups (CLO): 1
Existing 1st Loan
Conventional: 1
Existing 1st Loan Type
Fixed: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Other (See Remarks): 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1700
Avg SqFt: 613865
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Indian School Rd and 18th Dr
Directions: From Indian School Rd and 19th Ave, go east on Indian School Rd, then quick left (north) on 18th Dr to home on the right.''
Geo Lat: 33.495509
Geo Lon: -112.098907
Income Expenses
Gross Annual Sch Inc: 40800
Net Operating Income: 36986
Property Features
Project Type: Other (See Remarks)
Other Type: House + Rental Units
Construction: Block
Const - Finish: Painted; Stucco; Siding
Roofing: Composition
Floors: Tile; Concrete; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Cable TV Available; Sidewalk(s)
Interior Features: Unfurnished; Fire/Smoke Alarm(s)
Appliances Included: Free-Standing Gas Oven; Free-Standing Range; Microwave; W/D Hookup
Heating: Central
Cooling: Ceiling Fan(s); Individual; Central Air
Water Source: City Franchise
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS
Gas: SW Gas
Parking Features: Carport; On Street; Attached Carport
Road Access Type: City Street
Road Surface Type: Asphalt
Road Responsibility: City Maintained Road
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner; Accountant
Special: Accept Backups (CLO)
Showing Notification Methods: No Notification Required to Show
Lockbox Type: Supra
Existing 1st Loan: Conventional
Existing 1st Loan Type: Fixed
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; Conventional
Environmental: None
Listing Office: Success Property Brokers
Last Updated: January - 11 - 2026
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