$520,000
Buckeye, AZ 85326
MLS# 6953203
1 / 10
Property Description
Buy and hold Investment opportunity in Old Buckeye. This extremely rare New Construction multi-family duplex in an oversized lot is the perfect addition to your investment portfolio. Each unit features private laundry, durable plank tile flooring, and modern shaker cabinets built for low-maintenance and long-term rental appeal. This property is truly turnkey, with tenants already in place under a one year lease. Secure steady income and no maintenance from day one in a high-growth area. Two adjacent lots are also available, each with an identical duplex approved planned, providing the opportunity to acquire a total of six units.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $520,000
List Price: $520,000
Status: Active
List Date: 2025-12-02
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): LOT 5 23 BUCKEYE BLOCKS 1 THRU 3 10 THRU 15 MCR
Assessor's Parcel #: 20
Add'l Parcels: No
Tax Municipality: Buckeye
Census Tract: 50702
Taxes: 452
Legal: LOT 5 23 BUCKEYE BLOCKS 1 THRU 3 10 THRU 15 MCR
Marketing Name: Unknown
House Number: 509
Compass: E
Street Name: CENTRE
St Suffix: Avenue
City/Town Code: Buckeye
State/Province: AZ
Zip Code: 85326
Zip4: 3209
County Code: Maricopa
Subdivision: BUCKEYE BLOCKS 1 THRU 3 10 THRU 15
Assessor Number: 400-29-020
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 49.95 X 163.11
Flood Zone: No
Total # of Units: 2
Elementary School District: Buckeye Elementary District
High School District: Buckeye Union High School District
Elementary School: Buckeye Elementary School
Jr. High School: Buckeye Elementary School
High School: Buckeye Union High School
Year Built: 2025
Zoning: DC
Legal Info
Range: 3W
Section: 5
Township: 1S
Lot Number: 5 23
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Wood Siding: 1
Roofing
Tile: 1
Floors
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 452
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 34810.85
Pmt & Rate Info
Cap Rate: 0.71
Equity: 520000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Central: 1
Cooling
Central Air: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
None: 1
Road Access Type
Alley: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Gravel: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Other: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
Landscaping: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
ALTA Survey Availbl: 1
Environmental
None: 1
Contact Info
List Agent Home Phn: 602-386-7885
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1800
Avg SqFt: 900
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 5TH ST AND CENTRE
Directions: TAKE I10 WEST, EXIT MILLER RD, ON MILLER MAKE A LEFT, GO SOUTH, MAKE A LEFT ON CENTRE, AND THE DUPLEX WILL BE ON THE RIGHT
Geo Lat: 33.36648
Geo Lon: -112.584108
Income Expenses
Gross Annual Sch Inc: 36643
Net Operating Income: 3708
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Wood Siding
Roofing: Tile
Floors: Other
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: None
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Other
Road Access Type: Alley
Road Surface Type: Gravel; Asphalt; Concrete
Owner Pays: Landscaping
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Lockbox Type: Supra
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: My Home Group Real Estate
Last Updated: December - 20 - 2025
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