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1732 E Wood Street, Phoenix, AZ 85040

Phoenix
Local realty services provided by:CENTURY 21 Arizona Foothills
1732 E Wood Street,Phoenix, AZ 85040
$489,900
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dean selvey
Office: re/max excalibur
MLS#:7039988
Source:ARMLS

Price summary

  • Price:$489,900

About this home

Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this low-maintenance

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Home facts

  • Year built:2023
  • Subdivision & Development:BELMONT PARK
  • Listing ID #:7039988
  • Updated:July 31, 2026 at 04:28 AM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Flooring:Carpet, Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:2023
  • Construction Materials:Stucco

Schools

  • High school:South Mountain High School
  • Middle school:Percy L Julian School
  • Elementary school:Percy L Julian School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$489,900
  • Tax amount:$4,284 (2026)

Parking

  • Total parking spaces:4
  • Parking description:Additional Parking Available, Carport, More Than 1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Floyd Scott

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