1947 E Raymond Street, Phoenix, AZ 85040
Local realty services provided by:CENTURY 21 Arizona West
1947 E Raymond Street,Phoenix, AZ 85040
$416,900
- 4 Beds
- 4 Baths
- - sq. ft.
- Multi-family
- Pending
Listed by: dean selvey
Office: re/max excalibur
MLS#:7074366
Source:ARMLS
Price summary
- Price:$416,900
About this home
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.
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Home facts
- Year built:2020
- Subdivision & Development:PROGRESS PLACE
- Listing ID #:7074366
- Updated:October 29, 2026 at 03:22 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:4
- Flooring:Tile
Heating and cooling
- Cooling:Ceiling Fan(s), Electric
- Heating:Central, Electric
- Central air:Yes
Structure and exterior
- Year built:2020
- Construction Materials:Painted, 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:$416,900
- Tax amount:$3,491 (2025)
Parking
- Total parking spaces:6
- Parking description:1 Parking Space/Unit
- Garage:Yes
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