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1905 E Illini Street

Phoenix, AZ 85040
  • $499,900
  • STATUS: Active
  • ID#: 7040009
UPDATED: 141 min ago
$499,900
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2025
County:
Area:

School Information

Elementary School:
Middle School:

Description

2024 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

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Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-07-13T00:12:37.227.
www.arizonahomesearch.com/homes/177566502
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1905 E Illini Street Phoenix, AZ 85040

  • Price: $499,900
  • Status: Active
  • On Site: Days
  • Updated: 141 min ago
  • ID#: 7040009
0
Beds
0
Baths
0
½ Baths
N/A
Acres
2025
Built
Neighborhood:
Progress Place
County:
Maricopa
Area:
Phoenix
Elementary School:
Percy L Julian School
Middle School:
Percy L Julian School
High School:
South Mountain High School
Property Description
2024 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.
Exterior Features

Attached Garage YN No Construction Materials Wood FrameStucco Covered Spaces 2 Exterior Features [] Open Parking Spaces 2 Parking Features Attached CarportAdd'l Parking Avail>1 Space Per UnitCarport Road Surface Type Asphalt Roof Composition

Interior Features

BIOven Range Yes Cooling Central AirCeiling Fan(s)Heat PumpIndividual Cooling YN Yes Heating Electric Heating YN Yes Interior Features [] WDHookup Yes

Property Features

Community Features No Pool Disclosures None Flooring TileCarpet Gross Income 44400 Listing Terms Conventional1031 Exchange Maintenance Expense 0 Owner Pays Trash CollectionWaterSewer Ownership Fee Simple Property Condition [] Security Features [] Sewer Public Sewer Tax Annual Amount 4228 Tax Year 2026 Water Source City Franchise Zoning R3

Arizona Regional MLS logo Listing provided by RE/MAX Excalibur: .


Arizona Regional MLS logo© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than Long Realty Company. Data last updated 2026-07-13T00:12:37.227.
 
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Long Realty Company
4051 E. Sunrise Dr, Suite 101
Tucson AZ, 85718