Property Attributes
- MLS#7070129
- TypeSingle Family
- Listing Status Active
- CountyMARICOPA
- CityPhoenix
- NeighborhoodAVALON BLOCKS 5-8
- Zip85006
- StyleRanch
- Year Built1974
- Taxes$ 612
- Price$ 575,000
- Bedrooms5
- Full Bathrooms3
- Half Bathrooms0
- Sqr Footage1927
- Lot Size0.16 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description
Turnkey Central Phoenix investment with two separate residences and established rental income! This beautifully remodeled property features a fully updated 3-bedroom, 2-bath main home plus a newly constructed 2-bedroom, 1-bath casita, creating two independent income-producing dwellings on one lot. Both residences are currently tenant occupied with new one-year leases in place, offering an investor immediate rental income and greater income stability from day one. The main home has been extensively updated with a modern kitchen, renovated bathrooms, new roof, HVAC, and contemporary finishes throughout. The newly constructed casita offers spacious bedrooms, a full bath, and an open living area, providing a desirable second rental opportunity. With two established tenants, two separate rental units, and new leases in place, this property offers an attractive combination of current cash flow and long-term investment potential. Conveniently located in Central Phoenix with easy access to Downtown Phoenix, Sky Harbor International Airport, major hospitals, dining, shopping, and major freeways. An excellent opportunity to acquire a turnkey, income-producing property with two separate residences and immediate rental income already in place.
| Elementary School | Middle School | High School |
|---|---|---|
| William T Machan Elementary School | William T Machan Elementary School | Camelback High School |
| Price History | |
|---|---|
| 8/28/2026 | Listed $595,000 |
| 9/11/2026 | 4$575,000 |
General Features
| Sewer | Public Sewer |
|---|---|
| Heating | Electric |
| Cooling | Central Air |
| Possession | Subject To Tenant Rights |
| Roof | Composition |
| Garage Spaces | 0.0 |
| Association Fee Includes | No Fees |
| Architectural Style | Ranch |
| Construction Materials | Stucco,Wood Frame,Painted,Brick |
| Year Built | 1974 |
| Electric | 220 Volts in Kitchen |
| Township | 2N |
| Property Subtype | Single Family Residence |
| Tax Year | 2025 |
| Ownership | Fee Simple |
| Community Features | Near Light Rail Stop,Near Bus Stop,Biking/Walking Path |
| County | Maricopa |
| New Construction | No |
| Property Type | Residential |
| HOA | No |
| Subdivision Name | AVALON BLOCKS 5-8 |
| Special Listing Conditions | N/A |
| Status | Active |
| Directions | South on 24th St. Turn right on Harvard St. Continue past 22nd St. House on right. |
| High School | Camelback High School |
| City | Phoenix |
| Disclosures | Agency Discl Req,None,Seller Discl Avail |
| High School District | Phoenix Union High School District |
| Open Parking Spaces | 2.0 |
| Lot Size Units | Square Feet |
| Lot Size Square Feet | 6752.0 |
| Carport Spaces | 1.0 |
| Carport Y/N | No |
| Spa Features | None |
| Elementary School | William T Machan Elementary School |
| Property Attached Y/N | No |
| Land Lease Y/N | No |
| Tax Annual Amount | 612.0 |
| Home Warranty Y/N | No |
| Middle/Junior High School | William T Machan Elementary School |
| Lease Renewal Y/N | No |
| Lease Considered Y/N | No |
| Rent Control Y/N | No |
| Builder Name | Stocks Construction |
| Standard Status | Active |
| Occupancy Type | Tenant |
| Elementary School District | Creighton Elementary District |
| Tax Lot | 4 5 |
| MobileHomeRemainsYN | No |
| New Financing: Conventional | True |
| Senior Community | No |
| Ttl Monthly Fee Equiv | 0.0 |
| New Financing Cash | True |
Interior Features
| Interior Amenities | Eat-in Kitchen,Full Bth Master Bdrm |
|---|---|
| Flooring | Vinyl |
| Total Stories | 1 |
| Air Conditioning Y/N | Yes |
| Heating Y/N | Yes |
| Fireplace Y/N | No |
| Laundry Features | Inside |
| Total Bedrooms | 5 |
| LivingAreaSource | Assessor |
| Total Baths | 3 |
| Bedrooms Possible | 5 |
Exterior Features
| Fencing | Chain Link |
|---|---|
| Lot Features | Gravel/Stone Front,Gravel/Stone Back,Synthetic Grass Frnt,Synthetic Grass Back |
| Water Source | Public |
| Lot Size Area | 6752.0 |
| Spa | No |
| Lot Size Acres | 0.16 |
| Lot Size Source | Assessor |
| Waterfront Y/N | No |
| Covered Spaces | 1.0 |
| Crops Included Y/N | No |
| Road Responsibility | City Maintained Road |
| Horse Y/N | No |
| Irrigation Water Rights Y/N | No |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
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