$500,000

1301 E DURANGO Street, Phoenix, AZ 85034

Multi-Family Home
Built in 1936
—— sqft lot
—— car garage
$——/sqft
Listed 18 days ago

Property Description

Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures. Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification. Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment. Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.

Listing Status:: Active
Date Added:: June 16, 2026
Data Last Updated:: July 4, 2026 at 10:08PM
Listing Office:: West USA Realty : 602-942-4200
Listing Agent:: Josiah Miller : 480-290-3239
MLS ID:: 7042693

Flooring: Ceramic TileVinylConcrete
A/C: Central AirCeiling Fan(s)Electric
Heating: Central

Parking: FreeAdd'l Parking Avail>1 Space Per UnitCarportParking spaces: 8

Roofing: Composition
General: PaintedStuccoBlock

Road/Access: Asphalt
Originating MLS: Arizona Regional Multiple Listing Service 2
School District: Phoenix Elementary District
County: Maricopa

Zoning: R-211537041A

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Josiah Miller , West USA Realty

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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