$489,900

1905 E ILLINI Street, Phoenix, AZ 85040

Multi-Family Home
Built in 2025
—— sqft lot
—— car garage
$——/sqft
Listed 5 days ago

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.

Listing Status:: Active
Date Added:: June 10, 2026
Data Last Updated:: June 16, 2026 at 3:08AM
Listing Office:: RE/MAX Excalibur : 480-355-3500
Listing Agent:: Dean Selvey : 480-254-6444
MLS ID:: 7040009

Flooring: TileCarpet
A/C: Central AirCeiling Fan(s)Heat PumpIndividual
Heating: Electric

Parking: Attached CarportAdd'l Parking Avail>1 Space Per UnitCarportParking spaces: 4

Roofing: Composition
General: Wood FrameStucco

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

Zoning: R312232091

Water: City Franchise
Sewer: Public Sewer

Source: Arizona Regional Multiple Listing Service 2

This listing courtesy of Dean Selvey , RE/MAX Excalibur

Monthly Payment

$Est. Payment

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

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