$627,000
Phoenix, AZ 85003
MLS# 6979192
Status: Closed

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Property Description
Amazing opportunity to own a newer-construction duplex in Downtown Phoenix. Built in 2021 with high-quality finishes and thoughtfully designed, this well-maintained property offers exceptional flexibility—ideal for an investor, owner-occupant seeking rental income, or anyone in need of two separate units. A rare find in a prime urban location—don't miss this unique Phoenix opportunity.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $627,000
Sold Price: $627,000
Status: Closed
List Date: 2026-02-04
Location, Tax & Legal
Assessor's Map #: 17
Legal Description (Abbrev): MONTGOMERY LOTS 5 & 6 BLK 31
Assessor's Parcel #: 44
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114200
Taxes: 4313
Legal: MONTGOMERY LOTS 5 & 6 BLK 31
Marketing Name: Barkan
House Number: 909
Compass: S
Street Name: 4TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85003
Zip4: 0048
Country: US
County Code: Maricopa
Subdivision: MONTGOMERY ADD BLKS 23-26 31-34 39-42 47-50
Assessor Number: 112-17-044
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 60x105
Flood Zone: No
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Lowell Elementary School
High School: Central High School
Year Built: 2021
Zoning: R4
Legal Info
Range: 3E
Section: 8
Township: 1N
Lot Number: 5
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Stucco: 1
Brick Veneer: 1
Roofing
Composition: 1
Floors
Laminate: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 4313
Other Income: 0
Vacancy Allowance: 1000
Adjusted Gross Inc: 52747200
Pmt & Rate Info
Cap Rate: 6.01
Equity: 749000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Landscape Water System: 1
Partially Fenced: 1
Interior Features
Vertical Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Add'l Parking Avail: 1
Attached Garage: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Special
Owner/Agent: 1
Existing 1st Loan
Conventional: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Boundary Survey Avlb: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 2200
Avg SqFt: 1500
# Baths: 25
4 Bedrooms Units
Avg Rent: 0
Sold Info
Loan Type: FHA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Other
Buyer Concession to Seller: 0
Buyer Concession $/%: $
Seller Concession to Buyer: 10000
Seller Concession $/%: $
Remarks Misc
Cross Street: Buckeye and Central
Directions: West on Buckeye, North on 4th Ave
Geo Lat: 33.438665
Geo Lon: -112.079107
Status Change Info
Off Market Date: 2026-03-23
Under Contract Date: 2026-03-20
Close of Escrow Date: 2026-05-08
Sold Price: $627,000
Income Expenses
Gross Annual Sch Inc: 52800
Net Operating Income: 45000
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Stucco; Brick Veneer
Roofing: Composition
Floors: Laminate
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Water System; Partially Fenced
Interior Features: Vertical Blinds
Appliances Included: Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; Add'l Parking Avail; Attached Garage
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; No Carry
Environmental: None
Listing Office: Compass
Last Updated: May - 09 - 2026
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