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$387,500
7050052 MLS
Excellent investment opportunity for an investor or owner occupant/house hacker! Well maintained block duplex featuring two 2 bed/1 bath units with instant cash flow from reliable long-term tenants. Current leases are both month-to-month, offering flexibility for a new owner, while both tenants want to stay and are willing to sign longer term leases. Great value-add opportunity with Unit 1 fully remodeled in 2023 and Unit 2 offering upside through future renovation. Major updates include roof (2018), upgraded dual-pane windows (2023), underground plumbing/main sewer line replaced (2025), updated landscaping (2025), and Unit 1 interior remodel (2023). Both units have central HVAC & washer dryer hookups. Minutes from Downtown Phoenix, Sky Harbor, Biltmore, Arcadia Lite, and major freeways.

2730 E Willetta Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: eXp Realty.

$584,900
3 Beds ⋅ 2 Baths ⋅ 7048918 MLS
Live in the middle of everything while enjoying the character and charm that make Central Phoenix so special. Located in the highly sought-after Pierson Place Historic District, this unique property offers a rare combination of timeless architecture, modern updates, and flexible living space. The main home features original hardwood flooring, a newer roof, newer HVAC system, and the distinctive character that historic home enthusiasts appreciate. Outside, the irrigated lot provides mature landscaping and a private backyard retreat complete with a diving pool. A detached casita with approximately 318 square feet on the main level plus a finished upper level creates endless possibilities for rental guests, a home office, creative studio, fitness space, AIR BNB, or multi-generational living. A partial basement adds even more flexibility and storage rarely found in Phoenix homes. Just minutes from Uptown Plaza, the Melrose District, Downtown Phoenix, the Camelback Corridor, local restaurants, coffee shops, and entertainment, this is an opportunity to own a piece of Phoenix history in one of the city's most desirable central neighborhoods.

539 W Mariposa Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$385,000
3 Beds ⋅ 2 Baths ⋅ 7047080 MLS
Turnkey duplex with strong cash-flow potential! Whether you're looking for a long-term rental, short-term rental, or house-hack opportunity, this fully renovated duplex is ready to generate income from day one. Ideally located in the heart of Phoenix with convenient access to Downtown, major freeways, restaurants, shopping, parks, and entertainment, this property offers excellent rental appeal. Extensive upgrades include a newer roof with Low-E thermal insulation, less than one-year-old A/C units, and blown-in R-30 fiberglass insulation. Situated on a large lot, the property may offer future expansion potential, including the opportunity to explore adding two additional units, subject to zoning, permits, and City approval. This move-in-ready duplex is a low-maintenance investment.

2314 E Garfield Street, Phoenix

Courtesy of My Home Group Real Estate. 480-685-2760 Selling Office: The Brokery.

$849,900
6 Beds ⋅ 50 Baths ⋅ 7045330 MLS
204 E Hatcher Road presents a rare opportunity to acquire a well-maintained duplex in a strong North Central Phoenix location. Built in 2006, the property features two spacious 3-bed/2.5-bath units averaging approximately 1,788 square feet each, offering the feel of a single-family home with the convenience of rental living. Currently occupied by strong government-subsidized tenants paying $2,772 per month, each unit includes an attached two-car garage, private backyard, in-unit washer & dryer, and individually metered utilities, including water. Located in a desirable pocket of Sunnyslope near North Mountain Park & Preserve, HonorHealth John C. Lincoln Medical Center, shopping, dining, & major employment corridors, the property offers strong appeal for both investors and owner-occupants.

204 E Hatcher Road, Phoenix

Courtesy of ABI Multifamily. 602-714-1400

$799,000
5 Beds ⋅ 3 Baths ⋅ 7043196 MLS
Step into a century of character ! A Live -Work -Play opportunity in Midtown Phoenix with proven income stream. Multi Generational Living or Student off campus housing - so many options! Built in 1920, this rare International Modern-style residence is one of Phoenix's most compelling live-work-invest opportunities. Nestled in the historic Longview neighborhood adjacent to the storied Idylwild Historic District and the Historic Phoenix Country Club Golf Course. The property is currently operating as a successful short-term and corporate rental, consistently booked by convention-goers and business travelers drawn to Downtown Phoenix year-round. The main house offers 3-bedrooms and 2-bathrooms with a loft (loft is only room on 2nd level) and has been thoughtfully updated while honoring its historic roots. Soaring vaulted ceilings in the great room draw the eye to dramatic skylights that flood the space with natural light, while a striking spiral iron staircase ascends to an open loft - the kind of feature guests photograph and rave about in reviews. The upgraded kitchen leans fully into the industrial aesthetic with an oversized island and breakfast bar. Updated SS appliances, vent hood and modern tile design embellish the walls with open shelving to display your prized serve ware! down the hall, the primary suite features a spanish inspired tiled bathroom with dual vanity, custom tiled shower with glass enclosure and a custom closet organizer. Pay attention to the details- wood panel trim, fun lighting, ceiling fans and an electric wall fireplace to set the ambiance and warm the room! The casita is a game changer! 2-bedroom, 1-bath casita complete with a spacious living area, oversized kitchenette with island, and in-unit laundry- everything a corporate guest needs for an extended stay. Its private entrance and front patio. A generous adjacent storage room is already primed for conversion to a 1-car garage -- just add the door. Multigen or rental investment income-the possibilities are endless! The backyard delivers the kind of wow factor that earns five-star reviews. A versatile bonus structure -- game room, she-shed, or private lounge -- features barn-door windows, a built-in bar, true indoor/ outdoor feel, dedicated A/C wall unit, and full electrical. Open it up for a festive indoor-outdoor flow or close it down for a private retreat. The covered patio ties it all together for seamless alfresco entertaining that guests will not forget. The outdoor pergola is complete with fan misting system and party lighting. Are you looking for that urban walkability? This property is walkable to public transit , restaurants and more! Surrounded by some of Phoenix's best dining, this address scores a 10 for urban living. Minutes to Downtown Phoenix's convention center and major corporate destinations, the property draws a consistent stream of professionals, event attendees, and extended-stay guests who return again and again. The adjacent Historic Idylwild Park and prestigious Historic Phoenix Country Club neighborhood and Crystal Towers Executive Condo complex adds to the area's historic prestige and curb appeal. This property practically runs itself. Its location is a short-term rental operator's dream -walkable to public transit, minutes from Downtown Phoenix's convention center, restaurants, and corporate hubs, and surrounded by the kind of historic charm that commands premium nightly rates. Vacancy is rarely a concern here. Hurry this one is a gem!

1058 E Whitton Avenue, Phoenix

Courtesy of Brokers Hub Realty, LLC. 602-291-3015

$714,800
7 Beds ⋅ 4 Baths ⋅ 7042693 MLS
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.

1301 E Durango Street, Phoenix

Courtesy of West USA Realty. 602-942-4200

$480,000
7040709 MLS
Seller Carry Financing Option w/Amazing Terms. RARE Duplex Located in County Park Historic District in Mid-Town Phoenix! Zoned both Multi-Family and Commercial Special Use, Both Units are 2 Bedroom, 1 Bath, 661 Sq Ft, Upgraded Kitchen w/Appliances Included, Eat-In Kitchen Dining, Inside Laundry w/Stackable Washer & Dryer, 2709 Is Now Vacant to Allow for Buyer to Purchase as Owner Occupied Option (FHA/VA) and 2711 is Rented with Tenant at $1,400 Per Month, Both Units Have Large Backyards & Plenty of Room for Parking, 2711 Had Fully Fenced Yard w/Gated Entrance.

2711 N 7th Street, Phoenix

Courtesy of Realty One Group. 623-566-8863 Selling Office: eXp Realty.

$499,900
5 Beds ⋅ 3 Baths ⋅ 7040009 MLS
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

1905 E Illini Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$499,900
5 Beds ⋅ 3 Baths ⋅ 7040008 MLS
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

1845 E Illini Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$489,900
5 Beds ⋅ 3 Baths ⋅ 7039988 MLS
Down Payment Assistance programs are available for this duplex, with qualifying. Live in one side and use the other to offset your monthly payment! Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is fully leased with reliable, on-time tenants who pay their own electric. Landlord pays water and sewer. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout.

1732 E Wood Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$488,000
7039986 MLS
2023 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 1732 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.

1728 E Wood Street, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500 Selling Office: eXp Realty.

$980,000
6 Beds ⋅ 6 Baths ⋅ 7039794 MLS
Turnkey income today with exceptional upside for tomorrow. This unique multifamily opportunity features 2 detached single-family homes, each leased at $2,800/mo. and designed with modern finishes that drive strong tenant demand. Tenants pay water, sewer, and electric, keeping operating expenses low while maximizing cash flow. Each residence offers 3 bed, 2.5 bath, attached 2-car garage, open living spaces, quartz countertops, stainless steel appliances, and contemporary design. Future appreciation and income potential are enhanced by the opportunity to add an ADU to each home (buyer to verify). Prime location near the Biltmore Corridor, SR-51, major employers, shopping, and dining. A rare combination of stable income, low expenses, and long-term value-add potential. Drive by only.

2324 E Oak Street, Phoenix

Courtesy of Compass. 480-776-1555

$719,900
6 Beds ⋅ 50 Baths ⋅ 7039557 MLS
Outstanding turnkey investment opportunity! One of two side-by-side duplexes built in 2025, this well-designed property features two-story 3-bedroom, 2.5-bath residences, each with a tandem 2-car garage. Fully leased and stabilized with excellent tenants paying $2,300 per month per unit. Produces approximately $43,000 in annual NOI based on trailing 12-month expenses, reflecting an attractive 6% CAP rate. FHA, VA, conventional, cash, and 1031 buyers are welcome. Investors will love the cash flow, but don't overlook the opportunity for an owner-occupant. Owner pays water only. Upgraded finishes include wood-look plank tile, Samsung stainless appliances, 42'' cabinetry, tiled shower surrounds, and dual-pane windows.

2431 E Pueblo Avenue, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$719,900
6 Beds ⋅ 50 Baths ⋅ 7039540 MLS
1 of 2 side-by-side duplexes built in 2025; 2-story; 2-car tandem garage; 3-bedrooms, 2.5 baths. currently rented at $2300 per unit; Fully occupied and stabilized. Excellent tenants. 6% Cap rate; generates $43,600 per year based on trailing 12 month expenses. Owner pays water. Surprisingly high-end finishes including plank tile, stainless appliances, 42'' cabinets, dual pane windows, tiled shower surrounds. This is available by itself, or as part of a package of 8 duplexes built and owned by this seller, all occupied.. Excellent condition.

2421 E Pueblo Avenue, Phoenix

Courtesy of RE/MAX Excalibur. 480-355-3500

$805,000
8 Beds ⋅ 8 Baths ⋅ 7038283 MLS
Seize this fantastic opportunity to own a well-located duplex close to schools, dining, highway access, and sports fields! Each unit features 3 spacious bedrooms, 2 bathrooms, neutral tones, tile flooring throughout, a laundry area, and a clean, modern kitchen with granite countertops, stainless steel appliances, and an island perfect for casual meals. Enjoy tandem covered parking for added convenience and no HOA restrictions. This property is a great option for investors or owner-occupants--live in one unit and rent the other, or explore short-term rental. One unit Airbnb-ready. Opportunities like this don't come around often. Come see it before it's gone!

1908 W Lawrence Road Unit 1&2, Phoenix

Courtesy of West USA Realty. 602-942-4200

$765,000
7 Beds ⋅ 4 Baths ⋅ 7037654 MLS
Opportunities like this are genuinely rare in central Phoenix. Situated on a nearly 8,000 square foot lot in the heart of the Encanto neighborhood, this property offers two fully separate homes, a 3-bedroom, 2-bath main house and a 4-bedroom, 2-bath guest house, each with its own living space, garden, kitchen, and entrance. Live in one and let the other help carry the mortgage. House extended family. Or lease both. The lot gives you options that most properties simply cannot. Current tenants are month to month and interested in signing year long leases. Both houses have private fenced yards with their own private grassy outdoor spaces. The front house carries the charm of its 1940 bones while delivering the comfort of a fully updated home, with granite counters, in-unit laundry, and a layout that lives larger than the square footage suggests. The back house 4 bed 2 bath is newly built in 2022 and ready for occupancy with master suite, granite counters, large bedrooms and an open floor family room and kitchen. Two homes. One address. An income stream built in from day one. The location makes both homes remarkably easy to rent and even easier to love. Downtown Phoenix is minutes away, putting Chase Field, Footprint Center, the arts district, and the city's best restaurants within a short drive or rideshare. Phoenix Children's Hospital is right around the corner, making this address a natural fit for traveling medical staff or a generational family home. There are so many options to make this property work for you!

1911 E Harvard Street, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$570,000
8 Beds ⋅ 4 Baths ⋅ 7037205 MLS
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied--do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown-- reduced monthly payments for the first 2 years years at no cost to the buyer or seller.

1802 W Sherman Street, Phoenix

Courtesy of eXp Realty. 602-475-9545

$490,000
7034766 MLS
Fantastic investment opportunity near downtown Phoenix in the Woodland Place District. This duplex offers two 2-bed/1 bath units. Fully rented. Both units offer fully remodeled kitchens with custom cabinetry, quartz countertops, updated stainless appliances and under-cabinet lighting. In-unit stackable washer/dryer. Ceiling fans in all rooms. New fence installed 2026. Centrally located, a block from Government Mall and close to downtown's best restaurants, museums, entertainment & sporting venues, cafes & bars and shops, with easy access to major freeways. Off-street parking at the rear of the unit. No HOA

1331 W Monroe Street, Phoenix

Courtesy of Mark Brower Properties, LLC. 480-336-2556 Selling Office: The Brokery.

$499,000
7034647 MLS
Built in 1929, this red brick bungalow-style duplex sits on a ±7,500 sq ft lot in the Coronado Historic District, a lot size that is larger for the neighbrohood. Two private entrances serve the units independently, one off Monte Vista and one off 12th Street, and three dedicated off-street parking spaces add real value in a neighborhood where not all homes have dedicated parking. The charming bungalow exterior is defined by red brick construction with blonde brick accents above every door and window, a two-tone masonry detail that is period-authentic, architecturally coveted, and simply not found in modern construction. The recently restored historic front porches and stoops are quintessential craftsman bungalow: shaded, welcoming, and conversational. A newer full block wall encloses the rear yard for privacy, while a decorative pony wall along the front gives the property a defined, charming street presence without feeling closed off, and increases privacy. Both units have original tongue-and-groove oak hardwood floors, old-growth wood of a density and warmth that isn't made anymore, a brick fireplace with mantle in the living room, and original wood ceiling height cabinetry in the kitchen. Historic windows are in good condition and bring in generous natural light throughout the day. Each kitchen has a gas range, and each unit includes a dedicated laundry room with built-in shelving and washer and dryer conveying, a walk-in closet, and an en suite full bath. The Monte Vista-facing unit has been recently painted, and custom blackout blinds have been installed in the bedroom for optimized sleeping. The historic sewer line has been replaced with ABS, both units run on heat pump systems with gas packs (one unit replaced in 2018, the other, brand new in 2026) and natural gas is hard-piped to an on-site barbecue accessible to tenants. The lot includes a dedicated pet area and a generous yard suited for gardens, landscaping, or potentially a garage or accessory structure (subject to City of Phoenix and Historic District guidelines). Coronado is one of the most walkable and genuinely friendly neighborhoods in the Phoenix metro, the kind of place where people know their neighbors and actually use their front porches. Located about two miles north of Downtown Phoenix, the neighborhood draws people who want to walk to dinner, bike to work, and feel rooted in a real community. The dining scene continues to grow, as well. Dahlia Tapas, Chop Shop, and Sophia's, are all newer neighborhood hot spots, and Ollie Vaughn's, Cielo Rojo, The Coronado PHX, and Guanaquito remain established neighborhood anchors. Coronado Park, with its community pool, tennis, basketball, and softball field, is right on 12th Street and Palm Lane. Safeway and Banner-University Medical Center Phoenix are nearby on McDowell Road, and Roosevelt Row and Valley Metro Light Rail are a bike ride away. Unit 1 (12th Street entrance) is 608 sq ft, one bedroom, one full bath, currently leased month-to-month at $1,350/month. Unit 2 (Monte Vista entrance) is 608 sq ft, one bedroom, one full bath, vacant, recently painted with custom blackout blinds, and available at current market rates of $1,450-$1,550/month. Estimated gross monthly income for the property is approximately $3,000/month.

2202 N 12th Street, Phoenix

Courtesy of Brokers Hub Realty, LLC. 602-291-3015 Selling Office: West USA Realty.

$310,000
7031851 MLS
RARE INVESTMENT OPPORTUNITY: Two Detached, Single-Family Homes (3-Bed / 1-Bath + 2-Bed / 1-Bath) on a Single, Oversized Lot (6,360 LSF Total) Just West of Downtown Phoenix. TRUE DETACHED LIVING: Features Two Separate Structures, Offering Maximum Privacy & Premium Rental Appeal Compared to Traditional Shared-Wall Duplexes. UNBEATABLE LOCATION & ACCESSIBILITY: Located 11 Minutes (4.5 Miles) From the Heart of Downtown & 11 Minutes From Phoenix Sky Harbor Airport, With Immediate Access to I-10 & I-17. URBAN LIFESTYLE ACCESS: Minutes From Hiking at South Mountain & Papago Park, Plus Immediate Access to the Scenic Trails of the Rio Salado Habitat Restoration Area. TRANSIT-ORIENTED CONNECTIVITY: A Short Distance (0.2 Miles) to the Nearest Valley Metro Bus Stop. PLEASE DO NOT DISTURB TENANTS.

2435 W Yuma Street, Phoenix

Courtesy of ABI Multifamily. 602-714-1400 Selling Office: Superlative Realty.

$575,000
6 Beds ⋅ 3 Baths ⋅ 7029468 MLS
Discover this rare gem--a fully remodeled duplex with 2 detached homes, offering both comfort and exceptional investment potential! Conveniently located along the SR 51 corridor, this property is just 6 minutes from the airport and 10 minutes from Downtown Phoenix, nestled in the reviving east Coronado neighborhood. With a combined 2,285 square feet, this property includes: A spacious 4-bedroom, 2-bathroom main house (1,570 sqft). A 2-bedroom, 1-bathroom guest house (715 sqft) featuring its own kitchen, laundry hook ups, and private entryway--perfect for Airbnb or long-term rental.

1934 E Monte Vista Road, Phoenix

Courtesy of Real Broker. 602-755-3415

$699,000
4 Beds ⋅ 4 Baths ⋅ 7029061 MLS
Turnkey Furnished Phoenix Duplex | Proven Income-Producing Investment | No HOA Opportunity meets flexibility at 4201 E Almeria Rd, a fully furnished duplex already operating as a successful short-term rental with an impressive 4.79-star guest rating and 94.4% five-star reviews. Whether you're expanding your investment portfolio, looking for a house-hack opportunity, or seeking a property that can generate income from day one, this one is ready to perform. The property features two separate residences, including a 2-bedroom, 2-bath unit and a 2-bedroom, 1-bath unit, currently configured for room-by-room rentals to maximize income potential. Continue the existing short-term rental model or adapt it for Airbnb, VRBO, corporate housing, traveling medical professionals, seasonal visitors, mid-term rentals, or traditional long-term tenants. Sold fully furnished, the property includes all furniture, appliances, refrigerators, washers, dryers, and household essentials, making for a seamless transition with minimal startup costs. Major capital improvements provide additional peace of mind, including Unit 1 HVAC (2021), Unit 2 HVAC (2022), Unit 1 water heater (2023), Unit 2 water heater (2021), along with additional interior updates and light remodeling throughout. Location is another standout feature. Situated just minutes from Phoenix Sky Harbor International Airport, Downtown Phoenix, Old Town Scottsdale, Tempe, Arizona State University, major hospitals, business corridors, Cactus League Spring Training, entertainment, shopping, dining, golf, and convenient freeway access, this property consistently appeals to both business and leisure travelers. With no HOA, proven rental history, flexible income strategies, and a location that remains in demand year-round, this is a rare opportunity for investors, owner-occupants, or multi-generational living. Continue operating as a successful furnished rental or tailor it to your investment goals--the choice is yours.

4201 E Almeria Road Unit 1, Phoenix

Courtesy of Realty ONE Group. 480-285-0000

$450,000
7028424 MLS
Great duplex investment opportunity near Downtown Phoenix! Two-unit property with easy access to I-17, I-10, and Sky Harbor Airport. Perfect for investors or owner-occupants. Convenient location close to restaurants, schools, shopping, and public transportation.

1638 S 5th Street, Phoenix

Courtesy of Keller Williams Integrity First Realty. 480-854-2400 Selling Office: eXp Realty.

$519,999
5 Beds ⋅ 3 Baths ⋅ 7026854 MLS
Back and better than ever with a brand-new roof and major upgrades throughout! Welcome to 2828 E Chipman Rd in Phoenix -- a rare duplex opportunity offering updated living space and excellent investment potential. The front unit spans approximately 1,700 square feet and has been recently remodeled with 3 bedrooms, 2 bathrooms, a stunning new kitchen with modern finishes, fresh carpet throughout, and a spacious, move-in-ready layout. The AC unit was replaced in 2021 for added peace of mind. The back unit offers approximately 1,000 square feet with 2 bedrooms and 1 bathroom, making it ideal for rental income, multigenerational living, or additional flexibility. Whether you are looking to live in one unit while leasing the other or searching for a turnkey investment property, this duplex offers exceptional versatility and value. Located in Phoenix's desirable South Mountain area, the property provides easy access to I-10 and Loop 202, making commuting throughout the Valley simple and convenient. Just minutes from Downtown Phoenix, residents can enjoy nearby dining, entertainment, and cultural attractions, including Papago Park, the Phoenix Zoo, Desert Botanical Garden, Heritage Square, the Rosson House Museum, and the Arizona Science Center.

2828 E Chipman Road, Phoenix

Courtesy of Barrett Real Estate. 480-864-2100

$389,000
7025380 MLS
No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

1716 W Hadley Street, Phoenix

Courtesy of Fathom Realty. 877-661-1977 Selling Office: Apex Residential.

$480,500
4 Beds ⋅ 2 Baths ⋅ 7025341 MLS
Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current leases expire 12/31/2026 and 10/31/2027, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.

5206 S 11th Avenue, Phoenix

Courtesy of Fathom Realty. 877-661-1977

$800,000
6 Beds ⋅ 2 Baths ⋅ 7025032 MLS
Duplex featuring two units, each with 2 bedrooms and 1 bathroom. Both units are occupied.

3601 W Maricopa Street, Phoenix

Courtesy of HomeSmart. 602-230-7600

$649,000
4 Beds ⋅ 2 Baths ⋅ 7024741 MLS
Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.

1809 N 42nd Street, Phoenix

Courtesy of SERHANT.. 480-703-4085

$450,000
4 Beds ⋅ 2 Baths ⋅ 7023236 MLS
Well-located duplex featuring two 2-bedroom, 1-bath units in one of the Valley's most accessible non-HOA corridors, just minutes from Arcadia, Old Town Scottsdale, Downtown Phoenix & Arizona State University. Each unit offers a functional great room layout, eat-in kitchen, and private living with separate entrances, individual indoor laundry & fully fenced backyards with artificial turf. Interiors include remodeled kitchens & baths, with updated cabinetry, countertops & appliances. Major system updates add long-term value, including a newer roof (approx. 2 years), replaced electrical panel & dual water heaters in 2019. The property features a shared 2-car carport with dedicated storage for each unit. Ideal for owner-occupants, investors, or multi-generational... ...living, this duplex combines strong location, practical layout, and key capital improvements in a high-demand rental area. We've got preliminary numbers through a local lender for a DSCR loan, ask as what we've seen in terms of qualification and cash flow options!

1707 N 42nd Street, Phoenix

Courtesy of Real Broker. 602-451-4975 Selling Office: eXp Realty.

$749,000
6 Beds ⋅ 6 Baths ⋅ 7022329 MLS
Experience modern living in this innovative 2024 duplex, crafted from high-quality shipping containers. This home is currently a short-term rental. Income docs are available. Its sleek industrial charm merges with contemporary aesthetics, boasting 3 bedrooms, 2.5 bathrooms, and 1442 sq ft per unit. Enjoy engineered wood floors, fully spray-insulated walls, and a spacious layout spread over two stories. The open-plan first floor seamlessly integrates the living area and kitchen, while upstairs, three generously sized bedrooms and two bathrooms are flooded with natural light. Outside, landscaped grounds offer ample space for Arizona outdoor living. This eco-friendly property pioneers sustainable design, offering a unique opportunity to embrace the future of residential living.

9624 N 16th Avenue, Phoenix

Courtesy of LRA Real Estate Group, LLC. 480-526-5644

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