1732 E WOOD Street, Phoenix AZ 85040
$489,900
Brokerage: Ivy Realty(623) 299-4954
1 / 10Home facts
- Price
- $489,900
- Status
- Active
- Beds
- 5
- Baths
- 3
- Year built
- 2023
- Type
- F
- Pool
- No
- Water
- City Franchise
- Sewer
- Sewer - Public
- Subdivision
- BELMONT PARK
- MLS #
- 7039988
Listed by RE/MAX Excalibur · 480-355-3500
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
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.
Features
Roof
Composition
Sewer
Sewer - Public
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Heating
Electric
Electric
SRP, Individual Meter
Flooring
Tile, Carpet
WaterSource
City Franchise
ParkingFeatures
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
CommunityFeatures
No Pool
ConstructionMaterials
Wood Frame, Stucco
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 1418 E LA SALLE Street | Sep 29, 2026 | $170,000 | 2/1 | 804 | JM Realty |
| 2242 E CHIPMAN Road | Sep 29, 2026 | $300,000 | 3/1 | 1,036 | Compass |
| 1707 E ILLINI Street | Sep 27, 2026 | $245,000 | 2/1 | 1,080 | H & H Management Inc |
| 1732 E ATLANTA Avenue | Sep 24, 2026 | $340,000 | 4/2 | 1,120 | Arizona 1st Land & Home RE Co |
| 1818 E GROVE Street | Sep 21, 2026 | $407,500 | 3/2 | 1,671 | Prime House LLC |
| 4451 S 20TH Street | Sep 10, 2026 | $277,000 | 3/1 | 980 | Opendoor Brokerage, LLC |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:33 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).