1732 E Wood Street, Phoenix, AZ 85040

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate BloomTree Realty
1732 E Wood Street,Phoenix, AZ 85040
$489,900
  • 5 Beds
  • 3 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by: dean selvey
Office: re/max excalibur
MLS#:7039988
Source:ARMLS

Price summary

  • Price:$489,900

About this home

Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this low-maintenance

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Home facts

  • Year built:2023
  • Subdivision & Development:BELMONT PARK
  • Listing ID #:7039988
  • Updated:August 13, 2026 at 03:07 PM

Rooms and interior

  • Bedrooms:5
  • Total bathrooms:3
  • Flooring:Carpet, Tile

Heating and cooling

  • Cooling:Ceiling Fan(s), Heat Pump, Individual Cooling
  • Heating:Electric
  • Central air:Yes

Structure and exterior

  • Year built:2023
  • Construction Materials:Stucco

Schools

  • High school:South Mountain High School
  • Middle school:Percy L Julian School
  • Elementary school:Percy L Julian School

Utilities

  • Water:City Franchise

Finances and disclosures

  • Price:$489,900
  • Tax amount:$4,284 (2026)

Parking

  • Total parking spaces:4
  • Parking description:Additional Parking Available, Carport, More Than 1 Parking Space/Unit
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

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