1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
1732 E WOOD Street, Phoenix, AZ 85040
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Justin Baker

Justin Baker

+1(480) 903-2073
$ 489,900
Est. payment | /mo
Save
$ 489,900
Est. payment | /mo
Save

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Belmont Park

MLS Listing ID 7039988

Maintenance Fees $200

Year Built 2025

Annual Tax Amount $4,284

Tax Year 2026

Lot Dimensions 7353 SF

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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

Location

State AZ

County Maricopa

Community Belmont Park

Area Maricopa

Zoning R3

Interior

Heating Electric

Cooling Central Air, Ceiling Fan(s), Heat Pump, Individual

Flooring Carpet

Appliance Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup

Exterior

Parking Features Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water City Franchise

New Construction Yes

Schools

Elementary Schools Percy L Julian School

Middle Schools Percy L Julian School

High Schools South Mountain High School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 122-19-046

Acceptable Financing Conventional, 1031 Exchange

Disclosures None

Listing Terms Conventional, 1031 Exchange

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by RE/MAX Excalibur • Dean Selvey

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Justin Baker
Justin Baker

Agent

+1(480) 903-2073

25 S Arizona Pl, Suite 210, Chandler, AZ, 85225, USA

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1732 E WOOD Street