For Sale Multi-Family MLS# 7042693

1301 E DURANGO Street

Phoenix, AZ 85034

$714,800

About 1301 E DURANGO Street

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.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1936
Original price
$756,847
MLS #
7042693

Interior

Features
Central Air, Ceiling Fan(s), Electric, Central, Ceramic Tile, Vinyl, Concrete
Flooring
Ceramic Tile, Vinyl, Concrete
Heating
Central
Cooling
Central Air, Ceiling Fan(s), Electric

Exterior & lot

Features
Free, Add'l Parking Avail, >1 Space Per Unit, Carport, Parking spaces: 8
Construction
Painted, Stucco, Block, Composition
Roof
Composition
Lot
R-2, 11537041A
Parking
Free, Add'l Parking Avail, >1 Space Per Unit, Carport

Schools

District
Phoenix Elementary District
Elementary
Silvestre S Herrera School
Middle
Silvestre S Herrera School
High
North High School

Utilities

Utilities
Public Sewer, City Franchise
Water
City Franchise
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$1,932
Tax year
2025
Parcel
11537041A

Location

Subdivision
HILTON PLACE
County
Maricopa
Neighborhood
Wesley Community Center
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
Directions
From I-10, take the 16th St exit and head north. Turn left (west) on Durango St. Property is located on the northwest corner of Durango St and 14th St.

Location

Neighborhood
Wesley Community Center
Subdivision
HILTON PLACE
School district
Phoenix Elementary District

Ask about this property

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Listed by Josiah Miller, West USA Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.