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    1723 N 42Nd St Phoenix, AZ 85008

    For Sale
    $559,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    53
    Last Refresh:
    Dec 6 at 7:06 pm

    Property Features for 1723 N 42Nd St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-3
    Rooms
    Bedroom 3, Bathroom 1, Bathroom 2, Bedroom 2, Bedroom 1, Bedroom 4
    Bedrooms
    4
    APN
    126-07-072
    Parking features
    On Street
    Appliances
    Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Ceiling Fan(s), Electric

    Building Details

    Year built
    1960
    Number of units
    2
    Flooring type
    Vinyl
    Building materials
    Wood Frame, Painted, Block
    Roof type
    Composition

    HomeSmart (602) 230-7600 [email protected]

    Listing agent Michael Fuller (864) 616-3572

    Listing date Oct 15, 2025

    MLS# 6916491 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Cash Flowing Duplex Opportunity

    This is an opportunity to own a cash flowing duplex with tenants in place. Leases run through August 1st and August 15th, 2026. The property was renovated in late 2022, which included new A/C units for both apartments. Further renovations include new interior and exterior paint, baseboards, countertops, appliances and an exterior security gate. A new, custom gate was installed in the back unit along with a new fence. A new roof was installed in August of 2025. Both units pay $1395/month. The property is located in Phoenix, Arizona, within Maricopa County. The zoning is R-3.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -111.991097
    Latitude
    33.467692

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    FAQs

    What type of property is this?
    Duplex - Renovated duplex with tenants in place, leases through 2026.
    Where is this duplex located?
    The property is located at 1723 N 42Nd St Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $559,000.
    What are key features of this property?
    This property features: - Cash-flowing duplex with tenants in place; - Leases in place through August 2026; - New roof installed in August 2025
    (864) 616-3572
    Request Owner's contact information
    1723 N 42Nd St Phoenix, AZ 85008
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1723 N 42Nd St Phoenix, AZ 85008
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