2025 Duplex with In-Unit
1845 E ILLINI Street Phoenix, AZ 85040
1845 E ILLINI Street, Phoenix, AZ, 85040
$499,900
For Sale
$499,900
MULTI_FAMILY - Phoenix, AZ
Days on Market44
Property Features for 1845 E ILLINI Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3
- Bedrooms
- 5
- Rooms
- Bathroom 2, Bathroom 3, Bedroom 3, Bedroom 5, Bedroom 2, Bathroom 1, Bedroom 1, Bedroom 4
- Parking features
- Carport
- Appliances
- Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
- Standard status
- Active
- APN
- 122-32-090
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4228
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Heat Pump, Central Air, Ceiling Fan(s)
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Tile, Carpet
- Building materials
- Wood Frame, Stucco
- Roof type
- Composition
Listing agency
RE/MAX Excalibur
(480) 355-3500
Listed by
Dean Selvey · License #SA020464000
(480) 254-6444
Added: Jun 10 Updated: Jul 9 at 4:34AM Checked: Jul 23 at 10:06AM
MLS# 7040008
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This 2025-built duplex offers two residential units in very good condition. The property is described as fully rented and stabilized. Interior finishes and features include tile floors, Samsung appliances, 2-inch wood blinds, and 42-inch espresso cabinets. The listing also notes that tenants pay their own electricity on time, while the landlord pays water and sewer, with the current occupancy operating as an income-producing asset.
Located in Phoenix, AZ 85040, the duplex is identified as being in an Opportunity Zone. The listing indicates “lots of parking” and highlights an adjacent opportunity: the duplex at 1728 next door is referenced, and the property can be purchased as a 4-plex.
For investors or buyers seeking workforce-oriented rental housing, this duplex presents a turnkey setup based on the information provided, including full occupancy and the stated tenant utility responsibilities. With the option to expand to a 4-plex by purchasing the neighboring property, it may also appeal to buyers looking to consolidate rental inventory under one ownership structure.
Located in Phoenix, AZ 85040, the duplex is identified as being in an Opportunity Zone. The listing indicates “lots of parking” and highlights an adjacent opportunity: the duplex at 1728 next door is referenced, and the property can be purchased as a 4-plex.
For investors or buyers seeking workforce-oriented rental housing, this duplex presents a turnkey setup based on the information provided, including full occupancy and the stated tenant utility responsibilities. With the option to expand to a 4-plex by purchasing the neighboring property, it may also appeal to buyers looking to consolidate rental inventory under one ownership structure.
Key Highlights
- 2025‑built duplex under construction with a fully rented, stabilized setup
- Includes built‑in range, electric oven, microwave, refrigerator, dishwasher, disposal, and W/D hookup
- Central air with heat pump cooling and electric heating, plus ceiling fans
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Duplex - Newer duplex in an Opportunity Zone with tile finishes, Samsung appliances, and multiple off-street parking spaces.
Where is this duplex located?
The property is located at 1845 E ILLINI Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2025‑built duplex under construction with a fully rented, stabilized setup; Includes built‑in range, electric oven, microwave, refrigerator, dishwasher, disposal, and W/D hookup; Central air with heat pump cooling and electric heating, plus ceiling fans
