Duplex with Modern
For Sale
$499,900
1845 E ILLINI Street, Phoenix, AZ 85040
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market91
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
Bathrooms
3
Full bathrooms
3
Rooms
Bathroom 1, Bedroom 5, Bedroom 3, Bedroom 4, Bathroom 3, Bedroom 1, Bathroom 2, Bedroom 2
Parking features
Carport
Appliances
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Subdivision
PROGRESS PLACE
Elementary school
Percy L Julian School
Middle school
Percy L Julian School
High school
South Mountain High School
Elementary school district
Roosevelt Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
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
Ceiling Fan(s), Heat Pump, Central Air
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 · RE/MAX International
(480) 355-3500
Listed By:
Dean Selvey · License #SA020464000
(480) 254-6444
Added: Jun 10
Changed: Aug 28
Last Checked: Sep 8 at 1:06AM
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 duplex contains two units with contemporary interior finishes, including wood-look tile, carpet, 42-inch espresso cabinetry, 2-inch wood blinds, and Samsung stainless appliances. Each unit includes a built-in range, electric oven, microwave, refrigerator, dishwasher, disposal, and washer-dryer hookup. Central air, heat pumps, ceiling fans, and electric heating serve the property.
Built in 2025, the structure uses wood-frame and stucco construction with a composition roof. On-site carport parking is provided, and each unit's tenants pay their own electric service. The property is connected to public sewer and carries R3 zoning.
The offering reflects a 7% cap rate and includes built-in appliances and modern residential finishes across both units.
Built in 2025, the structure uses wood-frame and stucco construction with a composition roof. On-site carport parking is provided, and each unit's tenants pay their own electric service. The property is connected to public sewer and carries R3 zoning.
The offering reflects a 7% cap rate and includes built-in appliances and modern residential finishes across both units.
Key Highlights
- Duplex with two separate units
- Built in 2025 with wood‑frame and stucco construction
- R3 zoning and public sewer connection
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
401
Businesses Nearby
Explore this area
Business Placement
Demographics for 85040, AZ
33,993
Population
11,962
Households
2.8
Avg Household Size
30
Median Age
15%
College-Educated
69%
High-School Grad
10.1 sq mi
ZIP Area
3,366
Density / Sq Mi
$57,890
Median Household Income
$36,355
Median Earnings
$1,193
Median Rent
$294,800
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Two separate units feature contemporary interiors, stainless appliances, private electric responsibility, and on-site covered parking.
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: Duplex with two separate units; Built in 2025 with wood‑frame and stucco construction; R3 zoning and public sewer connection
