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Block Duplex with New HVAC
For Sale
$412,000

1235 E WOOD Street, Phoenix, AZ 85040

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market181

Property Features for 1235 E WOOD Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-4
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 3, Bathroom 1, Bedroom 5, Bedroom 6, Bathroom 3, Bedroom 2, Bedroom 4
Appliances Free-Standing Range, Disposal, Refrigerator, Free-Standing Electric Oven, W/D Hookup
Subdivision CENTERGROVE TRACT 1 THROUGH 16
Elementary school Irene Lopez School
Middle school Irene Lopez 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
Directions From 7th St. go East on Broadway Rd. Turn L on S 12th St. R on E Wood St. The property is on the right.
Standard status Active
APN 113-25-011-D

Taxes and HOA fees

Tax Year 2025
Tax Description CENTERGROVE TRACT MCR 18-7 LOT 10 EX W 76F & EX E 150F
Tax Annual Amount 754
Legal Description CENTERGROVE TRACT MCR 18-7 LOT 10 EX W 76F & EX E 150F

Utilities

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

Building Details

Year built 2003
Number of units 2
Flooring type Tile - Ceramic
Building materials Painted, Block
Roof type Composition
Listing Agency: Redfin Corporation
Listed By: Hai Kim Bigelow · License #SA559566000
Added: Feb 26 Changed: Aug 25 Last Checked: Aug 26 at 11:06AM
MLS# 6989977

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.

Built in 2003, this masonry duplex contains two residences, each offering approximately 1,120 square feet with three bedrooms and two full bathrooms. Ceramic tile extends throughout both units, complemented by ceiling fans and open great-room layouts. Each kitchen has an L-shaped configuration with a refrigerator, range, oven, garbage disposal, and washer/dryer hookups. All-electric systems support the property, including brand-new 2025 electric A/C and heating systems serving both units and one new water heater. Outdoor features include a broad front patio plus separate side and rear spaces. The property is tenant occupied and situated near schools, shops, and hiking trails in Phoenix. R-4 zoning and public sewer service are also in place.

Key Highlights

  • Two‑unit masonry duplex built in 2003
  • Each unit is approximately 1,120 sq ft with 3 beds and 2 full baths
  • Brand‑new 2025 electric A/C and heating systems for both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Spa & Massage Center Restaurant Hair Salon Gym & Fitness Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

399
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Tenant-occupied two-unit property with private outdoor areas and practical, low-maintenance interiors.
Where is this duplex located?
The property is located at 1235 E WOOD Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $412,000.
What are key features of this property?
This property features: Two‑unit masonry duplex built in 2003; Each unit is approximately 1,120 sq ft with 3 beds and 2 full baths; Brand‑new 2025 electric A/C and heating systems for both units
More about this property
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