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Updated Masonry Duplex
For Sale
$412,000

1235 East Wood Street, Phoenix, AZ 85040

Tenant-occupied duplex with refreshed electric heating and cooling systems, private outdoor areas, and functional unit layouts.

Property SizeContact for details
Days on Market190

Property Features for 1235 East Wood Street

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-4

Units

Unit Mix 2 x 3BR/2BA
Multifamily Units 2

Taxes and HOA fees

Annual Taxes $754

Amenities

ceiling fans
large front patio
private side and backyard spaces
Ceiling Fan(s), Electric
Electric
Ceramic Tile
Yes
6
4
Composition
No Pool
1
2
Painted, Block

Building Details

Year Built 2003
Buildings 1
Construction masonry
Listing Agency: Redfin Corporation
Listed By: Hai Kim Bigelow · License #SA559566000
Source: Compass
Added: Feb 26 Changed: Sep 2 Last Checked: Sep 2 at 11:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Redfin Corporation

Investment Insights

Based on property information with market context.

This masonry duplex was built in 2003 and contains two residential units, each measuring approximately 1,120 square feet with three bedrooms and two full bathrooms. Both interiors feature ceramic tile flooring, ceiling fans throughout, and open great-room layouts. The L-shaped kitchens include refrigerators, stove/ovens, and garbage disposals, with all-electric systems serving each unit.

Both units received new electric air-conditioning and heating systems in 2025, and one water heater has also been replaced. Exterior features include a broad front patio plus private side and rear outdoor areas. The property is tenant occupied and located near schools, retail shops, and hiking trails. Zoning is R-4.

Key Highlights

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

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 duplex with refreshed electric heating and cooling systems, private outdoor areas, and functional unit layouts.
Where is this duplex located?
The property is located at 1235 East 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 property built in 2003; Each unit is approximately 1,120 sq ft with 3 beds and 2 full baths; New electric A/C and heating systems installed for both units in 2025
More about this property
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