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    2023 Duplex Income Property Title is generated by Realmo AI

    1728 E WOOD Street, Phoenix, AZ 85040

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    Claim this Listing
    For Sale
    $489,900

    MULTI_FAMILY - Phoenix, AZ

    Added:
    Jun 10, 2026
    Days on Market:
    18
    Last Refresh:
    Jun 27 at 3:06 pm

    Property Features for 1728 E WOOD Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Zoning
    R3
    Bedrooms
    5
    Rooms
    Bedroom 4, Bathroom 3, Bedroom 5, Bathroom 2, Bedroom 2, Bedroom 3, Bathroom 1, Bedroom 1
    Parking features
    Carport
    Appliances
    Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
    Standard status
    Active
    APN
    122-19-044

    Taxes and HOA fees

    Tax Year
    2026
    Tax Annual Amount
    4284

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Heat Pump, Ceiling Fan(s), Central Air

    Building Details

    Year built
    2025
    Number of units
    2
    Flooring type
    Tile, Carpet
    Building materials
    Wood Frame, Stucco
    Roof type
    Composition

    We can help!

    Contact an agent
    Dean Selvey
    Dean Selvey

    Listing agent Dean Selvey License #SA020464000

    Listing office RE/MAX Excalibur 15160 N Hayden Road, Suite 205, Scottsdale, AZ

    Listing date Jun 10, 2026

    MLS# 7039986 Listing URL

    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.


    Overview

    Built in 2023, this duplex income property is in very good condition and is fully rented and stabilized. The units include tile floors, Samsung appliances, 2-inch wood blinds, and 42-inch espresso cabinets. The seller notes lots of parking. Under the current rent structure, tenants pay their electricity, while the landlord pays water and sewer.

    The property is located at 1728 E Wood Street in Phoenix, AZ 85040, within R3 zoning. The listing also references an Opportunity Zone designation. For additional scale, the offering notes that the property at 1732 E Wood Street next door can be considered as part of a potential 4-plex acquisition.

    This is a practical fit for investors seeking an occupied, workforce-oriented housing setup with straightforward utility responsibilities. The listing states the property generates approximately $34,000 in income and is trading at a 7% cap rate. Tenants are described as paying on time, and the units are presented as turnkey with appliances and interior finishes already in place.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Pharmacy Skin Care Clinic Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.043575
    Latitude
    33.408848

    FAQs

    What type of property is this?
    Duplex - Fully rented 2023-built duplex with tenant-paid electricity and landlord-paid water and sewer.
    Where is this duplex located?
    The property is located at 1728 E WOOD Street Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $489,900.
    More about this property
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