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2023-Built Duplex Investment

1728 East Wood Street Phoenix, AZ 85040

1728 East Wood Street, Phoenix, AZ, 85040
$489,900
Pending
For Sale
$489,900
Pending

Newer duplex built in 2023 and fully rented, with tenants paying electricity and landlord covering water and sewer.

Days on Market44

Property Features for 1728 East Wood Street

General Information

Standard status
Pending
Property subtype
Multiple Dwellings

Building Details

Year Built
2025
Listing agency RE/MAX Excalibur
Listed by Dean Selvey · License #SA020464000
Source Compass
Added: Jun 10 Updated: Jul 21 at 2:31AM Checked: Jul 22 at 6:15AM

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 RE/MAX Excalibur


Investment Insights

Based on property information with market context.

Built in 2023, this duplex is in very good condition and is fully rented and stabilized. The property generates reported $34,000 in income and is described as producing a 7% CAP rate. Tenants pay electricity on time, while the landlord pays water and sewer. Interior finishes include tile floors, and the units are equipped with Samsung appliances, 2-inch wood blinds, and 42-inch espresso cabinets.

Located at 1728 East Wood Street in Phoenix, AZ 85040, the duplex is noted as being in an Opportunity Zone. The listing also states the property has lots of parking and can be purchased alongside the neighboring asset at 1732 next door, potentially allowing assembly as a 4-plex.

Key Highlights

  • Newer 2‑unit duplex built in 2023 (wood frame, stucco) and fully rented
  • Tenants pay their electricity; landlord pays water and sewer
  • Interior includes tile and carpet flooring, Samsung appliances, and 42" espresso cabinets

Property Analytics

Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Law Firm Real Estate Agency Spa & Massage Center Pharmacy Nail Salon (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Accounting Firm Cafe & Coffee Shop

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

FAQs

What type of property is this?
Duplex - Newer duplex built in 2023 and fully rented, with tenants paying electricity and landlord covering water and sewer.
Where is this duplex located?
The property is located at 1728 East Wood Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $489,900.
What are key features of this property?
This property features: Newer 2‑unit duplex built in 2023 (wood frame, stucco) and fully rented; Tenants pay their electricity; landlord pays water and sewer; Interior includes tile and carpet flooring, Samsung appliances, and 42" espresso cabinets
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