Modern
For Sale
$489,900
1732 E WOOD Street, Phoenix, AZ 85040
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market119
Property Features for 1732 E WOOD Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R3
Bedrooms
5
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 1, Bedroom 3, Bathroom 2, Bedroom 5, Bathroom 1, Bathroom 3, Bedroom 2, Bedroom 4
Parking features
Carport
Appliances
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Subdivision
BELMONT PARK
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
122-19-046
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4284
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Varies by Unit, Heat Pump, Central Air, Ceiling Fan(s)
Building Details
Year built
2023
Number of units
2
Flooring type
Carpet, Tile
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: Sep 24
Last Checked: Oct 6 at 5:06PM
MLS# 7039988
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 in Phoenix is configured as two leased residences and carries R3 zoning. Both units feature wood-look tile flooring, Samsung stainless appliances, 42-inch espresso cabinetry, 2-inch wood blinds, and updated interior finishes. Each residence also includes washer and dryer hookups, while cooling varies by unit and includes heat pump, central air, and ceiling fan systems.
The property is fully leased, with tenants responsible for their own electric service. Ownership covers water and sewer through the public sewer system. A 7% cap rate is reported, and the property includes carport parking, composition roofing, wood-frame and stucco construction, and electric heating. The asset is located at 1732 E WOOD Street in Phoenix, Arizona 85040.
The property is fully leased, with tenants responsible for their own electric service. Ownership covers water and sewer through the public sewer system. A 7% cap rate is reported, and the property includes carport parking, composition roofing, wood-frame and stucco construction, and electric heating. The asset is located at 1732 E WOOD Street in Phoenix, Arizona 85040.
Key Highlights
- Duplex with 2 leased residences
- R3 zoning in Phoenix, AZ
- 7% cap rate
Property Analytics
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Current Use
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
338
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
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Duplex - Fully leased R3 property with contemporary finishes, separate electric billing, and carport parking.
Where is this duplex located?
The property is located at 1732 E 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: Duplex with 2 leased residences; R3 zoning in Phoenix, AZ; 7% cap rate
