Duplex with Modern
For Sale
$489,900
1732 E WOOD Street, Phoenix, AZ 85040
MULTI_FAMILY - Phoenix, AZ
Property SizeContact for details
Days on Market74
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
Bathroom 1, Bedroom 1, Bathroom 3, Bedroom 5, Bedroom 4, Bedroom 3, Bathroom 2, Bedroom 2
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
Ceiling Fan(s), Central Air, Heat Pump
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: Aug 17
Last Checked: Aug 22 at 2:06PM
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 was built in 2023 and is maintained in excellent condition, offering a straightforward live-in-and-earn setup with one unit option while the other unit provides rental support. The property is fully leased, with tenants paying their own electric. The landlord pays water and sewer. Interior finishes include wood-look tile flooring, tile and carpet flooring, and modern updates throughout.
The home is set up for comfortable year-round living with central air, a heat pump, and ceiling fans. Appliances include Samsung stainless appliances and a built-in range, dishwasher, refrigerator, built-in electric oven, and microwave, along with washer/dryer hookup. A carport provides on-site parking. The property is also located in a designated Opportunity Zone.
For buyers evaluating financing options, the offering is presented as eligible for FHA, VA, conventional, cash, or a 1031 exchange. The current return is described as a 7% cap rate.
The home is set up for comfortable year-round living with central air, a heat pump, and ceiling fans. Appliances include Samsung stainless appliances and a built-in range, dishwasher, refrigerator, built-in electric oven, and microwave, along with washer/dryer hookup. A carport provides on-site parking. The property is also located in a designated Opportunity Zone.
For buyers evaluating financing options, the offering is presented as eligible for FHA, VA, conventional, cash, or a 1031 exchange. The current return is described as a 7% cap rate.
Key Highlights
- Duplex built in 2023 with modern interior finishes
- R3 zoning and designated Opportunity Zone location
- Fully leased setup with tenants paying their own electric
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
100%
Occupancy
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - R3-zoned duplex built in 2023, fully leased, with tenants paying electric and the landlord covering water and sewer.
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 built in 2023 with modern interior finishes; R3 zoning and designated Opportunity Zone location; Fully leased setup with tenants paying their own electric
