2025 Duplex with In-Unit
1845 E ILLINI Street Phoenix, AZ 85040
For Sale
$499,900
MULTI_FAMILY - Phoenix, AZ
Days on Market49
Property Features for 1845 E ILLINI Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Property condition
Under Construction
Zoning
R3
Bedrooms
5
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 5, Bedroom 2, Bedroom 4, Bathroom 3, Bedroom 3
Parking features
Carport
Appliances
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Standard status
Active
APN
122-32-090
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4228
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Ceiling Fan(s), Heat Pump, Central Air
Building Details
Year built
2025
Number of units
2
Flooring type
Carpet, Tile
Building materials
Wood Frame, Stucco
Roof type
Composition
Listing Agency:
RE/MAX Excalibur
(480) 355-3500
Listed By:
Dean Selvey · License #SA020464000
(480) 254-6444
Added: Jun 10
Changed: Jul 28
Last Checked: Jul 28 at 4:06AM
MLS# 7040008
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 2025-built duplex offers two residential units in very good condition. The property is described as fully rented and stabilized. Interior finishes and features include tile floors, Samsung appliances, 2-inch wood blinds, and 42-inch espresso cabinets. The listing also notes that tenants pay their own electricity on time, while the landlord pays water and sewer, with the current occupancy operating as an income-producing asset.
Located in Phoenix, AZ 85040, the duplex is identified as being in an Opportunity Zone. The listing indicates “lots of parking” and highlights an adjacent opportunity: the duplex at 1728 next door is referenced, and the property can be purchased as a 4-plex.
For investors or buyers seeking workforce-oriented rental housing, this duplex presents a turnkey setup based on the information provided, including full occupancy and the stated tenant utility responsibilities. With the option to expand to a 4-plex by purchasing the neighboring property, it may also appeal to buyers looking to consolidate rental inventory under one ownership structure.
Located in Phoenix, AZ 85040, the duplex is identified as being in an Opportunity Zone. The listing indicates “lots of parking” and highlights an adjacent opportunity: the duplex at 1728 next door is referenced, and the property can be purchased as a 4-plex.
For investors or buyers seeking workforce-oriented rental housing, this duplex presents a turnkey setup based on the information provided, including full occupancy and the stated tenant utility responsibilities. With the option to expand to a 4-plex by purchasing the neighboring property, it may also appeal to buyers looking to consolidate rental inventory under one ownership structure.
Key Highlights
- 2025‑built duplex under construction with wood frame and stucco construction
- Heating and cooling include electric HVAC, heat pump, central air, and ceiling fans
- Includes built‑in range, built‑in electric oven, microwave, dishwasher, refrigerator, disposal, and W/D hookup
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Newer duplex in an Opportunity Zone with tile finishes, Samsung appliances, and multiple off-street parking spaces.
Where is this duplex located?
The property is located at 1845 E ILLINI Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $499,900.
What are key features of this property?
This property features: 2025‑built duplex under construction with wood frame and stucco construction; Heating and cooling include electric HVAC, heat pump, central air, and ceiling fans; Includes built‑in range, built‑in electric oven, microwave, dishwasher, refrigerator, disposal, and W/D hookup
