Modern-Finish
For Sale
$499,900
1845 E ILLINI Street, Phoenix, AZ 85040
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market115
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
Bathrooms
3
Full bathrooms
3
Rooms
Bedroom 3, Bedroom 5, Bathroom 1, Bathroom 2, Bedroom 4, Bathroom 3, Bedroom 2, Bedroom 1
Parking features
Carport
Appliances
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Subdivision
PROGRESS PLACE
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
122-32-090
Taxes and HOA fees
Tax Year
2026
Tax Annual Amount
4228
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Varies by Unit, Ceiling Fan(s), Central Air, Heat Pump
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 · RE/MAX International
(480) 355-3500
Listed By:
Dean Selvey · License #SA020464000
(480) 254-6444
Added: Jun 10
Changed: Sep 24
Last Checked: Oct 2 at 1:06PM
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 includes two residential units with wood-look tile, carpet, 42-inch espresso cabinetry, 2-inch wood blinds, and contemporary interior finishes. Kitchens are equipped with Samsung stainless appliances, including built-in ranges, electric ovens, refrigerators, dishwashers, disposals, and microwaves. Washer and dryer hookups are also provided.
The property is served by public sewer and includes carport parking. Each unit has electric heating, while cooling features vary by unit and include central air, ceiling fans, and heat pumps. Tenants pay their own electric service. Zoned R3, the property is positioned as both a two-unit residence and an income-producing asset, with a stated 7% cap rate.
The property is served by public sewer and includes carport parking. Each unit has electric heating, while cooling features vary by unit and include central air, ceiling fans, and heat pumps. Tenants pay their own electric service. Zoned R3, the property is positioned as both a two-unit residence and an income-producing asset, with a stated 7% cap rate.
Key Highlights
- 2025‑built duplex with two residential units
- 42‑inch espresso cabinetry and 2‑inch wood blinds
- Samsung stainless kitchen appliances in each unit
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
401
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Two-unit residential property with contemporary finishes, carport parking, and tenant-paid electric service.
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 with two residential units; 42‑inch espresso cabinetry and 2‑inch wood blinds; Samsung stainless kitchen appliances in each unit
