1905 E ILLINI Street, Phoenix, AZ 85040
MULTI_FAMILY - Phoenix, AZ
- Added:
- Jun 10, 2026
- Days on Market:
- 3
- Last Refresh:
- Jun 12 at 10:06 pm
Property Features for 1905 E ILLINI Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Zoning
- R3
- Bedrooms
- 5
- Rooms
- Bedroom 3, Bedroom 5, Bathroom 1, Bedroom 4, Bedroom 1, Bathroom 3, Bedroom 2, Bathroom 2
- Parking features
- Carport
- Appliances
- Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
- Standard status
- Active
- APN
- 122-32-091
Taxes and HOA fees
- Tax Year
- 2026
- Tax Annual Amount
- 4228
Utilities
- Sewer type
- Public Sewer
- Heating system
- Electric (Heating)
- Cooling system
- Heat Pump, Ceiling Fan(s), Central Air
Building Details
- Year built
- 2025
- Number of units
- 2
- Flooring type
- Carpet, Tile
- Building materials
- Wood Frame, Stucco
- Roof type
- Composition
Listing agent Dean Selvey License #SA020464000 (480) 254-6444
Listing office RE/MAX Excalibur 15160 N Hayden Road, Suite 205, Scottsdale, AZ (480) 355-3500
Listing date Jun 10, 2026
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.
HighLights
- Duplex under construction; year built listed as 2025
- Fully rented and stabilized, generating $34k income with a 7% CAP rate
- Tenant‑paid electricity; landlord pays water/sewer (public sewer)
- Heat pump HVAC with central air, ceiling fans
- Includes built‑in range, built‑in electric oven, microwave, dishwasher, disposal, refrigerator, and W/D hookup
- Carport parking; wood frame with stucco exterior and a composition roof
Overview
The property is located in an Opportunity Zone and is offered for sale at 1905 E ILLINI Street in Phoenix, AZ 85040. The remarks indicate it may be purchased together with the adjacent property at 1728 next door, with the option to acquire both as a 4-plex.
For tenants, the unit features and provided appliances support immediate occupancy, with a utilities setup that keeps electric in the tenants’ responsibility. For buyers or investors, the listing positions the duplex as stabilized with in-place rent, and the adjacent-property option provides a straightforward path to consolidate into a larger multifamily configuration if desired.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Phoenix
- County
- Maricopa
- State
- Arizona
- Longitude
- -112.040898
- Latitude
- 33.411051
