Remodeled Duplex with Detached
1934 East Monte Vista Road Phoenix, AZ 85006
1934 East Monte Vista Road, Phoenix, AZ, 85006
$589,000
For Sale
$589,000
Fully remodeled duplex configuration with a main house and detached guest home, each suited for independent rental use.
Property Size2,285 SF
Price / SF$257.77
Days on Market75
Property Features for 1934 East Monte Vista Road
General Information
- Standard status
- Active
- Size
- 2,285 SF
- Property subtype
- Multiple Dwellings
Building Details
- Year Built
- 1930
Listing agency
Real Broker
(928) 246-4714
Listed by
Rachel Krill · License #BR559282000
(928) 246-4714
Source
Compass
Added: May 9 Updated: Jul 10 at 1:53PM Checked: Jul 21 at 8:31AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Broker
Investment Insights
Based on property information with market context.
This fully remodeled duplex features two detached homes, providing separate living spaces that can operate independently. The main house offers four bedrooms and two bathrooms, designed for full-size residential comfort. A separate 2-bedroom, 1-bath guest house includes its own kitchen, laundry hook-ups, and a private entryway, creating a convenient setup for guests or longer-term tenants.
The property is located along the SR 51 corridor in the east Coronado neighborhood. Public remarks note it is approximately 6 minutes from the airport and about 10 minutes from Downtown Phoenix, supporting easy access to key parts of the metro area.
With two self-contained dwellings, the layout is well-suited for buyers and operators looking for a duplex-style income property with flexible rental options. The guest house’s private entry, kitchen, and laundry connections can support either short-term stays or a long-term tenant arrangement, while the main house provides additional space for a separate household.
The property is located along the SR 51 corridor in the east Coronado neighborhood. Public remarks note it is approximately 6 minutes from the airport and about 10 minutes from Downtown Phoenix, supporting easy access to key parts of the metro area.
With two self-contained dwellings, the layout is well-suited for buyers and operators looking for a duplex-style income property with flexible rental options. The guest house’s private entry, kitchen, and laundry connections can support either short-term stays or a long-term tenant arrangement, while the main house provides additional space for a separate household.
Key Highlights
- Fully remodeled duplex with 2 total units, including a 4‑bedroom/2‑bath main house and a 2‑bedroom/1‑bath detached guest house
- Combined 2,285 sq ft: 1,570 sq ft main house plus 715 sq ft guest house, each with separate living setup
- Main house features central air, ceiling fans, ceramic tile flooring, and natural gas heating
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $45.2k | $19.80 |
| − Vacancy | −$2.5k | −$1.09 |
| EGI | $42.8k | $18.71 |
| − OpEx | −$12.8k | −$5.61 |
| NOI | $29.9k | $13.10 |
2,285 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$427.5K
$374.1K – $498.8K
NOI $29,928 @ 7.0% cap · market cap 5.08%
Second Best
Apartment 5plus
$380.7K
$333.1K – $444.2K
NOI $26,651 @ 7.0% cap · market cap 4.52%
Theoretical Best
Office A
$692.1K
$605.6K – $807.5K
NOI $48,450 @ 7.0% cap · market cap 8.23%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Fully remodeled duplex configuration with a main house and detached guest home, each suited for independent rental use.
Where is this duplex located?
The property is located at 1934 East Monte Vista Road Phoenix, AZ.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Fully remodeled duplex with 2 total units, including a 4‑bedroom/2‑bath main house and a 2‑bedroom/1‑bath detached guest house; Combined 2,285 sq ft: 1,570 sq ft main house plus 715 sq ft guest house, each with separate living setup; Main house features central air, ceiling fans, ceramic tile flooring, and natural gas heating
