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Two-Unit Duplex with Garages
New
For Sale
$416,900

1947 E Raymond St, Phoenix, AZ 85040

Both residences offer two bedrooms, two bathrooms, and private garage access.

Property Size6,912 SF
Price / SF$60.32
Days on Market6

Property Features for 1947 E Raymond St

General Information

Standard status Active
Size 6,912 SF
Property subtype Multi-Family

Building Details

Year Built 2020
Listing Agency: Realty Executives Arizona Territory
Listed By: Legacy Real Estate Team
Source: Legacyrealestateteam
Added: Sep 2 Changed: Sep 6 Last Checked: Sep 7 at 7:29AM

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 Realty Executives Arizona Territory

Investment Insights

Based on property information with market context.

Built in 2020, this duplex contains two residences with a combined property size of 6,912 square feet. Each unit includes two bedrooms, two bathrooms, and a private garage, creating a consistent layout across the property.

Both units are occupied under month-to-month arrangements, with rental income already in place. The flexible occupancy structure may suit an owner-occupant seeking a residence alongside a separate rental unit, as well as an investor acquiring an operating multifamily property. The property is located at 1947 E Raymond St in Phoenix, Arizona.

Key Highlights

  • Two‑unit duplex built in 2020
  • Each unit has 2 bedrooms and 2 bathrooms
  • Private garage included with both units

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Pharmacy Spa & Massage Center Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

403
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Both residences offer two bedrooms, two bathrooms, and private garage access.
Where is this duplex located?
The property is located at 1947 E Raymond St Phoenix, AZ.
What is the asking price?
The asking price for this property is $416,900.
What are key features of this property?
This property features: Two‑unit duplex built in 2020; Each unit has 2 bedrooms and 2 bathrooms; Private garage included with both units
More about this property
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