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

1947 E Raymond St, Phoenix, AZ 85040

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

Property Size6,912 SF
Days on Market51

Property Features for 1947 E Raymond St

General Information

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

Building Details

Year Built 2020
Listing Agency: Wise Choice Properties
Listed By: Legacy Real Estate Team
Source: Legacyrealestateteam
Added: Sep 2 Changed: Oct 21 Last Checked: Oct 20 at 8:41PM

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 Wise Choice Properties

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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

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Open Analytics

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
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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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
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