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Duplex with Attached Garages
For Sale
Under Contract
$416,900

1947 E RAYMOND Street, Phoenix, AZ 85040

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market53

Property Features for 1947 E RAYMOND Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R3
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bathroom 4, Bathroom 2, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 3, Bathroom 3, Bedroom 1
Parking features Garage - Attached
Appliances Built-In Range, Disposal, 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 Under Contract
APN 122-32-020-C

Taxes and HOA fees

Tax Year 2025
Tax Annual Amount 3491

Utilities

Sewer type Public Sewer
Heating system Central, Electric (Heating)
Cooling system Central Air, Ceiling Fan(s), Electric

Building Details

Year built 2020
Number of units 2
Flooring type Tile
Building materials Wood Frame, Painted, Stucco
Roof type Composition
Listing Agency: RE/MAX Excalibur · RE/MAX International
Listed By: Dean Selvey
Added: Sep 1 Changed: Oct 16 Last Checked: Oct 23 at 2:06AM
MLS# 7074366

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.

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Investment Insights

Based on property information with market context.

Built in 2020, this R3-zoned duplex contains two residences, each offering two bedrooms, two bathrooms, and a private attached garage. Interior features include tile flooring, central air conditioning, electric heating, ceiling fans, and washer/dryer hookups. Kitchens are equipped with built-in ranges, built-in electric ovens, refrigerators, microwaves, and disposals.

Both residences are currently occupied under month-to-month arrangements. The property is served by public sewer and has wood-frame construction with painted stucco and a composition roof. Located at 1947 E Raymond Street in Phoenix, the duplex provides an established residential income configuration with flexible occupancy terms.

Key Highlights

  • Two‑unit duplex with two bedrooms and two bathrooms per residence
  • Private attached garage for each residence
  • Both units occupied on a month‑to‑month basis

Property Analytics

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Lease Details

2
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

382
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
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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 are occupied month to month and include central air, tile flooring, and washer/dryer hookups.
Where is this duplex located?
The property is located at 1947 E RAYMOND Street 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 with two bedrooms and two bathrooms per residence; Private attached garage for each residence; Both units occupied on a month‑to‑month basis
More about this property
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