Vacant-Tenanted Duplex with
2711 N 7TH Street Phoenix, AZ 85006
For Sale
$487,500
Pending
MULTI_FAMILY - Phoenix, AZ
Property Size1,322 SF
Days on Market48
Property Features for 2711 N 7TH Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R5 & C1-12
Bedrooms
4
Rooms
Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 2, Bedroom 4, Bedroom 3
Parking features
RV, Boat, Off Street
Appliances
Disposal, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
Standard status
Pending
APN
117-29-159
Taxes and HOA fees
Tax Year
2025
Tax Description
COUNTRY CLUB PARK MCR 26-31 LT 24 BLK 9 EX N 8F TOG WI N 26F LT 25 BLK 9 EX W 7F RD TH/OF P/D 2621-1
Tax Annual Amount
1075
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Electric (Heating)
Cooling system
Electric, Heat Pump
Building Details
Year built
1940
Number of units
2
Flooring type
Laminate
Building materials
Brick Veneer, Brick
Roof type
Composition
Listing Agency:
Realty One Group
(623) 566-8863
Listed By:
Adam Hamblen · License #SA548243000
(623) 566-8863
Added: Jun 11
Changed: Jul 28
Last Checked: Jul 28 at 8:06AM
MLS# 7040709
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.
Investment Insights
Based on property information with market context.
This duplex features two 2-bedroom, 1-bath units, each with an upgraded kitchen including appliances and an eat-in kitchen dining area. Both units also include inside laundry with a stackable washer and dryer. Unit 2709 is now vacant, while Unit 2711 is currently rented. Each unit offers a large backyard, with additional parking space available on-site. Unit 2711 also has a fully fenced yard with a gated entrance.
The property is zoned R5 & C1-12, providing flexibility for multi-family and commercial special use. It is located in the County Park Historic District in mid-town Phoenix.
For buyers seeking an owner-occupied option, the vacant 2709 unit allows immediate occupancy while the second unit remains leased. For investors, the existing rented unit provides an in-place tenancy alongside a unit that is ready for a new occupant. Seller carry financing may be available, depending on terms and qualification.
The property is zoned R5 & C1-12, providing flexibility for multi-family and commercial special use. It is located in the County Park Historic District in mid-town Phoenix.
For buyers seeking an owner-occupied option, the vacant 2709 unit allows immediate occupancy while the second unit remains leased. For investors, the existing rented unit provides an in-place tenancy alongside a unit that is ready for a new occupant. Seller carry financing may be available, depending on terms and qualification.
Key Highlights
- Rare duplex in the County Park Historic District in mid‑town Phoenix, built in 1940
- Zoned for both multi‑family and commercial special use
- Both units are 2 bed/1 bath, 661 SF each, with upgraded kitchens and appliances included
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 | $26.2k | $19.80 |
| − Vacancy | −$1.4k | −$1.09 |
| EGI | $24.7k | $18.71 |
| − OpEx | −$7.4k | −$5.61 |
| NOI | $17.3k | $13.10 |
1,322 SF · lease $19.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$247.4K
$216.4K – $288.6K
NOI $17,315 @ 7.0% cap · market cap 3.55%
Second Best
Apartment 5plus
$220.3K
$192.7K – $257.0K
NOI $15,419 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$400.4K
$350.4K – $467.2K
NOI $28,031 @ 7.0% cap · market cap 5.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Two 2-bedroom, 1-bath units, including a newly vacant side and a fenced yard with gated entry.
Where is this duplex located?
The property is located at 2711 N 7TH Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $487,500.
What are key features of this property?
This property features: Rare duplex in the County Park Historic District in mid‑town Phoenix, built in 1940; Zoned for both multi‑family and commercial special use; Both units are 2 bed/1 bath, 661 SF each, with upgraded kitchens and appliances included
