Vacant-Tenanted Duplex with
2711 N 7TH Street Phoenix, AZ 85006
2711 N 7TH Street, Phoenix, AZ, 85006
$487,500
For Sale
$487,500
MULTI_FAMILY - Phoenix, AZ
Property Size1,322 SF
Price / SF$368.76
Days on Market42
Property Features for 2711 N 7TH Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R5 & C1-12
- Bedrooms
- 4
- Rooms
- Bedroom 2, Bedroom 4, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 3
- Parking features
- RV, Off Street, Boat
- Appliances
- Disposal, Refrigerator, Free-Standing Electric Oven, Washer/Dryer
- Standard status
- Active
- 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
- Electric (Heating), Forced Air
- Cooling system
- Heat Pump, Electric
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 Updated: Jul 14 at 9:46AM Checked: Jul 22 at 12:06AM
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
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 | $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 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 - 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
