Description
Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.
-
7BEDS
-
0.32ACRES
-
0BATHS
-
01/2 BATHS
-
4,176SQFT
-
$287$/SQFT
School Information
Description
Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.
© 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. The ARMLS logo indicates a property listed by a real estate brokerage other than AZROY Group | Realty Executives. Data last updated 2026-04-10T00:13:34.153.