$575,000
Phoenix, AZ 85007
MLS# 6917397
1 / 26
Property Description
Investor Special! This duplex offers 2 bedrooms, 2 bathrooms, and a 2 car garage, conveniently located near the downtown area with easy access to I-17. The property has been recently updated and sits in a high-demand location experiencing significant growth. Enjoy proximity to all that downtown Phoenix has to offer, including top restaurants, shopping, entertainment, and stadiums. An added bonus includes RV parking with a separate electrical meter, creating potential for extra rental income. This is an excellent opportunity to add to your rental portfolio, flip, or buy and hold for long-term appreciation. Please note, the property is tenant occupied—do not disturb tenants.This home qualifies for a limited-time lender-paid 2-1 buydown— reduced monthly payments for the first 2 years
Details
Maps
Documents
Contract Info
Ownership: Fee Simple
Current Price: $575,000
List Price: $575,000
Status: Active
List Date: 2025-08-18
Location, Tax & Legal
Assessor's Map #: 9
Legal Description (Abbrev): LOT 155 WISE ADD MCR 000527
Assessor's Parcel #: 157
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 1458
Legal: WISE ADD LOT 155 EX N 4F & EX 12F CUR IN SE COR
Marketing Name: WISE ADD
House Number: 1802
Compass: W
Street Name: SHERMAN
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 3322
County Code: Maricopa
Subdivision: WISE ADD
Assessor Number: 112-09-157
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 50 x 136 6769sqft
Flood Zone: No
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Ralph Waldo Emerson Elementary School
Jr. High School: Ralph Waldo Emerson Elementary School
High School: Central High School
Year Built: 2006
Zoning: C-3 Phx,CG Cnty
Legal Info
Range: 3E
Section: 7
Township: 1N
Lot Number: 155
Project Type
Duplex: 1
Construction
Wood Frame: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Carpet: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1355
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 2813
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 40800
Total Monthly Rental Income: 3550
Pmt & Rate Info
Cap Rate: 6.8
Equity: 600000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Heat Pump: 1
Central: 1
2 or More Units: 1
Cooling
Central Air: 1
2 or More Units: 1
Exterior Amenities
Fenced: 1
RV/Boat Parking: 1
Interior Features
Unfurnished: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Disposal: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Garage: 1
Free: 1
>1 Space Per Unit: 1
Attached: 1
Paved: 1
RV Access/Parking: 1
Electric
APS: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
# 4 Bedroom Units: 2
Avg Rent: 1700
Avg SqFt: 1344
# Baths: 2
Remarks Misc
Cross Street: Grant St and 19th Avenue
Geo Lat: 33.440644
Geo Lon: -112.098202
Income Expenses
Gross Annual Sch Inc: 40800
Net Operating Income: 40800
Property Features
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Carpet; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; RV/Boat Parking
Interior Features: Unfurnished
Appliances Included: Free-Standing Range; Refrigerator; Disposal; W/D Hookup
Heating: Central; Heat Pump; 2 or More Units
Cooling: Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; >1 Space Per Unit; Attached; RV Access/Parking; Free; Paved
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None
Supplements
years at no cost to the buyer or seller.
ABA - eXp 
Listing Office: eXp Realty
Last Updated: April - 14 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.