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1905 E ILLINI Street

Phoenix, AZ 85040
Beds
5
$499,900
Outstanding investment opportunity! Built in 2024 and located in a designated Opportunity Zone, this fully leased duplex offers immediate cash flow with approximately $34,000 in annual income and an attractive 7% CAP rate. Quality workforce housing with dependable tenants who pay on time and cover their own electric; landlord pays… Read MoreRead Less
Courtesy of RE/MAX Excalibur 480-355-3500
Listing Snapshot
Days Online
77
Last Updated
Property Type
Multiple Dwellings
Beds
5
Year Built
2025
MLS Number
7040009
30 Days Snapshot Of 85040
$345k
-7%
(avg) sold price
12
+50%
homes sold
75
+44%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Building
Built in 2025, Construction materials: Wood Frame, Stucco, 2 total units
Cooling
Central Air, Ceiling Fan(s), Heat Pump, Individual
Expenses
Insurance: $840, Water sewer: $1,101
Floors
Tile, Carpet
Heating
Electric
Parking
Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport, 4 total parkings
Property
Zoning: R3
Roof
Composition
Sewer
Public Sewer
Taxes
Annual amount: $4,228, Lot: 14
Utilities
SRP, Individual Meter
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Monthly Payment
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Chris Tran
Real Estate Agent
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Schools In The Area

Check out nearby schools with ratings and contact info.
Martin Luther King Jr. Elementary School 602-232-4910 Public PK-3
Percy L. Julian School 602-232-4950 Public 4-8
The Academies at South Mountain High School 602-764-5000 Public 9-12
Martin Luther King Jr. Elementary School 602-232-4910 Public PK-3
Percy L. Julian School 602-232-4950 Public 4-8
Martin Luther King Jr. Elementary School 602-232-4910 Public PK-3
Percy L. Julian School 602-232-4950 Public 4-8
The Academies at South Mountain High School 602-764-5000 Public 9-12

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