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1845 E ILLINI Street

Phoenix, AZ 85040
Active
Multifamily
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$509,900
2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors,… Read MoreRead Less
Courtesy of RE/MAX Excalibur 480-355-3500
Listing Snapshot
Days Online
0
Last Updated
Property Type
Multiple Dwellings
Year Built
2025
MLS Number
7040008
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30 Days Snapshot Of 85040
$372k
+18%
(avg) sold price
15
+50%
homes sold
82
+13%
(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: $888, Water sewer: $516
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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Jennifer Daniels
Team Leader | Realtor
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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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