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Courtesy of Realty ONE Group {attribution_contact}
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.
Property Details and Features
Appliances & Equipment
- “Dryer”
- “Washer”
- “Refrigerator”
- “Built-in Microwave”
- “Dishwasher”
- “Electric Range”
Bathrooms
- 5 total bathrooms
Bedrooms
- 7 total bedrooms
Building
- Built in 1991
- Architectural style: “Contemporary”
- Living area: 4176
- Construction materials: “Painted”, “Block”
Cooling
- “Central Air”
- “Ceiling Fan(s)”
Fence
- “Perimeter”
- “Chain Link”
- “Wood”
Floors
- “Laminate”
Heating
- “Electric”
Home Owner’s Association
- Association fee includes: “No Fees”
Interior Features
- “Non-laminate Counter”
- “Double Vanity”
- “Master Downstairs”
- “Pantry”
Listing
- Listing ID: 6984908
- Standard status: Active
- 36 days on market
Location
- Subdivision name: EAST THOMAS ROAD TRACT 2
Lot
- 0.32 acres
- 13,765 sqft
- “Dirt Back”
- “Grass Front”
Parking
- “Separate Strge Area”
Possession
- “Close Of Escrow”
Roof
- “Composition”
Schools
- Elementary school: Monte Vista Elementary School
- High school: Camelback High School
- High school district: Phoenix Union High School District
Sewer
- “Public Sewer”
Taxes
- Annual amount: $4,923
- Lot: 72
Windows
- “Dual Pane”
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This content last updated on March 23, 2026 00:11. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.