$499,900
5 Beds | 3 Baths | n/a sqft
1905 E Illini St
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$499,900
ACTIVE
1905 E Illini St, Phoenix, AZ 85040
5 Beds
3 Baths
n/a SqFt
About This Home

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 only water and sewer. Also availabl...

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Snapshot
  • Price:
  • $499,900
  • Bedrooms:
  • 5
  • Total Baths:
  • 3
  • Year Built:
  • 2025
  • Listing ID #:
  • 7040009
  • Street Address:
  • 1905 E Illini St
  • City:
  • Phoenix
  • State:
  • AZ
  • Postal Code:
  • 85040
  • County:
  • Maricopa
  • Subdivision:
  • Progress Place
  • Listing Status:
  • Active
  • Listing Type:
  • Multi-Family
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Listing Provided By: Dean Selvey with RE/MAX Excalibur
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