833 E ALICE Avenue
Phoenix, AZ, 85020 $ 449,900
Baths0.0 Monthly Estimate*
$ 2,770
Studio for $449,900. This home was built in 1958.
Meticulously Maintained North Central Phoenix Duplex: The Ultimate House Hack or Multifamily Investment. Welcome to an incredibly rare find in North Central Phoenix: a meticulously maintained, single-level duplex perfectly positioned for an ambitious house hacker, a Short-Term Rental (STR) operator, or a savvy investor looking to maximize cash flow. Sitting quietly across from a park with beautiful mountain views, this property perfectly balances desert mountain tranquility with unbeatable city connectivity. Rigorously cared for by the property owner with a strict non-smoking policy, this property radiates pride of ownership. With two long-term tenants currently in place. The Property Breakdown 1,479 Sq Ft Total: Front Unit 700 sq ft : A bright 2-bedroom, 1-bathroom layout featuring a private, intimate front courtyard and dedicated off-street parking. Rear Unit 779 sq ft: A spacious 2-bedroom, 1-bathroom layout boasting a large, private backyard and a 3-walled, 2-car carport equipped with an electric door opener. Shared Spaces: A beautifully xeriscaped large gated common courtyard sits between this duplex and the neighboring building, offering a secure and welcoming aesthetic. Easy-to-maintain tile floors sweep through the living rooms, kitchens, hallways, and bathrooms, complemented by cozy carpeting in the bedrooms. Ceiling fans are installed for year-round comfort. Both units feature gas stoves, gas hot water heaters, and refrigerators. Each unit enjoys its own separate, enclosed washer/dryer room with hookups located in the carports. Both units are being sold with the existing washers and dryers included Impeccable Maintenance & Peace of Mind: Bypass the immediate deferred maintenance nightmares typical of older multi-family homes. The big-ticket CapEx items have already been addressed: HVAC: Two units with approximately 4 years left on transferable warranties. Roof: Completely replaced just 6 years ago. Exterior: Freshly painted in June 2021. Whether you are looking to attract premium long-term tenants or highly lucrative Airbnb guests, the location is unmatched. Residents are just minutes from the breathtaking hiking trails of Piestewa Peak and the Phoenix Mountains Preserve. Quick, seamless access to the AZ-51 freeway makes commuting to Downtown Phoenix, the Biltmore luxury district, or Sky Harbor Airport a breeze, while the booming dining and retail corridors of 7th Street and Northern Avenue are right around the corner. North Central Phoenix is a proven, high-appreciation submarket. Because this duplex sits perfectly between the outdoor draw of Piestewa Peak and the major economic hubs of Downtown and the Biltmore, tenant demand here is relentless. You are parking your capital in a direct path of sustained growth. Whether your strategy is to live in one unit and rent the other, or launch a highly profitable STR, this impeccably cared-for property delivers.
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FeaturesGeneralSewer Public Sewer
Heating Forced Air
Cooling Central Air Ceiling Fan(s)
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1958
Electric APS
Township 3N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 31897.2
Community Features No Pool
County Maricopa
Net Operating Income 28985.0
Operating Expense 2913.15
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name SKYLINE VISTA 6
Garage Y/N N
Status Active
High School Sunnyslope High School
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Desert View Elementary School
Tax Annual Amount 1173.0
Middle/Junior High School Royal Palm Middle School
Water Sewer Expense 1740.15
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Elementary School District Washington Elementary School District
Tax Lot 287
Cap Rate 6.23
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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InteriorFlooring Tile Carpet
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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ExteriorParking Features Add'l Parking Avail Carport
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions n/a
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesList Bynorrisrealestatecompany@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $2,770
- Monthly Property Taxes
- $98
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Phoenix, AZ
Average List Price $1,223,867
Percent of Sale Price 172%
About Phoenix, AZ 1,596,463 Population
20% Since 2002
$ 51,132 Median Income
34.66 Median Age
32% Households with Children
Trends Information provided by ATTOM Data Solutions.
4327245 Elementary School
4327519 Middle School
Sunnyslope High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 3/16/2026 | $449,900 | -3.25% | Price Down |
| 3/12/2026 | $465,000 | | Listed Price |