1106 E PAPAGO Street Phoenix, AZ ^$ 685,000

1106 E PAPAGO Street

^$ 685,000

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1106 E PAPAGO Street

Phoenix, AZ, 85034

^$ 685,000

Studio Baths0.0

Monthly Estimate*

^$ 4,218

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $685,000. This home was built in 1948.

This duplex is brand new! It is ready for you to put tenants in right away. Everything has been completed, down to the window shades. Features include stainless steel appliances, washer & dryer, quartz counter tops in the kitchen and bathrooms. Property is setup for a long term rental or coliving or PadSplit. Four bedrooms and two baths in each unit. See proforma for estimated numbers based on actual PadSplit properties of the same floor plan. Review the cap rate!

Multi-Family Active

Price

^$ 685,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 872

Style

Multiple Dwellings

Year Built

1948

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7007395

Features

General

Sewer Public Sewer

Heating Heat Pump Electric

Cooling Central Air Ceiling Fan(s) Electric Heat Pump

Roof Built-Up

Zoning R-3

Construction Materials Wood Frame Painted Stucco

Year Built 1948

Electric APS

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 85500.0

Community Features No Pool

County Maricopa

Net Operating Income 66936.0

Operating Expense 872.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name LINCOLN PARK

Garage Y/N N

Status Active

Directions AZ-51 S to Washington St. Take exit 148 from I-10 E Continue on Washington St. Take S 16th St and E Buckeye Rd to E Papago St.

High School North High School

City Phoenix

Disclosures None

High School District Phoenix Union High School District

Open Parking Spaces 0.0

Number Of Units Total 2

Carport Y/N N

Elementary School Silvestre S Herrera School

Tax Annual Amount 872.0

Middle/Junior High School Silvestre S Herrera School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Standard Status Active

Occupancy Type Vacant

Elementary School District Phoenix Elementary District

Tax Lot 32

Cap Rate 9.77

New Financing: Conventional True

Senior Community N

New Financing: Cash True

New Financing: VA True

Interior

Flooring Other

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features >1 Space Per Unit Carport

Water Source Master Meter

Total Parking 0.0

Number of Buildings 1

Spa N

Lot Dimensions 127' x 51'

Road Surface Type Asphalt

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1106

* Excluded Features

List By

Fsr Realty

Broker

rick@delucagroupaz.com

Affordability Calculator

$4,290

Per Month

Monthly Principal & Interest: $4,218
Monthly Property Taxes: $73
Monthly Home Insurance: --

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Yearly 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.

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Nearby

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,271,480

Percent of Sale Price 86%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4337834 Elementary School

4337820 Middle School

North High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/1/2026	$685,000		Listed Price

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1106 E PAPAGO Street, Phoenix, AZ, 85034 is a Multi-Family Home for sale at $685,000. 1106 E PAPAGO Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 85034 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/12/2026.

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1106 E PAPAGO Street

Multi-Family Home for sale in Phoenix, AZ

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