1946 E JONES Avenue Phoenix, AZ ^$ 375,000

1946 E JONES Avenue

^$ 375,000

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1946 E JONES Avenue

Phoenix, AZ, 85040

^$ 375,000

Studio Baths0.0

Monthly Estimate*

^$ 2,309

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $375,000. This home was built in 1998.

Incredible investment opportunity with built-in income potential! This duplex features two identical 3-bedroom, 1-bath units--perfect for investors or owner-occupants looking to live in one and rent the other. Each unit offers a bright, open kitchen and living area, fresh interior paint, and its own fully fenced lot for added privacy and outdoor space. With NO HOA and strong rental appeal, this property delivers flexibility, value, and long-term potential. Whether you're expanding your portfolio or seeking a smart house-hack opportunity, this duplex is a must-see!

Multi-Family Active

Price

^$ 375,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 1,005

Style

Multiple Dwellings

Year Built

1998

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7017827

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air

Roof Composition

Zoning Residential

Construction Materials Stucco Block

Year Built 1998

Electric City Electric

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 30360.0

Community Features Other

County Maricopa

Net Operating Income 25198.0

Operating Expense 1005.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name PROGRESS PLACE

Garage Y/N N

Status Active

Directions Take a right on E. Jones Ave. take a right on S. 20th St. take a left on E. Jones Ave. house is on the right - 1946 E. Jones Ave.

High School South Mountain High School

City Phoenix

Disclosures Seller Prop Disc Stm

High School District Phoenix Union High School District

Open Parking Spaces 0.0

Number Of Units Total 2

Carport Y/N N

Elementary School Irene Lopez School

Tax Annual Amount 1005.0

Middle/Junior High School Irene Lopez School

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Virtual Tour https://www.zillow.com/view-imx/a2c6b9b2-c608-4e06-8587-12b6f878ade6?setAttribution=mls&wl=true&initialViewType=pano&utm_source=dashboard

Standard Status Active

Occupancy Type Vacant

Elementary School District Roosevelt Elementary District

Tax Lot 101

Cap Rate 6.72

New Financing: Conventional True

Senior Community N

New Financing: FHA True

New Financing: Cash True

New Financing: VA True

Interior

Flooring Ceramic Tile

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features None

Water Source Community Franchise

Total Parking 0.0

Number of Buildings 1

Spa N

Lot Dimensions 70x109

Road Surface Type Concrete

Covered Spaces 0.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1946

* Excluded Features

List By

My Home Group Real Estate

Broker

info@laughtonteam.com

Affordability Calculator

$2,393

Per Month

Monthly Principal & Interest: $2,309
Monthly Property Taxes: $84
Monthly Home Insurance: --

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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 ^$1,219,269

Percent of Sale Price 225%

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.

4918069 Elementary School

4918070 Middle School

South Mountain High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/23/2026	$375,000		Listed Price

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1946 E JONES Avenue, Phoenix, AZ, 85040 is a Multi-Family Home for sale at $375,000. 1946 E JONES Avenue is a studio with 0.0 baths and was built in 1998. The property's zip code is 85040 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 4/25/2026.

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1946 E JONES Avenue

Multi-Family Home for sale in Phoenix, AZ

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