1707 N 42ND Street Phoenix, AZ $ 450,000
1707 N 42ND Street
$ 450,000
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1707 N 42ND Street

Phoenix, AZ, 85008
$ 450,000
Baths0.0

Monthly Estimate*

$ 2,771

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $450,000. This home was built in 1960.

Well-located duplex featuring two 2-bedroom, 1-bath units in one of the Valley's most accessible non-HOA corridors, just minutes from Arcadia, Old Town Scottsdale, Downtown Phoenix & Arizona State University. Each unit offers a functional great room layout, eat-in kitchen, and private living with separate entrances, individual indoor laundry & fully fenced backyards with artificial turf. Interiors include remodeled kitchens & baths, with updated cabinetry, countertops & appliances. Major system updates add long-term value, including a newer roof (approx. 2 years), replaced electrical panel & dual water heaters in 2019. The property features a shared 2-car carport with dedicated storage for each unit. Ideal for owner-occupants, investors, or multi-generational... ...living, this duplex combines strong location, practical layout, and key capital improvements in a high-demand rental area. We've got preliminary numbers through a local lender for a DSCR loan, ask as what we've seen in terms of qualification and cash flow options!

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Multi-Family Contingent

Price

$ 450,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 929

Style

Multiple Dwellings

Year Built

1960

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7023236

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning R-3
Construction Materials Painted Block
Year Built 1960
Electric SRP
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 3200.0
Community Features No Pool
County Maricopa
Net Operating Income 3200.0
Operating Expense 929.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name ELLA LEE
Garage Y/N N
Status UCB (Under Contract-Backups)
Directions Head East on McDowell to 41st Place Turn Right to Almeria Turn Right to 42nd Place Turn Left to Home on Your Right Hand side.
High School Camelback High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Elementary School Griffith Elementary School
Tax Annual Amount 929.0
Middle/Junior High School Pat Tillman Middle 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/b765df4e-4911-4816-866c-d8ca1189d091?wl=true&setAttribution=mls&initialViewType=pano
Standard Status Active Under Contract
Occupancy Type Owner
Elementary School District Balsz Elementary District
Tax Lot 4
Cap Rate 0.71
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Exterior
Exterior Amenities Sidewalk(s)
Parking Features Attached Carport 1 Space/Unit Carport
Water Source City Franchise
Total Parking 6.0
Number of Buildings 1
Spa N
Lot Dimensions 68x98
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile Vinyl Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 1707
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* Excluded Features
List By
Real Broker

Broker

mindy@amyjonesgroup.com

Email

Affordability Calculator

$2,848
Per Month
97%
3%
0%
Monthly Principal & Interest
$2,771
Monthly Property Taxes
$77
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.
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Nearby
4327783 Elementary School
4327362 Middle School
Camelback High School High School
Pricing History
DatePricePrice ChangeDescription
5/6/2026$450,000 Listed Price

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1707 N 42ND Street, Phoenix, AZ, 85008 is a Multi-Family Home for sale at $450,000. 1707 N 42ND Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 85008 which is in Phoenix, AZ