1716 W HADLEY Street Phoenix, AZ $ 470,000
1716 W HADLEY Street
$ 470,000
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1716 W HADLEY Street

Phoenix, AZ, 85007
$ 470,000
Baths0.0

Monthly Estimate*

$ 2,894

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $470,000. This home was built in 1948.

No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

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Multi-Family Active

Price

$ 470,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 522

Style

Multiple Dwellings

Year Built

1948

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7025380

Features
General
Sewer Public Sewer
Heating Electric
Cooling Ceiling Fan(s) Electric
Roof Composition
Zoning R-3
Construction Materials Brick Veneer Wood Frame Stucco Block
Year Built 1948
Electric APS Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 45204.0
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 522.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name NORTH GRIER PLACE
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 522.0
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 Phoenix Elementary District
Tax Lot 20
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: Cash True
New Financing: VA True
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Interior
Flooring Vinyl
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features Off Street Attached Carport RV Access/Parking >1 Space Per Unit Carport
Water Source Master Meter
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions 52.50' X 127'
Road Surface Type Asphalt
Covered Spaces 2.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 1716
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* Excluded Features
List By
Fathom Realty

Broker

arirealtygroup@gmail.com

Email

Affordability Calculator

$2,937
Per Month
99%
1%
0%
Monthly Principal & Interest
$2,894
Monthly Property Taxes
$44
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/8/2026$470,000 Listed Price

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1716 W HADLEY Street, Phoenix, AZ, 85007 is a Multi-Family Home for sale at $470,000. 1716 W HADLEY Street is a studio with 0.0 baths and was built in 1948. The property's zip code is 85007 which is in Phoenix, AZ