1724 S 1ST Street Phoenix, AZ ^$ 749,900

1724 S 1ST Street

^$ 749,900

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Recently Listed

1724 S 1ST Street

Phoenix, AZ, 85004

^$ 749,900

Studio Baths0.0

Monthly Estimate*

^$ 4,735

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $749,900. This home was built in 2025.

Brand-new duplex completed in August 2025! This turnkey property features two spacious 3-bedroom, 2-bathroom units with upgraded finishes, tile flooring throughout, spray foam insulation, large laundry rooms, and all appliances included. Additional improvements include a gated front entrance, fully fenced front yard, covered pergola with two ceiling fans, artificial turf, and newly planted ficus trees for added privacy. Unit 2 features beautifully renovated bathrooms. Each unit has its own private RV gate. Located in a designated Opportunity Zone, this property offers excellent potential for investors or owner-occupants and is ideal for long-term or short-term rentals.

Multi-Family Active

Price

^$ 749,900

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 660

Style

Multiple Dwellings

Year Built

2025

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7053495

Features

General

Sewer Public Sewer

Heating Electric

Cooling Central Air Ceiling Fan(s) Electric

Roof Composition

Zoning R-3

Construction Materials Wood Frame Stucco

Year Built 2025

Electric SRP

Township 1N

Tax Year 2025

Ownership Fee Simple Fee Simple

Gross Income 59280.0

Community Features No Pool

County Maricopa

Net Operating Income 58530.0

Operating Expense 1410.0

Insurance Expense 750.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Subdivision Name COPE ADD BLKS 7-10

Garage Y/N N

Status Active

High School Central 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 Silvestre S Herrera School

Tax Annual Amount 660.0

Electric Expense 0.0

Fuel Expense 0.0

Middle/Junior High School Silvestre S Herrera School

Trash Expense 0.0

Water Sewer Expense 0.0

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 11

Cap Rate 7.81

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 >1 Space Per Unit Carport

Water Source City Franchise

Total Parking 6.0

Number of Buildings 1

Spa N

Lot Dimensions 112x82

Road Surface Type Asphalt

Covered Spaces 2.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 1724

* Excluded Features

List By

Az Realty & Rentals

Broker

kassiseddy@gmail.com

Affordability Calculator

$4,790

Per Month

Monthly Principal & Interest: $4,735
Monthly Property Taxes: $55
Monthly Home Insurance: --

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Default based on a 30-year fixed rate of 6.49% 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 ^$1,102,172

Percent of Sale Price 47%

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

Central High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/13/2026	$749,900		Listed Price

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1724 S 1ST Street, Phoenix, AZ, 85004 is a Multi-Family Home for sale at $749,900. 1724 S 1ST Street is a studio with 0.0 baths and was built in 2025. The property's zip code is 85004 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.49% 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 7/14/2026.

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1724 S 1ST Street

Multi-Family Home for sale in Phoenix, AZ

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