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1702 E Cambridge Avenue Phoenix, AZ $ 450,000
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$ 450,000 Get more info
1702 E Cambridge Avenue
$ 450,000
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1702 E Cambridge Avenue

Phoenix, AZ, 85006
$ 450,000
Bedrooms4 Baths0.0

Monthly Estimate*

$ 2,841

1702 E Cambridge Avenue, Phoenix, AZ 85006 - Image 1
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1702 E Cambridge Avenue, Phoenix, AZ 85006 - Image 13
1702 E Cambridge Avenue, Phoenix, AZ 85006 - Image 14

Multi-Family Home for sale in Phoenix, AZ

for $450,000 with 4 bedrooms. This home was built in 1986.

Uniquely located immediately behind Phoenix Children's Hospital just west of the SR-51 Freeway, Cambridge II presents a unique value-add duplex offering. Built in 1986 and consisting of 2 x 2-bed, 1-bath floorplans averaging 672 SF, future ownership will have the opportunity to complete a renovation program to capture rent premiums already achieved in the the market. Alternatively, the property is positioned well for short-term renting for traveling nurses (given it's proximity to Phoenix Children's Hospital) and/or an owner-occupied investment approach. ***PROPERTY IS CURRENTLY VACANT. LEASING WILL COMMENCE BY MID-SEPTEMBER.

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Multi-Family Active

Price

$ 450,000

Bedrooms

4

Property Type

Multi-Family

Taxes

$ 831

Style

Multiple Dwellings

Year Built

1986

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7069799
Features
General
Sewer Public Sewer
Heating Central Electric
Cooling Central Air Electric Individual
Roof Composition
Zoning R-3
Construction Materials Wood Frame Stucco
Year Built 1986
Electric APS
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 31046.32
Community Features See Remarks
County Maricopa
Net Operating Income 21505.0
Operating Expense 9161.08
Insurance Expense 1000.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1500.0
Garage Y/N N
Status Active
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 2
Carport Y/N N
Tax Annual Amount 831.08
Electric Expense 200.0
Trash Expense 1200.0
Water Sewer Expense 1200.0
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 Creighton Elementary District
Tax Lot 31
Cap Rate 4.78
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 Paved >1 Space Per Unit
Water Source City Franchise
Total Parking 4.0
Number of Buildings 1
Spa N
Lot Dimensions 5200 SF
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Flooring Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 4
Total Baths 2
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Internal Only
Street Number 1 1702
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* Excluded Features
List By
Marcus & Millichap

Broker

paul.bay@marcusmillichap.com

Email

Affordability Calculator

$2,911
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,841
Monthly Property Taxes
$69
Monthly Home Insurance
--
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
4327165 Elementary School
4327058 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/21/2026$450,000 Listed Price

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1702 E Cambridge Avenue, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $450,000. 1702 E Cambridge Avenue has 4 bedrooms, 0.0 baths, and was built in 1986. The property's zip code is 85006 which is in Phoenix, AZ

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