1201 E GRISWOLD Road Phoenix, AZ $ 680,000
1201 E GRISWOLD Road
$ 680,000
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1201 E GRISWOLD Road

Phoenix, AZ, 85020
$ 680,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 4,294

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Multi-Family Home for sale in Phoenix, AZ

for $680,000 with 7 bedrooms. This home was built in 1957.

TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

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Multi-Family Active

Price

$ 680,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 1,512

Style

Multiple Dwellings

Year Built

1957

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7084198

Features
General
Sewer Public Sewer
Heating Central
Cooling Ceiling Fan(s)
Roof Composition Tile
Zoning R-3
Construction Materials Painted Stucco Brick
Year Built 1957
Electric APS
Township 3N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 25800.25
Community Features No Pool
County Maricopa
Net Operating Income 0.0
Operating Expense 1512.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name KILLIAN HEIGHTS
Garage Y/N N
Status Active
Directions NORTH ON 12TH STREET TO GRISWOLD EAST TO YOUR CLIENTS FUTURE HOME
High School Glendale High School
City Phoenix
Disclosures None
High School District Glendale Union High School District
Open Parking Spaces 1.0
Number Of Units Total 2
Carport Y/N N
Elementary School Desert View Elementary School
Tax Annual Amount 1512.0
Middle/Junior High School Desert View Elementary School
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tour.giraffe360.com/2ec0f17ad35c4a698672fb33f403a704/?lsf=1
Standard Status Active
Elementary School District Washington Elementary School District
Tax Lot 1
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 Rain Gutters
Parking Features RV Access/Parking Carport
Water Source City Franchise
Total Parking 2.0
Number of Buildings 2
Spa N
Lot Dimensions 67X105
Road Surface Type Asphalt
Covered Spaces 1.0
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 Bedrooms 7
Total Baths 4
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Internal Only
Street Number 1 1201
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* Excluded Features
List By
Homesmart

Broker

alejandra1mena@gmail.com

Email

Affordability Calculator

$4,420
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,294
Monthly Property Taxes
$126
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
4327245 Elementary School
4327245 Middle School
Glendale High School High School
Pricing History
DatePricePrice ChangeDescription
9/23/2026$680,000 Listed Price

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1201 E GRISWOLD Road, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $680,000. 1201 E GRISWOLD Road has 7 bedrooms, 0.0 baths, and was built in 1957. The property's zip code is 85020 which is in Phoenix, AZ