$699,000
Phoenix, AZ 85014
MLS# 6993109
1 / 20
Property Description
Exceptional investment opportunity in the heart of Phoenix! This duplex offers versatility, strong rental potential, and multi-generational living options. Zoned multifamily and qualifying for both FHA and conventional financing, this property is ideal for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit and renting the other. Complete roof replacement in 2026. Unit 1 (Approx. 750 SF) was fully remodeled in 2019 with modern finishes to include wood-look porcelain tile flooring, contemporary concrete countertops, two-toned accented cabinetry with brushed gold hardware and faucet, white subway tile backsplash, updated fixtures, lighting and ceiling fans. Stainless steel appliances include a stove, refrigerator, and microwave. The bathroom
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $699,000
List Price: $699,000
Status: Active
List Date: 2026-03-04
Location, Tax & Legal
Assessor's Map #: 5
Legal Description (Abbrev): LOT 8 BLOCK 4 STACY TRACT MCR 000469
Assessor's Parcel #: 78
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 110600
Taxes: 870
Legal: STACY TRACT
Marketing Name: Stacy Tract Duplex
House Number: 3817
Compass: N
Street Name: 9TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 5013
County Code: Maricopa
Subdivision: STACY TRACT
Assessor Number: 118-05-078
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 134.88 x 50.32 x 134.88 x 49.50
Total # of Units: 2
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Longview Elementary School
Jr. High School: Osborn Middle School
High School: Phoenix Union Bioscience High School
Year Built: 1948
Zoning: R-3
Legal Info
Range: 3E
Section: 28
Township: 2N
Block: 4
Lot Number: 8
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Laundry Equipment: 1
Income & Expenses
Annual Elec Exp: 2400
Annual Gas Exp: 840
Annual Ins Exp: 2863
Annual Maint Exp: 0
Annual Wtr/Swr Exp: 1800
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 2400
Operating Exp: 11173
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 46560
Pmt & Rate Info
Cap Rate: 5.06
Equity: 699000
Down Payment %: 5
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
None: 1
Community Features
No Pool: 1
General Store: 1
Play Area: 1
Barbecue: 1
Heating
Heat Pump: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Heat Pump: 1
Individual: 1
2 or More Units: 1
Exterior Amenities
Landscape Water System: 1
Desert Landscaping: 1
Fenced: 1
Cable TV Available: 1
Sidewalk(s): 1
Separate Storage: 1
Interior Features
Furnished: 1
Fire/Smoke Alarm(s): 1
Security Alarm(s): 1
Vertical Blinds: 1
Tenant Pays
None: 1
Appliances Included
Dishwasher: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Concrete: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
>1 Space Per Unit: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
SW Gas: 1
Owner Pays
Water: 1
Electric: 1
Gas: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 2000
Avg SqFt: 900
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 7th street and Indian School
Directions: W Indian School Rd to right onto N 8th St. Turn left at the 2nd cross street onto E Fairmont Ave to right onto N 9th Pl
Geo Lat: 33.491748
Geo Lon: -112.06129
Income Expenses
Gross Annual Sch Inc: 48000
Net Operating Income: 35387
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Laundry Equipment
Community Features: No Pool; General Store; Play Area; Barbecue
Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Cable TV Available; Sidewalk(s); Separate Storage
Interior Features: Furnished; Fire/Smoke Alarm(s); Security Alarm(s); Vertical Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating: Central; Heat Pump
Cooling: Ceiling Fan(s); Electric; Heat Pump; Individual; Central Air; 2 or More Units
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: SW Gas
Parking Features: Carport; On Street; >1 Space Per Unit; Add'l Parking Avail
Road Surface Type: Asphalt; Concrete
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: None
Source of Fincl Data: Owner
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional; 1031 Exchange
Environmental: None
Supplements
features an upgraded vanity and hardware. A sliding Arcadia door opens to a private backyard retreat. Unit 2 (Approx. 900 SF) offers a spacious 2-bedroom, 1-bath layout with vaulted ceilings and stylish block accent walls. Interior upgrades were completed in 2015, with new tile flooring installed in 2020. The kitchen features granite countertops, distressed wood cabinetry, stainless steel appliances (stove, refrigerator, dishwasher, microwave), and modern hardware. A bonus room provides flexible space for an office, den, or additional storage. In 2023, this unit received a new A/C unit, new dryer, painted kitchen cabinets, and additional upgrades. Both units include dual-pane windows, blinds, private paver patios, private storage, and two covered carport spaces at the rear. The expansive yard features low-maintenance desert landscaping, offering privacy and additional outdoor enjoyment.
Located near Downtown Phoenix and surrounded by premier amenities including Biltmore Fashion Park, Camelback Colonnade, Encanto Park, Phoenix Mountains Preserve, Heard Museum, Phoenix Art Museum, and the iconic The Clarendon Hotel. Convenient access to major medical centers including Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital and Medical Center, and the Phoenix VA Health Care System makes this an ideal rental location for medical professionals and students. Easy access to light rail, Sky Harbor Airport, and SR-51, I-10, and Loop 202 freeways enhances long-term desirability.
Listing Office: Russ Lyon Sotheby's International Realty
Last Updated: March - 05 - 2026
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