$659,000
Phoenix, AZ 85008
MLS# 6921007
Status: UCB (Under Contract-Backups)
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Property Description
Turnkey Duplex Investment Opportunity! Live in one unit and have the other help cover your mortgage, or add to your investment portfolio. Two spacious 2-bed, 1-bath units, each updated and well maintained. Over $100K in improvements over the past five years, including a brand-new $35K sewer line (2025), saving the next owner months of hassle and expense. Apt 2 boasts a $10K kitchen remodel (2025), new appliances, and all-new flooring. Apt 1 has updated flooring, and the roof was replaced in 2021. Both units feature private patios and updated A/C units. Prime location just south of Arcadia, offering strong rental demand and excellent long-term appreciation potential.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $659,000
List Price: $659,000
Status: UCB (Under Contract-Backups)
List Date: 2025-09-17
Location, Tax & Legal
Assessor's Map #: 14
Legal Description (Abbrev): ORANGEDALE TR PT N2 LOT 25 N 114' OF S 122' OF E 65' OF W 280'
Assessor's Parcel #: 3
Assessor Parcel Ltr: R
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111201
Taxes: 1017
Legal: ORANGEDALE TR PT N2 LOT 25 N 114' OF S 122' OF E 65' OF W 280'
Marketing Name: Unknown
House Number: 4819
Compass: E
Street Name: CAMBRIDGE
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 1658
County Code: Maricopa
Subdivision: ORANGEDALE TRACT 1,2, & 7,8
Assessor Number: 126-14-003-R
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 65X114
Total # of Units: 2
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Elementary School: Griffith Elementary School
Jr. High School: Griffith Elementary School
High School: Camelback High School
Year Built: 1962
Zoning: R 1-6
Legal Info
Range: 4E
Section: 32
Township: 2N
Lot Number: 25
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Concrete: 1
Vinyl: 1
Other: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1017
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 34200
Pmt & Rate Info
Cap Rate: 4.85
Equity: 680000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
None: 1
Community Features
No Pool: 1
Heating
Natural Gas: 1
Cooling
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Patio/Balcony: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
W/D Hookup: 1
Road Surface Type
Concrete: 1
Gravel: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
1 Space/Unit: 1
Assigned: 1
Electric
SRP: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 850
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 48th St & Thomas Rd
Directions: South on 48th St, East on Cambridge
Geo Lat: 33.477587
Geo Lon: -111.97715
Income Expenses
Gross Annual Sch Inc: 36000
Net Operating Income: 33000
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Concrete; Vinyl; Other
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Patio/Balcony
Appliances Included: Built-In Range; Refrigerator; W/D Hookup
Heating: Natural Gas
Cooling: Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: SW Gas
Parking Features: Carport; 1 Space/Unit; Assigned
Road Surface Type: Gravel; Concrete
Owner Pays: None
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Environmental: None
Listing Office: The Brokery
Last Updated: December - 31 - 2025
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