$425,000
Peoria, AZ 85345
MLS# 6924584
Status: Pending
1 / 34
Property Description
Updated duplex w/excellent investment potential. Both units are 2 bed, 1 bath and offer spacious interiors with tile flooring throughout, fresh paint, and ample natural light. Unit B boasts a beautifully renovated kitchen w/ shaker cabinets & quartz countertops. Roof - 2020, HVACs - 2020 and 2025, Water Heaters - 2022. Private yard and exterior storage. Conveniently located near schools, shopping, and parks. Unit A is currently occupied at $1200/month.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $425,000
List Price: $425,000
Status: Pending
List Date: 2025-09-25
Location, Tax & Legal
Assessor's Map #: 42
Legal Description (Abbrev): EDWARDS ADD
Assessor's Parcel #: 24
Add'l Parcels: No
Tax Municipality: Peoria
Census Tract: 71913
Taxes: 1176
Legal: EDWARDS ADD
Marketing Name: EDWARDS ADD
House Number: 8321
Compass: W
Street Name: EDWARDS
St Suffix: Street
City/Town Code: Peoria
State/Province: AZ
Zip Code: 85345
Zip4: 5100
County Code: Maricopa
Subdivision: EDWARD'S ADD.
Assessor Number: 142-42-024
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 7200
Total # of Units: 2
Elementary School District: Peoria Unified School District
High School District: Peoria Unified School District
Elementary School: Cheyenne Elementary School
Jr. High School: Cheyenne Elementary School
High School: Peoria High School
Year Built: 1999
Zoning: Multi Family
Legal Info
Range: 1E
Section: 22
Township: 3N
Block: 2
Lot Number: 11
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 0
Annual Land Lse Exp: 0
Annual Landscape Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 0
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 1176
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 0
Pmt & Rate Info
Cap Rate: 6.5
Equity: 425000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Phone Call: 1
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Electric: 1
Exterior Amenities
Desert Landscaping: 1
Fenced: 1
Partially Fenced: 1
Cable TV Available: 1
Separate Storage: 1
Interior Features
Unfurnished: 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Appliances Included
Dishwasher: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Free: 1
Paved: 1
Add'l Parking Avail: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
None: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 1350
Avg SqFt: 1000
# Baths: 1
1 Bedroom Units
Avg Rent: 1350
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1350
Avg SqFt: 1000
# Baths: 1
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 83rd Ave & Peoria Ave
Directions: from Grand Ave, turn onto Peoria Ave heading northeast, left on 83rd Ave, left on Edwards St, duplex is on left.
Geo Lat: 33.58411
Geo Lon: -112.238907
Status Change Info
Off Market Date: 2025-12-23
Under Contract Date: 2025-12-04
Income Expenses
Net Operating Income: 27624
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping; Fenced; Partially Fenced; Cable TV Available; Separate Storage
Interior Features: Unfurnished; Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; W/D Hookup
Cooling: Electric
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: Add'l Parking Avail; Free; Paved
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional
Environmental: None
Listing Office: RE/MAX Professionals
Last Updated: December - 23 - 2025
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