AZ
Maricopa
Phoenix
85040
1845 E ILLINI Street
1845 E ILLINI Street, Phoenix, AZ 85040
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Listing Type
Multi Family
Listing Status
Active
11
$509,900

Home Details for 1845 E ILLINI Street

Price
$509,900
Type
Residential Income
Year built
2025
County
Maricopa
Listing #
7040008
Listing Courtesy: RE/MAX Excalibur - 480-355-3500
Property Description

2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

Property Features
  • Cooling Information
    • Central Air
    • Ceiling Fan(s)
    • Heat Pump
  • Parking
    • Attached Carport
    • Carport
  • Heating Information
    • Electric
  • Water Features
    • Public
School Information
School Information for 1845 E ILLINI Street, Phoenix, AZ 85040
Elementary School
Percy L Julian School
Middle School
Percy L Julian School
High School
South Mountain High School
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Last Updated: 2026-06-22 15:21:14
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EXIT REALTY COANNAH
610 N. Alma School Rd #18, Chandler, AZ 85224
Megan Strom
License #: SA702324000
Sales Representative
Office
480 284 6283
Agent
253 861 6014
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