Find the newest duplex home listings in Arizona, today! Arizona is a beautiful state to call home. Not only are there many desirable cities with excellent real estate options, but there are some of the best amenities around. Arizona features a healthy economy with a thriving tech sector with plenty of work and a relatively low cost of living. Many people relocate to the home of the Grand Canyon because of the fabulous weather and endless outdoor activities. With major cities like Phoenix, Scottsdale, Tucson, Mesa, Tempe, Chandler, Glendale, Goodyear, and many more, those looking to relocate to this state have plenty of fantastic options. For more information on real estate for sale in Arizona, schedule a showing, call us today or send us an email.
Gearing up to buy or sell a duplex home soon in Arizona? Call Us at (602) 842-5050. Your Arizona realty team is here to help navigate the Arizona real estate market.
Arizona has a prolific real estate market in all of its major cities and surrounding areas. There has been an explosion of growth in Arizona in recent years due to so many perks being offered to residents. Some include quality of life, job opportunities, and housing options. Duplexes have a large portion of the real estate market in Arizona.
A duplex is a multi-family property containing two units under one roof. They often resemble townhomes, but duplexes are just two units.
Arizona has a lot of options when it comes to purchasing a duplex in any major city or surrounding area. Prices for Arizona duplexes range from $60,000 to $3 million, depending on the size and age of the property. There are also plenty of opportunities to purchase a vacant lot that is ready for construction.
As with most major cities, you can easily find duplexes in places like Pheonix, Tempe, and Goodyear, but there are plenty of smaller cities and towns if big city life isn’t for you. While there will naturally be more opportunities for housing and jobs in the bigger cities, Arizona as a whole is a great place to relocate.
If you’re in the market for purchasing your first home or a new home, consider purchasing a duplex. Given that there are many budget-friendly options, a duplex is a sound investment that can get you in the door of real estate investing. Especially in Arizona, where there is a wide range of prices for duplexes, there is a property for every budget. As a homeowner, purchasing a duplex can be around the same price as a single-family home but can have several perks. Not only can you supplement your mortgage by having some rental income, but you can also get different mortgage options that provide interest rate savings and sometimes even relieve the need for a down payment. If you’re not keen on the idea of becoming a landlord, you can always rent out one unit to family and live in the other. If you’re ready to take on the role of a property manager, you can find a tenant to take over that space. Owning a duplex affords you some options that single-family homeowners don’t have. You have the option to rent it to whomever you like, you can help out friends and family comfortably in times of need, or you can rent out both units and be well on your way to becoming a seasoned pro. Having a duplex allows you a bit more freedom. Suppose you have a family member who needs a little more care and help in their daily life. A duplex would be an ideal solution for you because it allows you to be close yet maintain your privacy with separate units. Regardless of why you’re in the market for a duplex, there are plenty of great reasons to consider purchasing one. If you’re looking for a duplex in Arizona, you’ll want to take a look at some of the fantastic options on the market.
Househunting is always the most exciting part of purchasing a new home, but educating yourself on the process of financing a duplex can take a little bit of research and work. Buying a single-family home is a bit more straightforward, but the benefit of buying a duplex in Arizona is that you have a few more options. If you have cash on hand to purchase a duplex outright, then you don’t have to worry about which financing route you’re going to take. However, most buyers are going to need a mortgage to get their new home, and there are a few different ways to get to your destination.
Suppose you’re ready to be a landlord and you’re looking to purchase your duplex as an investment property. In that case, you will need to seek out a traditional mortgage through your bank or lender. Since investment properties are a higher risk, you’ll likely need top-notch credit and a sizable down payment to qualify for traditional financing. One of the perks is using the estimated future rental income towards your chances for approval.
If you plan to live in one of the units and rent out the other, you can apply for an owner-occupier mortgage. This loan is through the FHA, and it offers buyers many incentives for taking advantage of it. The FHA doesn’t require a large down payment, and it has more relaxed rules for approval. Given the name, you must reside in one of the units to qualify for this mortgage.
The last option for financing a duplex in Arizona is the VA mortgage. If you are a current or former member of the US military, you can apply for a VA loan. The loan doesn’t require a down payment and offers low-interest rates, and it also is more relaxed in terms of requirements. To qualify for this loan, you must reside in one of the units.
GetMultiFamily.com is the best way to purchase or sell a multi-family home in Arizona. Our network of buyers, sellers, and clients makes your transaction seamless and stress-free. Our team specializes in the multi-family home market and can help you buy or sell your Arizona duplex today. The Cap Core Real Estate Group helps all our clients find their dream property. Launched by Patrick O’Sullivan, the impressive Cap Core team is ready to handle all your real estate needs. With his previous experience as the real estate advisor for U-Haul, Patrick knows what it takes to be successful and provide an excellent customer experience. He’s also award-winning, having received the Agent of the Year and the CCMI (Certified Commercial Investment Member) designation. If you’re looking for your next Arizona investment property with a multi-family home, trust the GetMultiFamily.com team today.
$10,000 Seller Contribution Available!! Active Vacation Rental in a Prime Downtown Phoenix Location. Lot can be zoned Commercial and combined with the lot next door. The...
$10,000 Seller Contribution Available!! Active Vacation Rental in a Prime Downtown Phoenix Location. Lot can be zoned Commercial. There is also attic space that can be co...
This charming duplex features 3 bed, 2 bath, 1 car garage units with individual backyards and cinder block walls. New roof as of fall 2022; new a/c units as of summer 202...
Well maintained duplex in Youngtown , Az. Property consist of fairly large 1 bed room units with one full bath of approx. 750sq ft. Both tenants are on M2M tenancy. Separ...
Duplex for sale in the great Pinal County, this piece of real estate has been well maintained. Currently tenant occupied, Each Unit has a 2 bedroom, 2 bathrooms, breakfas...
LOCATION !! LOCATION !! LOCATION !! Investment opportunity in Mesa ! One building, two units with two bedrooms, and one bathroom each. Includes an extra unit of one bedro...
Heritage District Downtown Gilbert- GOLD MINE Investor Opportunity. 7.5 CAP RATE RENTURN PROFORMA. Month to month tenants. By App Only showings during diligence period. D...
This duplex offers a great location right off of downtown Phoenix, would make for a good AirBnB. Occupied by large family with flexible leases and opportunity to increase...
Two amazing homes on one parcel. with two addresses! One complete remodel and the other a new build. Great rental income with easy or almost no maintenance. Also easy to...
Nearly a 7% Cap with room to increase rents! This duplex is in a great location situated just 1.5 miles to Asu and 2.5 miles to Old town Scottsdale. Each unit features 2 ...
Great value with an excellent location for this remodeled Tempe Duplex. Close proximity to ASU and university transportation. Property features two spacious 1 bedroom, 1 ...
Fully Rented Investment Property. Two units each unit is 2bdrm 1bath. Interior has been completely redone last year with new paint, new flooring, new plumbing pipes and f...
Brand new roof as of July 2022 with transferable warranty! Excellent investment opportunity!!! Wonderful income producing Phoenix duplex on an oversized lot in a great lo...
*** NOT FOR RENT *** 2 DETACHED UNITS *** CLOSE TO ASU *** Looking for an investment opportunity? Get two detached units on one lot with this great opportunity in Tempe n...
Great Re-development opportunity on nearly 1.6 acre lot. Prelim Plans are in the works with the City of Phoenix for 8 single family homes, individually platted. See at...
HUGE R-3 zoned lot in Sunnyslope. Front unit is 3 bedrooms, 2 baths 1092 sq ft, back unit 355 sq ft with 1 bedroom, 1 bath, full kitchen both remodeled by owner in 2016. ...
Fabulous duplex in the heart of Phoenix! This property offers 1 carport space per unit plus an extended driveway & a gated front yard with a grassy area & mature palm tre...
Great access and visibility off Cave Creek Road and Peoria. Two building, first unit is 2 beds one bath. Second unit is one bed one bath. Original residential dwelling wa...
COME AND SEE THE POTENTIAL THIS UGLY DUPLEX HAS, NEEDS TO BE TOTALLY REHABBED. THIS PROPERTY IS LOCATED NEAR DOWNTOWN PHOENIX AND CLOSE TO FREEWAYS, SHOPPING CENTERS, SCH...
Welcome to the Glenrosa Deux, the most unique income producing property to ever be constructed in Old Town Scottsdale. The property consists of 2 units, both at 1380 sq/...
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