2236 N 28th Place, Phoenix, AZ 85008

$580,000
4
BD
4
BA

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List Price
$580,000
Status
ACTIVE
Days on Market
0
MLS#
7103367
City
Phoenix
Bedrooms
4
Bathrooms
4
Year Built
1957

Property Description

Renovated, fully occupied duplex in a convenient Central Phoenix location offering immediate rental income and exciting future development potential! This property features two separate 1-bedroom, 1-bathroom units, each with a full kitchen, stainless steel appliances, wood-look vinyl plank flooring, private fenced backyard, washer/dryer hookups, and storage. Both units are separately metered, with existing leases extending into mid-2027. Situated on a 7,526 sq. ft. parcel zoned R-4 multifamily, the property includes additional unused land behind the existing duplex, creating an opportunity for investors and developers to explore expansion or redevelopment. Potential concepts include adding two additional 1-bedroom, 1-bathroom units, building a larger 2-bedroom, 2-bathroom unit with a private yard, or redeveloping the property into a modern multifamily investment property. Buyers may also explore single-family redevelopment possibilities. Ideally located near SR-51, I-10, Downtown Phoenix, and the Biltmore area, with convenient access to shopping, dining, and entertainment. Enjoy rental income today while exploring the possibilities for tomorrow!

Additional Information

Taxes
$778
Units
2
Parking Features
Paved, On Street
Construction
Block, Painted
Roofing
Composition
Cooling
Electric
Heating
Natural Gas
Zoning
R-4
Subdivision
Sandige Square
Community Features
No Pool
Electric
APS, SRP
Water
City Franchise
Sewer
Public Sewer
Tenant Pays
Water, Electricity, Gas, Cable TV, Landscaping
New Financing
VA Loan, FHA, Conventional, Cash
Elementary School
Papago School
Middle School
The Creighton Academy
High School
Camelback High School

Courtesy of Compass. 480-776-1555

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