AZ
Maricopa
Phoenix
85040
1905 E ILLINI Street
1905 E ILLINI Street, Phoenix, AZ 85040
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Listing Type
Multi Family
Listing Status
Active
9
$499,900

Home Details for 1905 E ILLINI Street

Price
$499,900
Type
Residential Income
Bedrooms
5
Total Bathrooms
3
Year built
2025
County
Maricopa
Days on site
91
Listing #
7040009
Listing Courtesy: RE/MAX Excalibur - 480-355-3500
Property Description

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

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 1905 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: 2026-09-17 00:42:17
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EXIT REALTY LIVING
64 E. Broadway Rd. Ste 200, Tempe, AZ 85282
Office
480 791 4604
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