1707 N 42ND Street, Phoenix, AZ 85008 (MLS# 7023236)

1707 N 42ND Street, Phoenix, AZ 85008

New Listing

$450,000

Virtual Tour

https://www.zillow.com/view-imx/b765df4e-4911-4816-866c-d8ca1189d091?wl=true&setAttribution=mls&initialViewType=pano

Virtual Tour

https://www.zillow.com/view-imx/5bf2d6f6-d505-4608-955f-9be33a38ea07?wl=true&setAttribution=mls&initialViewType=pano

Property Type: Multiple Dwellings Status: Active

Current Price: $450,000 List Date: 5/05/2026 Last Modified: 5/06/2026

Overview

Description

Well-located duplex featuring two 2-bedroom, 1-bath units in one of the Valley's most accessible non-HOA corridors, just minutes from Arcadia, Old Town Scottsdale, Downtown Phoenix & Arizona State University. Each unit offers a functional great room layout, eat-in kitchen, and private living with separate entrances, individual indoor laundry & fully fenced backyards with artificial turf. Interiors include remodeled kitchens & baths, with updated cabinetry, countertops & appliances. Major system updates add long-term value, including a newer roof (approx. 2 years), replaced electrical panel & dual water heaters in 2019. The property features a shared 2-car carport with dedicated storage for each unit. Ideal for owner-occupants, investors, or multi-generational...

Supplements: ...living, this duplex combines strong location, practical layout, and key capital improvements in a high-demand rental area. We've got preliminary numbers through a local lender for a DSCR loan, ask as what we've seen in terms of qualification and cash flow options!

Listing Details MLS# 7023236

Location, Tax & Legal

House Number: 1707
Compass: N
Street Name: 42ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4077
Country: US
County Code: Maricopa
Subdivision: ELLA LEE
Assessor Number: 126-07-070-C
Tax Year: 2025
Assessor's Map #: 7
Legal Description (Abbrev): LOT 4 ELLA LEE MCR 008247
Assessor's Parcel #: 70
Assessor Parcel Ltr: C
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 929
Tax District: T
Legal: ELLA LEE MCR 82/47 LOT 4 EX P/D 3361/532
Marketing Name: ELLA LEE

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 68x98
Year Built: 1960
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-3
Flood Zone: No
Elementary School District: Balsz Elementary District
High School District: Phoenix Union High School District
Elementary School: Griffith Elementary School
Jr. High School: Pat Tillman Middle School
High School: Camelback High School

Remarks Misc

Cross Street: McDowell and 44th St.
Directions: Head East on McDowell to 41st Place, Turn Right to Almeria, Turn Right to 42nd Place, Turn Left to Home on Your Right Hand side.

Legal Info

Lot Number: 4

Income Expenses

Gross Annual Sch Inc: 3200
Net Operating Income: 3200

More Information

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1600
Avg SqFt: 850
# Baths: Yes

Project Type

Duplex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Tile: Yes
Concrete: Yes
Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 929
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 3200

Pmt & Rate Info

Cap Rate: 0.71
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Fenced: Yes
Curb(s) & Gutter(s): Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Separate Storage: Yes

Interior Features

Unfurnished: Yes
Vertical Blinds: Yes
Mini Blinds: Yes

Tenant Pays

Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes
Landscaping: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Carport: Yes
1 Space/Unit: Yes
Attached Carport: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

None: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Existing 1st Loan

Conventional: Yes

Existing 1st Loan Terms

Non Assumable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Tile; Concrete; Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; Curb(s) & Gutter(s); Cable TV Available; Sidewalk(s); Separate Storage Interior Features: Unfurnished; Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP Gas: None Parking Features: Carport; 1 Space/Unit; Attached Carport Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV; Landscaping Source of Fincl Data: Owner Lockbox Type: Supra Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Listing Office: Real Broker

Last Updated: May - 06 - 2026