1716 W HADLEY Street, Phoenix, AZ 85007

$470,000
Property Type: Multiple Dwellings Status: Active
Current Price: $470,000 Last Modified: 5/08/2026

Overview

Description

No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues.

Supplements: The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The h ...

Listing Details MLS# 7025380

Location, Tax & Legal

House Number
1716
Compass
W
Street Name
HADLEY
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85007
Zip4
3529
Country
US
County Code
Maricopa
Subdivision
NORTH GRIER PLACE
Assessor Number
112-13-085
Tax Year
2025
Assessor's Map #
13
Legal Description (Abbrev)
NORTH GRIER PL
Assessor's Parcel #
85
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
114302
Taxes
522
Legal
NORTH GRIER PL
Marketing Name
Hadley

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
52.50' X 127'
Year Built
1948
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
2
Zoning
R-3
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District

Legal Info

Township
1N
Range
3E
Section
7
Lot Number
20

Income Expenses

Gross Annual Sch Inc
45204

More Information

Showing Notification Methods

Showing Service
Aligned Showings

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1885
Avg SqFt
741
# Baths
Yes

Project Type

Duplex
Yes

Construction

Block
Yes
Wood Frame
Yes

Const - Finish

Stucco
Yes
Brick Veneer
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
522
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
45204

Pmt & Rate Info

Equity
470000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Electric
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes

Appliances Included

Dishwasher
Yes
Disposal
Yes
Free-Standing Electric Oven
Yes
Microwave
Yes
Refrigerator
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Accountant
Yes

Water Source

Master Meter
Yes

Sewer

Sewer - Public
Yes

Parking Features

Carport
Yes
>1 Space Per Unit
Yes
RV Access/Parking
Yes
Attached Carport
Yes
Off Street
Yes

Electric

APS
Yes
Individual Meter
Yes

Gas

SW Gas
Yes
Individual Meter
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes
1031 Exchange
Yes

Reports/Disclosures

None
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; Wood Frame Const - Finish: Stucco; Brick Veneer Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric Water Source: Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas; Individual Meter Parking Features: Carport; >1 Space Per Unit; RV Access/Parking; Attached Carport; Off Street Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Accountant Lockbox Type: None New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None
IDX
Listing Office: Fathom Realty
Last Updated: May - 08 - 2026
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