1809 N 42ND Street, Phoenix, AZ 85008 (MLS# 7024741)

1809 N 42ND Street, Phoenix, AZ 85008

$649,000

Property Type: Multiple Dwellings Status: Active

Current Price: $649,000 Last Modified: 5/07/2026

Overview

Description

Exceptional investment opportunity in the desirable Arcadia/Osborn corridor! This beautifully renovated duplex features two separate 2 bed / 1 bath units, each currently operating as STR and offering excellent flexibility for short-term, long-term, or owner-occupant use. Both units are move-in ready with updated finishes, stainless steel appliances, open-concept living spaces, and wood-look LVP flooring throughout. Each residence includes its own private yard space, dedicated carport parking, and access to a shared laundry room--rare amenities that enhance tenant and guest appeal. A turnkey income-producing property in one of Phoenix's most sought-after central locations.

Listing Details MLS# 7024741

Location, Tax & Legal

House Number: 1809
Compass: N
Street Name: 42ND
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4082
Country: US
County Code: Maricopa
Subdivision: Arcadia Osborne
Assessor Number: 126-07-074
Tax Year: 2025
Assessor's Map #: 7
Assessor's Parcel #: 74
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 111300
Taxes: 945
Legal: ELLA LEE
Marketing Name: Arcadia Osborne

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6695
Year Built: 1960
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: Yes
Zoning: R-3
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: 44th St and McDowell

Legal Info

Township: 2N
Range: 4E
Section: 31
Lot Number: 9

Income Expenses

Gross Annual Sch Inc: 39413.21

More Information

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1.64
Avg SqFt: 791
# Baths: Yes

Project Type

Duplex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Building(s) Only: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 945
Other Income: 0
Vacancy Allowance: 0.3
Adjusted Gross Inc: 27589.25

Pmt & Rate Info

Equity: 649000
Down Payment %: 1.5
Monthly Payments: 4444.52
Total Owed: 0

Lockbox Type

Other: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes

Exterior Amenities

Desert Landscaping: Yes
Fenced: Yes
RV/Boat Parking: Yes
Separate Storage: Yes

Tenant Pays

None: Yes

Appliances Included

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

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
On Street: Yes
1 Space/Unit: Yes
Paved: Yes
RV Access/Parking: Yes
Attached Carport: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Electric: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
No Carry: Yes

Existing 1st Loan

Conventional: 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: Vinyl Sale Includes: Building(s) Only Community Features: No Pool Exterior Amenities: Desert Landscaping; Fenced; RV/Boat Parking; Separate Storage Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Electric Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; On Street; 1 Space/Unit; RV Access/Parking; Paved; Attached Carport Road Surface Type: Asphalt Owner Pays: Water; Electric; Trash Collection; Landscaping Tenant Pays: None Source of Fincl Data: Projected Proforma Showing Notification Methods: Text Lockbox Type: Other Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional; No Carry Environmental: None

Listing Office: SERHANT.

Last Updated: May - 07 - 2026