2314 E HARVARD Street 2, Phoenix, AZ 85006

$525,000
Property Type: Multiple Dwellings Status: Active
Current Price: $525,000 Last Modified: 6/10/2026

Overview

Description

This property is ideal for investors seeking a monthly income in a highly desirable part of town. There are 2 units and a lot of space for the residents who live here. The first unit is a 2-bedroom, 1-bathroom, and the second unit is a 1-bedroom, 1-bathroom. These two units have separate meters. These units are currently being rented out and are under contract.

Listing Details MLS# 7009835

Location, Tax & Legal

House Number
2314
Compass
E
Street Name
HARVARD
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85006
Zip4
1544
Country
US
County Code
Maricopa
Subdivision
AVALON BLOCKS 5-8
Assessor Number
117-08-008
Tax Year
2025
Unit #
2
Assessor's Map #
8
Assessor's Parcel #
8
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
111601
Taxes
1130
Legal
AVALON
Marketing Name
Avalon

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
6770 SQ/F
Year Built
1935
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
2
Zoning
R3 Multiple fa
Elementary School District
Creighton Elementary District
High School District
Phoenix Union High School District

Legal Info

Lot Number
8 1

Income Expenses

Gross Annual Sch Inc
42000
Net Operating Income
42000

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Project Type

Duplex
Yes

Construction

Wood Frame
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Composition
Yes

Floors

Ceramic Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1130
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
39900
Total Monthly Rental Income
3500

Pmt & Rate Info

Cap Rate
7.85
Equity
535000
Down Payment %
1400
Monthly Payments
3500
Total Owed
0

Lockbox Type

Other
Yes

Community Features

No Pool
Yes
General Store
Yes

Heating

Other
Yes

Cooling

Other
Yes

Interior Features

Unfurnished
Yes

Tenant Pays

Water
Yes
Electricity
Yes

Appliances Included

None
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes

Water Source

Other
Yes

Sewer

Sewer - Public
Yes

Parking Features

Other
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Reports/Disclosures

None
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Other (See Remarks) Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool; General Store Interior Features: Unfurnished Appliances Included: None Heating: Other Cooling: Other Water Source: Other Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Other Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Electricity Source of Fincl Data: Owner Lockbox Type: Other New Financing: Cash; FHA; Conventional Environmental: None
IDX
Listing Office: Barrett Real Estate
Last Updated: June - 10 - 2026
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