6944 W VERDE Lane, Phoenix, AZ 85033

$420,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,853 Lot Size (sq. ft.): 6,007 Status: UCB (Under Contract-Backups)
Current Price: $420,000 List Date: 5/26/2026 Last Modified: 6/10/2026

Overview

Description

Excellent cash-flow opportunity! Don't miss this opportunity to own this unique property featuring a 2-bedroom, 2-bath main residence plus three separate studio units, each equipped with a private bathroom and kitchenette. The studios have historically generated $800 per month each in rental income, with one unit currently leased on a month-to-month basis. Ideal for investors seeking immediate income potential or owner-occupants looking to offset expenses with rental revenue.

Listing Details MLS# 7032949

Location, Tax & Legal

House Number
6944
Compass
W
Street Name
VERDE
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85033
Zip4
5618
Country
US
County Code
Maricopa
Assessor Number
102-21-364
Subdivision
MARYVALE TERRACE NO. 49
Tax Year
2025
Assessor's Map #
21
Legal Description (Abbrev)
LOT 238 MARYVALE TERRACE NO. 49 MCR 019945
Assessor's Parcel #
364
Tax Municipality
Phoenix
Taxes
1996

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
3
Full Bathrooms
3
Total Bathrooms
3
Approx SQFT
1853
Price/SqFt
226.66
Horses
N
Builder Name
NA
Year Built
1983
Approx Lot SqFt
6007
Approx Lot Acres
0.138
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Cartwright Elementary District
High School District
Phoenix Union High School District
Elementary School
Cartwright School
Jr. High School
Frank Borman School
High School
Maryvale High School
Half Bathrooms
0

Remarks Misc

Cross Street
N. 71st Ave. & W. Thomas Rd
Directions
Heading East on Thomas Rd. Turn Left onto N. 71st Ave. Turn Right onto W. Verde Ln. Keep Right at the Fork. Home is on the Left.

Legal Info

Township
2N
Range
1E
Section
25
Lot Number
238

Basement

Basement Y/N
N

More Information

Showing Notification Methods

Showing Service
Aligned Showings

Special Listing Cond

N/A
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Other
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Combo
Yes

Master Bathroom

None
Yes

Dining Area

Formal
Yes

Heating

Electric
Yes

Kitchen Features

Electric Oven
Yes
Electric Range
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Hookup
Yes
Gas Dryer Hookup
Yes

Other Rooms

Bonus/Game Room
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Block
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Spaces

Slab Parking Spaces
0
Total Covered Spaces
0

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Plumbing

Electric Hot Wtr Htr
Yes

Utilities

SRP
Yes

Existing 1st Loan

Private
Yes

Landscaping

Dirt Back
Yes
Gravel/Stone Front
Yes

Services

City Services
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: None Spa: None Dining Area: Formal Kitchen Features: Electric Oven; Electric Range; Refrigerator Laundry: Washer Hookup; Gas Dryer Hookup Other Rooms: Bonus/Game Room Construction: Block Const - Finish: Painted; Stucco Roofing: Other Cooling: Central Air Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Landscaping: Dirt Back; Gravel/Stone Front Lockbox Type: Combo Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Private New Financing: Cash; FHA; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: eXp Realty
Last Updated: June - 10 - 2026
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