1724 S 1ST Street, Phoenix, AZ 85004 (MLS# 7053495)

1724 S 1ST Street, Phoenix, AZ 85004

$675,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Closed

Current Price: $675,000 Last Modified: 10/08/2026

Overview

Description

SELLER OFFERING $12,000 IN CLOSING CONCESSIONS! Use toward an interest-rate buydown or eligible closing costs. Built in 2025 with $70K+ in premium custom upgrades, this turnkey Central Phoenix duplex features two spacious 3BR/2BA units. Interior highlights include tile flooring throughout, high-efficiency spray foam insulation, private laundry rooms, and all appliances. Exterior features include a gated/fenced front yard, covered outdoor pergola with ceiling fans, artificial turf, privacy ficus trees, and separate RV gates. Unit 2 boasts newly renovated bathrooms. Separate electric meters; tenants pay water, sewer, and electric. Strong income potential with multiple rental strategies. Perfect for investors or owner-occupants!

Listing Details MLS# 7053495

Location, Tax & Legal

House Number: 1724
Compass: S
Street Name: 1ST
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85004
Zip4: 2802
Country: US
County Code: Maricopa
Subdivision: COPE ADD BLKS 7-10
Assessor Number: 112-39-083
Tax Year: 2025

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 112x82
Year Built: 2025
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-3
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Silvestre S Herrera School
Jr. High School: Silvestre S Herrera School
High School: Central High School

Status Change Info

Off Market Date: 2026-09-24
Under Contract Date: 2026-09-12
Close of Escrow Date: 2026-10-08

Legal Info

Township: 1N
Range: 3E
Section: 17
Lot Number: 11

More Information

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 2600
Avg SqFt: 1159
# Baths: 2

Structure

Bedrooms Total: 6
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 62400
Net Operating Income: 58530

Showing Notification Methods

Showing Service: Aligned Showings

Sold Info

Loan Type: VA
Loan Years: 30
Payment Type: Other
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession to Buyer: 3
Seller Concession $/%: %

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Landscape Water System; Fenced; RV/Boat Parking Interior Features: Fire/Smoke Alarm(s) Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer Cooling: Ceiling Fan(s); Electric; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: Carport; >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: None Tenant Pays: Water; Sewer; Electricity Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: Combo New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: AZ Realty & Rentals

Office Phone: 520-356-5500

Office Email: jay@azrealtyandrentals.com

Last Updated: October - 08 - 2026