509 E CENTRE Avenue, Buckeye, AZ 85326

$469,900
Property Type: Multiple Dwellings Bedrooms: 4 Baths: 2 Status: Active
Current Price: $469,900 Last Modified: 9/20/2026

Overview

Description

This new-construction duplex is an ideal year-end addition to your investment portfolio, offering immediate rental income with tenants already in place. Both 896 square foot units feature 2 bedrooms + full bath, private laundry, wood-look tile flooring, shaker cabinetry, stainless steel appliances, and durable, low-maintenance finishes designed for long-term rental use. With both units currently leased under one-year terms, the property offers a truly turnkey opportunity with steady income from day one in a high-growth area.

Listing Details MLS# 7082880

Location, Tax & Legal

House Number
509
Compass
E
Street Name
CENTRE
St Suffix
Avenue
City/Town Code
Buckeye
State/Province
AZ
Zip Code
85326
Zip4
3209
Country
US
County Code
Maricopa
Subdivision
BUCKEYE BLOCKS 1 THRU 3 10 THRU 15
Assessor Number
400-29-020
Tax Year
2025
Assessor's Map #
29
Legal Description (Abbrev)
BUCKEYE
Assessor's Parcel #
20
Add'l Parcels
No
Tax Municipality
Buckeye
Census Tract
50702
Taxes
452
Legal
BUCKEYE
Marketing Name
Duplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
49.95 X 163.11
Year Built
2025
Uncvrd Parking Spcs
10
Total # of Units
2
# of Buildings
Yes
Zoning
DC
Flood Zone
No
Elementary School District
Buckeye Elementary District
High School District
Buckeye Union High School District
Elementary School
Buckeye Elementary School
Jr. High School
Buckeye Elementary School
High School
Buckeye Union High School

Remarks Misc

Cross Street
5TH ST AND CENTRE
Directions
Take I-10 West and exit at Miller Road. Turn left onto Miller Road and head south. Turn left onto Centre Avenue. The duplex will be on the right.

Legal Info

Township
1S
Range
3W
Section
5
Lot Number
5

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1800
Avg SqFt
896
# Baths
Yes

More Information

Structure

Bedrooms Total
4
Bathrooms Total
2

Income Expenses

Gross Annual Sch Inc
42000
Net Operating Income
41548

Showing Notification Methods

Showing Service
Aligned Showings

Project Type

Duplex
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Construction

Wood Frame
Yes

Const - Finish

Wood Siding
Yes
Painted
Yes
Stucco
Yes

Roofing

Tile
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
452
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
42000
Total Monthly Rental Income
3500

Pmt & Rate Info

Cap Rate
8.84
Equity
469900
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

Electric
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Fenced
Yes
Patio/Balcony
Yes

Tenant Pays

Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes

Appliances Included

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

Road Access Type

Alley
Yes

Road Surface Type

Asphalt
Yes
Concrete
Yes
Gravel
Yes

Source of Fincl Data

Owner
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

RV Access/Parking
Yes

Electric

APS
Yes

Gas

None
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Wood Siding; Painted; Stucco Roofing: Tile Floors: Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Patio/Balcony Appliances Included: Free-Standing Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: RV Access/Parking Road Access Type: Alley Road Surface Type: Gravel; Asphalt; Concrete Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: Combo New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: HomeSmart
Last Updated: September - 20 - 2026
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