5436 S 7TH Street, Phoenix, AZ 85040

$379,000
Property Type: Multiple Dwellings Status: Closed
Current Price: $379,000 Last Modified: 4/17/2026

Overview

Description

First unit is 3 bedroom 1 bath. Second unit is 3 bedroom 2 bath. Space to add units in the rear. Huge potential. Zoned R4. Huge 20,970 sq ft lot. New Owned Solar. New Block Walls. New pavement. New Electrical + Panel. New Roof. See video.

Listing Details MLS# 6942229

Location, Tax & Legal

House Number
5436
Compass
S
Street Name
7TH
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85040
Zip4
3105
Country
US
County Code
Maricopa
Subdivision
REXMERE HEIGHTS
Assessor Number
113-45-010
Tax Year
2024
Assessor's Map #
45
Legal Description (Abbrev)
REXMERE HTS LOT 9 EX N 60' & EX E 7'
Assessor's Parcel #
10
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
115801
Taxes
1911
Legal
REXMERE HTS LOT 9 EX N 60' & EX E 7'
Marketing Name
UNK

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
290 X 72
Year Built
1934
Uncvrd Parking Spcs
4
Total # of Units
2
# of Buildings
Yes
Zoning
R4
Flood Zone
TBD
Elementary School District
Roosevelt Elementary District
High School District
Phoenix Union High School District

Status Change Info

Off Market Date
2026-03-26
Under Contract Date
2026-03-25
Close of Escrow Date
2026-04-17

Legal Info

Township
1N
Range
3E
Section
29
Lot Number
9

More Information

Income Expenses

Gross Annual Sch Inc
3200

Showing Notification Methods

Showing Service
Aligned Showings

3 Bedrooms Units

# 3 Bedroom Units
2
Avg Rent
1400
Avg SqFt
1200
# Baths
2

Sold Info

Loan Type
Conventional
Loan Years
30
Payment Type
Fixed
Closing Cost Split
Normal - N
Buyer Concession $/%
$
Seller Concession $/%
$
Buyer Concession to Seller
0
Seller Concession to Buyer
0

Project Type

Duplex
Yes

Construction

Adobe
Yes

Const - Finish

Stucco
Yes

Roofing

Rolled
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1911
Other Income
100
Vacancy Allowance
0.05
Adjusted Gross Inc
3135

Pmt & Rate Info

Equity
475000
Down Payment %
5
Monthly Payments
0
Total Owed
0

Lockbox Type

Combo
Yes

Community Features

No Pool
Yes

Heating

See Remarks
Yes

Cooling

See Remarks
Yes

Tenant Pays

Other (See Remarks)
Yes

Appliances Included

See Remarks
Yes

Road Access Type

City Street
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Other (See Remarks)
Yes

Water Source

See Remarks
Yes

Sewer

Sewer - Public
Yes

Parking Features

>1 Space Per Unit
Yes
Paved
Yes

Electric

Other (See Remarks)
Yes

Gas

Other (See Remarks)
Yes

Owner Pays

Other
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes
No Carry
Yes
1031 Exchange
Yes
Affordable Housing
Yes

Existing 1st Loan

Treat as Free&Clear
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

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Adobe Const - Finish: Stucco Roofing: Rolled Floors: Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: See Remarks Heating: See Remarks Cooling: See Remarks Water Source: See Remarks Sewer: Sewer - Public Electric: Other (See Remarks) Gas: Other (See Remarks) Parking Features: >1 Space Per Unit; Paved Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Lockbox Type: Combo Existing 1st Loan: Treat as Free&Clear New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange; Affordable Housing Environmental: None
IDX
Listing Office: My Home Group Real Estate
Last Updated: April - 17 - 2026
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