732 E CAROL Avenue, Phoenix, AZ 85020 (MLS# 6942839)

732 E CAROL Avenue, Phoenix, AZ 85020

$1,050,000

Property Type: Multiple Dwellings Status: Active

Current Price: $1,050,000 Last Modified: 6/18/2026

Overview

Description

Brand New Construction... $82,200 NOI !!

Listing Details MLS# 6942839

Location, Tax & Legal

House Number: 732
Compass: E
Street Name: CAROL
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2112
Country: US
County Code: Maricopa
Subdivision: TENGEN PLACE
Assessor Number: 159-37-073
Tax Year: 2024
Assessor's Map #: 37
Legal Description (Abbrev): LOT 14 TENGEN PLACE MCR 002040
Assessor's Parcel #: 73
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104701
Taxes: 418
Legal: LOT 14 TENGEN PLACE MCR 002040
Marketing Name: Tengen Place

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 75x145
Year Built: 2025
Uncvrd Parking Spcs: 8
Total # of Units: 6
# of Buildings: Yes
Zoning: R-3
Flood Zone: No
High School District: Glendale Union High School District

Remarks Misc

Cross Street: 7th street and carol ave
Directions: east to house

Legal Info

Township: 3N
Range: 3E
Section: 28
Lot Number: 14

Income Expenses

Gross Annual Sch Inc: 97200
Net Operating Income: 82200

More Information

Showing Notification Methods

Showing Service: No Showing Service Used
Text: Yes
Phone Call: Yes

1 Bedroom Units

# 1 Bedroom Units: 4
Avg Rent: 1150
Avg SqFt: 500
# Baths: Yes

2 Bedroom Units

# 2 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 735
# Baths: 2

Project Type

5 - 12 Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Vinyl: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 6000
Annual Gas Exp: 4000
Annual Ins Exp: 1200
Annual Maint Exp: 1182
Annual Trash Exp: 750
Annual Wtr/Swr Exp: 1450
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 15000
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 92340

Pmt & Rate Info

Cap Rate: 7.83
Equity: 1050000
Down Payment %: 20
Monthly Payments: 5244
Total Owed: 0

Lockbox Type

Other: Yes

Community Features

No Pool: Yes
Barbecue: Yes

Heating

Heat Pump: Yes

Cooling

Heat Pump: Yes
2 or More Units: Yes

Exterior Amenities

Partially Fenced: Yes

Tenant Pays

Cable TV: Yes

Appliances Included

Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes
Projected Proforma: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

>1 Space Per Unit: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Water: Yes
Sewer: Yes
Electric: Yes
Gas: Yes
Trash Collection: Yes
Landscaping: Yes

New Financing

Cash: Yes
Conventional: Yes
Wraparound: Yes

Special

Owner/Agent: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: 5 - 12 Units Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool; Barbecue Exterior Amenities: Partially Fenced Appliances Included: Built-In Range; Refrigerator; Disposal; Microwave; Washer/Dryer Heating: Heat Pump Cooling: Heat Pump; 2 or More Units Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping Tenant Pays: Cable TV Source of Fincl Data: Owner; Projected Proforma Special: Owner/Agent Showing Notification Methods: Text; Phone Call Lockbox Type: Other New Financing: Cash; Conventional; Wraparound Environmental: None

Listing Office: Your Home Sold Guaranteed Realty

Last Updated: June - 18 - 2026