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$699,900
6 Beds 4 Baths 7053495 MLS
This is not your average duplex! Brand-new duplex completed in August 2025 with more than $70K in additional improvements and enhancements. This turnkey property features two spacious 3-bedroom, 2-bathroom units with upgraded finishes, tile flooring throughout, spray foam insulation, large laundry rooms, and all appliances included. Additional improvements include a gated front entrance, fully fenced front yard, covered pergola with two ceiling fans, artificial turf, and newly planted ficus trees for added privacy. Unit 2 features beautifully renovated bathrooms. Each unit has its own private RV gate. Strong rental potential with multiple strategies for short-term, furnished, or long-term rentals. Located in a designated Opportunity Zone and ideal for investors or owner-occupants.

1724 S 1st Street, Phoenix

Listing courtesy of Listing Agent: Eddy Elkassis (810-813-5550) from Listing Office: AZ Realty & Rentals.

$205,000
3 Beds 2 Baths 7022580 MLS
Investor opportunity in central Phoenix priced at approximately 52% of ARV. Listed at $250,000 with a projected ARV of $475,000, this property offers a $225,000 equity spread before rehab and sits well below the 70% rule of thumb most flippers target. The spread is intentional and reflects the scope of work remaining. The home is currently configured as a 2 bed 1 bath with an additional bedroom and bathroom that has been closed off from the main living area. Previous renovations got fairly far along with electrical work but the project is unfinished. There is no HVAC system in place, so a full install with ductwork should be factored into rehab. Most of the home is opened up to framing, giving the next buyer a clean canvas to design around their exit strategy rather than working through finished surfaces. The highest leverage play here is a roughly 400 square foot addition between the front and rear sections of the home to create a true central living room. That converts the property into a proper 3 bed 2 bath layout with normal flow, which is what retail buyers in this price bracket consistently pay for. This is the path to the $475K ARV. The strongest hidden edge on this property is the backyard. The seller installed a higher end pool a few years ago and based on a review of recent comparable sales in the area, no comps under 500k have pools. That is a meaningful differentiator on the resale side and a feature retail buyers in Phoenix consistently pay a premium for, especially in this price bracket. This is a project, not a paint and carpet flip. The numbers work because the price reflects the scope. For the right investor with a contractor lined up, the combination of a 52% ARV entry, a framing-level canvas, an addition opportunity, and a pool that none of the comps have is the kind of setup that does not come around often in this market. Serious inquiries only. Proof of funds required.

1612 S 5th Street, Phoenix

Listing courtesy of Listing Agent: Jose A Reyes Alvarez (602-903-8565) from Listing Office: RETSY.

Selling Office: RETSY.

$349,900
3 Beds 2 Baths 6585289 MLS
Location, location, location! This tastefully updated single-level home seamlessly blends comfort and style. With 3 beds, 2 baths, and a 2-car garage, it efficiently accommodates modern living. Discover a semi-open layout paired with welcoming living & dining areas, neutral palette, wood-look tile flooring, and vaulted ceilings that add to the airy feel. The spotless kitchen comes with quartz counters and white shaker cabinets. Main bedroom is a good-sized sanctuary designed for relaxation! It boasts a walk-in closet & a private bathroom w/dual sinks. The backyard is a versatile space, featuring both covered & open patios that invite al fresco dining or enjoying BBQ. An RV gate opens to an alley, offering practical access and storage possibilities. Fresh paint inside & out! Don't miss it!

1721 S 2nd Street, Phoenix

Listing courtesy of Listing Agent: Jacob Jennings Ash (480-437-4835) from Listing Office: Presidential Realty, LLC.

Selling Office: My Home Group Real Estate.

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