1845 E ILLINI Street

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Address: 1845 E Illini St, Phoenix, AZ 85040, USA
Phoenix & Southwest + 2-4 Units
Created date: June 11, 2026
Date last updated: September 25, 2026
Price: $499,900Investment Analyzer NEW!

Property Description

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $499,900
No. of Units: 2
Year Built: 2025
Opportunity Zone: No
Price per unit: $249,950
Property Website Click Here
Number of Bedrooms: 5
Number of Bathrooms: 3
Address: 1845 E ILLINI Street, Phoenix, AZ 85040, USA
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