1947 E RAYMOND Street

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Address: 1947 E Raymond St, Phoenix, AZ 85040, USA
Phoenix & Southwest + 2-4 Units
Created date: September 2, 2026
Date last updated: September 24, 2026
Price: $416,900Investment Analyzer NEW!

Property Description

*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.

Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $416,900
No. of Units: 2
Year Built: 2020
Opportunity Zone: No
Price per unit: $208,450
Property Website Click Here
Number of Bedrooms: 4
Number of Bathrooms: 4
Address: 1947 E RAYMOND Street, Phoenix, AZ 85040, USA
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Step 3Final Deal Analysis

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