About This Home

This 5-bedroom, 3-bathroom residential multi family at 1732 E WOOD Street in Phoenix, AZ is listed for $489,900. Built in 2023, on a N/A lot.

Key Features

  • Built in 2023

Property Details

3 full
2023

Amenities

A/C
Listing Description

Down Payment Assistance programs are available for this duplex, with qualifying. Live in one side and use the other to offset your monthly payment! Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Outstanding opportunity for both investors and owner-occupants!

Built in 2022, this well-maintained duplex is fully leased with reliable, on-time tenants who pay their own electric. Landlord pays water and sewer. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout.

Monthly Cost Estimate

$2,620/mo

20% down · 6.5% · 30 years

Principal$354
Interest$2,123
Insurance$143

Estimates only. Actual payments may vary.

Location

1732 E WOOD Street

Phoenix, AZ 85040

BELMONT PARK

Property Details

Flooring

CarpetTile

Construction

Wood Frame Stucco

Parking

Carport

Heating

Electric (Heating)

Cooling

Varies by UnitHeat PumpCentral AirCeiling Fan(s)

Appliances

Built-In RangeDisposalDishwasherRefrigeratorBuilt-In Electric OvenMicrowaveW/D Hookup

Questions & Answers

This 5-bedroom, 3-bathroom residential multi family at 1732 E WOOD Street is listed at $489,900. The estimated monthly payment is $2,620 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 2023.

This property is listed by Dean Selvey and can be reached at 4802546444.

DS

Dean Selvey

Agent at RE/MAX Excalibur

(480) 254-6444
Agent website

Listed by RE/MAX Excalibur · Broker phone: (480) 355-3500 · View on Broker Site · Broker website

MLS# 7039988· Source: Arizona Regional Multiple Listing Service, Inc.· 118 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1732 E WOOD Street, Phoenix, AZ 85040

Open this listing in: