Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures.
Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification.
Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment.
Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.
For sale
Price cut: $256.8K (6/21)
$500,000
1301 E DURANGO Street, Phoenix, AZ 85034
7beds
4baths
--sqft
Multi Family
Built in 1936
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Contemporary fixturesCovered parkingMultiple uncovered parking spacesUpdated flooringRemodeled bathrooms
- 18 days |
- 211 |
- 18 |
Zillow last checked:
Listing updated:
Listed by:
Josiah Miller 480-290-3239,
West USA Realty
Source: ARMLS,MLS#: 7042693
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Central
Cooling
- Central Air, Ceiling Fan(s), Electric
Appliances
- Included: Free-Standing Range, Refrigerator, Microwave
Features
- Flooring: Ceramic Tile, Vinyl, Concrete
Property
Parking
- Total spaces: 8
- Parking features: Free, Add'l Parking Avail, >1 Space Per Unit, Carport
- Has carport: Yes
- Covered spaces: 2
- Uncovered spaces: 6
Lot
- Size: 10,000 Square Feet
- Dimensions: 100 x 100
Details
- Parcel number: 11537041A
- Zoning: R-2
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1936
Utilities & green energy
- Electric: Other (See Remarks), City Electric
- Sewer: Public Sewer
- Water: City Franchise
Community & HOA
Community
- Features: No Pool
- Subdivision: HILTON PLACE
Location
- Region: Phoenix
Financial & listing details
- Tax assessed value: $304,300
- Annual tax amount: $1,932
- Date on market: 6/16/2026
- Cumulative days on market: 18 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 6/21/2026 | Price change | $500,000-33.9% |
Source:  ARMLS #7042693 Report a problem | ||
| 6/16/2026 | Listed for sale | $756,847+440.6% |
Source: ARMLS #7042693 Report a problem | ||
| 3/20/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/7/2019 | Sold | $140,000-5.4% |
Source: Public Record Report a problem | ||
| 7/5/2019 | Price change | $148,000-3.9% |
Source: Owner Report a problem | ||
| 6/28/2019 | Price change | $154,000-4.9% |
Source: Owner Report a problem | ||
| 5/10/2019 | Price change | $162,000+11% |
Source: Owner Report a problem | ||
| 4/28/2019 | Price change | $146,000-15.6% |
Source: Owner Report a problem | ||
| 4/23/2019 | Price change | $173,000+11.6% |
Source: Owner Report a problem | ||
| 4/16/2019 | Price change | $155,000-4.9% |
Source: Owner Report a problem | ||
| 3/23/2019 | Listed for sale | $163,000-3% |
Source: Owner Report a problem | ||
| 2/2/2019 | Listing removed | $168,000 |
Source: Owner Report a problem | ||
| 1/24/2019 | Price change | $168,000-9.2% |
Source: Owner Report a problem | ||
| 1/5/2019 | Price change | $185,000+12.1% |
Source: Owner Report a problem | ||
| 12/18/2018 | Price change | $165,000-6.8% |
Source: Owner Report a problem | ||
| 12/14/2018 | Listed for sale | $177,000+41.6% |
Source: Owner Report a problem | ||
| 9/11/2018 | Sold | $125,000 |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,932 +6.2% | $30,430 +19.8% |
| 2024 | $1,819 +266.6% | $25,400 +647.5% |
| 2023 | $496 +3.7% | $3,398 -70.3% |
| 2022 | $479 -0.4% | $11,430 +51.4% |
| 2021 | $480 +0.2% | $7,550 +2.7% |
| 2020 | $479 +1.7% | $7,350 +35.9% |
| 2019 | $471 | $5,410 +4.8% |
| 2018 | $471 +2.4% | $5,160 -1.3% |
| 2017 | $460 +11.2% | $5,230 +9.9% |
| 2016 | $414 +0.8% | $4,760 +10.7% |
| 2015 | $411 | $4,300 +47.8% |
| 2014 | -- | $2,910 +47.7% |
| 2013 | -- | $1,970 -21.5% |
| 2012 | -- | $2,510 -26.6% |
| 2011 | -- | $3,420 -52.7% |
| 2010 | -- | $7,230 -41% |
| 2009 | -- | $12,250 -12.5% |
| 2008 | -- | $14,000 +26.7% |
| 2007 | -- | $11,050 +33.9% |
| 2006 | -- | $8,250 |
| 2005 | -- | $8,250 +33.1% |
| 2004 | -- | $6,200 |
| 2003 | -- | $6,200 +85.1% |
| 2002 | -- | $3,350 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Silvestre S Herrera SchoolGrades: PK-8Distance: 0.5 mi
- 2/10North High SchoolGrades: 9-12Distance: 3.5 mi
Schools provided by the listing agent
- Elementary: Silvestre S Herrera School
- Middle: Silvestre S Herrera School
- High: North High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85034
- Central City
- 1301 E DURANGO Street
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