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Sold for $389,000
  • $389,000

    1716 W HADLEY Street, Phoenix, AZ 85007

    4beds
    2baths
    1,482sqft
    Multi Family
    Built in 1948
    -- sqft lot
    $389,000 Zestimate®
    $262/sqft
    $1,825 Estimated rent

    Home value

    $389,000

    $358,000 - $424,000

    $1,825/mo

    Zestimate® history
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    $1,825/mo

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    $2,224/mo

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    $2,224/mo

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    What's special

    Modern lighting fixtures throughoutSpacious lotLuxury vinyl plank flooringUpdated tiled shower
    No vacancies in 5 years! Two Homes on One Lot. Rent out one unit and live for free! Welcome to a rare and elegant dual-home opportunity in the rapidly growing Central City area of Phoenix. This exceptional property features two complete, fully renovated homes on one spacious lot, generating $3,767 in gross monthly rent and offering unmatched versatility for investors, multi-generational families, or owner-occupiers seeking rental income potential. Current leases expire 7/31/2026 and 1/31/2027, providing excellent timing to implement your desired strategy. Nestled on a spacious newly steel-fenced and gated lot, this rare offering combines modern comforts, excellent income potential, and walkable access to downtown dining, culture, and sports venues. The front home is a gorgeously remodeled 2-bed, 1-bath residence with abundant living space, featuring a spacious living room with French doors for elegant privacy, a large open kitchen with full-sized stainless steel gas stove, microwave, dishwasher, French-door refrigerator, and butcher block countertops complemented by beautiful tile work. The home boasts an updated tiled shower, luxury vinyl plank flooring, and modern lighting fixtures throughout. A separate laundry room includes an individual full-sized front-loading washer and dryer, while the exterior offers a 2-car covered carport, 2-car driveway, and extended covered back patio with built-in BBQ. The rear home is an equally stunning 2-bed, 1-bath remodeled residence with beautiful kitchen features including butcher block countertops, digital range, built-in microwave, refrigerator, Shaker cabinets, and modern shelving. The bathroom showcases a lovely tiled shower surround with basin sink and high-arc spray faucet, while the living room features an elegant chandelier. Newer windows throughout provide excellent energy efficiency, low-profile light fixtures grace the bedrooms, and a full-size washer and dryer are included. The private fenced backyard is perfect for pets, with off-street private parking for two vehicles. Both homes were renovated in 2021 and are separately metered and fully self-sufficient with independent utilities. With quick access to I-10 and I-17 freeways and Sky Harbor Airport less than 15 minutes away, commuting is effortless. This prime location in one of Phoenix's most strategic neighborhoods offers no HOA restrictions, giving you complete freedom for how you use the space. Whether you're a savvy investor capitalizing on Phoenix's hot rental market or a homeowner seeking flexibility and rental income, this rare dual-home property on one lot represents an exceptional value with huge upside potential. DRIVE-BY ONLY; please do not disturb tenants. Walkthroughs available only with accepted offers. Buyer to verify all information.

    Zillow last checked:

    Listing updated:

    Listed by:

    Ari Verma 520-979-4301,

    Fathom Realty

    Bought with:

    Jonathan Michael Leaman, SA648438000

    Apex Residential

    Hayley Jamison, SA666580000

    Apex Residential

    Source: ARMLS,MLS#: 7025380MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    Heating
    • Electric
    Cooling
    • Ceiling Fan(s), Electric
    Appliances
    • Included: Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Microwave, Washer/Dryer
    Features
    • Flooring: Vinyl
    Interior area
    • Total structure area: 1,482
    • Total interior livable area: 1,482 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Off Street, Attached Carport, RV Access/Parking, >1 Space Per Unit, Carport
    • Has carport: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Lot
    • Size: 6,667 sqft
    • Dimensions: 52.50' x 127'
    Details
    • Parcel number: 11213085
    • Zoning: R-3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick Veneer, Wood Frame, Stucco, Block
    • Roof: Composition
    Condition
    • Year built: 1948

    Utilities & green energy

    • Electric: APS, Individual Meter
    • Sewer: Public Sewer
    • Water: Master Meter

    Community & neighborhood

    Community
    • Community features: No Pool
    Location
    • Region: Phoenix
    • Subdivision: NORTH GRIER PLACE

    Other

    Other facts
    • Listing terms: Conventional,1031 Exchange,FHA,VA Loan
    • Ownership: Fee Simple
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    6/25/2026Sold$389,000-17.2%$262/sqft
    Source: ARMLS #7025380 Report a problem
    5/8/2026Listed for sale$470,000$317/sqft
    Source: ARMLS #7025380 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: Central City

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • 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.

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    Estimated market value
    $389,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $389,000