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Sold for $488,000
  • $488,000

    1728 E WOOD Street, Phoenix, AZ 85040

    5beds
    3baths
    2,600sqft
    Multi Family
    Built in 2025
    -- sqft lot
    $489,000 Zestimate®
    $188/sqft
    $2,306 Estimated rent

    Home value

    $489,000

    $450,000 - $533,000

    $2,306/mo

    Zestimate® history
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    What's special

    Lots of parkingTile floorsSamsung appliances
    2023 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $34k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1732 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.

    Zillow last checked:

    Listing updated:

    Listed by:

    Dean Selvey 480-254-6444,

    RE/MAX Excalibur

    Bought with:

    Thoi Truong, SA564122000

    eXp Realty

    Source: ARMLS,MLS#: 7039986MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 3
    Heating
    • Electric
    Cooling
    • Central Air, Ceiling Fan(s), Heat Pump, Individual
    Appliances
    • Included: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave
    • Laundry: W/D Hookup
    Features
    • Flooring: Tile, Carpet
    Interior area
    • Total structure area: 2,600
    • Total interior livable area: 2,600 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
    • Has carport: Yes
    • Covered spaces: 2
    • Uncovered spaces: 2
    Lot
    • Size: 7,353 Square Feet
    • Dimensions: 7353 SF
    Details
    • Parcel number: 12219044
    • Zoning: R3

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Wood Frame, Stucco
    • Roof: Composition
    Condition
    • Year built: 2025

    Utilities & green energy

    • Electric: SRP, Individual Meter
    • Sewer: Public Sewer
    • Water: City Franchise

    Community & HOA

    Community
    • Features: No Pool
    • Subdivision: BELMONT PARK
    Location
    • Region: Phoenix

    Financial & listing details

    • Price per square foot: $188/sqft
    • Tax assessed value: $516,600
    • Annual tax amount: $4,284
    • Date on market: 6/10/2026
    • Cumulative days on market: 36 days
    • Listing terms: Conventional,1031 Exchange
    • Ownership: Fee Simple
    • Electric utility on property: Yes
    • Road surface type: Asphalt

    Price history

    DateEventPrice
    8/7/2026Sold$488,000-0.4%$188/sqft
    Source: ARMLS #7039986 Report a problem
    7/16/2026Pending sale$489,900$188/sqft
    Source: ARMLS #7039986 Report a problem
    6/10/2026Listed for sale$489,900$188/sqft
    Source: ARMLS #7039986 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$4,284 +1268.3%$51,660 +394.8%
    2024$313 +2.9%$10,440 +439.8%
    2023$304 +2%$1,934 -65.4%
    2022$298 -0.7%$5,595
    2021$300 $5,595 +42.9%
    2020-- $3,915 +17.6%
    2019-- $3,330 +119.8%
    2018-- $1,515 -3.8%
    2017-- $1,575 +9.4%
    2016-- $1,440 -6.3%
    2015-- $1,536 -4%
    2004-- $1,600 -4.8%
    2003-- $1,680
    2002-- $1,680
    Find assessor info on the county website

    Neighborhood: South Mountain

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Percy L Julian School
    • Middle: Percy L Julian School
    • High: South Mountain High School
    • District: Roosevelt 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
    $489,000
    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
    $489,000