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About This Home

This 0-bedroom, 0-bathroom residential multi family at 1301 E DURANGO Street in Phoenix, AZ is listed for $500,000. Built in 1936, on a N/A lot.

Agent Description

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.

Key Features

  • Built in 1936

Property Details

1936

Amenities

A/C

Monthly Cost Estimate

$2,674/mo

20% down · 6.5% · 30 years

Principal$362
Interest$2,167
Insurance$146

Estimates only. Actual payments may vary.

Location

1301 E DURANGO Street

Phoenix, AZ 85034

HILTON PLACE

Property Details

Flooring

VinylTile - CeramicConcrete

Construction

Painted Stucco Block

Parking

Carport

Heating

Central

Cooling

Ceiling Fan(s)Central AirElectric

Appliances

Free-Standing RangeRefrigeratorMicrowave

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 1301 E DURANGO Street is listed at $500,000. The estimated monthly payment is $2,167 based on 20% down at 6.5% interest.

Key features include: Built in 1936.

This property is listed by Josiah Miller and can be reached at 4802903239 or info@josiahmiller.com.

JM

Josiah Miller

Agent at West USA Realty

(480) 290-3239

Listed by West USA Realty · View on Broker Site

MLS# 7042693· Source: listhub· Updated 9 days ago

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.

1301 E DURANGO Street, Phoenix, AZ 85034

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