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$489,900
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Property Description
Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this low-maintenance
Full Property Details
Full Property Details for 1732 E Wood St
General
- Price: $489,900
- HOA FEE: $200
- Taxes: $4,284 (2026)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7039988
- Updated: 7/30/2026
- Added to Site: 71 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer and Dryer Hookups
- Flooring: Tile, Carpet
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 5
Parking
- Parking Features: Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
Location
- County: Maricopa
- Subdivision: BELMONT PARK
- Cross Streets: BROADWAY AT 24 ST
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Heat Pump, Individual
- Heating Type: Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Stucco
- Roof: Composition
- Year Built: 2023
Lot Features
- Lot Dimensions: 7353 SF
- Frontage: Asphalt
- Zoning: R3
Financial Considerations
- Maint. Fee/Month: $200
- Tax Amount: $4,284
- Tax Year: 2026
- Terms: Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Property ID: 122-19-046
- Lot Number: 14
Listed by RE/MAX Excalibur
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Schools
Schools serving 1732 E Wood St
School Districts:Roosevelt Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Percy L Julian School 2149 East Carver Drive, Phoenix, AZ 85040 | 4-8 | 0.6 mi |
Martin Luther King Jr Elementary School 4615 South 22nd Street, Phoenix, AZ 85040 | PK-3 | 0.7 mi |
South Mountain High School 5401 S 7th St, Phoenix, AZ 85040 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1732 E Wood St
Date
Details
Price
Change
Source
6/10/2026
Listed
$489,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1732 E Wood St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,263
—
$2,026
-96%
2025
$4,263
1375%
$54,100
445%
2023
$289
2%
$9,930
36%
2022
$283
—
$7,320
37%
2022
$283
-2%
$5,325
—
2021
$289
1%
$5,325
43%
2020
$286
—
$3,720
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1732 E Wood St
1732 E Wood Street, Phoenix, AZ 85040 (MLS# 7039988) is a Duplex property with 5 bedrooms and 0 full bathrooms. 1732 E Wood Street is currently listed for $489,900 and was received on June 10, 2026. Want to learn more about 1732 E Wood Street? Do you have questions about finding other Duplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

