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$509,900 Just Listed
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Property Description
2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k 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 1728 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.
Full Property Details
Full Property Details for 1845 E Illini St
General
- Price: $509,900
- Taxes: $4,228 (2026)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7040008
- Updated: 6/11/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer and Dryer Hookups
- Flooring: Tile, Carpet
Parking
- Parking Features: Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
Location
- County: Maricopa
- Subdivision: PROGRESS PLACE
- 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: 2025
Lot Features
- Lot Dimensions: 7353 SF
- Frontage: Asphalt
- Zoning: R3
Financial Considerations
- Tax Amount: $4,228
- Tax Year: 2026
- Terms: Conventional, 1031 Exchange
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Property ID: 122-32-090
- Lot Number: 14
Listed by RE/MAX Excalibur
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Schools
Schools serving 1845 E Illini 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 | 0.7 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 | 1.5 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 1845 E Illini St
Date
Details
Price
Change
Source
6/11/2026
Listed
$509,900
—
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 1845 E Illini St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$286
—
$1,899
-87%
2025
$286
8%
$14,595
95%
2022
$266
—
$7,491
68%
2022
$266
—
$4,450
11%
2022
$266
-2%
$4,000
16%
2021
$271
1%
$3,450
29%
2020
$268
3%
$2,670
28%
2019
$259
3%
$2,090
7%
2018
$252
5%
$1,960
4%
2017
$240
5%
$1,890
7%
2016
$228
6%
$1,760
—
2015
$215
8%
$1,760
59%
2014
$199
4%
$1,110
-6%
2013
$192
—
$1,186
—
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 1845 E Illini St
1845 E Illini Street, Phoenix, AZ 85040 (MLS# 7040008) is a Duplex property with 0 bedrooms and 0 full bathrooms. 1845 E Illini Street is currently listed for $509,900 and was received on June 11, 2026. Want to learn more about 1845 E Illini Street? Do you have questions about finding other Duplex real estate for sale in Maryvale? You can browse all Maryvale real estate or contact a Coldwell Banker agent to request more information.

