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$416,900 Just Listed
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Property Description
*AFFORDABLE DUPLEX PRICED THOUSANDS BELOW MARKET!* Excellent opportunity for an owner-occupant or investor. Each unit features **2 bedrooms, 2 baths and a private garage**. Both units are currently occupied on a month-to-month basis, providing flexibility for a buyer who wants to **live in one unit and rent the other--potentially reducing monthly housing costs substantially!** FHA, VA and down-payment-assistance buyers welcome. Investors benefit from existing rental income with a **6%+ estimated return** and tenants willing to extend their leases if desired. Property has been self-managed by the builder/seller. Some minor cosmetic updating and repairs would restore the property's shine and provide an opportunity to add value. Affordable multifamily ownership with income already in place.
Full Property Details
Full Property Details for 1947 E Raymond St
General
- Price: $416,900
- Taxes: $3,491 (2025)
- Status: Active
- Type: Duplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7074366
- Updated: 9/2/2026
- Added to Site: 2 day(s) ago
Interior
- Appliances: Built-In Range, Disposal, Refrigerator, Built-In Electric Oven, Microwave, Washer and Dryer Hookups
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Attached Garage, 1 Space/Unit
Location
- County: Maricopa
- Subdivision: PROGRESS PLACE
- Cross Streets: 20 St/ Broadway
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Electric
- Heating Type: Central, Electric
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 1
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 2020
Lot Features
- Lot Dimensions: 6912 sq ft
- Frontage: Asphalt
- Zoning: R3
Financial Considerations
- Tax Amount: $3,491
- Tax Year: 2025
- Terms: FHA, VA Loan
- Owner Pays: Trash Collection, Water, Sewer
Disclosures and Reports
- Property ID: 122-32-020-C
- Lot Number: 20
Listed by RE/MAX Excalibur
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Schools
Schools serving 1947 E Raymond 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 | 1.7 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 1947 E Raymond St
Date
Details
Price
Change
Source
9/02/2026
Listed
$416,900
—
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 1947 E Raymond St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,491
—
$23,152
-50%
2025
$3,491
8%
$46,550
-13%
2022
$3,238
—
$53,420
10%
2022
$3,238
—
$48,380
52%
2022
$3,238
-2%
$31,770
13%
2021
$3,304
1047%
$28,010
730%
2020
$288
3%
$3,375
35%
2019
$279
16%
$2,505
22%
2018
$240
—
$2,057
—
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 1947 E Raymond St
1947 E Raymond Street, Phoenix, AZ 85040 (MLS# 7074366) is a Duplex property with 4 bedrooms and 0 full bathrooms. 1947 E Raymond Street is currently listed for $416,900 and was received on September 02, 2026. Want to learn more about 1947 E Raymond 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.

