Active
2925 W HIGHLAND Avenue
Phoenix AZ, 85017
$387,500
$230.11 per sqft
Active
4 Beds
3 Baths
1,684 sqft
Residential
Built in 1953
Looking for a solid investment property with rental income potential? This well-built block home offers a unique opportunity, featuring a main house split into two separate units for maximum rental flexibility. The main house includes: a 2-bedroom, 1-bath unit with a full kitchen, and a 1-bedroom, 1-bath unit with a kitchenette. In addition to these units, there's a Studio ADU in the backyard, complete with a full bathroom and kitchenette. Both main house bathrooms boast tile showers, and the home features newer windows and a new HVAC unit. The side apartment and the ADU each have their own mini-split HVAC system for efficient temperature control. The large backyard is ready to be transformed into an entertainment paradise, and already includes a covered porch and storage shed. The ADU is currently rented for $950/month, and the 1-bed, 1-bath unit is rented for $850/month, with tenants in place who would love to stay. A separate laundry room off the back of the home is shared by all units for added convenience. All utilities are split between the units, maximizing income potential. This property is perfectly located near GCU, shopping, entertainment, and transportation, making it an ideal investment opportunity. Don't miss out on this great income-generating property!
6822859
MLSⓇ ID
February 21, 2025
Listed
February 21, 2025
Updated
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
3
Interior Features
Eat-in Kitchen, No Interior Steps, Granite Counters
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Refrigeration
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Covered Patio(s)
Lot Features
Grass Front
Roof
Composition
Sewer
Public Sewer
Patio And Porch
Covered Patio(s)
School Information
School District
Alhambra Elementary District
High School
Alhambra High School
Elementary School
Granada Elementary School-East Campus
Other Property Details
Taxes
$1,347
Tax Frequency
Annually
Association Amenities
None
Garage
No
View
Yes
County
Maricopa
Water Source
City Water
Pool
No
Pool Features
None
Courtesy of Redfin Corporation, Shelly Dickenson
Listing Contact: 480-640-1333
All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Karen Stroble shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
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Data Last Updated: 5:17 PM UTC, 2/21/2025.