Powered by 
- 0
- 7
- Overview
- Description
- Property Details
- Location
- Facts & Features
- Getting Around
- Nearby Homes
Street View
$416,900
Monthly Est:$2,075
4 Beds
4 Baths
--sqft
1947 E Raymond St, Phoenix, AZ 85040
$416,900
$2,075/moEst:
Get Pre-Approved
Townhouse
Built in 2020
$-- HOA
-- sqft lot
--/sqft
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.
- Houzeo last checked: 12 hours ago
- Listing updated: September 19, 2026 at 5:06 pm
- Listing Provided by: Dean Selvey (480) 254-6444 | RE/MAX Excalibur (480) 355-3500
- Source: Arizona Regional Multiple Listing Service-AZ | MLS#: 7074366
Property Details
Status
Active Under Contract
Type
Townhouse
No. of Stories
-
County
City
Neighborhood
Year Built
2020
HOA Fees
-
Finished Area
- sqft
Lot Size
-- sqft lot
Basement Area
- sqft
MLS Name
Arizona Regional Multiple Listing Service
MLS Number
7074366
MLS Status
UCB (Under Contract-Backups)
Days on Market
31
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Download App
Continue Your Journey in App
Find your dream home, receive real-time updates, and many more!
Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 4
Interior
Appliances
Built In Range, Refrigerator, Disposal, Microwave, W/d Hookup, Built In Electric Oven
Sewer
Public Sewer
Heating
Electric, Central
Cooling
Central Air, Electric, Ceiling Fan(s)
Construction
Year Built
Year Built: 2020
Home type
Townhouse
Roof
Composition
Construction Materials
Wood Frame, Painted, Stucco
Utilities & Energy
Parking Features
1 Space/unit, Attached Garage
Water Source
City Franchise
Electric
Srp
Other Features
Disclosures
Seller Prop Disc Stm
Subdivision Name
Progress Place
Community Features
See Remarks
Tenant Pays
Electricity, Landscaping
Price History
| Date | Event | Price |
|---|---|---|
09/19/2026 Source: | Contingent (Active Under Contract) | $416,900 $0/sqft |
09/02/2026 Source: | Listed for Sale | $416,900 $0/sqft |
Nearby Homes
Find Homes by Property Features in Phoenix, AZ
Based on information from the Arizona Regional Multiple Listing Service through Oct 02, 2026, 09:00AM. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Listing Information presented by local MLS brokerage: Sell Your Home Services, local REALTOR®- Dan Demers (774) 265-0879. Information is provided exclusively for personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
Advertising Broker: Daniel Demers (267) 341-8337 | Sell Your Home Services