Properties
Phoenix, AZ 85021 740 W CINNABAR Avenue
$345,000
21 more
Presented By: Rosenbaum Realty Group; 480-588-1333
Home Details
Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $800 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze. This is your chance to build equity, customize to your vision, and maximize value in a well-established area!
Presented By: Rosenbaum Realty Group; 480-588-1333
Interior Features for 740 W CINNABAR Avenue
Bathrooms
Total Baths
Other Interior Features
Air Conditioning Y/NYes
FlooringCarpet, Ceramic Tile
Heating Y/NYes
General for 740 W CINNABAR Avenue
Additional Parcels Y/NNo
Attached Garage No
Cap Rate3.9
Carport Y/NNo
CityPhoenix
Community FeaturesNo Pool
Construction MaterialsWood Frame, Painted, Stucco
CoolingCentral Air
CountyMaricopa
DirectionsFrom I-17 N take exit 208 toward Peoria Ave, Merge onto N Black Cyn Hwy, Head East onto W Peoria Ave, Turn right onto N 9th Ave, Turn left onto W Cinnabar Ave. Property will be on the left.
DisclosuresNone
ElectricSRP
Elementary SchoolMountain View Elementary School
Elementary School DistrictWashington Elementary School District
Garage Y/NNo
Gross Income18624.0
HeatingElectric
High SchoolSunnyslope High School
High School DistrictGlendale Union High School District
Lease Considered Y/NNo
Lease Renewal Y/NNo
Middle/Junior High SchoolRoyal Palm Middle School
MobileHomeRemainsYNNo
Net Operating Income13440.0
New ConstructionNo
New Financing: CashTrue
New Financing: ConventionalTrue
Number Of Units Total2
Occupancy TypeTenant
Open Parking Spaces0.0
Operating Expense872.0
OwnerPaysTrash Collection, Water, Sewer
OwnershipFee Simple
OwnershipFee Simple
Property TypeMultiple Dwellings
Rent Control Y/NNo
RoofComposition
Senior CommunityN
SewerPublic Sewer
Standard StatusActive
StatusActive
Subdivision NameIRONWOOD PLACE
Tax Annual Amount872.0
Tax Lot13
Tax Year2025
Township3N
Year Built1954
ZoningR-3
Exterior for 740 W CINNABAR Avenue
Covered Spaces0.0
Crops Included Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions74x143
Number of Buildings1
Parking FeaturesFree, <1 Space Per Unit
Road Surface TypeAsphalt
SpaNo
Total Parking0.0
Water SourceMaster Meter, City Franchise
Additional Details
Price History
Schools
Middle School
Royal Palm Middle School
High School
Sunnyslope High School
Elementary School
Mountain View Elementary School
