Courtesy of RE/MAX Excalibur, Dean Selvey Listing Contact: 480-254-6444
5 Beds
3 Baths
$499,900
1905 E ILLINI Street, Phoenix AZ, 85040
Built in2025
Property typeMulti-family
Overview
Active
Listed Jun 10, 2026
Updated Aug 29
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.
Additional information
- MLS® ID
- 7040009
Interior Features
- Bedrooms
- 5
- Bathrooms
- 3
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $4,228
- Tax Frequency
- Annually
Courtesy of RE/MAX Excalibur, Dean Selvey
Listing Contact: 480-254-6444
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Data Last Updated: 4:04 AM UTC, 8/29/2026.
