2925 West HIGHLAND Avenue Phoenix, AZ 85017

$370,000
Reduced $5,000
4
Beds
3
Baths
0.16
Acres
1,684
SQFT
220
$/SQFT
$370,000
Reduced
$5,000
4
Beds
3
Baths
1,684   sf
$220 / sf
Favorite
Ask agent
Share

active
1/41
Street View

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, duplex style, 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 guest house 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 guest house 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 rear guest house 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. The home can be converted back to a 3 bedroom 2 bath home while still having an income producing guest house. 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!

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, duplex style, 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 guest house 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 guest house 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 rear guest house 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. The home can be converted back to a 3 bedroom 2 bath home while still having an income producing guest house. 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!

  • Neighborhood
  • Type
  • Total Baths
  • County
    Maricopa
  • Area
    Phoenix
  • Tax Amount
    $1,347
  • Status
    Active
  • Listing #
    6822859
  • Built
    1953
  • Lot Size
    0.16
  • Listed on site
    31 days
  • Listing Agent Phone
    480-640-1333
  • Builder Name
    Unknown

Listed by:
Redfin Corporation

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
Click for Map
Smart Commute Planner

How Much Is My Home Worth?

Get an instant home-value estimate

Add a destination

Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Interior Features

  • Granite Counters

Property History

DateDays AgoEventNew Price
Mar 11, 202513 days agoPrice decreased5,000 (1%)$370,000
Mar 11, 202514 days agoPrice decreased12,500 (3%)$375,000
Feb 21, 20251 mo agoNew on market$387,500
rating icon
FAIR DEAL
NEW!
Favorite
Ask agent
Share

Tour This Home

Tue
25Mar
Wed
26Mar
Thu
27Mar
Fri
28Mar
Sat
29Mar
Sun
30Mar
Mon
31Mar
Tue
01Apr
Wed
02Apr
Thu
03Apr
Fri
04Apr
Sat
05Apr
Sun
06Apr
Mon
07Apr
in Person
via Video Call
Business Development Representative
Photo of Kathryn Patschke
Kathryn Patschke
8 other people have been looking at this property in the last hour