1301 E Durango St
Phoenix, AZ 85034
Active
$714,800
-5.6%
1301 E Durango St Phoenix, AZ 85034
Duplex
Property Type
7
Beds
4
Baths
1936
Year Built
Maricopa
County
Fantastic investment opportunity in the heart of Phoenix! This unique property features two detached homes on one oversized 10,000+ square foot lot, offering immediate cash flow and future upside. The front home offers 5 bedrooms and 2 bathrooms (rented for $3,200 per month), while the second home features 3 bedrooms and 2 bathrooms (rented for $2,161 per month). Both residences have been updated with modern finishes including upgraded kitchens, remodeled bathrooms, updated flooring, and contemporary fixtures.
Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification.
Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment.
Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.
Currently generating strong rental income with both units occupied, this property is ideal for investors seeking a turnkey addition to their portfolio. Zoned R-2 with ample land remaining, the property offers potential for additional units or future redevelopment opportunities, subject to buyer verification.
Additional highlights include block construction, covered parking, multiple uncovered parking spaces, separate living areas, and a central Phoenix location with convenient access to I-10, Sky Harbor Airport, Downtown Phoenix, employment centers, shopping, dining, and entertainment.
Whether you're looking to expand your rental portfolio, house hack, or capitalize on future development potential, this income producing property offers exceptional flexibility and value.
MLS #
7042693
Monthly HOA
N/A
On Site
123 Days
Last Updated
10/1/2026
Location
Contact Agent
Marcelino Lopez
Property Details
Community Information
School Information
School District
Phoenix Elementary District
High School
North High School
Middle School
Silvestre S Herrera School
Elementary School
Silvestre S Herrera School
Architecture
Bedrooms
7
Bathrooms
4
Year Built
1936
Construction Materials
Painted, Stucco, Block
Roof
Composition
Covered Spaces
2.0
Open Parking Spaces
6.0
Parking Features
Free, Add'l Parking Avail, >1 Space Per Unit, Carport
Features / Amenities
Appliances
Free-Standing Range, Refrigerator, Microwave
Flooring
Ceramic Tile, Vinyl, Concrete
Horses
No
Cooling
Central Air, Ceiling Fan(s), Electric
Heating
Central
Property Features
Lot Dimensions
100x100
Community Features
No Pool
Electric
Other (See Remarks), City Electric
Sewer
Public Sewer
Water
City Franchise
Gas
SW Gas
Electric
City Electric, Other (See Remarks)
Road Surface
Asphalt
Zoning
R-2
Directions
From I-10, take the 16th St exit and head north. Turn left (west) on Durango St. Property is located on the northwest corner of Durango St and 14th St.
Tax and Financial Info
Tax Year
2025
Tax Annual Amount
$1,932
Ownership
Fee Simple
Listing Terms
Cash, Conventional, 1031 Exchange
Maintenance Expense
$3,000
Insurance Expense
$1,300
Gross Income
$61,115.40
Net Income
$60,032
Existing 1st Loan
Treat as Free/Clear
Disclosures
Seller Prop Disc Stm
Legal Description
HILTON PL MCR 22-33 LOT 13 BLK 1 EX TH POR OF ALLEY LY S OF & AJD TO SD LOT ANNEX ORD #G-273 PER DOC
Listing Office
Listing provided courtesy of West Usa Realty (602-942-4200).
Mortgage Calculator
Your monthly payment will be
$0,000
Loan and interest only.
Purchase price
Down payment
Price Change History
| Date | Old Price | New Price | Percent Change |
| 6/21/2026 | $756,847 | $500,000 |
-33.9%
|
| 7/7/2026 | $500,000 | $714,800 |
43%
|
Schools
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Listing Information Last Updated 10/1/2026
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.