Maricopa Homes with Assigned Parking Features

Maricopa Homes with Assigned Parking Features

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Newest Maricopa Homes with Assigned Parking Features

$769,999
7057410 MLS
Attention aspiring SHORT TERM RENTAL owners!! This is an amazing opportunity to turn a profit and own an investment property. Numbers for only ONE side of the duplex provide a $39K revenue. To help ease the new owners worries there are new roofs on both sides, new AC unit on one side, new water heater on one side, both units come with W/D, refrigerators and blinds. This Is a prime Tempe investment opportunity! This beautifully updated duplex is located in one of the Valley's strongest rental markets, just minutes from Arizona State University, Sky Harbor International Airport, Downtown Tempe, Tempe Town Lake, and major employment hubs. With easy access to Loop 202, SR-143, and I-10, this is an ideal location for attracting long and short-term tenants. Each unit offers a modern, open-concept layout with designer finishes, granite countertops, stainless steel appliances, wood-look tile flooring, spacious bedrooms, private patios, and low-maintenance outdoor space. All features that help attract and retain quality tenants. The property has demonstrated strong rental demand and offers an excellent opportunity for investors seeking immediate income with long-term appreciation potential. Whether you're looking to expand your portfolio, complete a 1031 exchange, or live in one unit while generating rental income from the other, this property checks all the boxes. Opportunities to own a well-maintained duplex in this highly sought-after Tempe location are few and far between. Don't miss your chance to own an income-producing asset in one of Arizona's most consistently desirable rental markets.

421 S Terry Lane, Tempe

$481,000
7025341 MLS
Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units currently generating $3,520 in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with new tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and new dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out with a brand-new roof, new HVAC systems, and freshly updated plumbing and electrical throughout--completed in 2019-2021. The combination of structural integrity and modern efficiency means minimal maintenance concerns for years to come. Each unit boasts private front and backyards--a rare find in the duplex market. The huge fenced back area with convenient gates offers ample space for RV or boat storage, entertaining, or simply enjoying Arizona's stunning sunsets. Separately metered electric and water (yes for water as well) for each unit mean transparent billing and simplified tenant management, while low-maintenance front landscaping keeps curb appeal high without the headache. Current leases expire 12/31/2026 and 11/30/2026, providing excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate--fully occupied, fully renovated, fully metered with an attractive cap rate and low vacancy risk. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Don't miss this rare opportunity to acquire a premium duplex investment with immediate cash flow, modern finishes, location advantages, and the flexibility to customize your ownership strategy. Buyer to verify all facts and figures.

5206 S 11th Avenue, Phoenix

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