1106 E PAPAGO Street, Phoenix, AZ 85034
$685,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$685,000
Last Modified:
4/01/2026
Overview
Description
This duplex is brand new! It is ready for you to put tenants in right away. Everything has been completed, down to the window shades. Features include stainless steel appliances, washer & dryer, quartz counter tops in the kitchen and bathrooms. Property is setup for a long term rental or coliving or PadSplit. Four bedrooms and two baths in each unit. See proforma for estimated numbers based on actual PadSplit properties of the same floor plan. Review the cap rate!
Listing Details MLS# 7007395
Location, Tax & Legal
- House Number
- 1106
- Compass
- E
- Street Name
- PAPAGO
- St Suffix
- Street
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85034
- Zip4
- 4518
- County Code
- Maricopa
- Subdivision
- LINCOLN PARK
- Assessor Number
- 115-43-079
- Tax Year
- 2025
- Assessor's Map #
- 43
- Legal Description (Abbrev)
- LOT 32 LINCOLN PARK MCR 003425
- Assessor's Parcel #
- 79
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 117200
- Taxes
- 872
- Legal
- LOT 32 LINCOLN PARK MCR 003425
- Marketing Name
- Papago Duplex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 127' x 51'
- Year Built
- 1948
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- R-3
- Elementary School District
- Phoenix Elementary District
- High School District
- Phoenix Union High School District
- Elementary School
- Silvestre S Herrera School
- Jr. High School
- Silvestre S Herrera School
- High School
- North High School
- Uncvrd Parking Spcs
- 0
Remarks Misc
- Cross Street
- S 12th St & E Pima St
- Directions
- AZ-51 S to Washington St. Take exit 148 from I-10 E, Continue on Washington St. Take S 16th St and E Buckeye Rd to E Papago St.
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 16
- Lot Number
- 32
Income Expenses
- Gross Annual Sch Inc
- 90000
- Net Operating Income
- 66936
More Information
Showing Notification Methods
- Showing Service
- Aligned Showings
4 Bedrooms Units
- # 4 Bedroom Units
- 2
- Avg Rent
- 37500
- Avg SqFt
- 1020
- # Baths
- 2
Project Type
- Duplex
- Yes
Construction
- Wood Frame
- Yes
Const - Finish
- Painted
- Yes
- Stucco
- Yes
Roofing
- Built-Up
- Yes
Floors
- Other
- Yes
Sale Includes
- Land & Building
- Yes
- Laundry Equipment
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 872
- Other Income
- 0
- Vacancy Allowance
- 0.05
- Adjusted Gross Inc
- 85500
Pmt & Rate Info
- Cap Rate
- 9.77
- Equity
- 685000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- Supra
- Yes
Community Features
- No Pool
- Yes
Heating
- Heat Pump
- Yes
- Electric
- Yes
Cooling
- Ceiling Fan(s)
- Yes
- Central Air
- Yes
- Electric
- Yes
- Heat Pump
- Yes
Tenant Pays
- Other (See Remarks)
- Yes
Appliances Included
- Dishwasher
- Yes
- Microwave
- Yes
- Refrigerator
- Yes
- Free-Standing Range
- Yes
- Washer/Dryer
- Yes
Road Access Type
- City Street
- Yes
Road Surface Type
- Asphalt
- Yes
Source of Fincl Data
- Projected Proforma
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- Master Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- Carport
- Yes
- >1 Space Per Unit
- Yes
Electric
- APS
- Yes
Gas
- None
- Yes
Owner Pays
- Water
- Yes
- See Remarks
- Yes
New Financing
- Cash
- Yes
- VA
- Yes
- Conventional
- Yes
- No Carry
- Yes
- 1031 Exchange
- Yes
Existing 1st Loan
- Treat as Free&Clear
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
2 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
Property Features
Project Type:
Duplex
Construction:
Wood Frame
Const - Finish:
Painted; Stucco
Roofing:
Built-Up
Floors:
Other
Sale Includes:
Land & Building; Laundry Equipment
Community Features:
No Pool
Appliances Included:
Free-Standing Range; Refrigerator; Dishwasher; Microwave; Washer/Dryer
Heating:
Heat Pump
Cooling:
Ceiling Fan(s); Electric; Heat Pump; Central Air
Water Source:
Master Meter
Sewer:
Sewer - Public
Electric:
APS
Gas:
None
Parking Features:
Carport; >1 Space Per Unit
Road Access Type:
City Street
Road Surface Type:
Asphalt
Road Responsibility:
City Maintained Road
Owner Pays:
Water; See Remarks
Tenant Pays:
Other (See Remarks)
Source of Fincl Data:
Projected Proforma
Lockbox Type:
Supra
Existing 1st Loan:
Treat as Free&Clear
New Financing:
Cash; VA; Conventional; No Carry; 1031 Exchange
Environmental:
None
Documents
Proforma ›
Listing Office:
FSR Realty
Last Updated: April - 01 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.
