1235 E WOOD Street, Phoenix, AZ 85040
$450,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$450,000
Last Modified:
2/27/2026
Description
Fantastic masonry (block) duplex built in 2003 offering strong income potential & flexible living options. Each spacious unit features approximately 1,120 sq ft w/ 3 beds & 2 full baths. Both units showcase durable tile flooring throughout, ceiling fans in every room, and bright, open great rooms designed for comfortable living. Functional ''L''-shaped kitchens include refrigerator, stove/oven, and garbage disposal, while all-electric systems help simplify maintenance. Major updates include brand new 2025 electric A/C and heating systems for both units, plus one new water heater. Large front patio along with private side and backyard spaces. Conveniently located near schools, shops and hiking trails. Currently tenant occupied, units leased at $1187 and $1090. Please do not disturb tenants.
Supplements: Access will be arranged upon accepted contract. Ideal for investors or owner-occupants seeking immediate rental income and long-term value!
More Information MLS# 6989977
Contract Info
Ownership: Fee Simple
Current Price: $450,000
List Price: $450,000
Status: Active
List Date: 2026-02-26
Location, Tax & Legal
Assessor's Map #: 25
Legal Description (Abbrev): CENTERGROVE TRACT MCR 18-7 LOT 10 EX W 76F & EX E 150F
Assessor's Parcel #: 11
Assessor Parcel Ltr: D
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115300
Taxes: 754
Legal: CENTERGROVE TRACT MCR 18-7 LOT 10 EX W 76F & EX E 150F
Marketing Name: Unknown
House Number: 1235
Compass: E
Street Name: WOOD
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 1221
County Code: Maricopa
Subdivision: CENTERGROVE TRACT 1 THROUGH 16
Assessor Number: 113-25-011-D
Tax Year: 2025
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: irregular
Total # of Units: 2
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Irene Lopez School
Jr. High School: Irene Lopez School
High School: South Mountain High School
Year Built: 2003
Zoning: R-4
Legal Info
Range: 3E
Section: 21
Township: 1N
Lot Number: 10
Project Type
Duplex: 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 754
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 27840
Pmt & Rate Info
Equity: 450000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Electric: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Exterior Amenities
Partially Fenced: 1
Patio/Balcony: 1
Tenant Pays
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Disposal: 1
Free-Standing Electric Oven: 1
Refrigerator: 1
Free-Standing Range: 1
W/D Hookup: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
Paved: 1
Electric
SRP: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1138
Avg SqFt: 1120
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 7th St. and Broadway Rd.
Directions: From 7th St. go East on Broadway Rd. Turn L on S 12th St. R on E Wood St. The property is on the right.
Geo Lat: 33.408278
Geo Lon: -112.054376
Income Expenses
Gross Annual Sch Inc: 27840
Property Features
Project Type: Duplex
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Partially Fenced; Patio/Balcony
Appliances Included: Free-Standing Electric Oven; Free-Standing Range; Refrigerator; Disposal; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: SRP
Gas: None
Parking Features: Paved
Road Surface Type: Asphalt
Owner Pays: Water
Tenant Pays: Water; Electricity; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner
Lockbox Type: Supra
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office:
Redfin Corporation
Last Updated: February - 27 - 2026
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