1322 W NORTH Lane, Phoenix, AZ 85021

$549,000
Property Type: Multiple Dwellings Status: Active
Current Price: $549,000 Last Modified: 4/23/2026

Overview

Description

Cash Cow Duplex, UPDATED, 2 BR, 1 BA Units. Updates include Kitchens and Baths, Central AC's! Sharp looking freshly painted exterior.Tenants Pay Utilities and handle landscaping. Tenants are now Month to Month, giving you the flexibility to keep or change. You might even look into FHA owner occupied financing. Plenty of off-street parking on solid concrete pads. Sign up soon. Do not disturb tenants.

Listing Details MLS# 6951102

Location, Tax & Legal

House Number
1322
Compass
W
Street Name
NORTH
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85021
Zip4
2546
County Code
Maricopa
Subdivision
ROMINE ESTATES LOT 1-22
Assessor Number
158-27-041
Tax Year
2005
Assessor's Map #
27
Legal Description (Abbrev)
LOT 22 ROMINE ESTATES LOT 1-22 MCR 005944
Assessor's Parcel #
41
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
104502
Taxes
577
Legal
ROMINE ESTATES
Marketing Name
Cash Cow Duplex

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
121x64
Year Built
1957
Uncvrd Parking Spcs
2
Total # of Units
2
# of Buildings
Yes
Zoning
R3
Flood Zone
No
High School District
Glendale Union High School District

Remarks Misc

Cross Street
Peoria and 17th Ave
Directions
South on 17th Ave to North Ln. East to the property.

Legal Info

Township
3N
Range
3E
Section
30
Lot Number
22

Income Expenses

Gross Annual Sch Inc
32000
Net Operating Income
29023

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
1333
Avg SqFt
775
# Baths
Yes

Project Type

Duplex
Yes

Construction

Block
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Vinyl
Yes

Sale Includes

Land & Building
Yes

Income & Expenses

Annual Ins Exp
1200
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
1777
Other Income
0
Vacancy Allowance
0
Adjusted Gross Inc
32000

Pmt & Rate Info

Cap Rate
5.38
Equity
539000
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Forced Air
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Exterior Amenities

Partially Fenced
Yes

Tenant Pays

Gas
Yes
Water
Yes
Sewer
Yes
Electricity
Yes
Trash Collection
Yes
Cable TV
Yes
Landscaping
Yes

Appliances Included

Free-Standing Gas Oven
Yes
Free-Standing Range
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

City Franchise
Yes

Sewer

Sewer - Public
Yes

Parking Features

Add'l Parking Avail
Yes
Off Street
Yes
See Remarks
Yes

Electric

APS
Yes

Gas

SW Gas
Yes

Owner Pays

None
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Existing 1st Loan Type

Not Applicable
Yes

Existing 1st Loan Terms

Not Applicable
Yes

Existing 2nd Loan Type

Not Applicable
Yes

Existing 2nd Loan Terms

Not Applicable
Yes

Existing 3rd Loan Type

Not Applicable
Yes

Reports/Disclosures

None
Yes

Existing 3rd Loan Terms

Not Applicable
Yes

Environmental

None
Yes

Existing Othr Ln Trm

Not Applicable
Yes

Efficiency Units

Avg Rent
0

1 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition Floors: Vinyl Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Partially Fenced Appliances Included: Free-Standing Gas Oven; Free-Standing Range Heating: Forced Air Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: Add'l Parking Avail; Off Street; See Remarks Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: None Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping Source of Fincl Data: Projected Proforma Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash; VA; FHA; Conventional Environmental: None
IDX
Listing Office: Coldwell Banker Realty
Last Updated: April - 23 - 2026
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