2032 W Cypress Street, Phoenix, AZ 85009

New Listing
$474,900
Property Type: Multiple Dwellings Status: Active
Current Price: $474,900 List Date: 4/25/2026 Last Modified: 4/29/2026

Overview

Description

Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard are landlord owned and convey in sale. This is a solid property that's ready for its new owner. Reach out with any questions.

Listing Details MLS# 7014410

Location, Tax & Legal

House Number
2032
Compass
W
Street Name
Cypress
St Suffix
Street
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85009
Zip4
2851
Country
US
County Code
Maricopa
Subdivision
VILLA VERDE ACRES
Assessor Number
110-53-026
Tax Year
2025
Assessor's Map #
53
Legal Description (Abbrev)
VILLA VERDE AC
Assessor's Parcel #
26
Add'l Parcels
No
Tax Municipality
Phoenix
Census Tract
116800
Taxes
971
Legal
VILLA VERDE AC
Marketing Name
Villa Verde Acres

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
72 x 95
Year Built
1952
Uncvrd Parking Spcs
5
Total # of Units
3
# of Buildings
2
Zoning
R1-6
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District
Elementary School
Capitol Elementary School
Jr. High School
Capitol Elementary School
High School
Central High School

Remarks Misc

Cross Street
19th Ave & McDowell Rd
Directions
North to Encanto Blvd, West to 20th Ave, South to Cypress St, West to property.

Legal Info

Township
2N
Range
2E
Section
36
Lot Number
12

Income Expenses

Gross Annual Sch Inc
41388
Net Operating Income
33877.6

More Information

Showing Notification Methods

Showing Service
No Showing Service Used

1 Bedroom Units

# 1 Bedroom Units
3
Avg Rent
1150
Avg SqFt
500
# Baths
Yes

Project Type

Tri-Plex
Yes

Construction

Brick
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Floors

Tile
Yes

Sale Includes

Land & Building
Yes
Laundry Equipment
Yes

Income & Expenses

Annual Landscape Exp
810
Annual Maint Exp
2040
Annual Wtr/Swr Exp
1620
Owner Association
No
Annual Ownr Asoc Fee
0
Operating Exp
5441
Other Income
0
Vacancy Allowance
0.05
Adjusted Gross Inc
39318.6

Pmt & Rate Info

Cap Rate
7.13
Equity
474900
Down Payment %
0
Monthly Payments
0
Total Owed
0

Lockbox Type

None
Yes

Community Features

No Pool
Yes

Heating

Natural Gas
Yes

Cooling

Central Air
Yes

Exterior Amenities

Landscape Water System
Yes
Cable TV Available
Yes

Tenant Pays

Gas
Yes
Electricity
Yes
Cable TV
Yes

Appliances Included

Refrigerator
Yes
Washer/Dryer
Yes

Road Surface Type

Asphalt
Yes

Source of Fincl Data

Owner
Yes
Projected Proforma
Yes

Road Responsibility

City Maintained Road
Yes

Water Source

City Franchise
Yes

Sewer

Sewer - Public
Yes
Sewer-In & Connected
Yes

Parking Features

Carport
Yes
On Street
Yes
>1 Space Per Unit
Yes
RV Access/Parking
Yes
Attached Carport
Yes

Electric

APS
Yes
Master Meter
Yes
Submetered System
Yes

Gas

SW Gas
Yes

Owner Pays

Water
Yes
Sewer
Yes
Trash Collection
Yes
Landscaping
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Reports/Disclosures

Seller Prop Disc Stm
Yes

Environmental

None
Yes

Efficiency Units

Avg Rent
0

2 Bedroom Units

Avg Rent
0

3 Bedrooms Units

Avg Rent
0

4 Bedrooms Units

Avg Rent
0

Property Features

Project Type: Tri-Plex Construction: Brick Const - Finish: Painted Roofing: Composition Floors: Tile Sale Includes: Land & Building; Laundry Equipment Community Features: No Pool Exterior Amenities: Landscape Water System; Cable TV Available Appliances Included: Refrigerator; Washer/Dryer Heating: Natural Gas Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public; Sewer-In & Connected Electric: APS; Master Meter; Submetered System Gas: SW Gas Parking Features: Carport; On Street; >1 Space Per Unit; RV Access/Parking; Attached Carport Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Landscaping Tenant Pays: Electricity; Gas; Cable TV Source of Fincl Data: Owner; Projected Proforma Lockbox Type: None New Financing: Cash; FHA; Conventional Environmental: None
IDX
Listing Office: eXp Realty
Last Updated: April - 29 - 2026
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