718 W FILLMORE Street, Phoenix, AZ 85007
$400,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$400,000
Last Modified:
3/11/2026
Description
This offering includes two fully renovated multifamily units in a prime infill location directly adjacent to Downtown Phoenix. The property has been extensively upgraded with a new AC system, dual pane windows, new kitchen and bathroom finishes, new LVP flooring in the back unit, and sealed concrete floors in the front unit. The adjacent property at 712 W Fillmore is available as well. That property includes a single-family home and a triplex that provide stable in-place income with additional upside through renovation and rent growth. The properties may be acquired together or separately, providing investors flexibility to tailor the acquisition to their strategy.
More Information MLS# 6996631
Contract Info
Ownership: Fee Simple
Current Price: $400,000
List Price: $400,000
Status: Active
List Date: 2026-03-11
Location, Tax & Legal
Assessor's Map #: 29
Legal Description (Abbrev): UNIVERSITY
Assessor's Parcel #: 144
Add'l Parcels: Yes
Tax Municipality: Phoenix
Census Tract: 112900
Taxes: 681
Legal: UNIVERSITY
Marketing Name: 718 W Fillmore
House Number: 718
Compass: W
Street Name: FILLMORE
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2330
County Code: Maricopa
Subdivision: UNIVERSITY ADDITION
Assessor Number: 111-29-144
Tax Year: 2025
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 2
Lot Size Dimensions: Regular
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Year Built: 1961
Zoning: R-5
Legal Info
Range: 3E
Section: 6
Township: 1N
Lot Number: 17
Project Type
Duplex: 1
Construction
Block: 1
Wood Frame: 1
Brick: 1
Const - Finish
Painted: 1
Stucco: 1
Roofing
Composition: 1
Floors
Concrete: 1
Vinyl: 1
Sealed: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 681
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 400000
Down Payment %: 25
Monthly Payments: 1250
Total Owed: 0
Showing Notification Methods
Showing Service: No Showing Service Used
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Other: 1
Community Features
No Pool: 1
Heating
Central: 1
Cooling
Central Air: 1
Exterior Amenities
Desert Landscaping: 1
Interior Features
Unfurnished: 1
Other (See Remarks): 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Refrigerator: 1
Free-Standing Range: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Owner: 1
Water Source
City Franchise: 1
Sewer
Sewer - Public: 1
Parking Features
On Street: 1
1 Space/Unit: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
Cash: 1
VA: 1
Conventional: 1
FHA: 1
Owner May Carry: 1
1031 Exchange: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1500
Avg SqFt: 515
# Baths: 1
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: 7th Ave & Fillmore St
Geo Lat: 33.455392
Geo Lon: -112.083368
Property Features
Project Type: Duplex
Construction: Block; Wood Frame; Brick
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Concrete; Vinyl; Sealed
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Features: Unfurnished; Other (See Remarks)
Appliances Included: Free-Standing Range; Refrigerator
Heating: Central
Cooling: Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; 1 Space/Unit
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Other
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office:
Orion Investment Real Estate
Last Updated: March - 11 - 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.
