2925 West HIGHLAND Avenue Phoenix, AZ 85017

$370,000
Reduced $5,000
4
Beds
3
Baths
0.16
Acres
1,684
SQFT
220
$/SQFT
$370,000
Reduced
$5,000
4
Beds
3
Baths
1,684   sf
$220 / sf
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Looking for a solid investment property with rental income potential? This well-built block home offers a unique opportunity, featuring a main house split into two separate units, duplex style, for maximum rental flexibility. The main house includes: a 2-bedroom, 1-bath unit with a full kitchen, and a 1-bedroom, 1-bath unit with a kitchenette. In addition to these units, there's a Studio guest house in the backyard, complete with a full bathroom and kitchenette. Both main house bathrooms boast tile showers, and the home features newer windows and a new HVAC unit. The side apartment and the guest house each have their own mini-split HVAC system for efficient temperature control. The large backyard is ready to be transformed into an entertainment paradise, and already includes a covered porch and storage shed. The rear guest house is currently rented for $950/month, and the 1-bed, 1-bath unit is rented for $850/month, with tenants in place who would love to stay. A separate laundry room off the back of the home is shared by all units for added convenience. All utilities are split between the units, maximizing income potential. The home can be converted back to a 3 bedroom 2 bath home while still having an income producing guest house. This property is perfectly located near GCU, shopping, entertainment, and transportation, making it an ideal investment opportunity. Don't miss out on this great income-generating property!

Looking for a solid investment property with rental income potential? This well-built block home offers a unique opportunity, featuring a main house split into two separate units, duplex style, for maximum rental flexibility. The main house includes: a 2-bedroom, 1-bath unit with a full kitchen, and a 1-bedroom, 1-bath unit with a kitchenette. In addition to these units, there's a Studio guest house in the backyard, complete with a full bathroom and kitchenette. Both main house bathrooms boast tile showers, and the home features newer windows and a new HVAC unit. The side apartment and the guest house each have their own mini-split HVAC system for efficient temperature control. The large backyard is ready to be transformed into an entertainment paradise, and already includes a covered porch and storage shed. The rear guest house is currently rented for $950/month, and the 1-bed, 1-bath unit is rented for $850/month, with tenants in place who would love to stay. A separate laundry room off the back of the home is shared by all units for added convenience. All utilities are split between the units, maximizing income potential. The home can be converted back to a 3 bedroom 2 bath home while still having an income producing guest house. This property is perfectly located near GCU, shopping, entertainment, and transportation, making it an ideal investment opportunity. Don't miss out on this great income-generating property!

Listed by:
Redfin Corporation

mls source logo Listing provided courtesy of Arizona Regional Multiple Listing Service, Inc. (ARMLS)
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Property details

Community Features

  • No HOA
  • Not Age Restricted

Exterior features

  • No Pool

Style

  • Ranch / One Story

Property History

DateDays AgoEventNew Price
Mar 11, 20253 mos agoPrice decreased5,000 (1%)$370,000
Mar 11, 20253 mos agoPrice decreased12,500 (3%)$375,000
Feb 21, 20253 mos agoNew on market$387,500
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Realtor
Photo of John Harding