2646 E WILLETTA Street, Phoenix, AZ 85008
$875,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$875,000
List Date:
8/14/2025
Last Modified:
12/19/2025
Description
Introducing a truly unique investment opportunity in Phoenix. This multi-family triplex features a beautifully remodeled single-family home, paired with a well-maintained duplex. The duplex offers two spacious 2-bedroom, 2-bath units, rounding out a versatile and income-generating three-unit property. This property is zoned with the potential to add two additional units. You're looking to house hack, rezone house to sell and keep duplex, expand your portfolio, or 1031 into a high-performing asset, this one checks all the boxes.
More Information MLS# 6901765
Contract Info
Ownership: Fee Simple
Current Price: $875,000
List Price: $875,000
Status: Active
List Date: 2025-08-05
Location, Tax & Legal
Assessor's Map #: 77
Legal Description (Abbrev): DEL REY PT LOT 12 S2 E2
Assessor's Parcel #: 4
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113501
Taxes: 1275
Legal: DEL REY PT LOT 12 S2 E2
Marketing Name: TBD
House Number: 2646
Compass: E
Street Name: WILLETTA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 4613
County Code: Maricopa
Subdivision: DEL REY LOTS 101-140
Assessor Number: 121-77-004
Tax Year: 2024
General Property Description
# of Buildings: 2
Uncvrd Parking Spcs: 6
Lot Size Dimensions: 60.10 X 145.02
Flood Zone: No
Total # of Units: 3
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Excelencia School
Jr. High School: Excelencia School
High School: Camelback High School
Year Built: 1965
Zoning: R3
Legal Info
Range: 3E
Section: 2
Township: 1N
Lot Number: 12
Project Type
Tri-Plex: 1
Other Type
House + Rental Units: 1
Construction
Block: 1
Wood Frame: 1
Brick: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1275
Other Income: 0
Vacancy Allowance: 0.02
Adjusted Gross Inc: 64950.48
Total Monthly Rental Income: 5523
Pmt & Rate Info
Cap Rate: 6.15
Equity: 925000
Down Payment %: 25
Monthly Payments: 12
1st Payment Freq: Monthly
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Combo: 1
Other: 1
Community Features
No Pool: 1
Heating
Electric: 1
Central: 1
Cooling
Ceiling Fan(s): 1
Central Air: 1
Electric: 1
Exterior Amenities
Fenced: 1
Partially Fenced: 1
RV/Boat Parking: 1
Sidewalk(s): 1
Separate Storage: 1
Interior Features
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Landscaping: 1
Appliances Included
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 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 Per Unit: 1
Paved: 1
RV Access/Parking: 1
Electric
APS: 1
Gas
SW Gas: 1
Owner Pays
None: 1
New Financing
VA: 1
Conventional: 1
Owner May Carry: 1
1031 Exchange: 1
Existing 1st Loan
FHA: 1
Existing 1st Loan Type
Fixed: 1
Existing 1st Loan Terms
Not Applicable: 1
Existing 2nd Loan Type
Not Applicable: 1
Existing 2nd Loan Terms
Not Applicable: 1
Existing 3rd Loan
Treat as Free&Clear: 1
Existing 3rd Loan Type
Not Applicable: 1
Reports/Disclosures
None: 1
Existing 3rd Loan Terms
Not Applicable: 1
Environmental
None: 1
Existing Othr Ln Trm
Not Applicable: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1650
Avg SqFt: 1200
# Baths: 2
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 2199
Avg SqFt: 1133
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: McDowell Rd & 32nd St
Directions: From the intersection, head west on McDowell Rd, south on 27th St and west on Willetta. The property will be on the north side of the street.
Geo Lat: 33.464275
Geo Lon: -112.023943
Income Expenses
Gross Annual Sch Inc: 66276
Net Operating Income: 56923
Property Features
Project Type: Tri-Plex
Other Type: House + Rental Units
Construction: Block; Wood Frame; Brick
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Fenced; Partially Fenced; RV/Boat Parking; Sidewalk(s); Separate Storage
Interior Features: Fire/Smoke Alarm(s); Mini Blinds
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street; >1 Space Per Unit; RV Access/Parking; Paved
Road Surface Type: Asphalt
Owner Pays: None
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV; Landscaping
Source of Fincl Data: Owner
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Combo; Other
Existing 1st Loan: FHA
Existing 1st Loan Type: Fixed
Existing 1st Loan Terms: Not Applicable
Existing 2nd Loan Type: Not Applicable
Existing 2nd Loan Terms: Not Applicable
Existing 3rd Loan: Treat as Free&Clear
Existing 3rd Loan Type: Not Applicable
Existing 3rd Loan Terms: Not Applicable
Existing Othr Ln Trm: Not Applicable
New Financing: VA; Conventional; Owner May Carry; 1031 Exchange
Environmental: None
Listing Office:
Home Team Luxury Realty AZ
Last Updated: December - 19 - 2025
Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.