509 E CENTRE Avenue, Buckeye, AZ 85326 (MLS# 6953203)

509 E CENTRE Avenue, Buckeye, AZ 85326

$520,000

Property Type: Multiple Dwellings Status: Active

Current Price: $520,000 Last Modified: 12/20/2025

Description

Buy and hold Investment opportunity in Old Buckeye. This extremely rare New Construction multi-family duplex in an oversized lot is the perfect addition to your investment portfolio. Each unit features private laundry, durable plank tile flooring, and modern shaker cabinets built for low-maintenance and long-term rental appeal. This property is truly turnkey, with tenants already in place under a one year lease. Secure steady income and no maintenance from day one in a high-growth area. Two adjacent lots are also available, each with an identical duplex approved planned, providing the opportunity to acquire a total of six units.

More Information MLS# 6953203

Contract Info

Ownership: Fee Simple Current Price: $520,000 List Price: $520,000 Status: Active List Date: 2025-12-02

Location, Tax & Legal

Assessor's Map #: 29 Legal Description (Abbrev): LOT 5 23 BUCKEYE BLOCKS 1 THRU 3 10 THRU 15 MCR Assessor's Parcel #: 20 Add'l Parcels: No Tax Municipality: Buckeye Census Tract: 50702 Taxes: 452 Legal: LOT 5 23 BUCKEYE BLOCKS 1 THRU 3 10 THRU 15 MCR Marketing Name: Unknown House Number: 509 Compass: E Street Name: CENTRE St Suffix: Avenue City/Town Code: Buckeye State/Province: AZ Zip Code: 85326 Zip4: 3209 County Code: Maricopa Subdivision: BUCKEYE BLOCKS 1 THRU 3 10 THRU 15 Assessor Number: 400-29-020 Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 4 Lot Size Dimensions: 49.95 X 163.11 Flood Zone: No Total # of Units: 2 Elementary School District: Buckeye Elementary District High School District: Buckeye Union High School District Elementary School: Buckeye Elementary School Jr. High School: Buckeye Elementary School High School: Buckeye Union High School Year Built: 2025 Zoning: DC

Legal Info

Range: 3W Section: 5 Township: 1S Lot Number: 5 23

Project Type

Duplex: 1

Construction

Wood Frame: 1

Const - Finish

Wood Siding: 1

Roofing

Tile: 1

Floors

Other: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 452 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 34810.85

Pmt & Rate Info

Cap Rate: 0.71 Equity: 520000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Central: 1

Cooling

Central Air: 1

Tenant Pays

Water: 1 Sewer: 1 Electricity: 1 Trash Collection: 1 Cable TV: 1

Appliances Included

None: 1

Road Access Type

Alley: 1

Road Surface Type

Asphalt: 1 Concrete: 1 Gravel: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Other: 1

Electric

APS: 1

Gas

None: 1

Owner Pays

Landscaping: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Reports/Disclosures

Seller Prop Disc Stm: 1 ALTA Survey Availbl: 1

Environmental

None: 1

Contact Info

List Agent Home Phn: 602-386-7885

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 2 Avg Rent: 1800 Avg SqFt: 900 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 5TH ST AND CENTRE Directions: TAKE I10 WEST, EXIT MILLER RD, ON MILLER MAKE A LEFT, GO SOUTH, MAKE A LEFT ON CENTRE, AND THE DUPLEX WILL BE ON THE RIGHT Geo Lat: 33.36648 Geo Lon: -112.584108

Income Expenses

Gross Annual Sch Inc: 36643 Net Operating Income: 3708

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Wood Siding Roofing: Tile Floors: Other Sale Includes: Land & Building Community Features: No Pool Appliances Included: None Heating: Central Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Other Road Access Type: Alley Road Surface Type: Gravel; Asphalt; Concrete Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Lockbox Type: Supra New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: My Home Group Real Estate

Last Updated: December - 20 - 2025