5436 S 7TH Street, Phoenix, AZ 85040
$480,000
Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$480,000
Last Modified:
12/20/2025
Description
First unit is 3 bedroom 1 bath. Second unit is 3 bedroom 2 bath. Space to add units in the rear. Huge potential. Zoned R4. New Owned Solar. New Block Walls. New pavement. New Electrical + Panel. New Roof. See video.
More Information MLS# 6942229
Contract Info
Ownership: Fee Simple
Current Price: $480,000
List Price: $480,000
Status: Active
List Date: 2025-11-03
Location, Tax & Legal
Assessor's Map #: 45
Legal Description (Abbrev): REXMERE HTS LOT 9 EX N 60' & EX E 7'
Assessor's Parcel #: 10
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 115801
Taxes: 1911
Legal: REXMERE HTS LOT 9 EX N 60' & EX E 7'
Marketing Name: UNK
House Number: 5436
Compass: S
Street Name: 7TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Zip4: 3105
County Code: Maricopa
Subdivision: REXMERE HEIGHTS
Assessor Number: 113-45-010
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 290 X 72
Flood Zone: TBD
Total # of Units: 2
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Year Built: 1934
Zoning: R4
Legal Info
Range: 3E
Section: 29
Township: 1N
Lot Number: 9
Project Type
Duplex: 1
Construction
Adobe: 1
Const - Finish
Stucco: 1
Roofing
Rolled: 1
Floors
Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 1911
Other Income: 100
Vacancy Allowance: 0.05
Adjusted Gross Inc: 3135
Pmt & Rate Info
Equity: 650000
Down Payment %: 5
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Combo: 1
Community Features
No Pool: 1
Heating
See Remarks: 1
Cooling
See Remarks: 1
Tenant Pays
Other (See Remarks): 1
Appliances Included
See Remarks: 1
Road Access Type
City Street: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Other (See Remarks): 1
Water Source
See Remarks: 1
Sewer
Sewer - Public: 1
Parking Features
>1 Space Per Unit: 1
Paved: 1
Electric
Other (See Remarks): 1
Gas
Other (See Remarks): 1
Owner Pays
Other: 1
New Financing
Cash: 1
Conventional: 1
FHA: 1
No Carry: 1
1031 Exchange: 1
Affordable Housing: 1
Existing 1st Loan
Treat as Free&Clear: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 2
Avg Rent: 1400
Avg SqFt: 1200
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Geo Lat: 33.396329
Geo Lon: -112.065254
Income Expenses
Gross Annual Sch Inc: 3200
Property Features
Project Type: Duplex
Construction: Adobe
Const - Finish: Stucco
Roofing: Rolled
Floors: Tile
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: See Remarks
Heating: See Remarks
Cooling: See Remarks
Water Source: See Remarks
Sewer: Sewer - Public
Electric: Other (See Remarks)
Gas: Other (See Remarks)
Parking Features: >1 Space Per Unit; Paved
Road Access Type: City Street
Road Surface Type: Asphalt
Owner Pays: Other
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Lockbox Type: Combo
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; FHA; Conventional; No Carry; 1031 Exchange; Affordable Housing
Environmental: None
Listing Office:
My Home Group Real Estate
Last Updated: December - 20 - 2025
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