2925 W Highland Avenue, Phoenix, AZ 85017

$360,000
4
BD
3
BA
1,684
SqFt

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Sold Price
$360,000
List Price
$370,000
Closing Date
Jun 25, 2025
Days on Market
124
Status
CLOSED
MLS#
6822859
City
Phoenix
Bedrooms
4
Bathrooms
3
Living SQFT
1,684
Lot Size
6,970
Subdivision
Northwest Village 2
Year Built
1953
Type
Single Family Residence

Property Description

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!

Additional Information

Elementary School
Granada Elementary School-East Campus
High School
Alhambra High School
Middle School
Granada Elementary School-East Campus
Acres
0.16
Assoc Fee Includes
No Fees
Builder Name
Unknown
Construction
Block, Painted
Cooling
Central Air
Fencing
Block
Guest House SqFt
450
Heating
Natural Gas
Laundry
Washer Hookup
Living Area
1,684
Lot Size
6,970
New Financing
Cash, VA Loan, FHA, Conventional
Other Rooms
Family Room, Separate Workshop
Lot Features
Grass Front
Roofing
Composition
Spa
None
Stories
1
Subdivision
Northwest Village 2
Taxes
$1,347
Tax Year
2024
Water
Public

Courtesy of Redfin Corporation. 602-483-4919 Selling Office: HomeSmart.

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