1014 N 28TH Street, Phoenix, AZ 85008

$424,900

Property Type: Multiple Dwellings Bedrooms: 5 Baths: 2 Status: Active

Current Price: $424,900 Last Modified: 10/21/2026

Overview

Description

Exceptional Duplex Investment Opportunity with an Assumable Loan! Discover an outstanding opportunity to own an income-producing duplex with valuable recent upgrades and an incredibly attractive financing option that is hard to find in today's market! Featuring two separate apartments--one spacious two-bedroom unit (currently rented at 1200.00)per month) and one three-bedroom unit (vacant freshly painted and ready to rent) )--this versatile property offers excellent potential for investors, owner-occupants, or buyers looking to expand their real estate portfolio. With important improvements already completed, including a newer roof, electrical upgrades, an outdoor patio cover, and fencing, Unheard of potential deserves a second look. Do not disturb tenants. Inspections with accepted offer.

Listing Details MLS# 7096762

Location, Tax & Legal

House Number: 1014
Compass: N
Street Name: 28TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 5002
Country: US
County Code: Maricopa
Subdivision: ELBURN
Assessor Number: 121-76-125
Tax Year: 2025
Assessor's Map #: 76
Legal Description (Abbrev): LOT 16 ELBURN MCR 001712
Assessor's Parcel #: 125
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113501
Taxes: 708
Legal: LOT 16 ELBURN MCR 001712
Marketing Name: ELDON

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 6752
Year Built: 1963
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-3
Flood Zone: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: 24th st & Roosevelt
Directions: 24th st south to Roosevelt then east to 28th st then north to property.

Legal Info

Township: 1N
Range: 3E
Section: 2
Lot Number: 16

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 1250
Avg SqFt: 900
# Baths: Yes

More Information

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 1500
Avg SqFt: 1100
# Baths: Yes

Structure

Bedrooms Total: 5
Bathrooms Total: 2

Income Expenses

Gross Annual Sch Inc: 32400
Net Operating Income: 30000

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes

Project Type

Duplex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Block: Yes

Const - Finish

Painted: Yes

Roofing

Composition: Yes
Rolled: Yes

Floors

Tile: Yes
Vinyl: Yes
Ceramic Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 708
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 30780
Total Monthly Rental Income: 2700

Pmt & Rate Info

Cap Rate: 7.06
Equity: 79900
1st Encumbrance: 345000
Down Payment %: 20
Monthly Payments: 1867
1st Interest Rate: 3.5
1st Payment: 1867
Total Owed: 345000

Payment Includes

Principal: Yes
Interest: Yes
Taxes: Yes
Insurance: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Heat Pump: Yes
Electric: Yes

Cooling

Electric: Yes
Heat Pump: Yes

Exterior Amenities

Fenced: Yes
Partially Fenced: Yes
Satellite Dish: Yes
Cable TV Available: Yes
Sidewalk(s): Yes
Patio/Balcony: Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes
Cable TV: Yes

Appliances Included

Free-Standing Gas Oven: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes

Parking Features

Free: Yes
>1 Space Per Unit: Yes
Paved: Yes
Off Street: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

Landscaping: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

Private: Yes

Existing 1st Loan Type

Fixed: Yes

Existing 1st Loan Terms

Assume - Qualify: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex Construction: Block Const - Finish: Painted Roofing: Composition; Rolled Floors: Tile; Vinyl; Ceramic Tile Sale Includes: Land & Building Payment Includes: Principal; Interest; Taxes; Insurance Community Features: No Pool Exterior Amenities: Fenced; Partially Fenced; Satellite Dish; Cable TV Available; Sidewalk(s); Patio/Balcony Appliances Included: Free-Standing Gas Oven Heating: Heat Pump Cooling: Electric; Heat Pump Water Source: City Franchise; Individual Meter Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: >1 Space Per Unit; Free; Paved; Off Street Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Landscaping Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection; Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text Lockbox Type: None Existing 1st Loan: Private Existing 1st Loan Type: Fixed Existing 1st Loan Terms: Assume - Qualify New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Copper Leaf Realty

Office Phone: 602-320-3970

Office Email: info@copperleafrealtyaz.com

Last Updated: October - 21 - 2026