17132 E SALIDA Drive, Fountain Hills, AZ 85268

$729,000

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Active

Current Price: $729,000 Last Modified: 10/19/2026

Overview

Description

TWO SPACIOUS UNITS, ONE SMART INVESTMENT! PRIME TURNKEY DUPLEX IN SOUGHT-AFTER FOUNTAIN HILLS -- FULLY LEASED! An outstanding addition to any portfolio, this beautifully maintained fee-simple duplex offers immediate, reliable cash flow from day one. Built in 2003 on a generous 100x125 lot, the property features two identical, expansive units--each offering 3 bedrooms, 2 full baths, 2CG step free and approximately 1,300 square feet of living space (6 beds / 4 baths total). With vetted, long-term tenants already in place, this is a hands-off, low-maintenance performer in one of Arizona's most desirable rental markets. Rare stability meets prime Fountain Hills real estate.

Listing Details MLS# 7095896

Location, Tax & Legal

House Number: 17132
Compass: E
Street Name: SALIDA
St Suffix: Drive
City/Town Code: Fountain Hills
State/Province: AZ
Zip Code: 85268
Zip4: 5071
Country: US
County Code: Maricopa
Subdivision: FOUNTAIN HILLS ARIZONA NO. 201
Assessor Number: 176-08-985
Tax Year: 2025
Assessor's Map #: 8
Legal Description (Abbrev): LT 9 BLK 4 OF FOUNTAIN HILLS ARIZONA FINAL PLAT NO. 201 MCR 148/47
Assessor's Parcel #: 985
Add'l Parcels: No
Tax Municipality: Fountain Hills
Census Tract: 216818
Taxes: 1385
Tax District: No
Legal: LT 9 BLK 4 OF FOUNTAIN HILLS ARIZONA FINAL PLAT NO. 201 MCR 148/47
Marketing Name: Fountain Hills Duplex

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 100X125
Year Built: 2003
Total # of Units: 2
# of Buildings: Yes
Zoning: R2
Elementary School District: Fountain Hills Unified District
High School District: Fountain Hills Unified District
Elementary School: McDowell Mountain Elementary School
Jr. High School: Fountain Hills Middle School
High School: Fountain Hills High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: SAGUARO BLVD & QUINTO
Directions: North on Saguaro to Quinto. West on Quinto, left (South) on Salida to property on the left.

Legal Info

Township: 3N
Range: 6E
Section: 23
Lot Number: 9

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 1775
Avg SqFt: 1443
# Baths: 2

More Information

Structure

Bedrooms Total: 6
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 21300
Net Operating Income: 22500

Showing Notification Methods

Showing Service: No Showing Service Used

Project Type

Duplex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Built-Up: Yes

Floors

Concrete: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Land Lse Exp: 0
Annual Legal & Acctg: 0
Annual Maint Exp: 0
Annual Mgmt Exp: 0
Annual Trash Exp: 0
Annual Wtr/Swr Exp: 816
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 2201
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 21300

Pmt & Rate Info

Cap Rate: 3.09
Down Payment: 0
Equity: 729000
1st Encumbrance: 0
Down Payment %: 0
Monthly Payments: 90
1st Interest Rate: 0
1st Payment: 0
1st Payment Freq: None
2nd Encumbrance: 0
2nd Payment: 0
2nd Payment Freq: None
3rd Encumbrance: 0
3rd Payment: 0
3rd Payment Freq: None
Total Owed: 0
Assessment Balance: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes
Other: Yes
See Remarks: Yes

Heating

Heat Pump: Yes
Electric: Yes
Individual: Yes

Cooling

Ceiling Fan(s): Yes
Electric: Yes
Heat Pump: Yes

Exterior Amenities

Landscape Water System: Yes
Desert Landscaping: Yes
Fenced: Yes
Cable TV Available: Yes

Interior Features

Vertical Blinds: Yes
Mini Blinds: Yes

Tenant Pays

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

Appliances Included

Dishwasher: Yes
Disposal: Yes
Refrigerator: Yes
Free-Standing Range: Yes
W/D Hookup: Yes

Road Access Type

Alley: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Water Source

Private: Yes
Individual Meter: Yes

Sewer

Sewer - Public: Yes
Sewer-In & Connected: Yes

Parking Features

Garage: Yes
Garage Door Opener: Yes

Electric

SRP: Yes
Underground: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Sewer: Yes
Landscaping: Yes

New Financing

Conventional: Yes

Special

Incorporated Area: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Treat as Free&Clear: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Treat as Free&Clear: Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Mobile Home Prk Info

Avg Rent Single Wide: 0
Avg Rent Double Wide: 0
Avg Rent Ovrnght Spc: 0
Avg Rent RV Spaces: 0
Avg Rent Oversize Sp: 0

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Concrete Sale Includes: Land & Building Community Features: No Pool; Other; See Remarks Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Cable TV Available Interior Features: Vertical Blinds; Mini Blinds Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; W/D Hookup Heating: Individual; Heat Pump Cooling: Ceiling Fan(s); Electric; Heat Pump Water Source: Private; Individual Meter Sewer: Sewer - Public; Sewer-In & Connected Electric: SRP; Underground; Individual Meter Gas: None Parking Features: Garage; Garage Door Opener Road Access Type: Alley Road Surface Type: Asphalt Owner Pays: Landscaping Tenant Pays: Water; Electricity; Trash Collection; Cable TV Source of Fincl Data: Owner Special: Incorporated Area Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Treat as Free&Clear 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: Conventional Environmental: None

Listing Office: Russ Lyon Sotheby's International Realty

Office Phone: 480-809-4255

Office Email: bret.lamberson@russlyon.com

Last Updated: October - 19 - 2026