740 W Cinnabar Avenue, Phoenix, AZ 85021

$305,000

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List Price
$305,000
Price Change
▼ $30,000 1784962279
Days on Market
158
Status
ACTIVE
MLS#
6987999
City
Phoenix
Subdivision
Ironwood Place
Year Built
1954

Property Description

Unlock the potential of this versatile duplex, perfectly suited for investors, house hackers, or multi-generational living! Nestled on a generous 10,000+ sqft lot with mountain views & next to Mountain View Park, this property offers opportunity & convenience. Both units are currently occupied, generating a rent roll of $900 per unit. While the dwelling needs some TLC, it boasts spacious front and private backyards, ideal for outdoor fun or future upgrades. Each unit features a porch, a living/dining room, tile flooring, a kitchen with breakfast nook, two bedrooms, and a full bath. This is your chance to build equity, customize to your vision, and maximize value in a well-established area! Appraised for $345K last year! Close to schools, restaurants, shops, and the I-17, this location makes daily life a breeze.

Additional Information

Elementary School
Mountain View Elementary School
High School
Sunnyslope High School
Middle School
Royal Palm Middle School
Community Features
No Pool
Construction
Wood Frame, Painted, Stucco
Cooling
Central Air
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric
New Financing
Conventional, Cash
Parking Features
Open, <1 Space Per Unit
Roofing
Composition
Subdivision
Ironwood Place
Taxes
$872
Tax Year
2025
Tenant Pays
Electricity, Gas, Cable TV
Units
2
Water
Master Meter, City Franchise
Zoning
R-3

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Rosenbaum Realty Group.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.