3817 N 9th Place, Phoenix, AZ 85014

$699,000

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List Price
$699,000
Days on Market
145
Status
ACTIVE
MLS#
6993109
City
Phoenix
Subdivision
Stacy Tract
Year Built
1948

Property Description

Exceptional investment opportunity in the heart of Phoenix! This duplex offers versatility, strong rental potential, and multi-generational living options. Zoned multifamily and qualifying for both FHA and conventional financing, this property is ideal for investors seeking cash flow or owner-occupants looking to offset their mortgage by living in one unit and renting the other. Complete roof replacement in 2026. Unit 1 (Approx. 750 SF) was fully remodeled in 2019 with modern finishes to include wood-look porcelain tile flooring, contemporary concrete countertops, two-toned accented cabinetry with brushed gold hardware and faucet, white subway tile backsplash, updated fixtures, lighting and ceiling fans. Stainless steel appliances include a stove, refrigerator, and microwave. The bathroom features an upgraded vanity and hardware. A sliding Arcadia door opens to a private backyard retreat. Unit 2 (Approx. 900 SF) offers a spacious 2-bedroom, 1-bath layout with vaulted ceilings and stylish block accent walls. Interior upgrades were completed in 2015, with new tile flooring installed in 2020. The kitchen features granite countertops, distressed wood cabinetry, stainless steel appliances (stove, refrigerator, dishwasher, microwave), and modern hardware. A bonus room provides flexible space for an office, den, or additional storage. In 2023, this unit received a new A/C unit, new dryer, painted kitchen cabinets, and additional upgrades. Both units include dual-pane windows, blinds, private paver patios, private storage, and two covered carport spaces at the rear. The expansive yard features low-maintenance desert landscaping, offering privacy and additional outdoor enjoyment. Located near Downtown Phoenix and surrounded by premier amenities including Biltmore Fashion Park, Camelback Colonnade, Encanto Park, Phoenix Mountains Preserve, Heard Museum, Phoenix Art Museum, and the iconic The Clarendon Hotel. Convenient access to major medical centers including Phoenix Children's Hospital, Banner University Medical Center Phoenix, St. Joseph's Hospital and Medical Center, and the Phoenix VA Health Care System makes this an ideal rental location for medical professionals and students. Easy access to light rail, Sky Harbor Airport, and SR-51, I-10, and Loop 202 freeways enhances long-term desirability.

Additional Information

Elementary School
Longview Elementary School
High School
Phoenix Union Bioscience High School
Middle School
Osborn Middle School
Community Features
No Pool, Play Area, Barbecue
Construction
Block, Painted
Cooling
Central Air, Heat Pump, Electric, Varies by Unit, 2 or More Units, Ceiling Fan(s)
Electric
APS, Individual Meter
Exterior Features
Sidewalk(s)
Flooring
Ceramic Tile
Heating
Heat Pump, Central
New Financing
FHA, Conventional, 1031 Exchange, Cash
Parking Features
Carport, On Street, >1 Space Per Unit
Roofing
Composition
Subdivision
Stacy Tract
Taxes
$870
Tax Year
2025
Tenant Pays
Water, Electricity, Gas, See Remarks
Units
2
Water
City Franchise
Zoning
R-3

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Calculator source: Real Geeks

Listing courtesy of Russ Lyon Sotheby's International Realty.

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