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$900,000

Beds
6
Baths
6.0
sq ft
2,724

2440 West Morten Avenue, Phoenix, AZ 85021

2440 West Morten Avenue

Phoenix, AZ 85021

  • <1 day on market
Perfect Investment Opportunity! This 2024-built duplex features two identical units, each 1,362 sq. ft. with 3 bedrooms, 3 bathrooms, and a 2-car garage. Currently a short-term rental, it's a turnkey investment generating passive income. Each unit includes: &#10004; Quartz countertops, stainless steel appliances & luxury vinyl flooring &#10004; Brand-new light fixtures & modern finishes &#10004; Spacious master suite with ensuite bath &#10004; Private laundry & low-maintenance yard With easy freeway access, this is a prime opportunity for investors or multi-generational living.

Details

Property type

Single Family Residence

Est. home value

$367,111

Lot size

0.3 acres

Price per sq ft

$331

Year built

2024

Annual property taxes

$100

HOA

No

Price History

03/03/2025
ArizonaRegional

ArizonaRegional #6829386

Listed
$900,000
+361.54%
10/16/2020
ArizonaRegional

ArizonaRegional #6132245

Sold
$195,000

Schools & Community

Neighborhood: 

Alhambra

Elementary school: 

Orangewood School

Middle school: 

Orangewood School

High school: 

Washington High School

High school district: 

Glendale Union High School District

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

David W Knott

Loan start date

June 2023

Original loan amount

$400,000

Est. remaining balance

Not provided

Interest rate

6.43%

Loan type

Not Provided

Seller

Realestate Capital Investments Llc

Lender

Nvestor Funding Inc

Loan start date

August 2022

Original loan amount

$232,500

Est. remaining balance

$224,045

Interest rate

5.3%

Loan type

New Conventional, 30 year

Seller

Realestate Capital Investments Llc

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 03/03/2025 at 9:45 PM

Listing updated: 03/03/2025 at 4:38 PM

Listed by: Austin J. Stocks, My Home Group Real Estate Phone #: (480) 685-2760

MLS: ArizonaRegional #6829386

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