$420,000
Phoenix, AZ 85033
MLS# 7032949
3 beds | 3 baths
1 / 19
Property Description
Excellent cash-flow opportunity! Don't miss this opportunity to own this unique property featuring a 2-bedroom, 2-bath main residence plus three separate studio units, each equipped with a private bathroom and kitchenette. The studios have historically generated $800 per month each in rental income, with one unit currently leased on a month-to-month basis. Ideal for investors seeking immediate income potential or owner-occupants looking to offset expenses with rental revenue.
Details
Maps
Contract Information
List Price: $420,000
Status: Active
Current Price: $420,000
List Date: 2026-05-22
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 6944
Compass: W
Street Name: VERDE
St Suffix: Lane
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85033
Zip4: 5618
Country: US
County Code: Maricopa
Assessor Number: 102-21-364
Subdivision: MARYVALE TERRACE NO. 49
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 3
Full Bathrooms: 3
Total Bathrooms: 3
Approx SQFT: 1853
Price/SqFt: 226.66
Horses: N
Builder Name: NA
Year Built: 1983
Approx Lot SqFt: 6007
Approx Lot Acres: 0.138
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Cartwright Elementary District
High School District: Phoenix Union High School District
Elementary School: Cartwright School
Jr. High School: Frank Borman School
High School: Maryvale High School
Remarks Misc
Cross Street: N. 71st Ave. & W. Thomas Rd
Directions: Heading East on Thomas Rd. Turn Left onto N. 71st Ave. Turn Right onto W. Verde Ln. Keep Right at the Fork. Home is on the Left.
Geo Lat: 33.481011
Geo Lon: -112.209458
Legal Info
Township: 2N
Range: 1E
Section: 25
Lot Number: 238
Basement
Basement Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: None
Spa: None
Dining Area: Formal
Kitchen Features: Electric Oven; Electric Range; Refrigerator
Laundry: Washer Hookup; Gas Dryer Hookup
Other Rooms: Bonus/Game Room
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Other
Cooling: Central Air
Heating: Electric
Plumbing: Electric Hot Wtr Htr
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Block
Landscaping: Dirt Back; Gravel/Stone Front
Lockbox Type: Combo
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Private
New Financing: Cash; FHA; Conventional
Disclosures: Seller Discl Avail
Listing Office: eXp Realty
Last Updated: May - 26 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.