$499,900
Original price: $509,900
- 5 Beds
- 3 Baths
- 2,600 sqft
1845 E ILLINI Street, Phoenix, AZ 85040
Est. Mortgage $3,001/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 2025
$192/sqft
2 Open Spaces
Local Information
-- mins to
About this House
What's unique:Modern finishesAmple on-site parkingSamsung stainless appliancesWood-look tile
LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2025-built duplex offers the opportunity to live in one unit while approximately $2100/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.
Last check for updates: about 5 hours ago
Listing courtesy of Dean Selvey, (480) 254-6444
RE/MAX Excalibur
Source: ARMLS, MLS#7040008

Also Listed on ARMLS.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.
Home Details for 1845 E ILLINI Street
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Beds & Baths Number of Bedrooms: 5Number of Bathrooms: 3 |
Dimensions and Layout Living Area: 2600 Square Feet |
Appliances & Utilities Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, MicrowaveDishwasherDisposalLaundry: W/D HookupMicrowaveRefrigerator |
Heating & Cooling Heating: ElectricHas CoolingAir Conditioning: Central Air,Ceiling Fan(s),Heat PumpHas HeatingHeating Fuel: Electric |
Gas & Electric Electric: SRP, Individual MeterHas Electric on Property |
Windows, Doors, Floors & Walls Flooring: Tile, Carpet |
Levels, Entrance, & Accessibility Floors: Tile, Carpet |
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Exterior Home Features Roof: Composition |
Parking & Garage Number of Covered Spaces: 2Open Parking Spaces: 2Has a CarportNo GarageHas Open ParkingParking Spaces: 4Parking: Attached Carport,Add'l Parking Avail,>1 Space Per Unit,Carport |
Frontage Road Surface Type: AsphaltNot on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 117Days on Market: 131 |
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Year Built Year Built: 2025 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Construction Materials: Wood Frame, Stucco |
Property Information Parcel Number: 12232090 |
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Price List Price: $499,900Price Per Sqft: $192 |
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MLS Status: Active |
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Direction & Address City: PhoenixCommunity: PROGRESS PLACE |
School Information Elementary School: Percy L Julian SchoolElementary School District: Roosevelt Elementary DistrictJr High / Middle School: Percy L Julian SchoolHigh School: South Mountain High SchoolHigh School District: Phoenix Union High School District |
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Listing Agent Listing ID: 7040008 |
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Building Area Building Area: 2600 Square Feet |
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Community Features: No Pool |
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Lot Area: 7353 sqft |
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Listing Terms: Cash, Conventional, 1031 Exchange |
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Business Information Ownership: Fee Simple |
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Owner Pays: Trash Collection, Water, Sewer |
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Mls Number: 7040008 |
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No Pool |
Around this home
What Locals Say about South Mountain
This October
Trick-or-Treat Score
Built from what locals say about South Mountain.- 82% say there are sidewalks
- 69% say there's holiday spirit
- 43% say neighbors are friendly
Trulia Trick or TreatStart Ghost Hunt
At least 811 Trulia users voted on each feature.
83 % Say car is needed
82 % Say there are sidewalks
79 % Say parking is easy
78 % Say yards are well-kept
70 % Say it's dog friendly
69 % Say there's holiday spirit
62 % Say kids play outside
59 % Say it's quiet
54 % Say streets are well-lit
54 % Say they plan to stay for at least 5 years
50 % Say people would walk alone at night
47 % Say it's walkable to grocery stores
43 % Say neighbors are friendly
42 % Say there's wildlife
41 % Say it's walkable to restaurants
25 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in South Mountain
Last updated September 2026
Avg. sale price
$365K
$11.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$242
$2MoM
Available listings
362
13MoM
Sourced by Trulia Market Trends
Home Value
Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.21 | Multi-Family Home | $488,000 | 08/07/26 | 5 | 3 | 2,600 | |
0.07 | Multi-Family Home | $482,600 | 09/30/26 | 6 | 4 | 2,604 | |
0.12 | Multi-Family Home | $375,000 | 04/30/26 | 6 | 2 | 3,400 | |
1.01 | Multi-Family Home | $750,000 | 10/31/25 | 6 | 3 | 3,270 | |
1.01 | Multi-Family Home | $580,000 | 01/22/26 | 6 | 4 | 2,400 | |
0.64 | Multi-Family Home | $412,000 | 11/19/25 | 6 | 4 | 2,200 | |
0.70 | Multi-Family Home | $417,500 | 08/19/26 | 8 | 2 | 3,060 | |
0.26 | Multi-Family Home | $435,000 | 01/09/26 | 5 | 2 | - | |
1.55 | Multi-Family Home | $540,000 | 05/08/26 | 7 | 4 | 2,066 | |
1.00 | Multi-Family Home | $580,000 | 01/30/26 | 8 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.00 | - | 1 | 1 | 850 | Off Market | |
0.01 | - | - | - | - | Off Market | |
0.01 | $499,900 | 5 | 3 | 2,600 | For Sale | |
0.01 | $240,400 | Studio | 1 | 1,044 | Off Market | |
0.02 | $380,800 | 4 | 2 | 1,427 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.02 | - | - | - | 10 | Off Market | |
0.02 | - | - | - | - | Off Market | |
0.03 | $400,100 | 4 | 2 | 1,785 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | $341,000 | 3 | 2 | 1,310 | Off Market | |
0.03 | - | - | - | - | Off Market | |
0.03 | $443,600 | 3 | 1 | 980 | Off Market | |
0.03 | $324,300 | Studio | 1 | 996 | Off Market | |
0.03 | $248,300 | Studio | 1 | 744 | Off Market | |
0.03 | $461,300 | 4 | 2.5 | 2,004 | Off Market | |
0.03 | $226,100 | Studio | 1 | 614 | Off Market | |
0.03 | - | 3 | 2 | - | Off Market | |
0.03 | - | 2 | 1 | 1,000 | Off Market | |
0.03 | $273,600 | 3 | 2 | 1,092 | Off Market |
Price and Tax history
| Date | Event | Price |
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Jun 22, 2026 Source: ARMLS #7040008 | PriceChange | $499,900 Price decreased by 2% |
Jun 11, 2026 Source: ARMLS #7040008 | Listed For Sale | $509,900 |
Dec 30, 2020 Source: N/A | Sold | $55,000 |
| Year | Property tax | Tax assessment |
|---|---|---|
| 2025 | $286 | $78,777 |
Home facts updated by county records
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dean Selvey, RE/MAX Excalibur
Agent Phone: (480) 254-6444

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Frequently asked questions about 1845 E ILLINI Street
- What is the estimated monthly payment for 1845 E ILLINI Street?Based on a $499,900 list price with 20% down at today's rates, the estimated monthly payment for 1845 E ILLINI Street in Phoenix, AZ is approximately $3,037 (about $2,791 principal & interest, $171 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 1845 E ILLINI Street compare to homes in Phoenix?1845 E ILLINI Street in Phoenix, AZ is listed at $499,900, about 37% above the $365K median sale price in Phoenix.
- What do residents say about the South Mountain neighborhood?Residents describe the South Mountain neighborhood in Phoenix, AZ as pedestrian-friendly, easy to park in, and well-kept. See homes for sale in South Mountain, Phoenix.
- What are the closest schools to 1845 E ILLINI Street?The closest schools to 1845 E ILLINI Street in Phoenix, AZ are Martin Luther King Jr Elementary School (Pre-K), Percy L Julian School (Elementary/Middle, rated 5/10), South Mountain High School (rated 2/10).
- Does 1845 E ILLINI Street have air conditioning?Yes, 1845 E ILLINI Street in Phoenix, AZ has air conditioning.
- Does 1845 E ILLINI Street have laundry facilities?Yes, 1845 E ILLINI Street in Phoenix, AZ has laundry facilities.
1845 E ILLINI Street, Phoenix, AZ 85040 is a 5 bedroom, 3 bathroom, 2,600 sqft multi-family built in 2025. 1845 E ILLINI Street is located in South Mountain, Phoenix. This property is currently available for sale and was listed by ARMLS on Jun 10, 2026. The MLS # for this home is MLS# 7040008.

