1845 E ILLINI Street
Phoenix, AZ 85040
South Mountain- 5 Beds
- 3 Baths
- 2,600 sqft
5 Beds
3 Baths
2,600 sqft
Local Information
-- mins to
Description
2025 Built duplex in Opportunity Zone; excellent work-force housing; fully rented and stabilized. Generates $36k income and a 7% CAP rate. Very good condition. Tenants pay on time, every time, and pay their elec. Landlord pays water/sewer. Also see 1728 next door. Can be purchased as a 4-plex. Tile floors, Samsung appliances, 2'' wood blinds, 42'' expresso cabinets. Lots of parking. Make money on Day 1.
Home Highlights
Parking
2 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$192
Listed
22 days ago
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 Pump,IndividualHas 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: 11Days on Market: 22 |
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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: 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 |
Last check for updates: about 4 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.
Market trends in South Mountain
Last updated May 2026
Avg. sale price
$377K
$4.33KMoM
Sale-to-List Price
99.7%
Price per sq ft
$234
$0MoM
Available listings
360
3MoM
Price History for 1845 E ILLINI Street
| Date | Price | Event | Source |
|---|---|---|---|
| 06/22/2026 | $499,900 | PriceChange | ARMLS #7040008 |
| 06/11/2026 | $509,900 | Listed For Sale | ARMLS #7040008 |
| 12/30/2020 | $55,000 | Sold | N/A |
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Property Tax and Assessment
| Year | 2025 |
|---|---|
| Tax | $286 |
| Assessment | $78,777 |
Home facts updated by county records
Comparable Sales for 1845 E ILLINI Street
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.12 | Multi-Family Home | $375,000 | 04/30/26 | 6 | 2 | 3,400 | |
0.99 | Multi-Family Home | $762,000 | 09/30/25 | 6 | 3 | 3,270 | |
1.01 | Multi-Family Home | $750,000 | 10/31/25 | 6 | 3 | 3,270 | |
1.01 | Multi-Family Home | $750,000 | 08/29/25 | 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 | 2 | 2,200 | |
1.27 | Multi-Family Home | $345,000 | 08/26/25 | 7 | 4 | 2,346 | |
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 homes
Get a sense of prices in the area by checking nearby homes.Assigned Schools
These are the assigned schools for 1845 E ILLINI Street.
What Locals Say about South Mountain
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.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Dean Selvey, RE/MAX Excalibur
Agent Phone: (480) 254-6444

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.

