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Image 1 - 501 W Mohave St, Phoenix, Arizona, 85003 - House for sale
Image 2 - 501 W Mohave St, Phoenix, Arizona, 85003 - House for sale
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Home For Sale In Phoenix, Arizona
501 W Mohave St, Phoenix, Arizona, 85003

Home For Sale In Phoenix, Arizona

house for sale
Listed: 05/01/24

501 W Mohave St, Phoenix, Arizona, 85003

Studio Bed:
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Price
$ 875,000

About This House

Huge duplex being built with completion in May 2024. This duplex has 2 units, both units have 5 bedrooms and 2.5 baths each. Each unit has the primary bedroom downstairs along with the kitchen, family room and 1/2 bath. There are 4 bedrooms and a bathroom upstairs along with a walkout balcony that over looks downtown Phoenix. These are all new construction and come with a 1 year full builder warranty. Both units have a large 2 car carport and small private backyard as well, each unit is separately meter for water and electric both. So you can live in one unit and rent the other. Lending programs offer only 5% downpayment to purchase the building this way. Pictures will continue to get updated as the construction continues.

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Phoenix Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
4+ bed
Show as List Show as Graph
In June 2024, the asking price for 1 bed houses for sale in/near Phoenix, United States averaged $260,526, an increase of 1.3% from the previous month.
Median price trends for properties for sale in Phoenix, United States as of June 2024.

Household Income

Median household income: $57,957
Number of households: 574,645
The average household income in Phoenix, AZ grew from $56,696 to $57,957 in the past year. This data is an estimate based upon 574,645 households in Phoenix, AZ.
The chart below presents how household income is distributed in Phoenix, AZ in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $800-$1,500
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Phoenix, AZ compared to median property taxes around the country. The prevalent amount of property taxes in Phoenix, AZ equals $800-$1,500 , which is more than the national average.