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1201 E Griswold Rd, Phoenix, AZ 85020

$680,000
  • 7

    bed

  • 4

    bath

Multi-family for sale 28 days

About 1201 E Griswold Rd

Property type Multi-family
Neighborhood
Year built 1957
HOA fee $0/month
Property description
TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!
Listed by
Listing Agent - Alejandra Mena
Listing Office - HomeSmart
Source: ARMLS mls logo
MLS#7084198 • last updated 4 weeks ago
Movoto checked ARMLS for data 5 minutes ago
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Overview
Cooling/AC Ceiling Fan(s)
Heating Central
MLS # 7084198
Type Multiple Dwellings
Virtual Tour External Link
Status Active
Property Tax 1512
Year Built 1957
Interior
Total # of Bathrooms 4
Total # of Bedrooms 7
Flooring Tile, Vinyl, Concrete
Appliances Dishwasher, Free-Standing Gas Oven
Exterior
Roof Composition, Tile
Construction Painted, Stucco, Brick
Parking RV Access/Parking, Carport
# of Open Parking Spaces 1
# of Covered Spaces 1
Exterior Features Rain Gutters
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision KILLIAN HEIGHTS
Community Features No Pool
Elementary School Desert View Elementary School
Elementary School District Washington Elementary School District
Middle School Desert View Elementary School
High School District Glendale Union High School District
High School Glendale High School
APN 160-11-005
Zoning R-3
Directions NORTH ON 12TH STREET TO GRISWOLD EAST TO YOUR CLIENTS FUTURE HOME
Multifamily Details
Total # of Units 2
Expense: Operating 1512
Financial Data Source Owner
Vacancy Allowance 0.5
Gross Income 25800.25
Gross Scheduled Income 51600
Lot/ Land Details
Road Surface Asphalt
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Source: GreatSchools.org © 2026. All rights reserved.

Around North Mountain

Explore everything this neighborhood has to offer. Learn more about North Mountain.
57/100
Walk
61/100
Family
90/100
Dining
97/100
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85020
  • North Mountain
  • 1201 E Griswold Rd

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