2032 W Cypress Street, Phoenix, AZ 85009 ⋆ Arizona luxury homes, estates and mansions for sale.

$474,900

2032 W Cypress Street
Phoenix, AZ 85009
MLS# 7014410

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Property Description
Fantastic Investor opportunity! Perfect for the seasoned investor to add to their portfolio or an owner-occupant who wants passive income from stabilized rents. Each unit is a 1 bedroom, 1 bathroom with the front and rear units (2034 W Cypress St) sharing a rear yard and 2032 W Cypress St enjoying a private yard and gated, covered parking. All appliances and lockable storage shed in the rear yard are landlord owned and convey in sale. This is a solid property that's ready for its new owner. Reach out with any questions.

Details

Maps

Contract Info

Ownership: Fee Simple

Current Price: $474,900

List Price: $474,900

Status: Active

List Date: 2026-04-15

Location, Tax & Legal

Assessor's Map #: 53

Legal Description (Abbrev): VILLA VERDE AC

Assessor's Parcel #: 26

Add'l Parcels: No

Tax Municipality: Phoenix

Census Tract: 116800

Taxes: 971

Legal: VILLA VERDE AC

Marketing Name: Villa Verde Acres

House Number: 2032

Compass: W

Street Name: Cypress

St Suffix: Street

City/Town Code: Phoenix

State/Province: AZ

Zip Code: 85009

Zip4: 2851

Country: US

County Code: Maricopa

Subdivision: VILLA VERDE ACRES

Assessor Number: 110-53-026

Tax Year: 2025

General Property Description

# of Buildings: 2

Uncvrd Parking Spcs: 5

Lot Size Dimensions: 72 x 95

Total # of Units: 3

Elementary School District: Phoenix Elementary District

High School District: Phoenix Union High School District

Elementary School: Capitol Elementary School

Jr. High School: Capitol Elementary School

High School: Central High School

Year Built: 1952

Zoning: R1-6

Legal Info

Range: 2E

Section: 36

Township: 2N

Lot Number: 12

Project Type

Tri-Plex: 1

Construction

Brick: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Floors

Tile: 1

Sale Includes

Land & Building: 1

Laundry Equipment: 1

Income & Expenses

Annual Landscape Exp: 810

Annual Maint Exp: 2040

Annual Wtr/Swr Exp: 1620

Owner Association: No

Annual Ownr Asoc Fee: 0

Operating Exp: 5441

Other Income: 0

Vacancy Allowance: 0.05

Adjusted Gross Inc: 39318.6

Pmt & Rate Info

Cap Rate: 7.13

Equity: 474900

Down Payment %: 0

Monthly Payments: 0

Total Owed: 0

Showing Notification Methods

Showing Service: No Showing Service Used

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Natural Gas: 1

Cooling

Central Air: 1

Exterior Amenities

Landscape Water System: 1

Cable TV Available: 1

Tenant Pays

Gas: 1

Electricity: 1

Cable TV: 1

Appliances Included

Refrigerator: 1

Washer/Dryer: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Projected Proforma: 1

Road Responsibility

City Maintained Road: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Sewer-In & Connected: 1

Parking Features

Carport: 1

On Street: 1

>1 Space Per Unit: 1

RV Access/Parking: 1

Attached Carport: 1

Electric

APS: 1

Master Meter: 1

Submetered System: 1

Gas

SW Gas: 1

Owner Pays

Water: 1

Sewer: 1

Trash Collection: 1

Landscaping: 1

New Financing

Cash: 1

Conventional: 1

FHA: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 3

Avg Rent: 1150

Avg SqFt: 500

# Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: 19th Ave & McDowell Rd

Directions: North to Encanto Blvd, West to 20th Ave, South to Cypress St, West to property.

Geo Lat: 33.471952

Geo Lon: -112.103841

Income Expenses

Gross Annual Sch Inc: 41388

Net Operating Income: 33877.6

Property Features

Project Type: Tri-Plex

Construction: Brick

Const - Finish: Painted

Roofing: Composition

Floors: Tile

Sale Includes: Land & Building; Laundry Equipment

Community Features: No Pool

Exterior Amenities: Landscape Water System; Cable TV Available

Appliances Included: Refrigerator; Washer/Dryer

Heating: Natural Gas

Cooling: Central Air

Water Source: City Franchise

Sewer: Sewer - Public; Sewer-In & Connected

Electric: APS; Master Meter; Submetered System

Gas: SW Gas

Parking Features: Carport; On Street; >1 Space Per Unit; RV Access/Parking; Attached Carport

Road Surface Type: Asphalt

Road Responsibility: City Maintained Road

Owner Pays: Water; Trash Collection; Landscaping

Tenant Pays: Electricity; Gas; Cable TV

Source of Fincl Data: Owner; Projected Proforma

Lockbox Type: None

New Financing: Cash; FHA; Conventional

Environmental: None

Listing Office: eXp Realty

Last Updated: April - 25 - 2026