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Sandra Baldwin

Realtor - Co-Founder at Launch Real Estate

  • Office (602) 397-4300
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1708 E Verde Lane, Phoenix, AZ – $897,000

  • $897k Price
  • $897k Price

1708 E Verde Lane

For investors seeking an IMMEDIATE INCOME generation with no additional investment required! 2024 average occupancy rate 93%. Current Airbnb rating 4.85 out of 5. CAP RATE 9.64%!!! Meticulously RENOVATED 4 unit main house + shed in Central Phoenix! Nestled in one of Phoenix's most DESIRABLE LOCATIONS with immediate access to HWY-51, 2 min drive to Phoenix Children's Hospital, 8 min drive to Biltmore Fashion Park, top-rated dining, and vibrant nightlife. This rental is a top choice of traveling nurses!Each unit is designed to provide guests with comfort and style, ensuring HIGH OCCUPANCY RATES. Every unit features a modern Kitchen, Bath, and separate Private Access. A well-maintained shared outdoor space with seating, hammock, fire pit and BBQ facilities creates an inviting atmosphere for relaxation. Convenient laundry facility w/washer & dryer is available for guest use.

Essential Information

  • MLS® #6817836
  • Price$897,000
  • Bathrooms0.00
  • Acres0.00
  • Year Built1950
  • TypeMultiple Dwellings
  • StatusActive

Community Information

  • Address1708 E Verde Lane
  • SubdivisionGARDENDALE ADD.
  • CityPhoenix
  • CountyMaricopa
  • StateAZ
  • Zip Code85016

Amenities

  • AmenitiesNo Pool
  • Parking Spaces4
  • ParkingFree, On Street

Interior

  • HeatingWindow/Wall Unit(s), Electric
  • CoolingWindow/Wall Unit, Electric

Appliances

Built-In Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

  • RoofComposition
  • ConstructionWood Frame, Stucco

School Information

  • ElementaryLarry C Kennedy School
  • MiddleLarry C Kennedy School
  • HighCamelback High School

District

Phoenix Union High School District

Additional Information

  • ZoningR1-6

Listing Details

  • OfficeeXp Realty
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Price Change History for 1708 E Verde Lane, Phoenix, AZ (MLS® #6817836)

Date Details Change
Status Changed from Pending to Active
Status Changed from Active to Pending

eXp Realty.

Information Deemed Reliable But Not Guaranteed. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. ARMLS Logo indicates that a property listed by a real estate brokerage other than Launch Real Estate LLC. Copyright 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listing information last updated on May 12th, 2025 at 3:15am MST.