




Courtesy of HomeSmart, Alejandra Mena Listing Contact: 602-277-7777
7 Beds
4 Baths
$675,000
1201 E GRISWOLD Road, Phoenix AZ, 85020
Built in1957
Property typeMulti-family
Overview
Active
Listed Sep 1, 2026
Updated 11 days ago
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!
Additional information
- MLS® ID
- 7084198
Interior Features
- Bedrooms
- 7
- Bathrooms
- 4
- Cooling
- Yes
- Heating
- Yes
- Basement
- No
Other Property Details
- Taxes
- $1,512
- Tax Frequency
- Annually
- Municipality
- 3N
Courtesy of HomeSmart, Alejandra Mena
Listing Contact: 602-277-7777
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Data Last Updated: 3:50 AM UTC, 10/24/2026.