Active
7 beds4 baths
1201 E Griswold Rd, Phoenix, AZ 85020
Est: $3,756/moGet pre-approved
Multi FamilyProperty Type
0.16 acresLot Size
1957Year Built
2 carsParking Spaces

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...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!
26 days on Market
  • Listed by: Alejandra Mena 602.277.7777 alejandra1mena@gmail.com Brokerage DRE #LC506032016 • HomeSmart
Last updated: 09/23/2026 11:40 PM • Source: ARMLS, MLS#: 7084198

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Location

Listing Courtesy of HomeSmart
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$3,756 per month

30 year fixed, 7.03% Interest

Principal and Interest

$3,630

Property Taxes

$126

HOA Dues

$0

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Property Information for 1201 East Griswold Road

Property Details
  • Taxes: $1,512 / year
  • MLS Type: Multiple Dwellings
  • Subdivision Name: KILLIAN HEIGHTS
  • View YN: No
  • Zoning: R-3
Building Information
  • Residences: 2
  • Year Built: 1957
  • Lot Size: 0.16 AC / 7,035 SF
Summary
Location and General Information
  • Unparsed Address: 1201 E GRISWOLD Road, Phoenix, AZ 85020
  • City: Phoenix
  • Coordinates: -112.056336, 33.557013
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: 12TH STREET AND NORTHERN
  • Directions: NORTH ON 12TH STREET TO GRISWOLD EAST TO YOUR CLIENTS FUTURE HOME
  • Latitude: 33.557013
  • Longitude: -112.056336
  • Postal City: Phoenix
  • Postal Code: 85020
  • Postal Code Plus4: 3838
  • State Or Province: AZ
  • Street Suffix: Road
  • Year Built: 1,957
Taxes and HOA
  • Tax Annual Amount: $1,512.00
  • Tax Book Number: 160.00
  • Tax Legal Description: LOT 1 KILLIAN HEIGHTS MCR 007502
  • Tax Lot: 1
  • Tax Year: 2,025
Parking
  • Covered Spaces: 1
  • Garage YN: No
  • Open Parking Spaces: 1
  • Open Parking YN: Yes
  • Parking Features: RV Access/Parking, Carport
  • Parking Total: 2
School Information
  • Elementary School: Desert View Elementary School
  • Elementary School District: Washington Elementary School District
  • High School: Glendale High School
  • High School District: Glendale Union High School District
  • Middle Or Junior School: Desert View Elementary School
Property
Lot Information
  • Building Area Units: Square Feet
  • Living Area Units: Square Feet
  • Lot Size Dimensions: 67X105
Property and Assessments
  • Disclosures: None
  • Documents Change Timestamp: 09-23-2026 10:32:40 PM
  • Documents Count: 0
  • Floor Plans Change Timestamp: 09-23-2026 10:06:54 PM
  • Ownership: Fee Simple
  • Parcel Number: 16011005
  • Property Type: Multiple Dwellings
  • Public Survey Range: 3E
  • Public Survey Section: 33
  • Public Survey Township: 3N
  • Road Surface Type: Asphalt
Utilities
  • Electric: APS
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Franchise
Interior and Exterior Features
Exterior Features
  • Community Features: No Pool
  • Construction Materials: Painted, Stucco, Brick
  • Exterior Features: Rain Gutters
  • Number Of Buildings: 2
  • Number Of Units Total: 2
  • Patio And Porch Features: Rain Gutters
  • Roof: Composition, Tile
Interior Features
  • Bathrooms Total Integer: 4
  • Bedrooms Total: 7
  • Cooling: Ceiling Fan(s)
  • Cooling YN: Yes
  • Flooring: Tile, Vinyl, Concrete
  • Heating: Central
  • Heating YN: Yes
Multi Family
Income & Expenses
  • Gross Income: $25,800.25
  • Gross Scheduled Income: $51,600.00
  • Net Operating Income: $.00
  • Operating Expense: $1,512.00

Property History for 1201 East Griswold Road

DateEvent & SourcePriceAppreciation
Sep 1, 2026

Listed (Active)

ARMLS #7084198

$680,000—
Sep 1, 2026

Listed (Active)

ARMLS #7073860

$680,000—
DateEvent & SourcePrice
09/01/2026

Listed (Active)

ARMLS #7084198

$680,000
09/01/2026

Listed (Active)

ARMLS #7073860

$680,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1201 East Griswold Road

Taxable ValueLand-Additions-Total-
Tax Record2025$1,512 ($126 / month)
Home Facts
Beds0Baths2Total Finished SqFt1,218 SqFtAbove Grade Finished SqFt1,218 SqFtStories1Lot Size6,812 SqFtStyleSingle Family ResidenceYear Built1957Year Renovated1957ZoningR-6CountyMARICOPAAPN160-11-005

Schools near 1201 East Griswold Road

This home is within Washington Elementary School District.
Rating
School
Type
Grades
Distance
Public - PK to 6
Public - 5 to 8
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Desert View Elementary School
PublicPK to 6

Royal Palm Middle School
Public5 to 8

Sunnyslope High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1201 East Griswold Road is a multi-family home for sale in Phoenix, AZ 85020. This property was listed for sale on September 1, 2026 by HomeSmart, it's currently listed at $680,000. This listing's school districts are Glendale Union High School District, Washington Elementary School District. Nearby schools include Desert View Elementary School, Royal Palm Middle School and Sunnyslope High School. 1201 East Griswold Road is a 7-bed, 4-bath multi-family home built in 1957.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of HomeSmart

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.