Phoenix Homes with 1031 Exchange New Financing

Phoenix Homes with 1031 Exchange New Financing

Welcome to Phoenix, Arizona, a vibrant city that beautifully marries the allure of the desert with the conveniences of urban living. Nestled in Maricopa County, Phoenix is the fifth-largest city in the United States, renowned for its stunning sunsets, warm climate, and a rich tapestry of cultural experiences. With an array of outdoor activities, from hiking in the nearby Camelback Mountain to exploring the lush Desert Botanical Garden, Phoenix offers an active lifestyle that appeals to nature lovers and adventure seekers alike.

For those considering investment opportunities in this thriving metropolis, the real estate market in Phoenix is particularly enticing. One of the standout options available is the opportunity for homes with 1031 Exchange financing. This tax-deferment strategy allows investors to reinvest proceeds from the sale of a property into new real estate without incurring immediate tax liability. It’s a smart way to maximize your investment potential while enjoying the benefits of homeownership in a rapidly appreciating market.

The homes available through 1031 Exchange financing in Phoenix cater to a variety of tastes and budgets, from modern condos in the bustling downtown area to charming single-family homes in family-friendly neighborhoods. With the city's continuous growth and development, now is the perfect time to explore the possibilities that await you in the Phoenix real estate market. Whether you’re looking for a primary residence or an investment property, Phoenix offers a unique blend of opportunity and lifestyle that’s hard to resist. Discover your dream home in the Valley of the Sun today!

Newest Phoenix Homes with 1031 Exchange New Financing

1008 E Citrus Way, Phoenix
$1,200,000
5 Beds ⋅ 3 Baths ⋅ 7101120 MLS ⋅ 2,678 SqFt.
Rare Opportunity - Oversized Large Duplex / Mother-in-Law Suite / Next Gen home in Central Phoenix!! The Seller is accepting 1031 exchange offers! Currently collecting $5,078 per month in combined rent and utility fees, the property offers two existing rental income streams, 62 owned and fully paid off solar panels, and no HOA. The main house generates a total of $3,078 per month, consisting of $2,678 in rent plus a $400 utility fee. The casita generates an additional $2,000 in rent. Combined collections represent $60,936 on an annualized basis at current rates, before expenses. Offering five bedrooms and three bathrooms in total, this spacious North Central Phoenix property offers a standout combination of size, extensive updates, and separate living spaces that is hard to find in the surrounding area. The oversized 9,687 square foot lot was originally 2 separate lots that were later combined into 1. Featuring a three bedroom, two bathroom main house and a two bedroom, one bathroom casita, the property underwent a full renovation that updated everything throughout, including the roof, HVAC, walls, flooring, and appliances. Separate driveways, individual entrances, and distinct outdoor spaces enhance the property's investment appeal, with additional flexibility for future owner occupancy or multigenerational living. Situated on a spacious cul-de-sac lot in Citrus Grove, the main residence features its own driveway and a one car garage containing an insulated storage shed. The casita offers its own driveway, a separate entrance, and a gated area that can serve as dedicated yard space. This arrangement provides convenient parking and clearly defined spaces for both residences. The main home combines classic brick curb appeal with low maintenance desert front landscaping and an expansive paver driveway. Inside, tile flooring, neutral colors, recessed lighting, and abundant natural light create a bright and inviting atmosphere. The spacious front living room provides plenty of room to gather, while the adjoining kitchen opens to an additional living and dining area centered around a brick fireplace with a raised hearth and wood mantel. Glass doors connect this space to the backyard for convenient outdoor entertaining. The main kitchen features granite countertops, extensive wood cabinetry, a decorative tile backsplash, stainless steel appliances, and a long breakfast bar. Generous counter space and ample drawers provide everyday functionality, while a skylight adds natural light. An oversized pantry offers substantial storage for food, small appliances, and household essentials. The generously sized primary suite includes a spacious closet with extensive shelving and hanging space. Its updated bathroom features dual sinks, a large vanity, and a glass enclosed shower with tile surrounds and mosaic accents. A separate toilet room adds privacy. Additional bedrooms offer ceiling fans and neutral finishes, while the secondary bathroom includes an updated vanity, tiled shower and tub, and a linen closet tucked behind the door for convenient storage of towels and supplies. An exceptionally large indoor laundry room offers direct access to the backyard and ample space beyond its laundry functions. Previously used as an office by both the owner and tenants, this versatile room provides space for a work area, storage, or other household needs. Its size and separate exterior door also offer an opportunity for buyers to investigate a potential future suite conversion, subject to verification of feasibility, zoning, permits, and applicable approvals. A tankless water heater adds everyday convenience. The casita enhances the property's investment appeal with its own kitchen featuring granite countertops and wood cabinetry that complement the main residence. A sizable pantry closet adds convenient storage. Its separate entrance, dedicated driveway, and gated yard area create an independent living arrangement, supporting its role as an established second source of rental income. The main house backyard features an expansive paver patio and two gazebos with benches, creating inviting spaces for relaxing, dining, and entertaining. The casita has its own gated yard area, providing a separate outdoor space. Located in the heart of North Central Phoenix, Citrus Grove offers an established neighborhood setting close to shopping, dining, and freeway access. The surrounding Central Avenue and Camelback corridors provide a variety of restaurants, retail destinations, and everyday conveniences, with access to employment and entertainment throughout central Phoenix. With existing rental income, separate driveways and entrances, owned solar, and no HOA, this property presents a compelling investment opportunity with flexibility for the future.

1008 E Citrus Way, Phoenix

1645 E Turney Avenue, Phoenix
$625,000
3 Beds ⋅ 2 Baths ⋅ 7100350 MLS ⋅ 1,851 SqFt.
Location, character, and rare versatility in the heart of the Biltmore Corridor! This unique 1925 adobe property features a charming single-family home plus a separate guest house with NO HOA--offering multiple income streams, multigenerational living, or the ideal setup for an owner-occupant desiring a private guest suite or dedicated home office. Thoughtfully renovated in 2020, the property blends historic architectural character with extensive modern improvements. Offering 1,851 total square feet, the property features a 2-bedroom, 1-bathroom main residence (1,231 sqft) and a separate 1-bedroom, 1-bathroom guest house (620 sqft), complete with its own kitchen and living area. Both residences showcase authentic cedar beams throughout every room, bringing warmth and character to the interiors. Updated kitchens feature stainless steel appliances, gas ranges, modern range hoods, and timeless subway tile backsplashes. Significant improvements extend beyond the finishes, including updated electrical wiring, plumbing, water and sewer lines, and ductwork. Located in the heart of the Biltmore Corridor, this property is just minutes from the Biltmore Financial District, Camelback Colonnade, and some of Phoenix's premier shopping, dining, and entertainment, with convenient access to SR-51, Loop 202, and I-10. An exceptional opportunity to enjoy the perfect combination of historic character, modern updates, and versatility in one of Phoenix's most sought-after locations.

1645 E Turney Avenue, Phoenix

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

How much is your home worth?

Get instant property value now!