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2032 W Cypress Street, Phoenix, AZ, 85009

3beds
3baths
1,500sqft
$454,900
$303price/sqft
$2,882/moest. monthly cost
$115,280/yrincome needed

About This Home

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.

Getting Around

35
WalkingCar-Dependent
46
TransitSome Transit
38
BikeSomewhat Bikeable

Schools

6/10
3/10
Central High SchoolGrades 9-122.8 mi

Construction

Condition

  • Year built: 1952

Materials

  • Roof: Composition
  • Construction materials: Painted,Brick

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Refrigerator,Washer/Dryer

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 3

Features

  • Flooring: Tile

Heating & Cooling

  • Heating features: Natural Gas
  • Cooling features: Central Air

Interior Area

  • Total structure area: 1,500
  • Total interior livable area: 1,500 sqft

Property

Details

  • Parcel number: 11053026
  • Zoning: R1-6

Lot

  • Lot size: 6,840 sqft
  • Lot size dimensions: 72 x 95

Parking

  • Total spaces: 11
  • Parking features: Attached Carport,RV Access/Parking,>1 Space Per Unit,On Street,Carport
  • Covered spaces: 6
  • Has uncovered spaces: Yes
  • Uncovered spaces: 5
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,300$27,600
Home Insurance $200$2,400
Property Taxes $166$1,992
Electricity $216$2,603
Total$2,882$34,584

Income You'd Need if You Spent...

35% on housing$98,811/yr
40% on housing$86,460/yr
45% on housing$76,853/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$303This listing

vs Other Active Listings

Avg $/sqft

ZIP 85009$154
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85009$246
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-04-25Listed for sale$474,900
2023-07-20Listing removed--
2023-07-03Price change$1,199
2023-06-18Price change$1,249
2023-06-13Listed for rent$1,349
2022-02-17Listing removed--
2022-02-04Listed for rent$1,300
2021-09-23Sold$425,000
2021-09-08Pending sale$425,000
2018-04-10Sold$176,400
2018-02-22Listed for sale$179,900
2017-03-01Sold$119,000
2005-12-01Sold$150,698
1999-02-19Sold$80,000

For Sale by Agent

AgentDavid S Mendel
BrokerageeXp Realty

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