Converting Single Family House into a Duplex : Zoned R4

Converting Single Family House into a Duplex : Zoned R4

Real Estate Agent · Phoenix, AZ · Member since 2022 · 15 posts · 4 votes

Hi everyone, I have a 4 bed, 2.5 bath SFR home in North Phoenix that is 95% done with a current remodel. It is zoned R4 with a 692 ft2 addition was just recently added that could make it a Duplex if you wall it off. The property has dual driveways with RV gates on both sides of the house perfect for a 2 unit MFH. Do you think it would be wise to convert it into a duplex with two 2/1 units? The front unit has the kitchen. You would have to take out the half bath and laundry room or scale down the master to make room to add a kitchen for the back unit. Comps for units this size in the neighborhood are renting out for $1500-$1800 each. Leaving it as a single fam would rent out somewhere between $2500-$2800. The units would be a little under 700 ft2 each. I'm deciding whether to sell it as is, convert it to a duplex & sell, or hold & rent as either. Currently priced at $379k as is. Let me know what you think would be smart to do. I can provide more info if need be. Thanks

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  • Scottsdale, AZ · Member since 2016 · 8 posts · 0 votes
    3y

    Depends on several factors. Cash available for continued changes, cost of conversion, and likely hood of securing renters quickly in that area. 

    Lots to evaluate before you take a swing at it. 

    Sounds like your easiest play is to finish and rent or sell. 
    Continuing to convert, at 95% done could take extensive additional time. 

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