Welcome to an exceptional investment opportunity in a thriving neighborhood. This contemporary duplex offers two independent units, each with its own entrance, providing a steady rental income stream or the option for an owner-occupied investment strategy. Dual Units: Two units, one (address of 486) featuring 2 bedrooms and 1 bathroom, and the other (address of 488) with 1 bedroom, 1 bath with another versatile bonus room perfect for a home office, study, or guest room - though not legally designated as a bedroom. Unit 488 has been recently renovated with new flooring, lighting and bathroom hardware. It also has a stainless steel refrigerator and a new stacked washer and dryer. The current tenant has a lease that goes through May 31st, 2025. Unit 486 has a tenant in place on a month-to-month lease, with potential for rent increases given the area's market trends, though there is a strong rental history of 6+ years with the current tenant. Both units pay their own gas and electric. Owner pays water, trash, and sewer which ranges from $100-$200/month.
The median home value in Willcox, AZ is $177,500. This is higher than the county median home value of $145,800. The national median home value is $219,700. The average price of homes sold in Willcox, AZ is $177,500. Approximately 49.17% of Willcox homes are owned, compared to 25.22% rented, while 25.61% are vacant. Willcox real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Willcox real estate agent to arrange a tour today!
Willcox, Arizona has a population of 3,557. Willcox is more family-centric than the surrounding county with 30.19% of the households containing married families with children. The county average for households married with children is 26.49%.
The median household income in Willcox, Arizona is $41,250. The median household income for the surrounding county is $47,847 compared to the national median of $57,652. The median age of people living in Willcox is 33.4 years.
The average high temperature in July is 95.7 degrees, with an average low temperature in January of 28.4 degrees. The average rainfall is approximately 13.2 inches per year, with 2.7 inches of snow per year.