136 N 11TH Avenue, Phoenix, AZ 85007
$520,000
Property Type:
Multiple Dwellings
Status:
Pending
Current Price:
$520,000
Last Modified:
5/06/2025
Description
Versatile property offering a main home and two studio units. Primary home is a charming three bedroom two bath. Two attached studio units located in the back. Main house is month to month lease allowing a perfect owner occupant and investing opportunity. Live in the primary home and allow the two studio units to offset your mortgage by $1,918 per month! Primary unit is currently M2M at $1650. Flexible R-8 Zoning allows for six attached units to be constructed. This block has a great mix of new developments and historic homes. Property is located in the Woodland historic district, a vibrant and evolving area that is walking distance to Historic Grand Avenue, downtown campuses, and all the best dining and nightlife Phoenix offers!
More Information MLS# 6860225
Contract Info
Current Price: $520,000
List Price: $520,000
Status: Pending
List Date: 2025-05-01
Ownership: Fee Simple
Location Tax Legal
House Number: 136
Compass: N
Street Name: 11TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2747
Country: US
County Code: Maricopa
Subdivision: Walker Subdivision
Assessor Number: 112-03-038
Tax Year: 2024
General Property Description
Lot Size Dimensions: 6000
Year Built: 1948
Total # of Units: 3
# of Buildings: 1
Zoning: M-H
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Capitol Elementary School
Jr. High School: Capitol Elementary School
High School: Metro Tech High School
Remarks Misc
Cross Street: Van Buren St & 7th Ave
Directions: West on Van Buren, left on 10th Ave, quick right on Woodland Ave, left on 11th Ave, property is on the right.
Geo Lat: 33.450512
Geo Lon: -112.087361
Status Change Info
Status Change Date: 2025-05-05
Off Market Date: 2025-05-05
Under Contract Date: 2025-05-05
Legal Info
Township: 1N
Range: 3E
Section: 7
Lot Number: 17
Income Expenses
Gross Annual Sch Inc: 42816
Net Operating Income: 30338
Showing Notification Methods
Showing Service: No Showing Service Used
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 959
Avg SqFt: 350
# Baths: 1
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1650
Avg SqFt: 1040
# Baths: 2
Property Features
Project Type: Tri-Plex
Construction: Block; Wood Frame
Const - Finish: Painted; Stucco
Roofing: Composition
Floors: Wood; Ceramic Tile; Carpet
Sale Includes: Land & Building
Community Features: No Pool
Exterior Amenities: Desert Landscaping
Interior Amenities: Unfurnished
Appliances Included: Built-In Range; Dishwasher; Microwave; W/D Hookup
Heating: Natural Gas
Cooling: Electric; Central Air
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: SW Gas
Parking Features: On Street
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Gas; Cable TV
Source of Fincl Data: Owner
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Existing 1st Loan: Conventional
Existing 1st Ln Type: Fixed
New Financing: Cash; VA; FHA; Conventional
Environmental: None
Listing Office: Compass
Last Updated: May - 06 - 2025
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