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9047 N 11TH Street, Phoenix, AZ 85020
$600,000







Property Type:
Multiple Dwellings
Status:
Active
Current Price:
$600,000
Last Modified:
9/16/2025
Description
ATTENTION: THIS IS A 4 UNIT PROPERTY AND YOU MUST BUY THE DUPLEX NEXT DOOR. fully occupied 6-unit apartment building, offering consistent cash flow with significant income growth and value-add potential. This property represents a rare opportunity to acquire a stable, income-producing asset with strong long-term appreciation prospects. Buyers may purchase both properties using two separate Residential Loans, a single Commercial Loan, or potentially qualify through a DCR loan, providing flexible financing options to maximize investment potential.
More Information MLS# 6919996
Contract Info
Current Price: $600,000
List Price: $600,000
Status: Active
List Date: 2025-09-15
Ownership: Fee Simple
Location Tax Legal
House Number: 9047
Compass: N
Street Name: 11TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2627
County Code: Maricopa
Subdivision: WALTMORE
Assessor Number: 159-35-111
Tax Year: 2024
General Property Description
Lot Size Dimensions: irr
Year Built: 1958
Uncvrd Parking Spcs: 6
Total # of Units: 4
# of Buildings: 1
Zoning: R-4
Flood Zone: Yes
Elementary School District: Glendale Elementary District
High School District: Glendale Union High School District
Remarks Misc
Cross Street: 11 St and Hatcher
Directions: North on 11 St and property is on the right side of the street
Geo Lat: 33.569279
Geo Lon: -112.059282
Income Expenses
Gross Annual Sch Inc: 80856
Net Operating Income: 69588.16
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 2
Avg Rent: 1445
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 2
Avg Rent: 1924
# Baths: 1
Property Features
Project Type: Four Plex
Construction: Block
Const - Finish: Painted; Stucco
Roofing: Foam
Floors: Ceramic Tile
Sale Includes: Land & Building; Personal Property
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator
Heating: Individual; Heat Pump; See Remarks
Cooling: Ceiling Fan(s); Individual; See Remarks
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: APS; Individual Meter
Gas: None
Parking Features: On Street; >1 Space Per Unit
Owner Pays: Water; Trash Collection
Tenant Pays: Cable TV; Other (See Remarks)
Source of Fincl Data: Owner
Lockbox Type: See Private Remarks; None
New Financing: Cash; Conventional; No Carry
Environmental: None
Listing Office: Pak Home Realty
Last Updated: September - 16 - 2025

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