9644 N 11TH Avenue, Phoenix, AZ 85021
$2,500,000
Property Type:
Multiple Dwellings
Status:
Closed
Current Price:
$2,500,000
Last Modified:
5/12/2025
Description
INVESTMENT OPPORTUNITY - 16 UNITS PHOENIX, AZ: Introducing 9644 N 11th Ave, a multifamily property in Phoenix, AZ. This property is zoned R-4 and includes 16 units, all vacant, and priced at $2,680,000. Property consists of five structures with a total of 9,668 square feet, sitting on a 21,148 square foot lot and is comprised of (3) 4plexes, (1) 3plex, and (1) detached single-family house. The unit mix consists of (10) 1 Bedroom 1 Baths and (6) 2 Bedroom 1 Baths. All 6 of the 2 Bedroom Units have in unit washer dryers and 3 of the 1 Bedroom Units have in unit washer dryers. The remaining 7 (1) bedroom units have access to the onsite community laundry room. The combined square footage of all structures is 10,480 SF, with an average unit size of 655 SF. APNs: 158-33-108, -109, -118, -119.
More Information MLS# 6624323
Contract Info
Current Price: $2,500,000
Sold Price: $2,500,000
Status: Closed
List Date: 2023-10-27
Ownership: Fee Simple
Location Tax Legal
House Number: 9644
Compass: N
Street Name: 11TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85021
Zip4: 3032
Country: US
County Code: Maricopa
Subdivision: FOOTHILL LOTS
Assessor Number: 158-33-108
Tax Year: 2023
General Property Description
Lot Size Dimensions: 38.10, 112.84, 48.14, 102.90, 14.11
Year Built: 1964
Uncvrd Parking Spcs: 20
Total # of Units: 16
# of Buildings: 5
Zoning: R-4
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District
Remarks Misc
Cross Street: 15th Ave & Vogel Ave
Geo Lat: 33.574785
Geo Lon: -112.087178
Status Change Info
Status Change Date: 2023-12-20
Off Market Date: 2023-12-15
Under Contract Date: 2023-11-10
Close of Escrow Date: 2023-12-19
Sold Price: $2,500,000
Legal Info
Township: 3N
Range: 3E
Section: 30
Lot Number: 1
Income Expenses
Gross Annual Sch Inc: 271200
Net Operating Income: 195966
Showing Notification Methods
Showing Service: Aligned Showings
1 Bedroom Units
# 1 Bedroom Units: 10
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 6
# Baths: 1
Sold Info
Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession to Seller: 2.5
Buyer Concession $/%: %
Seller Concession to Buyer: 20000
Seller Concession $/%: $
Property Features
Project Type: 13 - 24 Units
Construction: Other
Const - Finish: Painted
Roofing: Composition
Floors: Vinyl
Sale Includes: Land & Building
Community Features: No Pool
Appliances Included: Other
Heating: Heat Pump
Cooling: See Remarks
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: Other (See Remarks)
Parking Features: 1 Space/Unit; Other
Owner Pays: See Remarks
Tenant Pays: Other (See Remarks)
Source of Fincl Data: Other (See Remarks)
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: See Private Remarks
New Financing: Other (See Remarks)
Environmental: Other (See Remarks)
Listing Office: Keller Williams Realty Phoenix
Last Updated: May - 12 - 2025
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