9847 N 11TH Avenue, Phoenix, AZ 85021

$552,500
Property Type: Multiple Dwellings Status: Closed
Current Price: $552,500 Last Modified: 6/07/2025

Description

Great fourplex at a 6.5% cap rate with a lot of potential in the revitalizing Sunnyslope neighborhood! The Unit mix consists of all two bedrooms and one bathroom, approximately 715 square feet each. Unit 1 and 4 are paying $1,195 per month until September 2023. Notices went out for Unit 2 and 3 who are paying $880 MTM. They can renew at $1195 or go at the new month to month rate of $1295 effective 12/1/22. Adjacent fourplexes are also for sale at 9831-9837 N 11th Avenue to combine for 12 units.

More Information MLS# 6457585

Contract Info

Current Price: $552,500 Sold Price: $552,500 Status: Closed List Date: 2022-08-31 Ownership: Fee Simple

Location Tax Legal

Map Code/Grid: M34 House Number: 9847 Compass: N Street Name: 11TH St Suffix: Avenue City/Town Code: Phoenix State/Province: AZ Zip Code: 85021 Zip4: 2222 Country: US County Code: Maricopa Subdivision: IRONWOOD PLACE Assessor Number: 158-29-061-A Tax Year: 2021

General Property Description

Lot Size Dimensions: 11,429 Year Built: 1972 Total # of Units: 4 # of Buildings: 1 Zoning: R-3 Elementary School District: Washington Elementary District High School District: Glendale Union High School District High School: Sunnyslope High School

Remarks Misc

Cross Street: 11th Avenue and Cinnabar Avenue Geo Lat: 33.576552 Geo Lon: -112.086567

Status Change Info

Status Change Date: 2022-12-17 Off Market Date: 2022-11-16 Under Contract Date: 2022-11-14 Close of Escrow Date: 2022-12-19 Sold Price: $552,500

Legal Info

Township: 3N Range: 3E Section: 30 Lot Number: 24

2 Bedroom Units

# 2 Bedroom Units: 4 # Baths: 1

Sold Info

Loan Type: Other Payment Type: Other Closing Cost Split: Normal - N Buyer Concession $/%: $ Seller Concession $/%: $

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted Roofing: Other Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Other Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Other Owner Pays: Other; See Remarks Tenant Pays: Other (See Remarks) Source of Fincl Data: Other (See Remarks) Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None New Financing: Other (See Remarks) Environmental: Other (See Remarks)
Listing Office: R.O.I. Properties
Last Updated: June - 07 - 2025
9847 N 11TH Avenue, Phoenix, AZ 85021- MLS# 6457585
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