11231 N 18TH Drive, Phoenix, AZ 85029

$529,000
Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Pending
Current Price: $529,000 Last Modified: 10/16/2026

Overview

Description

MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.

Listing Details MLS# 7026645

Location, Tax & Legal

House Number
11231
Compass
N
Street Name
18TH
St Suffix
Drive
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85029
Zip4
3715
Country
US
County Code
Maricopa
Assessor Number
159-12-037-F
Tax Year
2025

Contract Info

Ownership
Fee Simple

General Property Description

Lot Size Dimensions
12850 sf
Year Built
1973
Uncvrd Parking Spcs
8
Total # of Units
4
# of Buildings
Yes
Zoning
R-3
Flood Zone
No
High School District
Glendale Union High School District

Remarks Misc

Cross Street
Peoria & 19th Ave
Directions
North on 19th Ave to Shangri La, east to 18th Drive then north to property.

Status Change Info

Off Market Date
2026-10-16
Under Contract Date
2026-09-19

Legal Info

Township
3N
Range
3E
Section
19
Lot Number
-

More Information

1 Bedroom Units

# 1 Bedroom Units
2
Avg Rent
825
Avg SqFt
640
# Baths
Yes

2 Bedroom Units

# 2 Bedroom Units
2
Avg Rent
900
Avg SqFt
840
# Baths
Yes

Structure

Bedrooms Total
6
Bathrooms Total
4

Income Expenses

Gross Annual Sch Inc
41400
Net Operating Income
28281

Showing Notification Methods

Showing Service
Aligned Showings

Property Features

Project Type: Four Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: Other Exterior Amenities: Patio/Balcony Appliances Included: Free-Standing Range; Refrigerator Heating: Natural Gas Cooling: Electric Water Source: City Franchise; Master Meter Sewer: Sewer - Public Electric: APS; Individual Meter Gas: SW Gas Parking Features: Off Street Road Access Type: City Street Road Surface Type: Asphalt Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Gas Source of Fincl Data: Owner Special: Owner/Agent Lockbox Type: None New Financing: Cash; Conventional; No Carry Environmental: None
IDX
Listing Office: Wealth Builder Real Estate Services
Office Phone: 480-807-3493
Office Email: kevinkludy@qwest.net
Last Updated: October - 16 - 2026
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