1911 E WARNER Street, Phoenix, AZ 85040 (MLS# 7055488)

1911 E WARNER Street, Phoenix, AZ 85040

$482,600

Property Type: Multiple Dwellings Bedrooms: 6 Baths: 4 Status: Closed

Current Price: $482,600 Last Modified: 10/01/2026

Overview

Description

LIVE FOR LESS THAN HALF PRICE! Why rent when your tenant can help pay for your home? This outstanding 2022-built duplex offers the opportunity to live in one unit while approximately $1,900/month rent from the other can offset more than half your housing payment. Well-maintained and in excellent condition, each unit features wood-look tile, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes. Reliable tenants pay their own electric. Ample on-site parking. Also an excellent investor opportunity with approximately $34,000 annual income and an attractive 7% CAP rate. FHA, VA, conventional, cash, or 1031 buyers welcome.

Listing Details MLS# 7055488

Location, Tax & Legal

House Number: 1911
Compass: E
Street Name: WARNER
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85040
Country: US
County Code: Maricopa
Subdivision: PROGRESS PLACE
Assessor Number: 122-32-053
Tax Year: 2025
Assessor's Map #: 32
Assessor's Parcel #: 53
Add'l Parcels: No
Tax Municipality: Phoenix
Taxes: 5012
Legal: LOT 53 PROGRESS PLACE
Marketing Name: Warner Duplex

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 8014 SF
Year Built: 2022
Total # of Units: 2
# of Buildings: Yes
Zoning: R3
Elementary School District: Roosevelt Elementary District
High School District: Phoenix Union High School District
Elementary School: Percy L Julian School
Jr. High School: Percy L Julian School
High School: South Mountain High School
Uncvrd Parking Spcs: 0

Remarks Misc

Cross Street: BROADWAY AT 24 ST

Status Change Info

Off Market Date: 2026-10-01
Under Contract Date: 2026-08-27
Close of Escrow Date: 2026-09-30

Legal Info

Lot Number: 53

More Information

3 Bedrooms Units

# 3 Bedroom Units: 2
Avg Rent: 1900
Avg SqFt: 1302
# Baths: 2

Structure

Bedrooms Total: 6
Bathrooms Total: 4

Income Expenses

Gross Annual Sch Inc: 45600
Net Operating Income: 32628

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Sold Info

Loan Type: FHA
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Duplex: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Tile: Yes
Carpet: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Annual Elec Exp: 0
Annual Gas Exp: 0
Annual Ins Exp: 1152
Annual Maint Exp: 0
Annual Mgmt Exp: 2280
Annual Wtr/Swr Exp: 2066
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual Other Expense: 5012
Operating Exp: 15522
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 45600
Total Monthly Rental Income: 3800

Pmt & Rate Info

Cap Rate: 6.76
Equity: 482600
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes
Heat Pump: Yes
Individual: Yes

Exterior Amenities

Cable TV Available: Yes
Patio/Balcony: Yes

Interior Features

Mini Blinds: Yes
Drapes: Yes
Breakfast Bar: Yes

Tenant Pays

Electricity: Yes
Landscaping: Yes

Appliances Included

Built-In Electric Oven: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Built-In Range: Yes
W/D Hookup: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

Carport: Yes
>1 Space Per Unit: Yes
Add'l Parking Avail: Yes
Attached Carport: Yes

Electric

SRP: Yes
Individual Meter: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Stucco Roofing: Composition Floors: Tile; Carpet Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Cable TV Available; Patio/Balcony Interior Features: Mini Blinds; Drapes; Breakfast Bar Appliances Included: Built-In Electric Oven; Built-In Range; Refrigerator; Dishwasher; Disposal; Microwave; W/D Hookup Cooling: Ceiling Fan(s); Heat Pump; Individual; Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: SRP; Individual Meter Gas: None Parking Features: Carport; >1 Space Per Unit; Add'l Parking Avail; Attached Carport Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection Tenant Pays: Electricity; Landscaping Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional; 1031 Exchange Environmental: None

Documents

Unbranded Floorplan ›

Listing Office: RE/MAX Excalibur

Office Phone: 480-355-3500

Office Email: Sindy@AzGreatHomes.com

Last Updated: October - 01 - 2026