4132 N 11TH Street, Phoenix, AZ 85014 (MLS# 7079145)

4132 N 11TH Street, Phoenix, AZ 85014

New Listing

$765,000

Property Type: Multiple Dwellings Bedrooms: 7 Baths: 9 Status: Active

Current Price: $765,000 List Date: 9/12/2026 Last Modified: 9/12/2026

Overview

Description

Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units.

Supplements: Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal main ... (Read more)

Listing Details MLS# 7079145

Location, Tax & Legal

House Number: 4132
Compass: N
Street Name: 11TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85014
Zip4: 4816
Country: US
County Code: Maricopa
Subdivision: WENKER TRACT
Assessor Number: 155-16-036-E
Tax Year: 2025
Assessor's Map #: 16
Legal Description (Abbrev): PRT OF SE4 SE4 SEC 21 DAF BEG AT PT DIST N 430F FM PT IN S LN OF SD SW4 DIST W 694.78F FM SE COR OF
Assessor's Parcel #: 36
Assessor Parcel Ltr: E
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 108601
Taxes: 833
Legal: PRT OF SE4 SE4 SEC 21 DAF BEG AT PT DIST N 430F FM PT IN S LN OF SD SW4 DIST W 694.78F FM SE COR OF
Marketing Name: STOCKS CONSTRUCTION

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 70' x 99.75'
Year Built: 2025
Uncvrd Parking Spcs: 2
Total # of Units: 2
# of Buildings: Yes
Zoning: R4
Flood Zone: No
Elementary School District: Osborn Elementary District
High School District: Phoenix Union High School District
Elementary School: Longview Elementary School
Jr. High School: Longview Elementary School
High School: North High School

Remarks Misc

Cross Street: Indian School Rd & 11th Street
Directions: West on Indian School Rd, turn right on 11th St. House will be on left prior to Devonshire Ave.

Legal Info

Township: 2N
Range: 3E
Section: 21
Lot Number: 36E

Efficiency Units

# Efficiency Units: 2
Avg Rent: 2550
Avg SqFt: 973
# Baths: 3

More Information

2 Bedroom Units

# 2 Bedroom Units: Yes
Avg Rent: 2300
Avg SqFt: 845
# Baths: Yes

3 Bedrooms Units

# 3 Bedroom Units: Yes
Avg Rent: 2820
Avg SqFt: 1102
# Baths: 2

Structure

Bedrooms Total: 7
Bathrooms Total: 9

Income Expenses

Gross Annual Sch Inc: 61200
Net Operating Income: 57700

Showing Notification Methods

Showing Service: No Showing Service Used

Project Type

Duplex: Yes

1 Bedroom Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Construction

Wood Frame: Yes

Const - Finish

Wood Siding: Yes
Painted: Yes

Construction Status

New Construction: Yes

Roofing

Composition: Yes

Floors

Concrete: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 833
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 61200

Pmt & Rate Info

Cap Rate: 7.54
Equity: 765000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Central Air: Yes

Tenant Pays

Electricity: Yes
Landscaping: Yes

Appliances Included

Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Free-Standing Range: Yes
Washer/Dryer: 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

Other: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Water: Yes
Sewer: Yes
Trash Collection: Yes
Other: Yes

New Financing

Cash: Yes
Conventional: Yes
Owner May Carry: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Wood Siding; Painted Construction Status: New Construction Roofing: Composition Floors: Concrete Sale Includes: Land & Building Community Features: No Pool Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Cooling: Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: Other Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Water; Trash Collection; Other Tenant Pays: Electricity; Landscaping Source of Fincl Data: Owner Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Terms: Not Applicable Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable New Financing: Cash; Conventional; Owner May Carry Environmental: None

Listing Office: APB Valley Spaces

Last Updated: September - 12 - 2026