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5206 S 11TH Avenue, Phoenix, AZ 85041
Overview
Description
Supplements: ... (Read more) Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current lease expire 12/31/2026 for one unit and other unit is vacant, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.
Listing Details MLS# 7025341
Location, Tax & Legal
- House Number
- 5206
- Compass
- S
- Street Name
- 11TH
- St Suffix
- Avenue
- City/Town Code
- Phoenix
- State/Province
- AZ
- Zip Code
- 85041
- Zip4
- 3904
- Country
- US
- County Code
- Maricopa
- Subdivision
- HIGHLAND PARK SUB PLAT 5
- Assessor Number
- 105-79-157
- Tax Year
- 2025
- Assessor's Map #
- 79
- Legal Description (Abbrev)
- LOT 83 HIGHLAND PARK SUB PLAT 5 MCR 005448
- Assessor's Parcel #
- 157
- Add'l Parcels
- No
- Tax Municipality
- Phoenix
- Census Tract
- 115700
- Taxes
- 892
- Legal
- LOT 83 HIGHLAND PARK SUB PLAT 5 MCR 005448
- Marketing Name
- Duplex
Contract Info
- Ownership
- Fee Simple
General Property Description
- Lot Size Dimensions
- 68x123
- Year Built
- 1957
- Uncvrd Parking Spcs
- 6
- Total # of Units
- 2
- # of Buildings
- Yes
- Zoning
- Residential
- Flood Zone
- No
- Elementary School District
- Roosevelt Elementary District
- High School District
- Phoenix Union High School District
Legal Info
- Township
- 1N
- Range
- 3E
- Section
- 30
- Lot Number
- 83
2 Bedroom Units
- # 2 Bedroom Units
- 2
- Avg Rent
- 1760
- Avg SqFt
- 885
- # Baths
- Yes
More Information
Structure
- Bedrooms Total
- 4
- Bathrooms Total
- 2
Income Expenses
- Gross Annual Sch Inc
- 42240
Showing Notification Methods
- Showing Service
- No Showing Service Used
Project Type
- Duplex
- Yes
Efficiency Units
- Avg Rent
- 0
1 Bedroom Units
- Avg Rent
- 0
3 Bedrooms Units
- Avg Rent
- 0
4 Bedrooms Units
- Avg Rent
- 0
Construction
- Wood Frame
- Yes
Const - Finish
- Stucco
- Yes
Roofing
- Composition
- Yes
Floors
- Vinyl
- Yes
- Ceramic Tile
- Yes
Sale Includes
- Land & Building
- Yes
Income & Expenses
- Owner Association
- No
- Annual Ownr Asoc Fee
- 0
- Operating Exp
- 892
- Other Income
- 0
- Vacancy Allowance
- 0
- Adjusted Gross Inc
- 42240
Pmt & Rate Info
- Equity
- 481000
- Down Payment %
- 0
- Monthly Payments
- 0
- Total Owed
- 0
Lockbox Type
- None
- Yes
Community Features
- No Pool
- Yes
Heating
- Electric
- Yes
Cooling
- Electric
- Yes
Exterior Amenities
- Desert Landscaping
- Yes
- Fenced
- Yes
- RV/Boat Parking
- Yes
- Patio/Balcony
- Yes
Interior Features
- Fire/Smoke Alarm(s)
- Yes
- Mini Blinds
- Yes
- Breakfast Bar
- Yes
Tenant Pays
- Water
- Yes
- Sewer
- Yes
- Electricity
- Yes
- Trash Collection
- 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
- Accountant
- Yes
Road Responsibility
- City Maintained Road
- Yes
Water Source
- Individual Meter
- Yes
Sewer
- Sewer - Public
- Yes
Parking Features
- >1 Space Per Unit
- Yes
- Add'l Parking Avail
- Yes
- Assigned
- Yes
- RV Access/Parking
- Yes
- Off Street
- Yes
Electric
- SRP
- Yes
- Individual Meter
- Yes
Gas
- None
- Yes
Owner Pays
- None
- Yes
New Financing
- Cash
- Yes
- Conventional
- Yes
- FHA
- Yes
- 1031 Exchange
- Yes
Special
- Owner/Agent
- Yes
Reports/Disclosures
- None
- Yes
Environmental
- None
- Yes
Property Features