9027 N 11TH Street, Phoenix, AZ 85020 (MLS# 6996997)

9027 N 11TH Street, Phoenix, AZ 85020

$599,900

Property Type: Multiple Dwellings Status: Active

Current Price: $599,900 Last Modified: 3/12/2026

Overview

Description

Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.

Listing Details MLS# 6996997

Location, Tax & Legal

House Number: 9027
Compass: N
Street Name: 11TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
Zip4: 2627
Country: US
County Code: Maricopa
Subdivision: WALTMORE
Assessor Number: 159-35-113-A
Tax Year: 2025
Assessor's Map #: 35
Legal Description (Abbrev): WALTMORE PT LOT 31 & 32 DAF BEG AT PT 46F N OF SW COR LOT 32 TH E 70F TH N 80F TH W 70F TH S 80F TPO
Assessor's Parcel #: 113
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 104702
Taxes: 2095
Legal: WALTMORE PT LOT 31 & 32 DAF BEG AT PT 46F N OF SW COR LOT 32 TH E 70F TH N 80F TH W 70F TH S 80F TPO
Marketing Name: 11th St Triplex

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: Ukn
Year Built: 1973
Uncvrd Parking Spcs: 24
Total # of Units: 3
# of Buildings: Yes
Zoning: R-4
High School District: Glendale Union High School District

Legal Info

Township: 3N
Range: 3E
Section: 28
Lot Number: 31

Income Expenses

Gross Annual Sch Inc: 54000
Net Operating Income: 54000

More Information

Showing Notification Methods

Showing Service: Aligned Showings

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 1500
Avg SqFt: 900
# Baths: Yes

Project Type

Tri-Plex: Yes

Construction

Block: Yes

Const - Finish

Stucco: Yes

Roofing

Composition: Yes

Floors

Laminate: Yes
Tile: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2095
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 51300

Pmt & Rate Info

Cap Rate: 9
Equity: 599900
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Electric: Yes

Cooling

Electric: Yes

Tenant Pays

Water: Yes
Electricity: Yes

Appliances Included

Refrigerator: Yes
Washer/Dryer: Yes

Road Surface Type

Asphalt: Yes
Concrete: Yes

Source of Fincl Data

Owner: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

<1 Space Per Unit: Yes
Paved: Yes

Electric

SRP: Yes

Gas

None: Yes

Owner Pays

Sewer: Yes
Trash Collection: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Reports/Disclosures

None: Yes

Environmental

None: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: <1 Space Per Unit; Paved Road Surface Type: Asphalt; Concrete Owner Pays: Trash Collection Tenant Pays: Water; Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: HomeSmart

Last Updated: March - 12 - 2026