5206 S 11TH Avenue

Phoenix, AZ 85041

Phoenix, AZ 85041

5206 S 11TH Avenue

$481,000

MLS#: 7025341

Status: Active

Listing provided by: Fathom Realty

Listing agent phone: None

Last update: a day ago

On site: 3 months ago

HIGHLAND PARK SUB PLAT 5 - Residential Income

About

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. 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.

Property

Beds

4

Full Baths

None

1/2 Baths

None

Year Built

1957

Sq.Footage

N/A

Features

Features & Amenities

Interior

  • Total Bedrooms

    4

  • Bathrooms

    N/A

  • Cooling YN

    YES

  • Cooling

    Central Air, Electric

  • Heating YN

    YES

  • Heating

    Electric

  • Pet friendly

    N/A

Exterior

  • Garage

    No

  • Construction Materials

    Stucco

  • Parking

    Off Street, RV Access/Parking, Assigned

  • Pool

    No

Area & Lot

  • Property Type

    Residential Income

  • Property Sub Type

    Multi Family

Price

  • Sales Price

    $481,000

  • Tax Amount

    $892

  • Financing Options

    Conventional, FHA

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    Roosevelt Elementary District

  • Middle School

    N/A

  • High School

    Phoenix Union High School District

Property Features

  • Ownership

    Fee Simple

  • Sewer

    Public Sewer

  • Tax Lot

    83

Schedule

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Location

  • County

    Maricopa

  • Elementary School

    Roosevelt Elementary District

  • Middle School

  • High School

    Phoenix Union High School District

Listing Courtesy of Ari Verma , Fathom Realty

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Tammy Isabell

Agent / RealtorĀ®

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5206 S 11TH Avenue

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