8916 N 11 Street Phoenix, AZ $ 545,000
8916 N 11 Street
$ 545,000
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8916 N 11 Street

Phoenix, AZ, 85020
$ 545,000
Baths0.0

Monthly Estimate*

$ 3,400

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View a Virtual Tour
Studio

Multi-Family Home for sale in Phoenix, AZ

for $545,000. This home was built in 1964.

Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby. see suppliment remarks **Property Details:** - 2 Units individually metered for Electric - Condition: Excellent - Lot Approval: Ready to Build a Fourplex-all reports and plans included - Nearby Amenities: Beautiful Park Across the Street **Duplex Features:** - Impeccably maintained - Spacious living areas - Private outdoor spaces - Ideal for both owner-occupants and investors **Fourplex Potential:** - Approved lot for a fourplex - Capitalize on the strong demand for multi-family units - Increase your rental income and investment portfolio **Neighborhood Highlights:** - Proximity to top employers in the area - Convenient access to major highways - Excellent schools nearby - Thriving local businesses and restaurants - Beautiful park right across the street, perfect for outdoor activities

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Multi-Family Active

Price

$ 545,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 2,014

Style

Multiple Dwellings

Year Built

1964

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6658575

Features
General
Sewer Sewer-In & Connected Public Sewer
Heating Individual Heat Pump
Cooling Ceiling Fan(s) Heat Pump Individual
Roof Composition
Zoning R-4
Construction Materials Painted Block
Year Built 1964
Electric APS Individual Meter
Tax Year 2024
Ownership Fee Simple Fee Simple
Gross Income 34803.6
Community Features No Pool
County Maricopa
Net Operating Income 28382.0
Operating Expense 6424.0
Insurance Expense 750.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 500.0
Garage Y/N N
Status Active
Directions 12th Street and Northern North on 12th Street to west on Townley. North on 11 St and property is on the west side of the street
City Phoenix
Disclosures Other (See Remarks) Seller Prop Disc Stm APOD/Backup Avaible Sch of Personal Prop
High School District Glendale Union High School District
Open Parking Spaces 8.0
Number Of Units Total 2
Lot Size Square Feet 0.0
Carport Y/N N
Tax Annual Amount 2014.0
Water Sewer Expense 1000.0
Lease Renewal Y/N N
Additional Parcels Y/N Y
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://tours.arizonarealtours.com/2361288?idx=1
Standard Status Active
Tax Lot 0
Cap Rate 5.21
New Financing: Conventional True
Senior Community N
New Financing: FHA True
New Financing: VA True
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Interior
Flooring Carpet Ceramic Tile
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Exterior
Parking Features RV Access/Parking Free >1 Space Per Unit
Water Source Master Meter City Franchise
Total Parking 8.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions irregular
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 8916
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* Excluded Features
List By
Gerchick Real Estate

Broker

Linda@justsoldit.com

Email

Affordability Calculator

$3,568
Per Month
95%
5%
0%
Monthly Principal & Interest
$3,400
Monthly Property Taxes
$168
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4327134 Elementary School
4327258 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/21/2025$545,000 -8.40% Price Down
12/9/2024$595,000 -4.80% Price Down
7/31/2024$625,000 -5.16% Price Down
4/23/2024$659,000 -0.15% Price Down
2/2/2024$660,000 Listed Price

Map


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8916 N 11 Street, Phoenix, AZ, 85020 is a Multi-Family Home for sale at $545,000. 8916 N 11 Street is a studio with 0.0 baths and was built in 1964. The property's zip code is 85020 which is in Phoenix, AZ