502 N 11TH Street Phoenix, AZ $ 674,500
502 N 11TH Street
$ 674,500
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502 N 11TH Street

Phoenix, AZ, 85006
$ 674,500
Baths0.0

Monthly Estimate*

$ 4,208

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $674,500. This home was built in 1960.

***GARFIELD DISTRICT*** is culturally rich area with historical significance mixed with contemporary community life and is PERFECTLY located IN-THE-HEART-OF-DOWNTOWN-PHOENIX's urban landscape~SUPERB opportunity to own this VALUE-ADD 4 Plex~2 units are 1 bd/1 bath and 2 units are studio flats ALL units have GAS ranges, FULL size STACKABLE washer & dryers~Units are submetered for Electric and Gas~Each unit has Central air-conditioning systems~Duplex's in the area are selling upwards of $900K and vacant lots are listed over $1 million~This HISTORIC property is A DIAMOND IN THE ROUGH!!!

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Multi-Family Active

Price

$ 674,500

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 1,288

Style

Multiple Dwellings

Year Built

1960

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6938774

Features
General
Sewer Public Sewer
Heating Heat Pump Electric
Cooling Central Air Ceiling Fan(s) Individual
Roof Composition
Zoning Multi-Family
Construction Materials Painted Block
Year Built 1960
Electric APS Individual Meter
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 50700.0
Community Features No Pool
County Maricopa
Net Operating Income 42045.0
Operating Expense 12223.0
Insurance Expense 1800.0
Property Type Multiple Dwellings
Attached Garage N
MaintenanceExpense 1335.0
Subdivision Name MT PLEASANT TRACT BLOCKS 2-5
Garage Y/N N
Status Active
Directions Roosevelt to 11th ST South to Taylor Property is located on the corner of Taylor and 11th ST
High School North High School
City Phoenix
Disclosures None
High School District Phoenix Union High School District
Open Parking Spaces 4.0
Number Of Units Total 4
Lot Size Square Feet 0.0
Carport Y/N N
Elementary School Garfield School
Tax Annual Amount 1288.0
Electric Expense 270.0
Fuel Expense 0.0
Middle/Junior High School Garfield School
Trash Expense 1740.0
Water Sewer Expense 1200.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Occupancy Type Tenant
Elementary School District Phoenix Elementary District
Tax Lot 7
Cap Rate 6.1
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Exterior
Parking Features Paved On Street
Water Source Master Meter
Total Parking 4.0
Lot Size Area 0.0
Number of Buildings 1
Spa N
Lot Dimensions 99.83 x 70.26 x 99.77 x 70.26
Lot Size Acres 0.0
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Interior
Air Conditioning Y/N Y
Heating Y/N Y
Total Baths 0
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Internal Only
Street Number 1 502
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* Excluded Features
List By
Cts Realty

Broker

sherry@ctsrealty.com

Email

Affordability Calculator

$4,315
Per Month
98%
2%
0%
Monthly Principal & Interest
$4,208
Monthly Property Taxes
$107
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
4327267 Elementary School
4327047 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
11/21/2025$674,500 -2.10% Price Down
10/26/2025$689,000 Listed Price

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502 N 11TH Street, Phoenix, AZ, 85006 is a Multi-Family Home for sale at $674,500. 502 N 11TH Street is a studio with 0.0 baths and was built in 1960. The property's zip code is 85006 which is in Phoenix, AZ