11830 N 28th Drive Phoenix, AZ ^$ 6,900,000

11830 N 28th Drive

^$ 6,900,000

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11830 N 28th Drive

Phoenix, AZ, 85029

^$ 6,900,000

Studio Baths0.0

Monthly Estimate*

^$ 42,484

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Studio

Multi-Family Home for sale in Phoenix, AZ

for $6,900,000. This home was built in 2024.

UNDER CONSTRUCTION - PROJECTED COMPLETION JANUARY 2026 Gated Townhome Complex, 12 4bd/3bth trilevel, 2215sf units. There are two buildings, each end unit benefits from additional windows and a larger balcony! Each unit is completed with the same modern and low maintenance finishes - 10' ceilings on main floor, white cabinetry, quartz countertops, 2 car tandem garage for each unit, in unit washer/dryer, stainless steel appliances! There will be a community pool in the sw corner of complex and each unit will have their own backyard with green space! There will be 13 additional parking spaces (outside of the garage space with 1 of them ada). 26,400 rentable area of property on nearly an acre!

Multi-Family Active

Price

^$ 6,900,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 15,897

Style

Multiple Dwellings

Year Built

2024

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

6970824

Features

General

Sewer Public Sewer

Heating Electric Ceiling

Cooling Ceiling Fan(s) Electric

Roof Foam

Zoning c1

Construction Materials Brick Veneer Wood Frame Painted Stucco

Year Built 2024

Electric APS Master Meter Individual Meter

Tax Year 2024

Ownership Fee Simple Fee Simple

Gross Income 465120.0

Community Features Pool

County Maricopa

Net Operating Income 389515.0

Operating Expense 15897.0

New Construction N

Property Type Multiple Dwellings

Attached Garage N

Garage Y/N Y

Status Active

Directions South on 28th Drive property is on the right (west side of rd).

City Phoenix

Disclosures None

High School District Glendale Union High School District

Open Parking Spaces 13.0

Number Of Units Total 12

Carport Y/N N

Tax Annual Amount 15897.0

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 Vacant

Tax Lot 3

Cap Rate 5.65

New Financing: Conventional True

Senior Community N

New Financing: Cash True

Interior

Flooring Vinyl

Air Conditioning Y/N Y

Heating Y/N Y

Total Baths 0

Exterior

Parking Features Garage Door Opener

Water Source Master Meter City Franchise

Total Parking 37.0

Number of Buildings 2

Spa N

Lot Dimensions irregular

Covered Spaces 24.0

Crops Included Y/N N

Irrigation Water Rights Y/N N

Internal Only

Street Number 1 11830

* Excluded Features

List By

Prestige Realty

Broker

tcupes@yahoo.com

Affordability Calculator

$43,809

Per Month

Monthly Principal & Interest: $42,484
Monthly Property Taxes: $1,325
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% 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

Trends
Schools

Multi-family listings in Phoenix, AZ

Average List Price ^$1,318,524

Percent of Sale Price 81%

About Phoenix, AZ

1,596,463 Population

20% Since 2002

^$51,132 Median Income

34.66 Median Age

32% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4327134 Elementary School

4327258 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/19/2026	$6,900,000		Listed Price

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11830 N 28th Drive, Phoenix, AZ, 85029 is a Multi-Family Home for sale at $6,900,000. 11830 N 28th Drive is a studio with 0.0 baths and was built in 2024. The property's zip code is 85029 which is in Phoenix, AZ

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Arizona Regional Multiple Listing Service, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors are marked with the ARMLS logo and detailed information about them includes the name of the listing brokers.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 1/22/2026.

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11830 N 28th Drive

Multi-Family Home for sale in Phoenix, AZ

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