4132 N 11TH Street Phoenix, AZ $ 765,000
4132 N 11TH Street
$ 765,000
New Construction
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4132 N 11TH Street

Phoenix, AZ, 85014
$ 765,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 4,830

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Multi-Family Home for sale in Phoenix, AZ

for $765,000 with 5 bedrooms. This home was built in 2025.

Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.

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Multi-Family Active

Price

$ 765,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 833

Style

Multiple Dwellings

Year Built

2025

Town/City

Phoenix

County/Region

Maricopa

MLS | Web ID

7079145

Features
General
Sewer Public Sewer
Heating Electric
Cooling Central Air
Roof Composition
Zoning R4
Construction Materials Wood Siding Wood Frame Painted
Year Built 2025
Electric APS
Township 2N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 61200.0
Community Features No Pool
County Maricopa
Net Operating Income 57700.0
Operating Expense 833.0
New Construction Y
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name WENKER TRACT
Garage Y/N N
Status Active
Directions West on Indian School Rd turn right on 11th St. House will be on left prior to Devonshire Ave.
High School North High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 2.0
Number Of Units Total 2
Carport Y/N N
Elementary School Longview Elementary School
Tax Annual Amount 833.0
Middle/Junior High School Longview Elementary School
Property Condition New Construction
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 Osborn Elementary District
Tax Lot 36E
Cap Rate 7.54
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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Interior
Flooring Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 5
Total Baths 3
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Exterior
Parking Features Other
Water Source City Franchise
Total Parking 2.0
Number of Buildings 1
Spa N
Lot Dimensions 70' x 99.75'
Road Surface Type Asphalt
Covered Spaces 0.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 4132
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* Excluded Features
List By
Apb Valley Spaces

Broker

augustinebartning@gmail.com

Email

Affordability Calculator

$4,900
Per Month
99%
1%
0%
Monthly Principal & Interest
$4,830
Monthly Property Taxes
$69
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
4328222 Elementary School
4328222 Middle School
North High School High School
Pricing History
DatePricePrice ChangeDescription
9/12/2026$765,000 Listed Price

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4132 N 11TH Street, Phoenix, AZ, 85014 is a Multi-Family Home for sale at $765,000. 4132 N 11TH Street has 5 bedrooms, 0.0 baths, and was built in 2025. The property's zip code is 85014 which is in Phoenix, AZ