509 N 11TH Street
Phoenix, AZ, 85006
$
599,999
Bedrooms8
Baths0.0
Monthly Estimate*
$
4,144
for $599,999 with 8 bedrooms. This home was built in 1930.
TWO FULLY FURNISHED AIRBNB RENTALS | COMPLETELY RENOVATED HISTORIC DUPLEX | DOWNTOWN PHOENIX! Rare opportunity to own a beautifully renovated, turnkey multifamily investment property in the heart of Phoenix's desirable Garfield Historic District! Currently operating as TWO separate Airbnb rentals, this charming duplex is being sold FULLY FURNISHED, offering an incredible opportunity for investors looking to expand their short-term rental portfolio or buyers seeking a flexible income property. Each thoughtfully updated residence features 1 bedroom, 1 bathroom, a versatile den, private entrance, and stylish modern finishes that perfectly blend historic neighborhood charm with contemporary comfort.
LOCATION IS EVERYTHING! Situated near the vibrant energy of Downtown Phoenix, with convenient access to Chase Field, Mortgage Matchup Center, Roosevelt Row Arts District, the popular First Fridays Art Walk, and an incredible selection of restaurants, coffee shops, breweries, nightlife, and entertainment. Sports fans, concertgoers, and visitors alike will appreciate the proximity to Phoenix's major attractions, while the surrounding Garfield neighborhood offers its own unique historic character.
Whether you're looking for an established Airbnb property, furnished short-term or mid-term rental opportunities, a long-term multifamily investment, or the chance to live in one residence while renting the other, the possibilities are exceptional! With BOTH units fully furnished, beautifully renovated, and already operating as vacation rentals, much of the initial setup has been completed. TWO SEPARATE RESIDENCES. ONE INCREDIBLE DOWNTOWN PHOENIX INVESTMENT OPPORTUNITY!
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Features
General
Sewer
Public Sewer
Heating
Forced Air
Cooling
Central Air
Ceiling Fan(s)
Roof
Rolled/Hot Mop
Zoning
R-5
Construction Materials
Wood Frame
Painted
Stucco
Year Built
1930
Electric
APS
Township
1N
Tax Year
2025
Ownership
Fee Simple
Fee Simple
Gross Income
41000.0
Community Features
No Pool
County
Maricopa
Net Operating Income
516.0
Operating Expense
553.0
New Construction
N
Property Type
Multiple Dwellings
Attached Garage
N
Subdivision Name
MT PLEASANT TRACT BLOCKS 2-5
Garage Y/N
N
Status
Active
Directions
Head east on E Van Buren St
Turn left onto North 11th St. Property will be on the right.
City
Phoenix
Disclosures
Seller Prop Disc Stm
High School District
Phoenix Union High School District
Open Parking Spaces
4.0
Number Of Units Total
2
Carport Y/N
N
Tax Annual Amount
553.0
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
Elementary School District
Phoenix Elementary District
Tax Lot
1 4
Cap Rate
0.09
New Financing: Conventional
True
Senior Community
N
New Financing: FHA
True
New Financing: Cash
True
New Financing: VA
True
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Interior
Flooring
Concrete
Air Conditioning Y/N
Y
Heating Y/N
Y
Total Bedrooms
8
Total Baths
0
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Exterior
Parking Features
<1 Space Per Unit
Water Source
City Franchise
Total Parking
4.0
Number of Buildings
1
Spa
N
Lot Dimensions
3412
Road Surface Type
Asphalt
Covered Spaces
0.0
Crops Included Y/N
N
Irrigation Water Rights Y/N
N
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* Excluded Features
List By
jmelendy70@gmail.com
Email
Affordability Calculator
- Monthly Principal & Interest
- $4,144
- Monthly Property Taxes
- $46
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 7.375% 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
Multi-family listings in Phoenix, AZ
Average List Price
$1,137,614
Percent of Sale Price
90%
About Phoenix, AZ
1,596,463
Population
20%
Since 2002
$
51,132
Median Income
34.66
Median Age
32%
Households with Children
Trends Information provided by ATTOM Data Solutions.
4327165
Elementary School
4327058
Middle School
Unknown High School
High School
Pricing History
| Date |
Price |
Price Change |
Description |
|
10/29/2026
|
$599,999
|
|
Listed Price
|