129 N 11TH Avenue
Phoenix, AZ, 85007 $ 1,750,000
Bedrooms8 Baths0.0 Monthly Estimate*
$ 12,087
for $1,750,000 with 8 bedrooms. This home was built in 2019.
**RARE 5-Unit INVESTMENT OPPORTUNITY IN THE HEART OF DOWNTOWN PHOENIX!** Located in the desirable Woodland Historic District, this unique property offers incredible versatility with a modern single-family residence and four additional 1-bedroom apartments, all built in 2019! Whether you're looking to expand your investment portfolio, generate multiple rental income streams, or live on-site while renting out the additional units, this property offers endless possibilities! The spacious main residence features 4 bedrooms, 3.5 bathrooms, a den, bonus room, and a 1-car garage. Modern finishes include quartz countertops, stainless steel appliances, vaulted ceilings, and a walk-out patio. Quality block construction and a tile roof add to the appeal. Each of the four 1-bedroom apartments features a spacious great room, full kitchen, private bathroom, and its own washer and dryer. Covered parking and a gated courtyard provide added convenience and privacy. LOCATION, LOCATION, LOCATION! Enjoy easy access to everything Downtown Phoenix has to offer, including the Roosevelt Row Arts District, CityScape, ASU Downtown Campus, professional sporting events, entertainment venues, restaurants, shopping, and vibrant nightlife. An incredible opportunity to own a newer multi-unit property in one of Phoenix's most exciting urban locations. LIVE IN ONE, RENT THE OTHERS, OR MAXIMIZE YOUR INVESTMENT POTENTIAL!
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FeaturesInteriorInterior Amenities Central Vacuum
Flooring Tile Wood Concrete
Air Conditioning Y/N Y
Heating Y/N Y
Total Bedrooms 8
Total Baths 8
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GeneralSewer Public Sewer
Heating Heat Pump
Cooling Ceiling Fan(s) Electric Heat Pump
Roof Tile Built-Up
Zoning R5
Security Features Fire Sprinklers
Construction Materials Metal Siding Block
Year Built 2019
Electric APS
Township 1N
Tax Year 2025
Ownership Fee Simple Fee Simple
Gross Income 54000.0
Community Features Barbecue No Pool
County Maricopa
Net Operating Income 108000.0
Operating Expense 6409.0
New Construction N
Property Type Multiple Dwellings
Attached Garage N
Subdivision Name EL FRESNAL
Garage Y/N Y
Status Active
Directions West on Adams North on 11th Ave to Property.
High School Phoenix Union Bioscience High School
City Phoenix
Disclosures Seller Prop Disc Stm
High School District Phoenix Union High School District
Open Parking Spaces 0.0
Number Of Units Total 5
Carport Y/N N
Elementary School Paul Dunbar Lawrence School
Tax Annual Amount 6409.0
Middle/Junior High School Phoenix #1 iAcademy
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Virtual Tour https://www.zillow.com/view-3d-home/a3fb5e0e-c506-41d6-8a58-00166f72ed96?utm_source=dashboard
Standard Status Active
Elementary School District Phoenix Elementary District
Tax Lot 8
Cap Rate 6.17
New Financing: Conventional True
Senior Community N
New Financing: Cash True
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ExteriorParking Features Attached Carport Garage Door Opener 1 Space/Unit
Water Source Individual Meter
Total Parking 4.0
Number of Buildings 2
Spa N
Lot Dimensions 50 x 140
Road Surface Type Asphalt
Covered Spaces 4.0
Crops Included Y/N N
Irrigation Water Rights Y/N N
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* Excluded FeaturesAffordability Calculator
- Monthly Principal & Interest
- $12,087
- Monthly Property Taxes
- $534
- 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.
Learn more about how to save NearbyMulti-family listings in Phoenix, AZ
Average List Price $1,136,193
Percent of Sale Price 35%
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.
4328265 Elementary School
4905108 Middle School
Phoenix Union Bioscience High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 10/30/2026 | $1,750,000 | | Listed Price |