11231 N 18th Dr Phoenix, AZ 85029
North Mountain Village NeighborhoodEstimated payment $3,208/month
Highlights
- Cooling Available
- Patio
- Heating System Uses Natural Gas
- Sunnyslope High School Rated A
About This Home
MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.
Listing Agent
Wealth Builder Real Estate Services License #BR526245000 Listed on: 05/11/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,549
Year Built
- Built in 1973
Home Design
- Composition Roof
- Block Exterior
- Stucco
Parking
- 8 Open Parking Spaces
- 8 Parking Spaces
- Off-Street Parking
Outdoor Features
- Patio
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Separate Meters
- Master Water Meter
Listing and Financial Details
- The owner pays for water, sewer, trash collection
- Assessor Parcel Number 159-12-037-F
Community Details
Overview
- 4 Units
- Building Dimensions are 12850 sf
Building Details
- Operating Expense $11,049
- Gross Income $39,330
- Net Operating Income $28,281
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,549 | $12,186 | -- | -- |
| 2024 | $1,463 | $11,606 | -- | -- |
| 2023 | $1,463 | $47,430 | $9,480 | $37,950 |
| 2022 | $1,416 | $33,430 | $6,680 | $26,750 |
| 2021 | $1,434 | $27,730 | $5,540 | $22,190 |
| 2020 | $1,398 | $24,160 | $4,830 | $19,330 |
| 2019 | $1,373 | $20,810 | $4,160 | $16,650 |
| 2018 | $1,337 | $17,320 | $3,460 | $13,860 |
| 2017 | $1,330 | $14,170 | $2,830 | $11,340 |
| 2016 | $1,306 | $13,570 | $2,710 | $10,860 |
| 2015 | $1,209 | $11,650 | $2,330 | $9,320 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/21/2026 05/21/26 | Price Changed | $569,000 | -5.0% | -- | |
| 05/11/2026 05/11/26 | For Sale | $599,000 | +476.0% | -- | |
| 11/09/2012 11/09/12 | Sold | $104,000 | +22.4% | $35 / Sq Ft | View Prior Sale |
| 09/01/2012 09/01/12 | Pending | -- | -- | -- | |
| 08/30/2012 08/30/12 | For Sale | $85,000 | -- | $29 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | None Available | |
| Quit Claim Deed | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Cash Sale Deed | $104,000 | First American Title Ins Co | |
| Warranty Deed | $87,500 | First American Title |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $84,356 | FHA |
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 7026645
APN: 159-12-037F
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Ask me questions while you tour the home.