$795,000

116 N 11th Ave Unit 1 & 2 Phoenix, AZ 85007

Governmental Mall Neighborhood

Estimated payment $4,820/month

Total Views 428
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Board and Batten Siding
  • Vinyl Flooring
  • Phoenix Coding Academy Rated A
  • Ceiling Fan
  • Heating Available

About This Home

Recently built duplex located in Historic Downtown Phoenix! TOTAL LIVABLE SQAURE FOOTAGE 3030 SQ FT. EACH UNIT IS 1515 SQ FT. which include 3 bedrooms, 2.5 bathrooms, a spacious open floor plan and large master suite. Kitchen has all the upgrades a tenant would ever want with beautiful quartz countertops, a large island, stainless steel appliances, and all white cabinets. In Unit Washers & Dryers included. 1 car detached garage for EACH unit and shared private yard. Central location provides access to all downtown amenities and light rail. Left Unit active lease. RIGHT UNIT VACANT.

Listing Agent

Luke Basler

Realty ONE Group License #SA663350000 Listed on: 08/13/2025

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,868

Year Built

  • Built in 2021

Lot Details

  • Property fronts an alley

Home Design

  • Wood Frame Construction
  • Composition Roof
  • Board and Batten Siding
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Vinyl Flooring

Parking

  • 4 Parking Spaces
  • 2 Covered Spaces
  • Over 1 Space Per Unit
  • Paved Parking
  • On-Street Parking
  • Assigned Parking

Schools

  • Capitol Elementary School
  • Central High School

Utilities

  • Cooling Available
  • Heating Available

Listing and Financial Details

  • Tax Lot 7
  • Assessor Parcel Number 112-03-028

Community Details

Overview

  • 2 Units
  • Building Dimensions are 51 X 124
  • Walker Sub Subdivision

Building Details

  • Operating Expense $9,022
  • Gross Income $50,513
  • Net Operating Income $43,159

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,868

Year Built

Built in 2021

Lot Details

0

Listing Details

  • Cross Street: W Adams St. & N 11th Ave.
  • Legal Info Range: 3E
  • Property Type: Multiple Dwellings
  • Zoning: R-5
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 2021
  • Tax Year: 2024
  • Directions: South on N 7th Ave. West on W Adams St. North on N 11th Ave. Duplex is on the left hand side.
  • Road Frontage Type: Alley
  • Road Surface Type: Asphalt
  • Professional Management Expense: 3154.0
  • Subdivision Name: WALKER SUB
  • Garage Yn: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Roofing:Composition: Yes
  • Construction:Wood Frame: Yes
  • Const - Finish Board Batten Siding: Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer, W/D Hookup
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Microwave2: Yes
  • Appliances Included:WasherDryer: Yes
  • Appliances Included:WD Hookup: Yes
  • Appliances Included:Refrigerator2: Yes
  • Appliances Included:Dishwasher2: Yes
  • Appliances Included:Disposal2: Yes

Exterior Features

  • Disclosures: None
  • Construction Type: Board & Batten Siding, Wood Frame, Painted, Stucco
  • Roof: Composition

Garage/Parking

  • Total Covered Spaces: 2.0
  • Parking Features: Paved, Assigned, >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 2.0
  • Total Parking Spaces: 4.0
  • General Property Description:Covered Parking Spcs: 2.0
  • General Property Description:Uncvrd Parking Spcs: 2.0
  • General Property Description:Total Parking Spcs: 4.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features:Assigned: Yes
  • Parking Features:Paved2: Yes
  • Parking Features:Garage: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS
  • Cooling: Ceiling Fan(s), Electric
  • Heating: Electric
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Franchise
  • Heating:Electric: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Association/Amenities

  • Exterior Amenities:Landscape Wtr System: Yes
  • Exterior Amenities:Fenced3: Yes
  • Exterior Amenities:PatioBalcony: Yes
  • Exterior Amenities:Security Light(s)3: Yes
  • Interior Amenities:FireSmoke Alarm(s): Yes
  • Interior Amenities:Mini Blinds: Yes
  • Exterior Amenities:Desert Landscaping: Yes
  • Interior Amenities:Breakfast Bar2: Yes

Schools

  • Elementary School: Capitol Elementary School
  • High School: Central High School
  • Junior High Dist: Phoenix Union High School District
  • Middle Or Junior School: Capitol Elementary School

Lot Info

  • Lot Size: 51 X 124
  • Additional Parcels: No
  • Parcel #: 112-03-028

Multi Family

  • Owner Pays: Trash Collection, Water, Landscaping
  • Number Of Units Total: 2
  • Annual Gross Income: 50513.4
  • Property Net Operating Income: 43159.4
  • Annual Operating Expense: 9022.0
  • Vacancy Allowance Rate: 0.05

Tax Info

  • Tax Annual Amount: 5868.0
  • Tax Book Number: 112.00
  • Tax Lot: 7

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/13/2025 08/13/25 For Sale $795,000 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

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Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6905172

Arizona Regional Multiple Listing Service (ARMLS)

Arizona Maricopa County Phoenix 85007 Governmental Mall

116 N 11th Ave Unit 1 & 2, Phoenix, AZ

This home is located at 116 N 11th Ave Unit 1 & 2, Phoenix, AZ 85007 and is currently priced at $795,000. This property was built in 2021. 116 N 11th Ave Unit 1 & 2 is a home located in Maricopa County with nearby schools including Dunbar Elementary School, Magnet Traditional School, and Phoenix Coding Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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Luke Basler
Listing Agent
Luke Basler
Section Image
Realty ONE Group
(480) 576-8953