4640 N 11th Place Phoenix, AZ 85014
Camelback East Village NeighborhoodEstimated payment $3,897/month
Total Views
198
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Bed
--
Bath
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Sq Ft
--
Price per Sq Ft
Highlights
- Parking available for a boat
- Shuffleboard Court
- Ceiling Fan
- Phoenix Coding Academy Rated A
- Multiple cooling system units
- Carpet
About This Home
Turnkey multi-family gem in Midtown Phoenix! This unique property offers two fully remodeled 2BD/1BA homes on one lot, perfect for investors seeking strong returns, flexible short or long-term rental options, or a savvy house hacker looking to offset their mortgage. Recent big-ticket upgrades include a complete interior rehab with new paint, floors, kitchens, and baths, plus a new sewer line, roof, electrical panel, AC blower, and condenser fan motor. Each home is fully functional with its own laundry, backyard, and parking. The front home features vintage 1947 charm with cove ceilings, while the rear has a spacious mid-century layout. Proven rental income history and option to purchase fully-furnished make this an unbeatable opportunity to own an income-producing investment from day 1!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $1,348
Year Built
- Built in 1947
Home Design
- Composition Roof
- Block Exterior
- Stucco
Interior Spaces
- Ceiling Fan
Flooring
- Carpet
- Vinyl
Parking
- 4 Open Parking Spaces
- 6 Parking Spaces
- Carport
- Over 1 Space Per Unit
- Free Parking
- Paved Parking
- Parking available for a boat
Schools
- Madison Camelview Elementary School
- Madison Park Middle School
- North High School
Utilities
- Multiple cooling system units
- Central Air
- Heating System Uses Natural Gas
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 155-12-070
Community Details
Overview
- 2 Buildings
- 2 Units
- Building Dimensions are 60' x 128.43'
- Hixson Homes Subdivision
Recreation
- Shuffleboard Court
- Community Playground
Building Details
- Operating Expense $1,348
- Gross Income $80,000
- Net Operating Income $43,000
Map
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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 | $1,348 | $10,856 | -- | -- |
| 2024 | $1,312 | $10,339 | -- | -- |
| 2023 | $1,312 | $34,470 | $6,890 | $27,580 |
| 2022 | $1,273 | $25,660 | $5,130 | $20,530 |
| 2021 | $1,284 | $21,910 | $4,380 | $17,530 |
| 2020 | $1,264 | $21,070 | $4,210 | $16,860 |
| 2019 | $1,236 | $18,600 | $3,720 | $14,880 |
| 2018 | $1,206 | $16,180 | $3,230 | $12,950 |
| 2017 | $1,149 | $14,380 | $2,870 | $11,510 |
| 2016 | $1,110 | $11,370 | $2,270 | $9,100 |
| 2015 | $1,030 | $9,450 | $1,890 | $7,560 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 09/05/2025 09/05/25 | For Sale | $700,000 | +34.6% | -- |
| 05/09/2022 05/09/22 | Sold | $520,000 | -3.7% | $263 / Sq Ft |
| 05/02/2022 05/02/22 | Pending | -- | -- | -- |
| 04/29/2022 04/29/22 | Price Changed | $540,000 | -10.0% | $273 / Sq Ft |
| 04/19/2022 04/19/22 | For Sale | $599,900 | +263.1% | $304 / Sq Ft |
| 10/10/2013 10/10/13 | Sold | $165,200 | -5.5% | $169 / Sq Ft |
| 09/12/2013 09/12/13 | Pending | -- | -- | -- |
| 09/10/2013 09/10/13 | For Sale | $174,900 | +24.0% | $179 / Sq Ft |
| 03/23/2012 03/23/12 | Sold | $141,000 | -1.1% | $74 / Sq Ft |
| 02/21/2012 02/21/12 | Pending | -- | -- | -- |
| 01/31/2012 01/31/12 | Price Changed | $142,500 | -4.9% | $75 / Sq Ft |
| 12/02/2011 12/02/11 | For Sale | $149,900 | -- | $79 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Quit Claim Deed | -- | -- | |
| Warranty Deed | $520,000 | -- | |
| Warranty Deed | $165,200 | Title Management Agency Of A | |
| Cash Sale Deed | $141,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $490,000 | New Conventional | |
| Previous Owner | $123,900 | New Conventional | |
| Previous Owner | $97,370 | Credit Line Revolving |
Source: Public Records
Similar Homes in the area
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6914316
APN: 155-12-070
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.
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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