$600,000

9047 N 11th St Phoenix, AZ 85020

North Central Neighborhood

Estimated payment $3,226/month

Total Views 2,746
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Cooling Available
  • Ceramic Tile Flooring
  • Heat Pump System
  • Sunnyslope High School Rated A
  • Ceiling Fan

About This Home

ATTENTION: THIS IS A 4 UNIT PROPERTY AND YOU MUST BUY THE DUPLEX NEXT DOOR. fully occupied 6-unit apartment building, offering consistent cash flow with significant income growth and value-add potential. This property represents a rare opportunity to acquire a stable, income-producing asset with strong long-term appreciation prospects. Buyers may purchase both properties using two separate Residential Loans, a single Commercial Loan, or potentially qualify through a DCR loan, providing flexible financing options to maximize investment potential.

Listing Agent

Jose Cereceres

Pak Home Realty License #SA679247000 Listed on: 09/15/2025

Pak Home Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $946

Year Built

  • Built in 1958

Home Design

  • Foam Roof
  • Block Exterior
  • Stucco

Interior Spaces

  • Ceiling Fan
  • Ceramic Tile Flooring

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Over 1 Space Per Unit
  • On-Street Parking

Utilities

  • Cooling Available
  • Heat Pump System
  • Individual Controls for Heating
  • Master Water Meter

Listing and Financial Details

  • Assessor Parcel Number 159-35-111

Community Details

Overview

  • 4 Units
  • Building Dimensions are irr
  • Waltmore Subdivision

Building Details

  • Operating Expense $11,268
  • Gross Income $81,503
  • Net Operating Income $69,588

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$946

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Cross Street: 11 St and Hatcher
  • Property Type: Multiple Dwellings
  • Zoning: R-4
  • Number Of Buildings: 1
  • Ownership: Fee Simple
  • Year Built: 1958
  • Tax Year: 2024
  • Road Surface Type: Asphalt, Curb(s) & Gutter(s)
  • Subdivision Name: WALTMORE
  • Cooling:Ceiling Fan(s): Yes
  • Water Source City Franchise2: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Appliances: Free-Standing Range, Refrigerator
  • Appliances Included:FS OvenRange: Yes
  • Appliances Included:Refrigerator2: Yes

Exterior Features

  • Disclosures: Seller Prop Disc Stm, APOD/Backup Avaible, Sch of Personal Prop
  • Construction Type: Painted, Stucco, Block
  • Roof: Foam
  • Construction:Block: Yes

Garage/Parking

  • Parking Features: >1 Space Per Unit, On Street
  • Attached Garage: No
  • Open Parking Spaces: 6.0
  • Total Parking Spaces: 6.0
  • General Property Description:Uncvrd Parking Spcs: 6.0
  • General Property Description:Total Parking Spcs: 6.0
  • Parking Features >1 Space Per Unit: Yes
  • Parking Features Street Parking: Yes

Utilities

  • Electric: APS, Individual Meter
  • Cooling: Ceiling Fan(s), See Remarks, Individual
  • Heating: See Remarks, Individual, Heat Pump
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: Master Meter, City Franchise
  • Heating:Individual: Yes
  • Heating:Heat Pump2: Yes

Condo/Co-op/Association

  • Community Features: No Pool

Fee Information

  • Annual Water Sewer Expense: 3371.0

Schools

  • Junior High Dist: Glendale Union High School District

Lot Info

  • Lot Size: irr
  • Additional Parcels: No
  • Parcel #: 159-35-111

Multi Family

  • Owner Pays: Electricity, Trash Collection, Water, Sewer
  • Number Of Units Total: 4
  • Electric Expense: 3850.0
  • Annual Gross Income: 81503.28
  • Insurance Expense: 1751.0
  • Maintenance Expense: 1000.0
  • Property Net Operating Income: 69588.16
  • Annual Operating Expense: 11267.84
  • Vacancy Allowance Rate: 0.03

Tax Info

  • Tax Annual Amount: 945.84
  • Tax Book Number: 159.00
  • Tax Lot: 0

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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 $946 $7,444 -- --
2024 $894 $7,090 -- --
2023 $894 $29,310 $5,860 $23,450
2022 $865 $20,700 $4,140 $16,560
2021 $876 $17,750 $3,550 $14,200
2020 $854 $15,460 $3,090 $12,370
2019 $838 $13,360 $2,670 $10,690
2018 $816 $11,210 $2,240 $8,970
2017 $812 $8,830 $1,760 $7,070
2016 $798 $8,100 $1,620 $6,480
2015 $739 $6,770 $1,350 $5,420
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/15/2025 09/15/25 For Sale $600,000 +3.4% --
12/11/2024 12/11/24 Sold $580,000 -12.7% $556 / Sq Ft View Prior Sale
11/11/2024 11/11/24 Pending -- -- --
11/05/2024 11/05/24 For Sale $664,000 0.0% $636 / Sq Ft
10/27/2024 10/27/24 Pending -- -- --
10/18/2024 10/18/24 Price Changed $664,000 -5.1% $636 / Sq Ft
09/10/2024 09/10/24 For Sale $700,000 -- $670 / Sq Ft
Source: Arizona Regional Multiple Listing Service (ARMLS)

Purchase History

Date Type Sale Price Title Company
Warranty Deed $580,000 Wfg National Title Insurance C
Warranty Deed $580,000 Wfg National Title Insurance C
Warranty Deed -- Empire Title Agency
Warranty Deed $450,000 Empire Title Agency
Cash Sale Deed $65,000 Chicago Title Agency Inc
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $551,000 New Conventional
Closed $551,000 New Conventional
Previous Owner $327,360 New Conventional
Source: Public Records

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6919996

Arizona Regional Multiple Listing Service (ARMLS)

APN: 159-35-111

Arizona Maricopa County Phoenix 85020 North Central

9047 N 11th St, Phoenix, AZ

For Sale

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

Nearby Homes
Jose Cereceres
Listing Agent
Jose Cereceres
Section Image
Pak Home Realty
(480) 637-5017