For Sale Multi-Family MLS# 7025341

5206 S 11TH Avenue

Phoenix, AZ 85041

$480,500

About 5206 S 11TH Avenue

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current leases expire 12/31/2026 and 10/31/2027, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1957
Original price
$482,000
MLS #
7025341

Interior

Features
Electric, Ceramic Tile, Vinyl
Flooring
Ceramic Tile, Vinyl
Heating
Electric
Cooling
Electric

Exterior & lot

Features
Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit, Parking spaces: 6
Construction
Wood Frame, Stucco, Composition
Roof
Composition
Lot
Residential, 10579157
Parking
Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit

Schools

District
Roosevelt Elementary District

Utilities

Utilities
Public Sewer, Individual Meter
Water
Individual Meter
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$892
Tax year
2025
Parcel
10579157

Location

Subdivision
HIGHLAND PARK SUB PLAT 5
County
Maricopa
Neighborhood
A-Rod
Community
Maricopa, Asphalt, Arizona Regional Multiple Listing Service 2, Roosevelt Elementary District

Location

Neighborhood
A-Rod
Subdivision
HIGHLAND PARK SUB PLAT 5
School district
Roosevelt Elementary District

Ask about this property

Questions on 5206 S 11TH Avenue, Phoenix, AZ 85041, or want to see it in person?

Listed by Ari Verma, Fathom Realty

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.