9027 N 11TH Street, Phoenix, AZ 85020 (MLS# 6996997)

9027 N 11TH Street, Phoenix, AZ 85020

$599,900

Property Type: Multiple Dwellings Status: Active

Current Price: $599,900 Last Modified: 3/12/2026

Description

Located minutes from Downtown Phoenix, this well-maintained triplex in Phoenix, Arizona offers a great investment opportunity with strong rental potential. Each of the three units features approximately 900 sq ft, 2 bedrooms and 1 bathroom, high ceilings, and recently remodeled interiors that create a bright, modern feel. Residents can enjoy mountain views along with the convenience of two dedicated parking spaces per unit. The property also offers easy access to major freeways, shopping, dining, and employment centers, making it attractive for long-term tenants. With its updated units, functional layouts, and desirable central location, this triplex is ideal for investors looking to grow their portfolio in one of Arizona's most in-demand rental markets.

More Information MLS# 6996997

Contract Info

Ownership: Fee Simple Current Price: $599,900 List Price: $599,900 Status: Active List Date: 2026-03-10

Location, Tax & Legal

Assessor's Map #: 35 Legal Description (Abbrev): WALTMORE PT LOT 31 & 32 DAF BEG AT PT 46F N OF SW COR LOT 32 TH E 70F TH N 80F TH W 70F TH S 80F TPO Assessor's Parcel #: 113 Assessor Parcel Ltr: A Add'l Parcels: No Tax Municipality: Phoenix Census Tract: 104702 Taxes: 2095 Legal: WALTMORE PT LOT 31 & 32 DAF BEG AT PT 46F N OF SW COR LOT 32 TH E 70F TH N 80F TH W 70F TH S 80F TPO Marketing Name: 11th St Triplex House Number: 9027 Compass: N Street Name: 11TH St Suffix: Street City/Town Code: Phoenix State/Province: AZ Zip Code: 85020 Zip4: 2627 County Code: Maricopa Subdivision: WALTMORE Assessor Number: 159-35-113-A Tax Year: 2025

General Property Description

# of Buildings: 1 Uncvrd Parking Spcs: 24 Lot Size Dimensions: Ukn Total # of Units: 3 High School District: Glendale Union High School District Year Built: 1973 Zoning: R-4

Legal Info

Range: 3E Section: 28 Township: 3N Lot Number: 31

Project Type

Tri-Plex: 1

Construction

Block: 1

Const - Finish

Stucco: 1

Roofing

Composition: 1

Floors

Laminate: 1 Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 2095 Other Income: 0 Vacancy Allowance: 0.05 Adjusted Gross Inc: 51300

Pmt & Rate Info

Cap Rate: 9 Equity: 599900 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings

Lockbox Type

None: 1

Community Features

No Pool: 1

Heating

Electric: 1

Cooling

Electric: 1

Tenant Pays

Water: 1 Electricity: 1

Appliances Included

Refrigerator: 1 Washer/Dryer: 1

Road Surface Type

Asphalt: 1 Concrete: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

<1 Space Per Unit: 1 Paved: 1

Electric

SRP: 1

Gas

None: 1

Owner Pays

Sewer: 1 Trash Collection: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Reports/Disclosures

None: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

# 2 Bedroom Units: 3 Avg Rent: 1500 Avg SqFt: 900 # Baths: 1

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Geo Lat: 33.568842 Geo Lon: -112.059283

Income Expenses

Gross Annual Sch Inc: 54000 Net Operating Income: 54000

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Stucco Roofing: Composition Floors: Laminate; Tile Sale Includes: Land & Building Community Features: No Pool Appliances Included: Refrigerator; Washer/Dryer Cooling: Electric Water Source: City Franchise Sewer: Sewer - Public Electric: SRP Gas: None Parking Features: <1 Space Per Unit; Paved Road Surface Type: Asphalt; Concrete Owner Pays: Trash Collection Tenant Pays: Water; Electricity Source of Fincl Data: Owner Lockbox Type: None New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: HomeSmart

Last Updated: March - 12 - 2026