9033 N 11TH Street, Phoenix, AZ 85020

$380,000
Property Type: Multiple Dwellings Status: Active
Current Price: $380,000 Last Modified: 2/07/2026

Description

ATTENTION: THIS IS A 2 UNIT PROPERTY AND YOU MUST BUY THE FOURPLEX 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.

More Information MLS# 6919976

Contract Info

Ownership: Fee Simple Current Price: $380,000 List Price: $380,000 Status: Active List Date: 2025-09-11

Location, Tax & Legal

Assessor's Map #: 35 Legal Description (Abbrev): LOT 30 WALTMORE MCR 002914 Assessor's Parcel #: 112 Assessor Parcel Ltr: A Add'l Parcels: Yes Tax Municipality: Phoenix Census Tract: 104702 Taxes: 580.5 Legal: LOT 30 WALTMORE MCR 002914 Marketing Name: WALTMORE House Number: 9033 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: 159-35-112-A Tax Year: 2024

General Property Description

# of Buildings: 2 Uncvrd Parking Spcs: 2 Lot Size Dimensions: 70.23-49.39-70.23-49.39 Flood Zone: No Total # of Units: 2 Elementary School District: Washington Elementary School District High School District: Glendale Union High School District Elementary School: Sunnyslope Elementary School Jr. High School: Sunnyslope Elementary School High School: Sunnyslope High School Year Built: 1958 Zoning: R-4

Legal Info

Range: 3E Section: 28 Township: 3N Lot Number: 30

Project Type

Duplex: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Built-Up: 1

Floors

Ceramic Tile: 1

Sale Includes

Land & Building: 1

Income & Expenses

Annual Elec Exp: 1925 Annual Ins Exp: 1751 Annual Landscape Exp: 350 Annual Maint Exp: 1280 Annual Wtr/Swr Exp: 1685 Owner Association: No Annual Ownr Asoc Fee: 0 Operating Exp: 7571.5 Other Income: 1000 Vacancy Allowance: 0.03 Adjusted Gross Inc: 39149.2

Pmt & Rate Info

Cap Rate: 7.84 Equity: 380000 Down Payment %: 0 Monthly Payments: 0 Total Owed: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

Supra: 1

Community Features

No Pool: 1

Heating

Heat Pump: 1 Individual: 1 Window/Wall Unit(s): 1

Cooling

Ceiling Fan(s): 1 Heat Pump: 1 Window/Wall Unit: 1

Exterior Amenities

Fenced: 1 Cable TV Available: 1

Tenant Pays

Cable TV: 1

Appliances Included

Disposal: 1 Built-In Range: 1

Road Surface Type

Asphalt: 1

Source of Fincl Data

Owner: 1

Water Source

City Franchise: 1

Sewer

Sewer - Public: 1

Parking Features

Free: 1 1 Space/Unit: 1

Electric

APS: 1

Gas

SW Gas: 1

Owner Pays

Water: 1 Sewer: 1 Electric: 1 Gas: 1 Trash Collection: 1 Landscaping: 1

New Financing

Cash: 1 Conventional: 1

Existing 1st Loan

Treat as Free&Clear: 1

Reports/Disclosures

Seller Prop Disc Stm: 1

Environmental

None: 1

Efficiency Units

Avg Rent: 0

1 Bedroom Units

# 1 Bedroom Units: 2 Avg Rent: 1640 Avg SqFt: 450 # Baths: 1

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Remarks Misc

Cross Street: N 7th St and E Hatcher Rd Directions: Head north on N 7th St. Turn right onto E Hatcher Rd. Turn right onto North 11th St. Home will be on the left. Geo Lat: 33.569032 Geo Lon: -112.05928

Income Expenses

Gross Annual Sch Inc: 39360 Net Operating Income: 29788.5

Property Features

Project Type: Duplex Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Built-Up Floors: Ceramic Tile Sale Includes: Land & Building Community Features: No Pool Exterior Amenities: Fenced; Cable TV Available Appliances Included: Built-In Range; Disposal Heating: Individual; Heat Pump; Window/Wall Unit(s) Cooling: Ceiling Fan(s); Heat Pump; Window/Wall Unit Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit; Free Road Surface Type: Asphalt Owner Pays: Water; Electric; Gas; Trash Collection; Landscaping Tenant Pays: Cable TV Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Environmental: None
Listing Office: Pak Home Realty
IDX
Last Updated: February - 07 - 2026
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