8916 N 11 Street, Phoenix, AZ 85020
- $525,000
- 3
- BD
- 16
- BA
- List Price
- $525,000
- Status
- ACTIVE
- Price Change
- ▼ $20,000 1782252444
- Days on Market
- 937
- MLS#
- 6658575
- City
- Phoenix
- Bedrooms
- 3
- Bathrooms
- 16
- Year Built
- 1964
Property Description
Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby. see suppliment remarks **Property Details:** - 2 Units individually metered for Electric - Condition: Excellent - Lot Approval: Ready to Build a Fourplex-all reports and plans included - Nearby Amenities: Beautiful Park Across the Street **Duplex Features:** - Impeccably maintained - Spacious living areas - Private outdoor spaces - Ideal for both owner-occupants and investors **Fourplex Potential:** - Approved lot for a fourplex - Capitalize on the strong demand for multi-family units - Increase your rental income and investment portfolio **Neighborhood Highlights:** - Proximity to top employers in the area - Convenient access to major highways - Excellent schools nearby - Thriving local businesses and restaurants - Beautiful park right across the street, perfect for outdoor activities
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Additional Information
- Taxes
- $2,014
- Net Operating Income
- $28,382
- Cap Rate
- 5.21
- Units
- 2
- Flooring
- Ceramic Tile
- Parking Features
- Open, >1 Space Per Unit, RV Access/Parking
- Construction
- Block, Painted
- Roofing
- Composition
- Cooling
- Heat Pump, Varies by Unit, Ceiling Fan(s)
- Heating
- Heat Pump, Varies by Unit
- Zoning
- R-4
- Community Features
- No Pool
- Electric
- APS, Individual Meter
- Water
- Master Meter, City Franchise
- Sewer
- Sewer-In & Connected
- Tenant Pays
- Electricity, Cable TV
- New Financing
- VA Loan, FHA, Conventional, No Carry
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Listing courtesy of Gerchick Real Estate.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.