4132 N 11th Street, Phoenix, AZ 85014
- $765,000
- 7
- BD
- 9
- BA
- List Price
- $765,000
- Status
- ACTIVE
- Days on Market
- 3
- MLS#
- 7079145
- City
- Phoenix
- Bedrooms
- 7
- Bathrooms
- 9
- Year Built
- 2025
Property Description
Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.
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Additional Information
- Taxes
- $833
- Net Operating Income
- $57,700
- Cap Rate
- 7.54
- Units
- 2
- Parking Features
- Other
- Construction
- Wood Frame, Painted, Wood Siding
- Roofing
- Composition
- Cooling
- Central Air
- Heating
- Electric
- Zoning
- R4
- Subdivision
- Wenker Tract
- Community Features
- No Pool
- Electric
- APS
- Water
- City Franchise
- Tenant Pays
- Electricity, Landscaping
- New Financing
- Conventional, Owner May Carry, Cash
- Elementary School
- Longview Elementary School
- Middle School
- Longview Elementary School
- High School
- North High School
Courtesy of APB Valley Spaces. 602-279-0121
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