5206 S 11TH Avenue, Phoenix, AZ 85041
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5206 S 11TH Avenue, Phoenix, AZ 85041
5206 S 11TH Avenue, Phoenix, AZ 85041
5206 S 11TH Avenue, Phoenix, AZ 85041
5206 S 11TH Avenue, Phoenix, AZ 85041
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Heath Sullivan

Heath Sullivan

+1(480) 201-5555
$ 481,000
Est. payment /mo
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Price Dropped by $1K

5206 S 11TH Avenue Phoenix, AZ 85041

4 Beds

UPDATED:

Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Highland Park Sub Plat 5

MLS Listing ID 7025341

Bedrooms 4

Year Built 1957

Annual Tax Amount $892

Tax Year 2025

Lot Dimensions 68x123

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

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 lease expire 12/31/2026 for one unit and other unit is vacant, 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.

Location

State AZ

County Maricopa

Community Highland Park Sub Plat 5

Area Maricopa

Zoning Residential

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water Individual Meter

New Construction No

Schools

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 105-79-157

Acceptable Financing Conventional, 1031 Exchange, FHA

Disclosures None

Listing Terms Conventional, 1031 Exchange, FHA

Arizona Regional MLS (ARMLS)

Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

Listed by Fathom Realty • Ari Verma
Heath Sullivan

Heath Sullivan

Agent License ID: SA702797000

+1(480) 201-5555

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