5206 S 11th Avenue, Phoenix, AZ 85041
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
5206 S 11th Avenue,Phoenix, AZ 85041
$480,500
- 4 Beds
- 2 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: ari verma
Office: fathom realty
MLS#:7025341
Source:ARMLS
Price summary
- Price:$480,500
About this home
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 leases expire 12/31/2026 and 10/31/2027, 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....
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Home facts
- Year built:1957
- Subdivision & Development:HIGHLAND PARK SUB PLAT 5
- Listing ID #:7025341
- Updated:September 28, 2026 at 03:33 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Flooring:Ceramic Tile, Vinyl
Heating and cooling
- Cooling:Electric
- Heating:Electric
Structure and exterior
- Year built:1957
- Construction Materials:Stucco
Utilities
- Water:Individual Meter
Finances and disclosures
- Price:$480,500
- Tax amount:$892 (2025)
Parking
- Total parking spaces:6
- Parking description:Additional Parking Available, Assigned, More Than 1 Parking Space/Unit, RV Access/Parking
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