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1911 E Warner St, Phoenix, AZ 85040

  • $482,600

  • 6

    bed

  • 4

    bath

Multi-family for sale 29 days
80 homes bought nearby with Movoto recently

About 1911 E Warner St

Property type Multi-family
Neighborhood
Year built 2022
HOA fee $0/month
Property description
Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this a low-maintenanc
Listed by
Listing Agent - Dean Selvey
Listing Office - RE/MAX Excalibur
Source: ARMLS mls logo
MLS#7055488 • last updated 2 weeks ago
Movoto checked ARMLS for data 4 minutes ago
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Overview
Cooling/AC Central Air, Ceiling Fan(s), Heat Pump, Individual
Heating Electric
MLS # 7055488
Type Multiple Dwellings
Status Active
Property Tax 5012
Year Built 2022
Interior
Total # of Bathrooms 4
Total # of Bedrooms 6
Flooring Tile, Carpet
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, W/D Hookup
Exterior
Roof Composition
Construction Wood Frame, Stucco
Parking Attached Carport, Add'l Parking Avail, >1 Space Per Unit, Carport
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Public Sewer
Location
Subdivision PROGRESS PLACE
Community Features No Pool
Elementary School Percy L Julian School
Elementary School District Roosevelt Elementary District
Middle School Percy L Julian School
High School District Phoenix Union High School District
High School South Mountain High School
APN 122-32-053
Zoning R3
Multifamily Details
Total # of Units 2
Expense: Operating 15522
Financial Data Source Owner
Expense: Insurance 1152
Net Operating Income 32628
Gross Income 45600
Expense: Other 5012
Expense: Professional Management 2280
Expense: Water/Sewer 2066
Gross Scheduled Income 45600
Lot/ Land Details
Road Surface Asphalt
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1/10
Percy L Julian School
public Grades 4-8
Roosevelt Elementary District
2/10
South Mountain High School
public Grades 9-12
Phoenix Union High School District
8/10
Phoenix Coding Academy
public Grades 9-12
Phoenix Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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Walk
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Family
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  • Real Estate
  • AZ
  • Maricopa County
  • Phoenix
  • 85040
  • South Mountain
  • 1911 E Warner St

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