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Sold on 06/09/2026
  • Other
  • Exterior
  • Bedroom
  • Kitchen
  • Living
  • Bath
  • Entry Way

2011 N 51st St, Phoenix, AZ 85008

$3,487,500

Last sold 06/09/2026 after 278 Days

  • 23

    bed

  • 22

    bath

Multi-family not for sale
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About 2011 N 51st St

Property type Multi-family
Neighborhood
Year built 1979
HOA fee $0/month
Property description
Tropicana Apartments is a well-positioned, mostly renovated 20-unit multifamily community in the desirable Papago submarket of Metro Phoenix. Built in 1979 on 1.31 acres, the property offers 14,960 square feet of rentable space with a mix of floor plans averaging 748 square feet. Since 2020, the property has benefited from more than $420,000 in capital improvements, including pool refinishing, upgraded landscaping, new appliances, cabinetry, countertops, entry gate enhancements, and the installation of 15 new HVAC units, among other updates.
Listed by
Listing Agent - Colt Siler
Listing Office - Orion Investment Real Estate
Source: ARMLS mls logo
MLS#6921463 • last updated 4 months ago
Movoto checked ARMLS for data 2 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s), Electric, Individual
Heating Individual, Heat Pump, Electric, Ceiling
MLS # 6921463
Type Multiple Dwellings
Status Closed
Property Tax 8436
Year Built 1979
Interior
Flooring Ceramic Tile
Appliances Built-In Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Washer/Dryer
Exterior
Roof Composition
Construction Painted, Block
Parking Paved, Free, >1 Space Per Unit, On Street
# of Open Parking Spaces 25
# of Covered Spaces 2
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision ORANGEDALE TRACT 1, 2, & 7, 8
Community Features Barbecue, Pool
Elementary School District Balsz Elementary District
High School District Phoenix Union High School District
APN 126-21-011
Zoning R-3
Multifamily Details
Total # of Units 20
Expense: Operating 8436
Financial Data Source Owner, Projected Proforma
Vacancy Allowance 0.06
Net Operating Income 267579.9
Gross Income 380567.11
Gross Scheduled Income 376680
Lot/ Land Details
Road Surface Asphalt
We are not permitted to show value estimates for this property.
  • Jun 2026
    mls logo MLS # 6921463
  • Jun 9, 2026 Sold
    $3,487,500 (-2.4%)
  • Jun 4, 2026 Pending
    —
  • Jun 4, 2026 Sold
    $3,575,000 (-10.6%)
  • Mar 11, 2026 Pending
    —
  • Sep 4, 2025 Listed
    $3,999,000 (+5.4%)
  • Nov 2020
    mls logo MLS # 6158735
  • Nov 10, 2020 Listed
    $3,795,000 (+6.9%)
  • Sep 2020
    mls logo MLS # 6134046
  • Sep 18, 2020 Listed
    $3,550,000 (+29.1%)
  • Jan 2020
    Public Records
  • Jan 22, 2020 Sold
    $2,750,000 (+175.0%)
  • Sep 2004
    Public Records
  • Sep 30, 2004 Sold
    $999,999
  • Year Property taxes Tax assessment
  • 2025
    $8,964 +6.3%
    $281,250 -10.5%
  • 2024
    $8,436 +1.0%
    $314,250
  • 2023
    $8,355 +3.7%
    $314,250 +31.59%
  • 2022
    $8,055 -1.6%
    $238,810 +15.32%
  • 2021
    $8,189 +1.9%
    $207,080 +36.52%
  • 2020
    $8,038
    $151,680
  • 2011 N 51st St
    $3.48M
  • Camelback East
    $762K
  • 85008
    $395K -12% y/y
  • Phoenix
    $454K -3% y/y
No chart available
Statistics calculated by Movoto

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2/10
Griffith Elementary School
public Grades K-5
Balsz Elementary District
2/10
Camelback 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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