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Sold on 03/24/2018

9609 N 11th Ave, Phoenix, AZ 85021

$244,000

Last sold 03/24/2018 after 33 Days

  • 4

    bed

  • 4

    bath

Multi-family not for sale
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About 9609 N 11th Ave

Property type Multi-family
Neighborhood
Year built 1977
HOA fee $0/month
Property description
DRIVE BY ONLY - DO NOT DISTURB TENANTS” 100% occupied with new leases in place. This is a great cash-flowing property that is currently getting top market rents for the area. Four identical 1bed – 1ba units. All units have separate electric meters. Owner pays all utilities. All 4 units have central AC. Two AC units less than 2 years old. This is a workhorse property and is being sold “as is” Submit your highest and best offer. Buyer to verify all facts and figures and perform their own due diligence. All financials released upon an accepted offer.
Listed by
Listing Agent - Stacie C Whitfield
Listing Agent Contact: Azhomes@flatlist.com
Listing Office - Flat List RE
Source: ARMLS mls logo
MLS#5725488 • last updated 8 years ago
Movoto checked ARMLS for data 7 minutes ago
Overview
Cooling/AC Central Air, Ceiling Fan(s)
Heating Heat Pump, Electric, Floor Furnace, Wall Furnace
MLS # 5725488
Type Multiple Dwellings
Status Closed
Property Tax 674.24
Year Built 1977
Interior
Flooring Ceramic Tile
Appliances Free-Standing Range, Disposal, Refrigerator
Exterior
Roof Composition
Construction Wood Frame, Siding
Parking Paved, Free, Add'l Parking Avail, >1 Space Per Unit, 1 Space/Unit
# of Open Parking Spaces 6
Amenities / Utilities
Water Source City Franchise
Sewer/Septic Sewer-In & Connected, Public Sewer
Location
Subdivision FOOTHILL ACRES LOTS 33-48, 58-59
Community Features No Pool
Elementary School Mountain View Elementary School
Elementary School District Washington Elementary District
Middle School Royal Palm Middle School
High School District Glendale Union High School District
High School Sunnyslope High School
APN 158-34-043
Zoning M-H, R-4
Directions From Central, Go West On Hatcher To 11th Ave. Continue North On 11th Ave To Property.
Multifamily Details
Total # of Units 4
Expense: Operating 8097.93
Financial Data Source Projected Proforma
Vacancy Allowance 5
Expense: Insurance 888
Net Operating Income 32728.31
Gross Income 160608
Expense: Electric 3588
Expense: Fuel 955.69
Expense: Trash 1992
Gross Scheduled Income 40152
We are not permitted to show value estimates for this property.
  • Mar 2018
    mls logo MLS # 5725488
  • Mar 24, 2018 Sold
    $244,000
  • Feb 19, 2018 Listed
    $239,000 (+70.7%)
  • Mar 2018
    Public Records
  • Mar 23, 2018 Sold
    $244,000 (+2.1%)
  • Nov 2014
    mls logo MLS # 5153654
  • Nov 21, 2014 Sold
    $140,000 (+1.8%)
  • Nov 2014
    Public Records
  • Nov 5, 2014 Sold
    $137,500
  • Year Property taxes Tax assessment
  • 2024
    $756 +1.9%
    $39,160 -2.83%
  • 2023
    $742 +3.4%
    $40,300 +23.81%
  • 2022
    $718 -1.3%
    $32,550 +42.08%
  • 2021
    $727 +2.6%
    $22,910 +18.09%
  • 2020
    $709 +1.9%
    $19,400 +12.33%
  • 2019
    $696 +2.7%
    $17,270 +22.66%
  • 2018
    $678 +0.5%
    $14,080 +30.25%
  • 2017
    $674 +1.8%
    $10,810 +6.19%
  • 2016
    $662 +8.0%
    $10,180
  • 2015
    $613
    —
  • 9609 N 11th Ave
    $244K
  • North Mountain
    $385K -3% y/y
  • 85021
    $475K -24% y/y
  • Phoenix
    $454K -2% y/y
No chart available
Statistics calculated by Movoto

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7/10
Sunnyslope High School
public Grades 9-12
Glendale Union High School District
Source: GreatSchools.org © 2026. All rights reserved.

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