For sale

Price cut: $10K (7/27)

$529,000

11231 N 18TH Drive, Phoenix, AZ 85029

6beds

4baths

2,960sqft

$3,222/mo

Get pre-qualified

Multi Family

Built in 1973

-- sqft lot

$-- Zestimate^®

$179/sqft

$-- HOA

What's special

MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.

116 days
214
13

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 6
Bathrooms: 4

Heating

Electric, Natural Gas

Cooling

Electric

Appliances

Included: Free-Standing Range, Refrigerator

Features

Flooring: Tile, Laminate

Interior area

Total structure area: 2,960
Total interior livable area: 2,960 sqft

Property

Parking

Total spaces: 8
Parking features: Off Street
Uncovered spaces: 8

Lot

Size: 0.29 Acres
Dimensions: 12850 sf

Details

Parcel number: 15912037F
Zoning: R-3

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Painted, Stucco, Block
Roof: Composition

Condition

Year built: 1973

Utilities & green energy

Electric: APS, Individual Meter
Sewer: Public Sewer
Water: Master Meter, City Franchise

Community & HOA

Community

Features: Other

Location

Region: Phoenix

Financial & listing details

Price per square foot: $179/sqft
Tax assessed value: $573,600
Annual tax amount: $1,549
Date on market: 5/11/2026
Cumulative days on market: 116 days
Listing terms: No Carry,Conventional
Ownership: Fee Simple
Electric utility on property: Yes
Road surface type: Asphalt

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
7/27/2026	Price change	$529,000-1.9%$179/sqft
Source: ARMLS #7026645 Report a problem
6/19/2026	Price change	$539,000-5.3%$182/sqft
Source: ARMLS #7026645 Report a problem
5/21/2026	Price change	$569,000-5%$192/sqft
Source: ARMLS #7026645 Report a problem
5/11/2026	Listed for sale	$599,000+476%$202/sqft
Source: ARMLS #7026645 Report a problem
11/9/2012	Sold	$104,000+22.4%$35/sqft
Source: ARMLS #4811665 Report a problem
8/31/2012	Listed for sale	$85,000-2.9%$29/sqft
Source: Citywide Real Estate #4811665 Report a problem
10/3/1994	Sold	$87,500$30/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,526 +3.9%	$57,360 -5.4%
2024	$1,469 +1.8%	$60,650 +448.7%
2023	$1,443 +2%	$11,053 -66.9%
2022	$1,416 +1.3%	$33,430 +20.6%
2021	$1,398 +1.9%	$27,730 +14.8%
2020	$1,373 +2.7%	$24,160 +16.1%
2019	$1,337	$20,810 +20.2%
2018	$1,337 +0.5%	$17,320 +22.2%
2017	$1,330 +10%	$14,170 +4.4%
2016	$1,209 -4.4%	$13,570 +16.5%
2015	$1,265	$11,650 +24.5%
2014	--	$9,360 +46.7%
2013	--	$6,380 -2.9%
2012	--	$6,570 -32.1%
2011	--	$9,670 -38.1%
2010	--	$15,610 -39.3%
2009	--	$25,720 +0.6%
2008	--	$25,570 +11.7%
2007	--	$22,900 +44.5%
2006	--	$15,850
2005	--	$15,850 +19.6%
2004	--	$13,250
2003	--	$13,250 +69.9%
2002	--	$7,800