**GARFIELD DISTRICT** is culturally-rich, w/HISTORICAL significance, mixed w/CONTEMPORARY community-life, PERFECTLY located IN-THE-HEART-OF-DOWNTOWN-PHOENIX's urban-landscape**EXCEPTIONAL-OPPORTUNITY** (2) units are 1 bd/1 bath & (2) units are Studio-flats~ALL units have GAS ranges, & FULL size STACKABLE washer/dryers~Units are submetered for Electric and Gas which Tenants pay~Each unit has Central air-conditioning systems~Duplexes & 4-Plexes in the area are selling upwards of $850K and vacant-lots in the area are listed over $1 million~This HISTORIC property was built-in 1960 & has been renovated throughout the years, it holds STRONG, cash-flow and LONG-TERM appreciation potential~This 4-Plex is A HIDDEN-GEM located in the reimagined, downtown, Phoenix, BOOMING rental-market! Located in the Garfield Historic District, one of the most desirable and rapidly evolving areas near Downtown Phoenix, this well-maintained 4-plex offers strong cash flow and long-term
appreciation potential.
Property Highlights:
4 total units
(2) One-Bedroom / One-Bath units
(2) Studio units
Central air conditioning in all units
Gas ranges
Full-size stackable washer/dryers in each unit
Electric and gas sub-metered (tenants pay utilities)
Renovated and maintained over the years
Investment Highlights:
Strong potential rental-yield (7%)
Located minutes from downtown employment, hospitals, universities, and entertainment
High demand rental market in central Phoenix
Comparable duplexes and four-plexes in the area selling over $800K
Nearby redevelopment and vacant land listings exceeding $1M
Value-Add Potential
Opportunity to increase rents over time in a rapidly appreciating neighborhood
Potential to further enhance units for additional upside
Desirable location for long-term rental demand
Location:
Situated in the vibrant Garfield neighborhood, known for its historic charm, arts community, and
proximity to downtown Phoenix, the property benefits from continued urban revitalization and strong
tenant demand.
Ideal for investors seeking cash flow + appreciation potential in one of Phoenix's most dynamic central neighborhoods.
Accepting backups
$649,000
502 N 11TH Street, Phoenix, AZ 85006
2beds
2baths
1,600sqft
Multi Family
Built in 1960
-- sqft lot
$-- Zestimate®
$406/sqft
$-- HOA
What's special
Gas ranges
- 255 days |
- 136 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Sherry A McQueen 602-672-0872,
CTS Realty,
Chalyce McQueen 602-525-5665,
CTS Realty
Source: ARMLS,MLS#: 6938774
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
Heating
- Heat Pump, Electric
Cooling
- Central Air, Ceiling Fan(s), Individual
Appliances
- Included: Refrigerator, Free-Standing Gas Oven, Washer/Dryer
Features
- Flooring: Tile
Interior area
- Total structure area: 1,600
- Total interior livable area: 1,600 sqft
Property
Parking
- Total spaces: 4
- Parking features: Paved, On Street
- Uncovered spaces: 4
Features
- Exterior features: Sidewalk(s)
Lot
- Dimensions: 99.83 x 70.26 x 99.77 x 70.26
Details
- Parcel number: 11626102
- Zoning: Multi-Family
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Painted, Block
- Roof: Composition
Condition
- Year built: 1960
Utilities & green energy
- Electric: APS, Individual Meter
- Sewer: Public Sewer
- Water: Master Meter
Community & HOA
Community
- Features: No Pool
- Subdivision: MT PLEASANT TRACT BLOCKS 2-5
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $540,700
- Annual tax amount: $1,288
- Date on market: 10/25/2025
- Cumulative days on market: 254 days
- Listing terms: Conventional,1031 Exchange
- Ownership: Fee Simple
- Electric utility on property: Yes
- Road surface type: Asphalt
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Price change | $649,000-3.8%$406/sqft |
Source:  ARMLS #6938774 Report a problem | ||
| 11/21/2025 | Price change | $674,500-2.1%$422/sqft |
Source: ARMLS #6938774 Report a problem | ||
| 10/26/2025 | Listed for sale | $689,000+1431.1%$431/sqft |
Source: ARMLS #6938774 Report a problem | ||
| 7/5/2011 | Sold | $45,000+0.2%$28/sqft |
Source: ARMLS #4583091 Report a problem | ||
| 6/9/2011 | Price change | $44,900-10%$28/sqft |
Source: Realty Executives #4583091 Report a problem | ||
| 5/6/2011 | Price change | $49,900+100.4%$31/sqft |
Source: foreclosure.com Report a problem | ||
| 5/1/2011 | Listed for sale | -- |
Source: foreclosure.com Report a problem | ||
| 3/19/2011 | Listing removed | $24,900$16/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 3/18/2011 | Price change | $24,900-43.4%$16/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 12/12/2010 | Price change | $44,000-20%$28/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 12/5/2010 | Price change | $55,000-15.3%$34/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 10/22/2010 | Price change | $64,900-7.2%$41/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 9/12/2010 | Listed for sale | $69,900-9.8%$44/sqft |
Source: Better Homes Realty Arizona #4457137 Report a problem | ||
| 3/12/2000 | Sold | $77,500+40.7%$48/sqft |
Source: ARMLS #1451278 Report a problem | ||
| 3/26/1999 | Sold | $55,100+67%$34/sqft |
Source: Public Record Report a problem | ||
| 3/29/1994 | Sold | $33,000$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,288 +6.2% | $54,070 -4.2% |
| 2024 | $1,213 +1% | $56,430 +586% |
| 2023 | $1,201 +3.7% | $8,226 -70.5% |
| 2022 | $1,158 -0.4% | $27,910 +21.3% |
| 2021 | $1,163 +0.2% | $23,010 +19.3% |
| 2020 | $1,161 +1.7% | $19,280 +30.3% |
| 2019 | $1,141 | $14,800 +21.6% |
| 2018 | $1,141 +2.4% | $12,170 -0.5% |
| 2017 | $1,115 +11.3% | $12,230 +30.5% |
| 2016 | $1,002 +0.8% | $9,370 +20.6% |
| 2015 | $994 | $7,770 +10.2% |
| 2014 | -- | $7,050 +49.4% |
| 2013 | -- | $4,720 -8.3% |
| 2012 | -- | $5,150 -28.1% |
| 2011 | -- | $7,160 -27.2% |
| 2010 | -- | $9,830 -36.2% |
| 2009 | -- | $15,410 -0.3% |
| 2008 | -- | $15,460 +25.2% |
| 2007 | -- | $12,350 +26% |
| 2006 | -- | $9,800 |
| 2005 | -- | $9,800 +39% |
| 2004 | -- | $7,050 |
| 2003 | -- | $7,050 +34.3% |
| 2002 | -- | $5,250 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 6/10Garfield SchoolGrades: PK-8Distance: 0.4 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.7 mi
Schools provided by the listing agent
- Elementary: Garfield School
- Middle: Garfield School
- High: North High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85006
- Central City
- 502 N 11TH Street
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