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For sale
  • $599,999

    509 N 11TH Street, Phoenix, AZ 85006

    2beds
    2baths
    1,050sqft
    : 
    $3,734/mo
    Get pre-qualified
    Multi Family
    Built in 1930
    -- sqft lot
    $-- Zestimate®
    $571/sqft
    $-- HOA

    What's special

    Fully furnishedPrivate entranceStylish modern finishesVersatile denBeautifully renovated
    TWO FULLY FURNISHED AIRBNB RENTALS | COMPLETELY RENOVATED HISTORIC DUPLEX | DOWNTOWN PHOENIX! Rare opportunity to own a beautifully renovated, turnkey multifamily investment property in the heart of Phoenix's desirable Garfield Historic District! Currently operating as TWO separate Airbnb rentals, this charming duplex is being sold FULLY FURNISHED, offering an incredible opportunity for investors looking to expand their short-term rental portfolio or buyers seeking a flexible income property. Each thoughtfully updated residence features 1 bedroom, 1 bathroom, a versatile den, private entrance, and stylish modern finishes that perfectly blend historic neighborhood charm with contemporary comfort. LOCATION IS EVERYTHING! Situated near the vibrant energy of Downtown Phoenix, with convenient access to Chase Field, Mortgage Matchup Center, Roosevelt Row Arts District, the popular First Fridays Art Walk, and an incredible selection of restaurants, coffee shops, breweries, nightlife, and entertainment. Sports fans, concertgoers, and visitors alike will appreciate the proximity to Phoenix's major attractions, while the surrounding Garfield neighborhood offers its own unique historic character. Whether you're looking for an established Airbnb property, furnished short-term or mid-term rental opportunities, a long-term multifamily investment, or the chance to live in one residence while renting the other, the possibilities are exceptional! With BOTH units fully furnished, beautifully renovated, and already operating as vacation rentals, much of the initial setup has been completed. TWO SEPARATE RESIDENCES. ONE INCREDIBLE DOWNTOWN PHOENIX INVESTMENT OPPORTUNITY!
    4 days
    274
    31

    Zillow last checked:

    Listing updated:

    Listed by:

    James Melendy 480-466-1949,

    Realty ONE Group,

    Jodi Melendy 480-818-8242,

    Realty ONE Group

    Source: ARMLS,MLS#: 7099849MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 2
      Heating
      • Forced Air
      Cooling
      • Central Air, Ceiling Fan(s)
      Appliances
      • Included: Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
      Features
      • Flooring: Concrete
      Interior area
      • Total structure area: 1,050
      • Total interior livable area: 1,050 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: <1 Space Per Unit
      • Uncovered spaces: 4
      Lot
      • Size: 3,412 Square Feet
      • Dimensions: 3412
      Details
      • Parcel number: 11626064A
      • Zoning: R-5

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Painted, Stucco
      Condition
      • Year built: 1930

      Utilities & green energy

      • Electric: APS
      • Sewer: Public Sewer
      • Water: City Franchise

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: MT PLEASANT TRACT BLOCKS 2-5
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $571/sqft
      • Tax assessed value: $339,800
      • Annual tax amount: $553
      • Date on market: 10/29/2026
      • Cumulative days on market: 4 days
      • Listing terms: VA Loan,Cash,Conventional,FHA
      • 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

        DateEventPrice
        11/1/2026Price change$2,363-3.1%$2/sqft
        Source: Zillow Rentals Report a problem
        10/30/2026Price change$2,439+3.2%$2/sqft
        Source: Zillow Rentals Report a problem
        10/29/2026Listed for sale$599,9990%$571/sqft
        Source: ARMLS #7099849 Report a problem
        9/25/2026Listed for rent$2,363+7.4%$2/sqft
        Source: Zillow Rentals Report a problem
        9/24/2026Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        8/19/2026Price change$2,200-6.9%$2/sqft
        Source: Zillow Rentals Report a problem
        7/31/2026Listing removed$600,000$571/sqft
        Source: ARMLS #6975038 Report a problem
        7/11/2026Price change$2,363+5%$2/sqft
        Source: Zillow Rentals Report a problem
        6/18/2026Listed for rent$2,250+2.3%$2/sqft
        Source: Zillow Rentals Report a problem
        6/18/2026Listing removed$2,200$2/sqft
        Source: Zillow Rentals Report a problem
        4/23/2026Listed for rent$2,200-2.2%$2/sqft
        Source: Zillow Rentals Report a problem
        4/20/2026Listing removed$2,250$2/sqft
        Source: Zillow Rentals Report a problem
        4/18/2026Listed for rent$2,250+45.2%$2/sqft
        Source: Zillow Rentals Report a problem
        1/30/2026Listed for sale$600,000+13.9%$571/sqft
        Source: ARMLS #6975038 Report a problem
        12/2/2024Sold$527,000+0.4%$502/sqft
        Source: ARMLS #6753867 Report a problem
        10/18/2024Price change$524,900-1.9%$500/sqft
        Source: ARMLS #6753867 Report a problem
        10/6/2024Price change$534,900-1.8%$509/sqft
        Source: ARMLS #6753867 Report a problem
        9/26/2024Price change$544,900-0.9%$519/sqft
        Source: ARMLS #6753867 Report a problem
        9/6/2024Listed for sale$549,900+77.4%$524/sqft
        Source: ARMLS #6753867 Report a problem
        1/28/2024Listing removed--
        Source: Zillow Rentals Report a problem
        12/28/2023Price change$1,550-6.1%$1/sqft
        Source: Zillow Rentals Report a problem
        10/31/2023Listed for rent$1,650$2/sqft
        Source: Zillow Rentals Report a problem
        8/31/2020Sold$310,000-1.6%$295/sqft
        Source: ARMLS #6077108 Report a problem
        7/21/2020Pending sale$315,000$300/sqft
        Source: HomeSmart #6077108 Report a problem
        7/21/2020Listed for sale$315,000$300/sqft
        Source: HomeSmart #6077108 Report a problem
        7/21/2020Pending sale$315,000+142.3%$300/sqft
        Source: HomeSmart #6077108 Report a problem
        12/5/2016Sold$130,000+2.3%$124/sqft
        Source: Public Record Report a problem
        3/27/2006Sold$127,100$121/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$553 +6.2%$33,980 +3.9%
        2024$521 +1%$32,710 +825.8%
        2023$516 +3.7%$3,533 -76.7%
        2022$498 -0.4%$15,160 +24%
        2021$499 +0.1%$12,230 +19.3%
        2020$499 +1.8%$10,250 +19.9%
        2019$490 $8,550 +17.6%
        2018$490 +2.4%$7,270 +7.5%
        2017$479 +11.3%$6,760 +43.5%
        2016$430 -1.3%$4,710 +27.3%
        2015$436 $3,700 +15.6%
        2014-- $3,200 +62.4%
        2013-- $1,970 -20.2%
        2012-- $2,470 -50.3%
        2011-- $4,970 -15.2%
        2010-- $5,860 -22.9%
        2009-- $7,600 -20.3%
        2008-- $9,530 +26.2%
        2007-- $7,550 +28%
        2006-- $5,900
        2005-- $5,900 +38.8%
        2004-- $4,250
        2003-- $4,250 +41.7%
        2002-- $3,000
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Central City

        Getting around

        71 / 100
        Very Walkable
        60 / 100
        Good Transit
        83 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • 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.

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