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For sale
  • Price cut: $1K (7/24)
    $481,000

    5206 S 11TH Avenue, Phoenix, AZ 85041

    4beds
    2baths
    1,770sqft
    : 
    $2,865/mo
    Get pre-qualified
    Multi Family
    Built in 1957
    -- sqft lot
    $-- Zestimate®
    $272/sqft
    $-- HOA

    What's special

    Contemporary fixturesUpdated kitchensUpdated vanitiesAbundant natural lightWhite shaker cabinetryPrivate front and backyardsGranite countertops
    Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units which can generate upto $3,500+ in gross monthly rent, this turnkey property delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current lease expire 12/31/2026 for one unit and other unit is vacant, provides excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate- fully renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.
    112 days
    224
    14

    Zillow last checked:

    Listing updated:

    Listed by:

    Ari Verma 520-979-4301,

    Fathom Realty

    Source: ARMLS,MLS#: 7025341MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 2
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
      Features
      • Flooring: Ceramic Tile, Vinyl
      Interior area
      • Total structure area: 1,770
      • Total interior livable area: 1,770 sqft

      Property

      Parking
      • Total spaces: 6
      • Parking features: Off Street, RV Access/Parking, Assigned, Add'l Parking Avail, >1 Space Per Unit
      • Uncovered spaces: 6
      Lot
      • Size: 8,364 Square Feet
      • Dimensions: 68 x 123
      Details
      • Parcel number: 10579157
      • Zoning: Residential

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      Materials
      • Wood Frame, Stucco
      • Roof: Composition
      Condition
      • Year built: 1957

      Utilities & green energy

      • Electric: SRP, Individual Meter
      • Sewer: Public Sewer
      • Water: Individual Meter

      Community & HOA

      Community
      • Features: No Pool
      • Subdivision: HIGHLAND PARK SUB PLAT 5
      Location
      • Region: Phoenix

      Financial & listing details

      • Price per square foot: $272/sqft
      • Annual tax amount: $892
      • Date on market: 5/8/2026
      • Cumulative days on market: 113 days
      • Listing terms: Conventional,1031 Exchange,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
        7/24/2026Price change$481,000-0.2%$272/sqft
        Source: ARMLS #7025341 Report a problem
        5/8/2026Listed for sale$482,000$272/sqft
        Source: ARMLS #7025341 Report a problem
        12/25/2025Listing removed$1,699$1/sqft
        Source: Zillow Rentals Report a problem
        12/6/2025Listed for rent$1,699$1/sqft
        Source: Zillow Rentals Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

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

        Climate risks

        Neighborhood: South Mountain

        Getting around

        44 / 100
        Car-Dependent
        46 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Roosevelt 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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