Multi-Family $ 690,000

4640 N 11TH Place

Phoenix, AZ 85014

  • 1947 Year Built
Turnkey multi-family gem in Midtown Phoenix! This unique property offers two fully remodeled 2BD/1BA homes on one lot, perfect for investors seeking strong returns, flexible short or long-term rental options, or a savvy house hacker looking to offset their mortgage. Recent big-ticket upgrades include a complete interior rehab with new paint, floors, kitchens, and baths, plus a new sewer line, roof, electrical panel, AC blower, and condenser fan motor. Each home is fully functional with its own laundry, backyard, and parking. The front home features vintage 1947 charm with cove ceilings, while the rear has a spacious mid-century layout. Proven rental income history and option to purchase fully-furnished make this an unbeatable opportunity to own an income-producing investment from day 1!
Listed by Real Broker

PROPERTY DETAIL

  • Key Details

    Property Type Multi-Family

    Listing Status Active Under Contract

    Purchase Type For Sale

    Subdivision Hixson Homes

    MLS Listing ID 6914316

    Year Built 1947

    Annual Tax Amount $1,348

    Tax Year 2024

    Lot Dimensions 60' x 128.43'

    Source Arizona Regional Multiple Listing Service (ARMLS)

  • Location

    State AZ

    County Maricopa

    Community Hixson Homes

    Area Maricopa

    Zoning [R-3] Multiple

    Direction From Camelback, South on 12th St, Go West on Highland, South on 11th Place. Homes located on West side of street.

  • Building

    Sewer Public Sewer

    Water City Franchise

    New Construction No

  • Interior

    Heating Natural Gas

    Cooling Central Air, Ceiling Fan(s), Individual, 2 or More Units

    Flooring Carpet

    Appliance Free-Standing Range, Disposal, Dishwasher, Refrigerator, Free-Standing Gas Oven, See Remarks, Free-Standing Electric Oven, Microwave, Washer/Dryer, W/D Hookup

  • Exterior

    Parking Features Paved, Free, >1 Space Per Unit, Carport, Boat

    Community Features Shuffle Brd/Lawn Bwl, Play Area, No Pool

    Roof Type Composition

    Private Pool No

  • Schools

    Elementary Schools Madison Camelview Elementary

    Middle Schools Madison Park School

    High Schools North High School

    School District Phoenix Union High School District

  • Others

    Senior Community No

    Tax ID 155-12-070

    Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan

    Disclosures Seller Prop Disc Stm

    Listing Terms Conventional, 1031 Exchange, FHA, VA Loan

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