$545,000
Phoenix, AZ 85020
MLS# 6658575
1 / 20
Property Description
Searching for the perfect investment opportunity in the charming Sunnyslope neighborhood of Phoenix? Look no further! We are excited to introduce you to a unique property that combines the charm of a duplex with the potential to build a fourplex, all in the heart of Sunnyslope, with fantastic amenities and employment opportunities nearby. see suppliment remarks
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $545,000
List Price: $545,000
Status: Active
List Date: 2024-02-01
Location, Tax & Legal
Assessor's Map #: 2
Assessor's Parcel #: 67
Add'l Parcels: Yes
Tax Municipality: Phoenix
Taxes: 2014
Legal: Legal description supplied by title to govern
Marketing Name: Duplex w/plans four 4-ple
House Number: 8916
Compass: N
Street Name: 11
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85020
County Code: Maricopa
Assessor Number: 160-02-067
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 8
Lot Size Dimensions: irregular
Total # of Units: 2
High School District: Glendale Union High School District
Year Built: 1964
Zoning: R-4
Project Type
Duplex: 1
Other (See Remarks): 1
Construction
Block: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Carpet: 1
Sale Includes
Land & Building: 1
Other (See Remarks): 1
Income & Expenses
Annual Ins Exp: 750
Annual Landscape Exp: 600
Annual Maint Exp: 500
Annual Mgmt Exp: 1560
Annual Wtr/Swr Exp: 1000
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 6424
Other Income: 0
Vacancy Allowance: 0.03
Adjusted Gross Inc: 34803.6
Pmt & Rate Info
Cap Rate: 5.21
Equity: 545000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Lockbox Type
Supra: 1
Community Features
No Pool: 1
Heating
Individual: 1
Heat Pump: 1
Cooling
Ceiling Fan(s): 1
Heat Pump: 1
Individual: 1
Tenant Pays
Electricity: 1
Cable TV: 1
Appliances Included
Free-Standing Range: 1
Refrigerator: 1
Microwave: 1
Source of Fincl Data
Projected Proforma: 1
Books Shwn Accpt Ofr: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Sewer-In & Connected: 1
Parking Features
Free: 1
>1 Space Per Unit: 1
RV Access/Parking: 1
Electric
APS: 1
Individual Meter: 1
Gas
None: 1
Owner Pays
Water: 1
Sewer: 1
Trash Collection: 1
Landscaping: 1
New Financing
VA: 1
Conventional: 1
FHA: 1
No Carry: 1
Reports/Disclosures
Seller Prop Disc Stm: 1
APOD/Backup Avaible: 1
Sch of Personal Prop: 1
Other (See Remarks): 1
Environmental
Other (See Remarks): 1
Efficiency Units
Avg Rent: 0
1 Bedroom Units
# 1 Bedroom Units: 1
Avg Rent: 1250
Avg SqFt: 799
# Baths: 1
2 Bedroom Units
# 2 Bedroom Units: 1
Avg Rent: 1495
Avg SqFt: 1066
# Baths: 15
3 Bedrooms Units
Avg Rent: 0
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: Northern and 12th Street
Directions: 12th Street and Northern
North on 12th Street to west on Townley. North on 11 St and property is on the west side of the street
Geo Lat: 33.566607
Geo Lon: -112.059111
Income Expenses
Gross Annual Sch Inc: 35880
Net Operating Income: 28382
Property Features
Project Type: Duplex; Other (See Remarks)
Construction: Block
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile; Carpet
Sale Includes: Land & Building; Other (See Remarks)
Community Features: No Pool
Appliances Included: Free-Standing Range; Refrigerator; Microwave
Heating: Individual; Heat Pump
Cooling: Ceiling Fan(s); Heat Pump; Individual
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public; Sewer-In & Connected
Electric: APS; Individual Meter
Gas: None
Parking Features: >1 Space Per Unit; RV Access/Parking; Free
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Electricity; Cable TV
Source of Fincl Data: Projected Proforma; Books Shwn Accpt Ofr
Lockbox Type: Supra
New Financing: VA; FHA; Conventional; No Carry
Environmental: Other (See Remarks)
Supplements
**Property Details:**
- 2 Units individually metered for Electric
- Condition: Excellent
- Lot Approval: Ready to Build a Fourplex-all reports and plans included
- Nearby Amenities: Beautiful Park Across the Street
**Duplex Features:**
- Impeccably maintained
- Spacious living areas
- Private outdoor spaces
- Ideal for both owner-occupants and investors
**Fourplex Potential:**
- Approved lot for a fourplex
- Capitalize on the strong demand for multi-family units
- Increase your rental income and investment portfolio
**Neighborhood Highlights:**
- Proximity to top employers in the area
- Convenient access to major highways
- Excellent schools nearby
- Thriving local businesses and restaurants
- Beautiful park right across the street, perfect for outdoor activities
Listing Office: Gerchick Real Estate
Last Updated: September - 10 - 2025
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