8916 N 11 Street, Phoenix AZ 85020
$525,000
Brokerage: Ivy Realty(623) 299-4954
1 / 20Home facts
- Price
- $525,000
- Status
- Active
- Beds
- 3
- Baths
- 3
- Year built
- 1964
- Type
- F
- Pool
- No
- RV gate
- Yes
- Water
- Master Meter, City Franchise
- Sewer
- Sewer - Public, Sewer-In & Connected
- MLS #
- 6658575
Listed by Gerchick Real Estate · 602-688-9279
Courtesy of ARMLS · Presented by Ivy Realty, (623) 299-4954
About this home
Occupied duplex plus a separate rear development parcel at 8916 and 8918 N 11th St, offered together at $525,000. The duplex has one 2BR/1.5BA and one 1BR/1BA residence, totaling approximately 1,865 SF. Both rent for $1,200 monthly, providing $28,800 annual scheduled rent. Current OM expenses of $7,926 produce $20,874 NOI and a 3.98% cap rate. Planning materials depict a proposed rear fourplex of approximately 3,710 SF. Plans are marked Not for Construction; no active building permit is represented. Future development income and costs are excluded from current returns. Buyer to verify parcels, zoning, approvals and feasibility. No seller financing. Do not disturb tenants.
Features
Roof
Composition
Sewer
Sewer - Public, Sewer-In & Connected
Cooling
Ceiling Fan(s), Heat Pump, Individual
Heating
Individual, Heat Pump
Electric
APS, Individual Meter
Flooring
Carpet, Ceramic Tile
WaterSource
Master Meter, City Franchise
ParkingFeatures
RV Access/Parking, Free, >1 Space Per Unit
CommunityFeatures
No Pool
ConstructionMaterials
Painted, Block
Map
Nearby sales
Closed within about ¾ mile in the last 6 months (ARMLS).
| Address | Sold | Price | Beds/Baths | Sq ft | Listing brokerage |
|---|---|---|---|---|---|
| 9424 N 2ND Place | Sep 27, 2026 | $305,500 | 2/1 | 840 | HomeSmart |
| 9115 N 13TH Street | Sep 24, 2026 | $303,500 | 2/1 | 780 | HomeSmart |
| 8819 N 12TH Place | Sep 3, 2026 | $215,000 | 2/2 | 924 | Century 21 Arizona Foothills |
| 125 E GRISWOLD Road | Sep 2, 2026 | $1,900,000 | 5/5 | 3,510 | My Home Group Real Estate |
| 8857 N 12TH Place | Sep 1, 2026 | $210,000 | 2/2 | 1,023 | Fathom Realty Elite |
| 1336 E MOUNTAIN VIEW Road 105 | Aug 30, 2026 | $135,000 | 2/2 | 885 | Realty85 |
Source: ARMLS IDX via Ivy Realty, updated Oct 2, 4:32 PM (Arizona time).
Listing information courtesy of the Arizona Regional Multiple Listing Service (ARMLS). Information deemed reliable but not guaranteed. Copyright ARMLS.
Use of this search or AI does not create an agency relationship. Agency begins only with a written agreement with Ivy Realty.
Ivy Realty · 20325 N 51st Ave, Bldg 5, Ste 134, Glendale, AZ 85308 · (623) 299-4954 · Designated Broker Ivy Clay, License #LC722089000
Equal Housing Opportunity
Licensees: see Ivy Realty plans (100% plan $25/mo + $395 per closed transaction, or 80/20 with $0 monthly and $0 per transaction).