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Renovated Four-Unit Property
For Sale
$649,000

502 N 11TH Street, Phoenix, AZ 85006

MULTI_FAMILY - Phoenix, AZ

Property SizeContact for details
Days on Market303

Property Features for 502 N 11TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Multi-Family
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bedroom 4, Bathroom 4, Bedroom 1, Bathroom 1
Parking features On Street
Exterior features Sidewalk(s)
Appliances Refrigerator, Free-Standing Gas Oven, Washer/Dryer
Subdivision MT PLEASANT TRACT BLOCKS 2-5
Elementary school Garfield School
Middle school Garfield School
High school North High School
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Roosevelt to 11th ST, South to Taylor, Property is located on the corner of Taylor and 11th ST
Standard status Active
APN 116-26-102

Taxes and HOA fees

Tax Year 2025
Tax Description MT PLEASANT TR PT LOTS 7 & 8 BLK 5 S 70'
Tax Annual Amount 1288
Legal Description MT PLEASANT TR PT LOTS 7 & 8 BLK 5 S 70'

Utilities

Sewer type Public Sewer
Heating system Heat Pump (Heating), Electric (Heating)
Cooling system Ceiling Fan(s), Central Air

Amenities

central air conditioning
gas ranges
stackable washer/dryers

Building Details

Year built 1960
Number of units 4
Flooring type Tile
Building materials Painted, Block
Roof type Composition
Listing Agency: CTS Realty
Listed By: Sherry A McQueen
Added: Oct 25, 2025 Changed: Aug 5 Last Checked: Aug 23 at 1:06AM
MLS# 6938774

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This four-unit residential property includes two one-bedroom, one-bath residences and two studio apartments. Each unit is equipped with a gas range, full-size stackable washer and dryer, and central air conditioning. Gas and electric service are submetered, with tenants responsible for those utilities. The property was built in 1960 and has received updates over time, including new exterior paint and an acrylic elastomeric roof coating backed by a 5-year transferable warranty.

Located in Phoenix’s Garfield Historic District, the property is near the city’s downtown area and benefits from nearby sidewalks, public sewer service, and on-street parking. The building has painted block construction, tile flooring, composition roofing, and electric heat-pump systems. Multi-Family zoning supports its current residential configuration.

Key Highlights

  • 4 total units: 2 one‑bedroom/one‑bath units and 2 studio units
  • Central air conditioning, gas ranges, and full‑size stackable washers/dryers in every unit
  • Electric and gas submetering with tenants paying utility usage

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Veterinary Clinic (Bike/Boat/Book/etc) Store Tanning Salon Butcher Restaurant Mobile Phone Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,307
Businesses Nearby

Demographics for 85006, AZ

23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - Four residential units with central air, in-unit laundry, and separately metered gas and electric service.
Where is this quadplex located?
The property is located at 502 N 11TH Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: 4 total units: 2 one‑bedroom/one‑bath units and 2 studio units; Central air conditioning, gas ranges, and full‑size stackable washers/dryers in every unit; Electric and gas submetering with tenants paying utility usage
More about this property
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