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5-Unit Apartment Building
For Sale
$949,900

11230 North 17th Avenue, Phoenix, AZ 85029

Vacant apartment asset with fire damage and a full renovation requirement.

Property SizeContact for details
Days on Market276

Property Features for 11230 North 17th Avenue

General Information

Standard status Active
Property subtype Multiple Dwellings
Zoning R-3
Net Operating Income $70,650

Property Condition

Severity Major Repairs Needed
Evidence fire damages

Site & Location

Neighborhood North Mountain

Additional Details

Multifamily Units 5

Taxes and HOA fees

Annual Taxes $1,919

Amenities

Electric
Forced Air
Tile
Yes
10
Composition
See Remarks
1
5
Wood Frame, Stucco

Building Details

Year Built 1983
Listing Agency: West USA Realty
Listed By: Ron Erick Schmidt · License #SA671980000
Source: Compass
Added: Jan 29 Changed: Oct 26 Last Checked: Oct 30 at 5:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of West USA Realty

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment building is being offered vacant, providing possession for a comprehensive renovation. The property sustained fire damage connected to a fire on the neighboring property in December 2024.

Located at 11230 N 17th Ave in Phoenix, Arizona, the asset is positioned for redevelopment through a full property renovation. Its five-unit configuration provides a defined multifamily building format for evaluating the scope of restoration and future use.

Key Highlights

  • 5‑unit apartment building
  • Offered completely vacant
  • Fire damage from a neighboring‑property fire in December 2024

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

662
Businesses Nearby

Demographics for 85029, AZ

47,101
Population
19,723
Households
2.4
Avg Household Size
35
Median Age
22%
College-Educated
82%
High-School Grad
9.4 sq mi
ZIP Area
5,011
Density / Sq Mi
$60,384
Median Household Income
$37,282
Median Earnings
$1,319
Median Rent
$307,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Vacant apartment asset with fire damage and a full renovation requirement.
Where is this apartment building located?
The property is located at 11230 North 17th Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $949,900.
What are key features of this property?
This property features: 5‑unit apartment building; Offered completely vacant; Fire damage from a neighboring‑property fire in December 2024
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