Duplex with Dual Primary
New
For Sale
$845,000
1434 S 11TH Avenue, Phoenix, AZ 85007
Multiple Dwellings, Phoenix, AZ
Property Size3,334 SF
Price / SF$253.45
Days on Market3
Property Features for 1434 S 11TH Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Bedrooms
8
Bathrooms
14
Full bathrooms
6
Rooms
Bedroom 1, Bathroom 13, Bathroom 9, Bedroom 6, Bedroom 4, Bedroom 7, Bathroom 1, Bathroom 4, Bathroom 7, Bedroom 2, Bedroom 3, Bathroom 10, Bedroom 8, Bedroom 5, Bathroom 14, Bathroom 6, Bathroom 5, Bathroom 3, Bathroom 8, Bathroom 2, Bathroom 11, Bathroom 12
Appliances
Free-Standing Range, Disposal, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Subdivision
HUGHES PLACE
Elementary school
Lowell Elementary School
Middle school
Mary Mcleod Bethune School
High school
Central 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
Take W Buckeye Rd to S 11th Ave destination will be on the right.
Standard status
Active
APN
105-02-155
Additional Details
Tenant in Place
Yes
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 7 HUGHES PLACE MCR 002238
Tax Annual Amount
2876
Legal Description
LOT 7 HUGHES PLACE MCR 002238
Utilities
Sewer type
Public Sewer
Heating system
Forced Air
Cooling system
Central Air
Amenities
EV charging
Building Details
Year built
2024
Number of units
2
Flooring type
Vinyl
Building materials
Wood Frame, Stucco
Roof type
Built-Up
Buildings
1
Listing Agency:
eXp Realty
(888) 897-7821
Listed By:
Maria Enriquez-Camargo
(602) 628-1485
Added: Oct 24
Last Checked: Oct 26 at 10:06AM
MLS# 7098319
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.
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Investment Insights
Based on property information with market context.
Completed in 2024, this Phoenix duplex contains two residences totaling 3,334 square feet. Each home has four bedrooms, 3.5 bathrooms, two primary suites, two laundry areas, and a two-car garage. Interior features include quartz countertops, stainless steel appliances, and vinyl flooring; EV charging is also provided. Central air and forced-air heating serve the property.
One tenant leases both residences under a three-year agreement. The property is zoned R-5 and is located in Phoenix, with Downtown Phoenix, employment centers, entertainment, and freeways described as minutes away.
One tenant leases both residences under a three-year agreement. The property is zoned R-5 and is located in Phoenix, with Downtown Phoenix, employment centers, entertainment, and freeways described as minutes away.
Key Highlights
- Two residences totaling 3,334 square feet
- Each residence has 4 bedrooms, 3.5 bathrooms, and dual primary suites
- One tenant leases both units under a 3‑year agreement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,668
Cap Rate
5.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,360
$873.4K
Cap Rate 7%
$623,829
$623.8K
Cap Rate 9%
$485,200
$485.2K
Market Conditions
NOI Build-Up for 3,334 SF
Gross rent
$66.0K $19.80/SF
− Vacancy
−$3.6K −$1.09/SF
EGI
$62.4K $18.71/SF
− OpEx
−$18.7K −$5.61/SF
NOI
$43.7K $13.10/SF
Area
Phoenix, AZ
Vacancy
5.50%
Lease Rate
$19.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,360
Cap Rate 7%
$623,829
Cap Rate 9%
$485,200
Alternative Uses
Best Use
Multifamily LT 5
$623.8K
$545.9K – $727.8K
NOI $43,668 @ 7.0% cap · market cap 5.17%
Second Best
Apartment 5plus
$555.5K
$486.1K – $648.1K
NOI $38,886 @ 7.0% cap · market cap 4.60%
Theoretical Best
Office A
$1.01M
$883.7K – $1.18M
NOI $70,693 @ 7.0% cap · market cap 8.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
787
Businesses Nearby
Explore this area
Business Placement
Demographics for 85007, AZ
14,442
Population
5,981
Households
2.4
Avg Household Size
36
Median Age
27%
College-Educated
81%
High-School Grad
4.6 sq mi
ZIP Area
3,140
Density / Sq Mi
$55,833
Median Household Income
$43,375
Median Earnings
$1,079
Median Rent
$447,000
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Duplex - Both residences are leased to one tenant under a three-year agreement.
Where is this duplex located?
The property is located at 1434 S 11TH Avenue Phoenix, AZ.
What is the asking price?
The asking price for this property is $845,000.
What are key features of this property?
This property features: Two residences totaling 3,334 square feet; Each residence has 4 bedrooms, 3.5 bathrooms, and dual primary suites; One tenant leases both units under a 3‑year agreement
