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Furnished Historic Duplex
New
For Sale
$599,999

509 N 11TH Street, Phoenix, AZ 85006

Multiple Dwellings, Phoenix, AZ

Property SizeContact for details
Days on Market1

Property Features for 509 N 11TH Street

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-5
Bedrooms 8
Rooms Bedroom 7, Bedroom 2, Bedroom 1, Bedroom 5, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 4
Appliances Disposal, Dishwasher, Refrigerator, Built-In Electric Oven, Microwave, Washer/Dryer
Subdivision MT PLEASANT TRACT BLOCKS 2-5
Elementary school district Phoenix Elementary District
Middle school district Phoenix Union High School District
High school district Phoenix Union High School District
Directions Head east on E Van Buren St, Turn left onto North 11th St. Property will be on the right.
Standard status Active
APN 116-26-064-A

Additional Details

Currently Operating Yes

Taxes and HOA fees

Tax Year 2025
Tax Description MT PLEASANT TR LOT 1 BLK 4 N2
Tax Annual Amount 553
Legal Description MT PLEASANT TR LOT 1 BLK 4 N2

Utilities

Sewer type Public Sewer
Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s)

Building Details

Year built 1930
Number of units 2
Flooring type Concrete
Building materials Wood Frame, Painted, Stucco
Roof type Rolled Hot Mop
Buildings 1
Listing Agency: Realty ONE Group
Listed By: James Melendy
Added: Oct 29 Last Checked: Oct 29 at 9:06PM
MLS# 7099849

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.

Rey
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Investment Insights

Based on property information with market context.

Built in 1930, this duplex contains two separate residences, each arranged with one bedroom, one bathroom, a den, and a private entrance. Both units are furnished and currently operate as Airbnb rentals. Renovations and furnishings are in place, and the property is zoned R-5.

The property is in Phoenix, near Downtown Phoenix, Chase Field, Mortgage Matchup Center, and the Roosevelt Row Arts District. First Fridays and nearby restaurants, coffee shops, breweries, and entertainment add to the surrounding mix.

Key Highlights

  • Two residences, each with one bedroom, one bathroom, a den, and a private entrance
  • Both furnished units currently operate as Airbnb rentals
  • Built in 1930 and zoned R‑5

Property Analytics

Who owns this building? See the owner, sales and loan history
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Lease Details

2
Residential units

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
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?
Duplex - Two separate furnished residences are operating as short-term rentals.
Where is this duplex located?
The property is located at 509 N 11TH Street Phoenix, AZ.
What is the asking price?
The asking price for this property is $599,999.
What are key features of this property?
This property features: Two residences, each with one bedroom, one bathroom, a den, and a private entrance; Both furnished units currently operate as Airbnb rentals; Built in 1930 and zoned R‑5
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Includes: Price & PSF · Cap rate · Location · Zoning

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