Listing Details:
Listing ID: 6658575
Updated: 10/14/2026 8:44am
| Status | Active/For Sale |
| Days On Market | 974 |
| Taxes | $2,122.00 |
| HOA | N/A |
| Type | N/A |
| Open Parking | 8 |
| Year Built | 1964 |
| Lot Size | 0.00 |
| County | Maricopa |
| Listed By | Gerchick Real Estate |
Description:
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.
Property Location:
Listed By: Gerchick Real Estate | Linda S Gerchick 602-688-9279
Source: ARMLS
All information should be verified by the recipient, and none is guaranteed as accurate by ARMLS.
