Ownership: Fee Simple
Current Price: $749,000
Sold Price: $749,000
Status: Closed
List Date: 2025-08-13
Unit #: 1 & 2
Assessor's Map #: 3
Legal Description (Abbrev): LOT 7 WALKER SUB MCR 000310
Assessor's Parcel #: 28
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 114301
Taxes: 5868
Legal: LOT 7 WALKER SUB MCR 000310
Marketing Name: Walker Sub
House Number: 116
Compass: N
Street Name: 11TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2741
County Code: Maricopa
Subdivision: WALKER SUB
Assessor Number: 112-03-028
Tax Year: 2024
# of Buildings: 1
Uncvrd Parking Spcs: 2
Lot Size Dimensions: 51 X 124
Flood Zone: No
Total # of Units: 2
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Capitol Elementary School
Jr. High School: Capitol Elementary School
High School: Central High School
Year Built: 2021
Zoning: R-5
Range: 3E
Section: 7
Township: 1N
Lot Number: 7
Board & Batten Siding: 1
Painted: 1
Stucco: 1
Building(s) Only: 1
Laundry Equipment: 1
Annual Mgmt Exp: 3154
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 9022
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 50513.4
Cap Rate: 5.43
Down Payment %: 5
Monthly Payments: 1
Total Owed: 0
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Ceiling Fan(s): 1
Electric: 1
Landscape Water System: 1
Desert Landscaping: 1
Fenced: 1
Patio/Balcony: 1
Security Light(s): 1
Fire/Smoke Alarm(s): 1
Mini Blinds: 1
Breakfast Bar: 1
Water: 1
Electricity: 1
Trash Collection: 1
Cable TV: 1
Dishwasher: 1
Disposal: 1
Microwave: 1
Refrigerator: 1
Free-Standing Range: 1
Washer/Dryer: 1
W/D Hookup: 1
Garage: 1
On Street: 1
>1 Space Per Unit: 1
Paved: 1
Assigned: 1
Water: 1
Trash Collection: 1
Landscaping: 1
Cash: 1
VA: 1
Conventional: 1
FHA: 1
1031 Exchange: 1
# 3 Bedroom Units: 2
Avg Rent: 2395
Avg SqFt: 1515
# Baths: 3
Loan Type: VA
Loan Years: 30
Closing Cost Split: Normal - N
Payment Type: Fixed
Buyer Concession to Seller: 0
Buyer Concession $/%: %
Seller Concession to Buyer: 1.5
Seller Concession $/%: %
Cross Street: W Adams St. & N 11th Ave.
Directions: South on N 7th Ave. West on W Adams St. North on N 11th Ave. Duplex is on the left hand side.
Geo Lat: 33.449834
Geo Lon: -112.087366
Off Market Date: 2025-10-22
Under Contract Date: 2025-10-21
Close of Escrow Date: 2025-11-19
Sold Price: $749,000
Gross Annual Sch Inc: 53172
Net Operating Income: 43159.4
Project Type: Duplex
Construction: Wood Frame
Const - Finish: Board & Batten Siding; Painted; Stucco
Roofing: Composition
Floors: Vinyl
Sale Includes: Building(s) Only; Laundry Equipment
Community Features: No Pool
Exterior Amenities: Landscape Water System; Desert Landscaping; Fenced; Patio/Balcony; Security Light(s)
Interior Features: Fire/Smoke Alarm(s); Mini Blinds; Breakfast Bar
Appliances Included: Free-Standing Range; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer; W/D Hookup
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise
Sewer: Sewer - Public
Electric: APS
Gas: None
Parking Features: Garage; On Street; >1 Space Per Unit; Assigned; Paved
Road Access Type: Alley
Road Surface Type: Asphalt
Owner Pays: Water; Trash Collection; Landscaping
Tenant Pays: Water; Electricity; Trash Collection; Cable TV
Source of Fincl Data: Owner
Special: Owner/Agent
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Conventional
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Environmental: None