509 N 11TH Street, Phoenix, AZ 85006

$599,999

Property Type: Multiple Dwellings Bedrooms: 2 Baths: 2 Status: Active

Current Price: $599,999 Last Modified: 10/30/2026

Overview

Description

TWO FULLY FURNISHED AIRBNB RENTALS | COMPLETELY RENOVATED HISTORIC DUPLEX | DOWNTOWN PHOENIX! Rare opportunity to own a beautifully renovated, turnkey multifamily investment property in the heart of Phoenix's desirable Garfield Historic District! Currently operating as TWO separate Airbnb rentals, this charming duplex is being sold FULLY FURNISHED, offering an incredible opportunity for investors looking to expand their short-term rental portfolio or buyers seeking a flexible income property. Each thoughtfully updated residence features 1 bedroom, 1 bathroom, a versatile den, private entrance, and stylish modern finishes that perfectly blend historic neighborhood charm with contemporary comfort. LOCATION IS EVERYTHING! Situated near the vibrant energy of Downtown Phoenix, with convenient

Supplements: access to Chase Field, Mortgage Matchup Center, Roosevelt Row Arts District, the popular First Fridays Art Walk, and an incredible selection of restaurants, coffee shops, breweries, nightlife, and entertainment. Sports fans, concertgoers, and visitors alike will appreciate the proximity to Phoenix's major attractions, while the surrounding Garfield ... (Read more)

Listing Details MLS# 7099849

Location, Tax & Legal

House Number: 509
Compass: N
Street Name: 11TH
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3320
Country: US
County Code: Maricopa
Subdivision: MT PLEASANT TRACT BLOCKS 2-5
Assessor Number: 116-26-064-A
Tax Year: 2025
Assessor's Map #: 26
Legal Description (Abbrev): MT PLEASANT TR LOT 1 BLK 4 N2
Assessor's Parcel #: 64
Assessor Parcel Ltr: A
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 113202
Taxes: 553
Legal: MT PLEASANT TR LOT 1 BLK 4 N2
Marketing Name: Garfield District

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: 3412
Year Built: 1930
Uncvrd Parking Spcs: 4
Total # of Units: 2
# of Buildings: Yes
Zoning: R-5
Flood Zone: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District

Remarks Misc

Cross Street: Van Buren St & 7th St
Directions: Head east on E Van Buren St, Turn left onto North 11th St. Property will be on the right.

Legal Info

Township: 1N
Range: 3E
Section: 4
Lot Number: 1 4

Efficiency Units

# Efficiency Units: 2
Avg Rent: 1700
Avg SqFt: 525
# Baths: Yes

More Information

Structure

Bedrooms Total: 2
Bathrooms Total: 2

Income Expenses

Gross Annual Sch Inc: 41000
Net Operating Income: 516

Showing Notification Methods

Showing Service: Aligned Showings
Text: Yes
Email: Yes
Phone Call: Yes

Project Type

Duplex: Yes

1 Bedroom Units

Avg Rent: 0

2 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Other Type

House + Rental Units: Yes

Construction

Wood Frame: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Rolled: Yes

Floors

Concrete: Yes

Sale Includes

Land & Building: Yes

Income & Expenses

Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 553
Other Income: 0
Vacancy Allowance: 0
Adjusted Gross Inc: 41000

Pmt & Rate Info

Cap Rate: 0.09
Equity: 599999
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0

Lockbox Type

Supra: Yes

Community Features

No Pool: Yes

Heating

Forced Air: Yes

Cooling

Ceiling Fan(s): Yes
Central Air: Yes

Tenant Pays

Other (See Remarks): Yes

Appliances Included

Built-In Electric Oven: Yes
Dishwasher: Yes
Disposal: Yes
Microwave: Yes
Refrigerator: Yes
Washer/Dryer: Yes

Road Access Type

City Street: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Owner: Yes

Road Responsibility

City Maintained Road: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

<1 Space Per Unit: Yes

Electric

APS: Yes

Gas

None: Yes

Owner Pays

Other: Yes

New Financing

Cash: Yes
VA: Yes
Conventional: Yes
FHA: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Reports/Disclosures

Seller Prop Disc Stm: Yes

Environmental

None: Yes

Property Features

Project Type: Duplex Other Type: House + Rental Units Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Rolled Floors: Concrete Sale Includes: Land & Building Community Features: No Pool Appliances Included: Built-In Electric Oven; Refrigerator; Dishwasher; Disposal; Microwave; Washer/Dryer Heating: Forced Air Cooling: Ceiling Fan(s); Central Air Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: None Parking Features: <1 Space Per Unit Road Access Type: City Street Road Surface Type: Asphalt Road Responsibility: City Maintained Road Owner Pays: Other Tenant Pays: Other (See Remarks) Source of Fincl Data: Owner Showing Notification Methods: Text; Email; Phone Call Lockbox Type: Supra Existing 1st Loan: Treat as Free&Clear New Financing: Cash; VA; FHA; Conventional Environmental: None

Listing Office: Realty ONE Group

Office Phone: 623-236-1414

Office Email: ron.copus@realtyonegroup.com

Last Updated: October - 30 - 2026