4132 N 11th StreetPhoenix, AZ 85014

Description

Rare opportunity to own a newly built, permitted duplex completed in 2025, offering immediate turnkey rental income with furnished tenants secured through August 2027. The property totals approximately 1,947 sq ft and includes a 1,102 sq ft main residence plus a separately metered 845 sq ft second unit. The main unit features 2 bedrooms and is leased for $2,300/month, while the second unit offers 3 bedrooms and is leased for $2,820/month, generating a combined $5,120/month in rental income. Both units feature modern finishes, private yards, dedicated parking for two vehicles, and low-maintenance designs. Separate electric meters provide convenient utility separation between units. Ideally located near Downtown Phoenix, major hospitals, employment centers, shopping, dining, and major freeway access, this property offers excellent convenience for tenants and strong appeal for investors. A unique opportunity to acquire a 2025-built duplex with established rental income, modern construction, separate utilities, and minimal maintenance requirements. Whether you're looking for a turnkey investment or a property with flexible living and income potential, this duplex is ready to perform. Newly constructed duplex with identical property features and similar leases available for sale next door, 4136 N 11th St.

Property Information

Property type

Residential Income

Sub-type

Multi Family

Year built

2025

Lot dimensions

70' x 99.75'

Parking spaces

2

Zoning

R4

Days on market

19

Listing #

7079145

Property Features

Appliances

Free-Standing Range · Refrigerator · Dishwasher · Disposal · Microwave · Washer/Dryer

Cooling

Central Air

Heating

Electric

Flooring

Concrete

Parking

Other

Construction

Wood Siding

Roof

Composition

Sewer

Public Sewer

Water source

Public

Schools

Elementary

Longview Elementary School

Middle

Longview Elementary School

High

North High School

Financial Details

Annual taxes

$833Tax year 2025

Parcel number

155-16-036-E

Directions

West on Indian School Rd, turn right on 11th St. House will be on left prior to Devonshire Ave.