5206 S 11TH Avenue, Phoenix, AZ 85041

$482,000

Welcome to an outstanding investment opportunity in desirable South Phoenix! This beautifully renovated duplex offers the perfect blend of strong cash flow, modern finishes, and strategic location--plus the flexibility to build equity while living rent-free. With two identical side-by-side units currently generating $3,520 in gross monthly rent, this turnkey property… Read More delivers immediate returns with minimal landlord involvement, or pursue a smart owner-occupancy strategy by living in one unit while rental income from the other covers your mortgage. Each spacious 2-bed, 1-bath unit features elegant, high-quality finishes throughout with updated kitchens showcasing white Shaker cabinetry, granite countertops, stainless steel appliances, and recessed lighting that creates a bright, modern aesthetic. Full bathrooms impress with new tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and new dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out with a brand-new roof, new HVAC systems, and freshly updated plumbing and electrical throughout--completed in 2019-2021. The combination of structural integrity and modern efficiency means minimal maintenance concerns for years to come. Each unit boasts private front and backyards--a rare find in the duplex market. The huge fenced back area with convenient gates offers ample space for RV or boat storage, entertaining, or simply enjoying Arizona's stunning sunsets. Separately metered electric and water (yes for water as well) for each unit mean transparent billing and simplified tenant management, while low-maintenance front landscaping keeps curb appeal high without the headache. Current leases expire 12/31/2026 and 11/30/2026, providing excellent timing to implement your desired strategy--whether that's maintaining strong investor cash flow or transitioning to owner-occupancy with flexible rental options. Just minutes from Sky Harbor International Airport and downtown Phoenix, this neighborhood offers unbeatable convenience and is experiencing significant growth with new construction and exciting development projects nearby, positioning this as a strong value play. This is true turnkey real estate--fully occupied, fully renovated, fully metered with an attractive cap rate and low vacancy risk. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Don't miss this rare opportunity to acquire a premium duplex investment with immediate cash flow, modern finishes, location advantages, and the flexibility to customize your ownership strategy. Buyer to verify all facts and figures. Read Less

Courtesy of Fathom Realty 877-661-1977

Listing Snapshot

Days Online

Last Updated

Jun 12, 2026

Property Type

Multiple Dwellings

Year Built

1957

MLS Number

7025341

30 Days Snapshot Of 85041

$385k

+1%

(avg) sold price

-7%

homes sold

+3%

(avg) days on market

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Additional Details

Appliances & Equipment

"Free-Standing Range", "Disposal", "Dishwasher", "Refrigerator", "Microwave", "Washer/Dryer"

Building

Built in 1957, Construction materials: "Wood Frame", "Stucco", 2 total units

Cooling

"Electric"

Floors

"Ceramic Tile", "Vinyl"

Heating

"Electric"

Parking

"Off Street", "RV Access/Parking", "Assigned", "Add'l Parking Avail", ">1 Space Per Unit", 6 total parkings

Property

Zoning: Residential

Roof

"Composition"

Sewer

"Public Sewer"

Taxes

Annual amount: $892, Lot: 83

Utilities

"SRP", "Individual Meter"

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5206 S 11TH Avenue

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