MLS# 7026645 – 11231 N 18th Drive, Phoenix, AZ 85029

Price: $529,000
Units: 4
Status: Active
Year Built: 1973
Days on Website: 118

Courtesy of Wealth Builder Real Estate Services

Property Description

MOTIVATED SELLER Nice 4-plex with great upside income potential. Mix of 2 1 bed and 2 2bed units each with separate backyard area for privacy. All 4 units currently rented with long term tenants and each are on month to month leases. Storage room partially converted to studio unit and may be able to provide additional income producing unit. Tenant occupied property, Drive by only, PLEASE DO NOT CONTACT OR DISTURB THE TENANTS REGARDING SALE OF THE PROPERTY.

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Property Details and Features

  • Property Access
  • Road Surface: Asphalt
  • Appliances & Equipment
  • Free-Standing Range
  • Refrigerator
  • Bathrooms
  • 4 total bathrooms
  • Bedrooms
  • 6 total bedrooms
  • Building
  • Built in 1973
  • 1 building
  • Construction Materials: Painted, Stucco, Block
  • Cooling
  • Electric
  • Disclosures
  • Seller Prop Disc Stm
  • Expenses
  • Insurance: $3,500
  • Operating: $11,049
  • Water/Sewer: $6,000
  • Floors
  • Tile
  • Laminate
  • Heating
  • Electric
  • Natural Gas
  • Income
  • Gross Income: $39,330
  • Gross ScheduledIncome: $41,400
  • Net Operating Income: $28,281
  • Listing
  • Listing ID: 7026645
  • Standard Status: Active
  • MLS Status: Active
  • 118 days on market
  • Location
  • County/Parish: Maricopa
  • Lot
  • Dimensions: 12850 sf
  • Owner Pays
  • Trash Collection
  • Water
  • Sewer
  • Parking
  • 8 open parking spaces
  • 8 total parking spaces
  • Off Street
  • Roof
  • Composition
  • Schools
  • High School District: Glendale Union High School District
  • Sewer
  • Public Sewer
  • Taxes
  • Additional parcels description:
  • Parcel Number: 159-12-037-F
  • Public Survey Range: 3E
  • Public Survey Section: 19
  • Annual Amount: $1,549
  • Tax Book Number: 159.00
  • Legal Description: BEG AT SE COR NE4 NW4 LOT 3 TH W ALG N LN S2 W2 L OT 3 130.85F TO PT NON-TAN CUR CONC SELY FR WH RA
  • Lot: –
  • Parcel Letter: F
  • Year: 2025
  • Zoning: R-3
  • Utilities
  • Water Source: Master Meter, City Franchise
  • APS
  • Individual Meter

Property Map

$529,000 – 11231 N 18th Drive, Phoenix, AZ 85029

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This content last updated on September 6, 2026 11:08AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.