11230 N 17TH Avenue, Phoenix, AZ 85029, Phoenix, 85029 - 0 bed, 0 bath
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Phoenix, AZ 85029
Analysis of 11230 N 17TH Avenue, Phoenix, AZ 85029 is currently available with a list price of $999,990. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
The property is a completely rebuilt, turnkey 5-unit complex with brand new wiring, plumbing, and HVAC systems. The interiors feature new kitchens with granite countertops, stainless steel appliances, and new tile flooring, qualifying it as a mint-condition renovation under 5 years old.
The property has been fully rebuilt with new wiring, plumbing, HVAC, and modern finishes, offering investors a low-maintenance asset with minimal immediate capital expenditure requirements.
Includes a newly paved 14-car parking lot and updated fencing, providing an exceptional parking-to-unit ratio that adds significant value and convenience for tenants.
With a dedicated laundry room for additional revenue and units ready for market at $1,650 per month, the property is positioned for strong immediate cash flow.
The list price of nearly $200,000 per door is at the top of the market for this specific submarket, which may impact the initial capitalization rate for some investors.
As a smaller 5-unit residential income property, it lacks the significant economies of scale found in larger complexes, potentially resulting in higher relative management and utility overhead.
BRAND NEW and Turn Key completely rebuilt 5 unit apartments. New wiring, plumbing, AC, appliances, New Tile flooring, New cabinets, with granite countertops, new window trimming, new windows. This is a turnkey property. Kitchen with Newly added 14 car parking lot. New fencing and backyard. This is a rare find. Dedicated laundry room, which can be used for added income. Done with the idea of lasting excellence and durability. Even the parking lot has brand new asphalt Ready for New tenants at $1650 per month
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 3,211 | - |
| Lot Size | - | - |
| Price | $1000.0K | $228.9K |
| Price per sq ft | $311 | $256 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 4 | 4774 |
Jul 23, 2026
$999,990
Initial Listing