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… Read More 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. Read Less
Built in 2025, 1 building, Construction Materials: Wood Siding, Wood Frame, Painted
Community
No Pool
Cooling
Central Air
Disclosures
Seller Prop Disc Stm
Expenses
Operating: $833
Floors
Concrete
Heating
Electric
Income
Gross Income: $61,200, Gross ScheduledIncome: $61,200, Net Operating Income: $57,700
Lot
Dimensions: 70' x 99.75'
Owner Pays
Trash Collection, Water, Sewer
Parking
2 open parking spaces, 2 total parking spaces
Property
New Construction
Roof
Composition
Sewer
Public Sewer
Taxes
Additional parcels description:, Parcel Number: 155-16-036-E, Public Survey Range: 3E, Public Survey Section: 21, Annual Amount: $833, Tax Book Number: 155.00, Legal Description: PRT OF SE4 SE4 SEC 21 DAF BEG AT PT DIST N 430F FM PT IN S LN OF SD SW4 DIST W 694.78F FM SE COR OF, Lot: 36E, Parcel Letter: E, Year: 2025, Zoning: R4
Utilities
Water Source: City Franchise, APS
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