Highland Park Sub Plat 5 Real Estate, Homes, Condos for Sale in Phoenix, AZ

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 which can generate upto $3,500+ in gross monthly rent, this turnkey property 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 tiled showers, updated vanities, and contemporary fixtures. Open-concept living areas flow seamlessly, complemented by abundant natural light and dual-pane windows that let in Arizona's beautiful weather year-round. This property is essentially brand new inside and out, updated 2019-2021. Each unit boasts private front and backyards. Rare for a duplex property, the expansive backyard provides significant flexibility and future upside. In addition to RV and boat storage, the generous lot size may offer the opportunity for a pool, detached casita, guest house, or other value-add improvements, subject to buyer verification of zoning requirements. Separately metered electric and water (yes for water as well) for each unit means transparent billing and simplified tenant management. Current lease expire 12/31/2026 for one unit and other unit is vacant, provides 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 renovated, fully metered with an attractive cap rate. Property is strictly drive-by; please do not disturb tenants. Walkthroughs available after contract acceptance. Buyer to verify all facts, figures, zoning, development potential, and future use possibilities.

5206 S 11th Avenue, Phoenix

$320,000

3 Beds ⋅ 2 Baths ⋅ 6932610 MLS

Step inside this beautifully updated home featuring a spacious kitchen with plenty of prep space, modern white shaker cabinets, quartz countertops, and a stylish backsplash that ties in perfectly with the bathroom designs. Both bathrooms have been tastefully remodeled with all-tile, walk-in showers and contemporary finishes.You'll love the oversized laundry room,ideal for extra storage and complete with a charming barn door. The backyard offers an abundance of space, perfect for entertaining, gardening, or creating your dream outdoor setup. Property also includes an RV gate and is fully fenced for added privacy and convenience.Move-in ready and designed with modern touches throughout, this home is a must-see!

5242 S 11th Avenue, Phoenix

$285,000

2 Beds ⋅ 1 Baths ⋅ 6588626 MLS

This home features a 2021 remodel including new vinyl flooring throughout the home, new doors, high base molding, and fresh paint both on walls and ceiling of the entire home as well as the exterior. Updated ceiling fans were installed in every room with light integrated. The kitchen has all new cabinets, bigger pantry and new quartz countertops with a stainless steel sink and a brand new gas oven. Large lot that is a blank canvas for the new owner. Close to downtown Phoenix. I-17 and I-10 freeways easily accessible. A/C was replaced in 2016.

5232 S 11th Avenue, Phoenix

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Highland Park Sub Plat 5 Real Estate & Homes