8916 N 11 Street, Phoenix, AZ 85020, Phoenix AZ 85020
Occupied duplex plus a separate rear development parcel at 8916 and 8918 N 11th St, offered together at $525,000. The duplex has one 2BR/1.5BA and one 1BR/1BA residence, totaling approximately 1,865 SF. Both rent for $1,200 monthly, providing $28,800 annual scheduled rent. Current OM expenses of $7,926 produce $20,874 NOI and a 3.98% cap rate. Planning materials depict a proposed rear fourplex of approximately 3,710 SF. Plans are marked Not for Construction; no active building permit is represented. Future development income and costs are excluded from current returns. Buyer to verify par
CloseDaily local analysis
Facts and context beyond the MLS description
The sections below combine this listing's current facts with locally retained inventory, sale, and location data. They are generated from the same MLS replica that powers the page, without an external data request during your visit.
Current market context
How this property compares in Phoenix
This property is grouped with the current 3-bedroom homes in Phoenix. Its asking price falls near the 75th percentile of that active group. The comparison uses 2,619 active or publicly marketable listings from the same local MLS source, filtered to the same bedroom group rather than mixing every home size together.
The property has been tracked for 0 days, while the current cohort averages 0 days on market. These figures are a point-in-time inventory comparison, not an appraisal or prediction; condition, lot, updates, exact location, and concessions can move an individual sale away from the city-level pattern.
Nearby closed sales
Recent sold homes near this property
The local sold-history cache contains 8 closed sales within approximately 1.25 miles during the last six months. The median recorded sold price in this nearby sample is $257,500, and the median is $242 per square foot where square footage was reported.
Nearby sales are useful context, but they are not automatically comparable: renovation level, acreage, water access, construction quality, financing, and seller concessions can materially change a result. A property-specific valuation should review the most similar homes and the full MLS record before drawing a conclusion.
| Address | Sold | Home | Sold price | Distance |
|---|---|---|---|---|
| 8920 N 10TH Street, Phoenix, AZ 85020 | May 5, 2026 | 2 bd · 880 sqft | $284,580 | 0.1 mi |
| 1145 E EVA Street, Phoenix, AZ 85020 | Apr 2, 2026 | 4 bd · 1,758 sqft | $265,000 | 0.1 mi |
| 1212 E LAWRENCE Lane, Phoenix, AZ 85020 | Aug 18, 2026 | 3 bd · 1,023 sqft | $218,000 | 0.2 mi |
| 1123 E ALICE Avenue, Phoenix, AZ 85020 | Jul 2, 2026 | 4 bd · 1,267 sqft | $430,000 | 0.2 mi |
| 1227 E TOWNLEY Avenue, Phoenix, AZ 85020 | Apr 24, 2026 | 3 bd · 1,023 sqft | $200,000 | 0.2 mi |
| 1229 E TOWNLEY Avenue, Phoenix, AZ 85020 | Apr 14, 2026 | 3 bd · 1,023 sqft | $210,000 | 0.2 mi |
| 1018 E RUTH Avenue, Phoenix, AZ 85020 | Jul 22, 2026 | 4 bd · 1,430 sqft | $485,000 | 0.2 mi |
| 8859 N 12TH Place, Phoenix, AZ 85020 | May 6, 2026 | 2 bd · 924 sqft | $250,000 | 0.2 mi |
MLS timeline
Price and status history
This timeline records the price and public status snapshots received by CloseDaily from the local MLS replica. It is retained separately from the current listing so later changes do not erase the earlier market history. Dates reflect when the source record changed or was first observed by the sync system.
- $525,000 · Active
Continue comparing
Similar active homes in Phoenix
These active listings are in the same city and a nearby price range. Each link is rendered on the server so visitors and search engines can move between the property, the city inventory, and other relevant homes without returning to a generic search page.
View all Phoenix homes for sale · See the Phoenix market report