9831 & 9837 N 11th Ave, Phoenix, AZ, 85021

9831 & 9837 N 11th Ave Phoenix, AZ 85021

Property Type:
MultiFamily Apartments
Last Verified:
Oct 12, 2022


  • Value Add Deal
  • Potential 12 Units
  • Centrally Located


The 8 Units consist of two fourplexes on two separate parcels. The Unit mix consists of all 2 bedroom/1 bathroom units all separately metered for electric with on-site laundry. The property at 9831 N 11th avenue is vacant. Units 1-3 are for lease at $1,377 per month. Unit 4 has fire damage. The property at 9837 N 11th avenue has two tenants in Units 2 and 3 paying $1,195 and $1,250 per month. Units 1 and 4 are ready for rent. The fourplex adjacent to the 8 units at 9847 N 11th Avenue is also for sale to combine for 12 Units.

Phoenix, AZ

Building Size: 5704sq ft
Lot Size: 0.52 acres

Map of 9831 & 9837 N 11th Ave, Phoenix, AZ, 85021

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.