11003 N 17TH Avenue, Phoenix, AZ 85029 (MLS# 6030965)

11003 N 17TH Avenue, Phoenix, AZ 85029

$327,500

Property Type: Multiple Dwellings Status: Closed

Current Price: $327,500 Last Modified: 5/04/2026

Overview

Description

We are pleased to present a beautiful triplex with moutain views in the heart of Phoenix. Fully rented all two bedrooms one bath units with yards. All units have central air and newer roof, new paint and a new fence. Two of the units have been updated. Current rents are below market 600-650. Nice value add to add rents to increase your return. Seller is also willing to entertain an seller carry back.There is a onsite laundry where you could add a coin op for income. All facts and figuers are approximate buyer verify MLS information. Drive by only.

Listing Details MLS# 6030965

Location, Tax & Legal

Map Code/Grid: M34
House Number: 11003
Compass: N
Street Name: 17TH
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85029
Zip4: 6933
Country: US
County Code: Maricopa
Assessor Number: 159-11-022-J
Tax Year: 2019
Assessor's Map #: 11
Legal Description (Abbrev): S 100F SW4 SW4 NE4 SW4 SEC 19 EX E 183.59F EX S & W 25 RDS & EX 10X10 TRI IN SW COR
Assessor's Parcel #: 22
Assessor Parcel Ltr: J
Add'l Parcels: No
Tax Municipality: Phoenix
Census Tract: 103615
Taxes: 1016
Legal: S 100F SW4 SW4 NE4 SW4 SEC 19 EX E 183.59F EX S & W 25 RDS & EX 10X10 TRI IN SW COR
Marketing Name: Desert Cove Aparments

Contract Info

Ownership: Fee Simple

General Property Description

Lot Size Dimensions: irregular
Year Built: 1962
Uncvrd Parking Spcs: 3
Total # of Units: 3
# of Buildings: Yes
Zoning: R-3
Elementary School District: Washington Elementary District
High School District: Glendale Union High School District

Remarks Misc

Cross Street: N on 19th Ave
Directions: N on 19th Ave 2 Blocks past Peoria to Desert Cove East on Desert Cove.

Status Change Info

Off Market Date: 2020-06-27
Under Contract Date: 2020-05-21
Close of Escrow Date: 2020-06-26

Legal Info

Township: 3N
Range: 3E
Section: 19
Lot Number: unknown

More Information

Income Expenses

Gross Annual Sch Inc: 32400
Net Operating Income: 23114

2 Bedroom Units

# 2 Bedroom Units: 3
Avg Rent: 900
Avg SqFt: 750
# Baths: Yes

Sold Info

Loan Type: Conventional
Loan Years: 30
Payment Type: Fixed
Closing Cost Split: Normal - N
Buyer Concession $/%: $
Seller Concession $/%: $
Buyer Concession to Seller: 0
Seller Concession to Buyer: 0

Project Type

Tri-Plex: Yes

Construction

Block: Yes

Const - Finish

Painted: Yes
Stucco: Yes

Roofing

Composition: Yes

Floors

Concrete: Yes

Sale Includes

Building(s) Only: Yes
Personal Property: Yes

Income & Expenses

Annual Elec Exp: 500
Annual Gas Exp: 0
Annual Ins Exp: 1200
Annual Land Lse Exp: 0
Annual Landscape Exp: 500
Annual Legal & Acctg: 0
Annual Maint Exp: 1500
Annual Mgmt Exp: 1650
Annual Trash Exp: 1000
Annual Wtr/Swr Exp: 1500
Owner Association: No
Annual Ownr Asoc Fee: 0
Annual PAD Fee: 0
Annual Rplcmnt Rsrvs: 0
Annual Other Expense: 0
Operating Exp: 8866
Other Income: 1200
Vacancy Allowance: 0.05
Adjusted Gross Inc: 31920
Total Monthly Rental Income: 2700

Pmt & Rate Info

Cap Rate: 6.6
Down Payment: 0
Equity: 350000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Assessment Balance: 0

Showing Notification Methods

Text: Yes
Email: Yes
Phone Call: Yes

Lockbox Type

None: Yes

Community Features

No Pool: Yes

Heating

Natural Gas: Yes

Cooling

Evaporative Cooling: Yes
Electric: Yes

Exterior Amenities

Landscape Water System: Yes

Interior Features

Unfurnished: Yes
Fire/Smoke Alarm(s): Yes

Tenant Pays

Gas: Yes
Water: Yes
Sewer: Yes
Electricity: Yes
Trash Collection: Yes

Appliances Included

Microwave: Yes
Refrigerator: Yes

Road Surface Type

Asphalt: Yes

Source of Fincl Data

Projected Proforma: Yes
Unknown: Yes

Water Source

City Franchise: Yes

Sewer

Sewer - Public: Yes

Parking Features

1 Space/Unit: Yes
>1 Space Per Unit: Yes

Electric

APS: Yes

Gas

SW Gas: Yes

Owner Pays

None: Yes
Other: Yes
See Remarks: Yes

New Financing

Cash to Loan: Yes
FHA: Yes
Owner May Carry: Yes
1031 Exchange: Yes

Existing 1st Loan

Treat as Free&Clear: Yes

Existing 1st Loan Type

Not Applicable: Yes

Existing 1st Loan Terms

Not Applicable: Yes

Existing 2nd Loan

Other (See Remarks): Yes

Existing 2nd Loan Type

Not Applicable: Yes

Existing 2nd Loan Terms

Not Applicable: Yes

Existing 3rd Loan

Other (See Remarks): Yes

Existing 3rd Loan Type

Not Applicable: Yes

Reports/Disclosures

None: Yes

Existing 3rd Loan Terms

Not Applicable: Yes

Environmental

None: Yes

Existing Othr Ln Trm

Not Applicable: Yes

Efficiency Units

Avg Rent: 0

1 Bedroom Units

Avg Rent: 0

3 Bedrooms Units

Avg Rent: 0

4 Bedrooms Units

Avg Rent: 0

Property Features

Project Type: Tri-Plex Construction: Block Const - Finish: Painted; Stucco Roofing: Composition Floors: Concrete Sale Includes: Building(s) Only; Personal Property Community Features: No Pool Exterior Amenities: Landscape Water System Interior Features: Unfurnished; Fire/Smoke Alarm(s) Appliances Included: Refrigerator; Microwave Heating: Natural Gas Cooling: Electric; Evaporative Cooling Water Source: City Franchise Sewer: Sewer - Public Electric: APS Gas: SW Gas Parking Features: 1 Space/Unit; >1 Space Per Unit Road Surface Type: Asphalt Owner Pays: None; Other; See Remarks Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection Source of Fincl Data: Projected Proforma; Unknown Showing Notification Methods: Text; Email; Phone Call Lockbox Type: None Existing 1st Loan: Treat as Free&Clear Existing 1st Loan Type: Not Applicable Existing 1st Loan Terms: Not Applicable Existing 2nd Loan: Other (See Remarks) Existing 2nd Loan Type: Not Applicable Existing 2nd Loan Terms: Not Applicable Existing 3rd Loan: Other (See Remarks) Existing 3rd Loan Type: Not Applicable Existing 3rd Loan Terms: Not Applicable Existing Othr Ln Trm: Not Applicable New Financing: Cash to Loan; FHA; Owner May Carry; 1031 Exchange Environmental: None

Listing Office: Grace CRE

Last Updated: May - 04 - 2026