See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4
Listing photo 5

1911 E WARNER Street, Phoenix, AZ, 85040

6beds
4baths
2,604sqft
$482,600
$185price/sqft
$3,059/moest. monthly cost
$122,360/yrincome needed

About This Home

Outstanding opportunity for both investors and owner-occupants! Built in 2022, this well-maintained duplex is located in a designated Opportunity Zone and is fully leased with reliable, on-time tenants who pay their own electric. Current income is approximately $34,000 annually with an attractive 7% CAP rate, providing immediate cash flow from day one. Tenants are flexible, creating the potential for an owner-occupant to live in one unit while generating income from the other. Eligible for FHA, VA, conventional, cash, or 1031 exchange buyers. Each unit features wood-look tile flooring, Samsung stainless appliances, 42'' espresso cabinetry, 2'' wood blinds, and modern finishes throughout. Landlord pays water and sewer. Ample on-site parking and excellent condition make this a low-maintenanc

Getting Around

22
WalkingCar-Dependent
40
TransitSome Transit
59
BikeBikeable

Schools

5/10
Percy L Julian SchoolGrades K-80.7 mi
2/10

Construction

Condition

  • Year built: 2022

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Built-In Range,Disposal,Dishwasher,Refrigerator,Built-In Electric Oven,Microwave
  • Laundry features: W/D Hookup

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 4

Features

  • Flooring: Tile,Carpet

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Central Air,Ceiling Fan(s),Heat Pump,Individual

Interior Area

  • Total structure area: 2,604
  • Total interior livable area: 2,604 sqft

Property

Details

  • Parcel number: 12232053
  • Zoning: R3

Lot

  • Lot size: 8,014 sqft
  • Lot size dimensions: 8014 SF

Parking

  • Total spaces: 2
  • Parking features: Attached Carport,Add'l Parking Avail,>1 Space Per Unit,Carport
  • Covered spaces: 2
  • Carport: Yes

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Heat Wave
    Heat WaveVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Hail
    HailModerate

How This Home’s Risks Compare

Heat Wave
Inland Flooding
Hail

FEMA Declared Disasters in Maricopa County and Arizona

Fire
Flood
Snowstorm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,440$29,280
Home Insurance $168$2,016
Property Taxes $176$2,112
Electricity $275$3,309
Total$3,059$36,708

Income You'd Need if You Spent...

35% on housing$104,880/yr
40% on housing$91,770/yr
45% on housing$81,573/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 11.2%
11.2%
0%30.0%
Electricity Growth Rate10-year average: 1.2%
1.2%
0%15.0%
Property Taxes Growth Rate2-year average: -2.1%
-2.1%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$185This listing

vs Other Active Listings

Avg $/sqft

ZIP 85040$182
Maricopa County$272

vs Homes Sold Last Month

Median $/sqft

ZIP 85040$236
Maricopa County$262

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-07-17Listed for sale$482,600
2021-10-05Sold$70,000

For Sale by Agent

AgentDean Selvey
BrokerageRE/MAX Excalibur

Similar Homes