2011 N 51st Street, Phoenix, AZ 85008

$3,487,500

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

Sold Price
$3,487,500
List Price
$3,999,000
Closing Date
Jun 09, 2026
Days on Market
273
Status
CLOSED
MLS#
6921463
City
Phoenix
Subdivision
Orangedale Tract 1,2, & 7,8
Year Built
1979

Property Description

Tropicana Apartments is a well-positioned, mostly renovated 20-unit multifamily community in the desirable Papago submarket of Metro Phoenix. Built in 1979 on 1.31 acres, the property offers 14,960 square feet of rentable space with a mix of floor plans averaging 748 square feet. Since 2020, the property has benefited from more than $420,000 in capital improvements, including pool refinishing, upgraded landscaping, new appliances, cabinetry, countertops, entry gate enhancements, and the installation of 15 new HVAC units, among other updates.

Additional Information

Community Features
Pool, Barbecue
Construction
Block, Painted
Cooling
Central Air, Electric, Varies by Unit, Ceiling Fan(s)
Electric
SRP
Flooring
Ceramic Tile
Heating
Electric, Heat Pump, Varies by Unit, Ceiling
New Financing
Conventional, 1031 Exchange, No Carry, Cash
Parking Features
Open, Paved, On Street, >1 Space Per Unit
Roofing
Composition
Sewer
Sewer-In & Connected
Pool
Yes
Subdivision
Orangedale Tract 1,2, & 7,8
Taxes
$8,436
Tax Year
2024
Tenant Pays
Electricity
Units
20
Water
City Franchise
Zoning
R-3

Courtesy of Orion Investment Real Estate. 480-634-6934 Selling Office: XCD Realty & Property Mgmt.

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks