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$3,487,500

  • Sold
  • Closed
  • Multi-Family
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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.

Full Property Details for 2011 N 51st St

General

  • Sold For: $3,487,500
  • Taxes: $8,436 (2024)
  • Status: Closed
  • Type: Multi-Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6921463
  • Added to Site: 299 day(s) ago

Interior

  • Appliances: Built-In Range, Disposal, Dishwasher, Refrigerator, Free-Standing Electric Oven, Built-In Electric Oven, Washer/Dryer
  • Flooring: Ceramic Tile

Parking

  • Parking Features: Paved, Free, >1 Space Per Unit, On Street

Location

  • County: Maricopa
  • Township: 2N
  • Subdivision: ORANGEDALE TRACT 1, 2, & 7, 8
  • Cross Streets: 51st Street & McDowell

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air, Ceiling Fan(s), Electric, Individual
  • Heating Type: Individual, Heat Pump, Electric, Ceiling

Utilities

  • Water: City Franchise

Structural Information

  • # Buildings: 3
  • Exterior Const.: Painted, Block
  • Roof: Composition
  • Year Built: 1979

Unit Information

  • Vacancy %: .06

Lot Features

  • Frontage: Asphalt
  • Zoning: R-3

Financial Considerations

  • Tax Amount: $8,436
  • Tax Year: 2024
  • Terms: No Carry, Conventional, 1031 Exchange
  • Owner Pays: Pool Maintenance, Trash Collection, Water, Sewer, Landscaping

Disclosures and Reports

  • Legal Description: ORANGEDALE TR PT LOT 12 BEG 175.83' S OF NE COR W 175.91' TO PT BEG W 456.29' WH IS 15' E FR &
  • Property ID: 126-21-011
  • Range: 4E
  • Section: 32
  • Lot Number: 12

Listed by Orion Investment Real Estate
Sold by XCD Realty & Property Mgmt

Listing agents

— 2011 N 51st St —

  • Orion Investment Real Estate

  • Orion Investment Real Estate

Get Pre-Approved Today

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with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Price & Sales History for 2011 N 51st St

Date
Details
Price
Change
Source
6/09/2026
Sold
$3,575,000
-10.6%
MLS
9/18/2025
Listed
$3,999,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Orion Investment Real Estate
Sold by XCD Realty & Property Mgmt

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2011 N 51st Street, Phoenix, AZ 85008 (MLS# 6921463) is a Multi-Family property that was sold at $3,487,500 on June 09, 2026. Want to learn more about 2011 N 51st Street? Do you have questions about finding other Multi-Family real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.