322 N 11th Place, Phoenix, AZ 85006
Local realty services provided by:ERA Brokers Consolidated



322 N 11th Place,Phoenix, AZ 85006
$845,000
- 5 Beds
- 4 Baths
- 1,338 sq. ft.
- Single family
- Active
Listed by:natalia yalin
Office:exp realty
MLS#:6746076
Source:ARMLS
Price summary
- Price:$845,000
- Price per sq. ft.:$631.54
About this home
Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning! Possible to enter with 5% DOWN! Cap rate 10.6%. Current Airbnb rating 4.85 out of 5!
UNITS: One 2 BD-1BA and Three Studios. Every unit has its OWN kitchen, bathroom and a separate PRIVATE ACCESS. 2 BD unit has it's own Landry with washer and dryer.
The backyard is a common space for all guests with a Grill, Fire pit, Hammock and a separate Laundry shed. Cleaning and maintenance crews use another outside shed for supplies. Each unit uniquely renovated and staged, designed to appeal to a broad range of tenants—perfect for maximizing occupancy rates and income potential! HIGH DEMAND LOCATION ensures a CONSISTENT pool of TENANTS! Just minutes walking from ASU, Chase Field and The Van Buren and Convention center. 7 min driving to the airport. It is an ideal destination for visitors!
This property is a TurnKey Investment! Renovation has been completed with meticulous attentions to details and orientation to tenants satisfaction. The quality of this reno allow investors expect IMMEDIATE rental INCOME without the hassle of further improvements!
R-5 Multiple Family Residence Zoning provides flexibility for future expansion or development, and enhancing the property's long-term investment potential.
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Home facts
- Year built:1928
- Listing Id #:6746076
- Updated:July 25, 2025 at 02:46 PM
Rooms and interior
- Bedrooms:5
- Total bathrooms:4
- Full bathrooms:4
- Living area:1,338 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Mini Split
- Heating:Electric, Mini Split
Structure and exterior
- Year built:1928
- Building area:1,338 sq. ft.
- Lot area:0.17 Acres
Schools
- High school:North Canyon High School
- Middle school:Garfield School
- Elementary school:Garfield School
Utilities
- Water:City Water
Finances and disclosures
- Price:$845,000
- Price per sq. ft.:$631.54
- Tax amount:$1,093 (2023)
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