322 N 11TH Place, Phoenix, AZ 85006 (MLS# 6746076)

322 N 11TH Place, Phoenix, AZ 85006

$845,000
Property Type: Residential Bedrooms: 5 Baths: 4 Square Footage: 1,338 Lot Size (sq. ft.): 7,500 Status: Active
Current Price: $845,000 List Date: 8/22/2024 Last Modified: 1/03/2026

Description

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!

Supplements: 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.

More Information MLS# 6746076

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $845,000 Status: Active Current Price: $845,000 List Date: 2024-08-19

Location, Tax & Legal

Assessor's Map #: 26 Legal Description (Abbrev): LOT 9 MARSTON HEIGHTS MCR 000507 Assessor's Parcel #: 12 Tax Municipality: Phoenix Taxes: 1093 House Number: 322 Compass: N Street Name: 11TH St Suffix: Place City/Town Code: Phoenix State/Province: AZ Zip Code: 85006 Zip4: 3314 County Code: Maricopa Assessor Number: 116-26-012 Subdivision: MARSTON HEIGHTS Tax Year: 2023

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 4 Half Bathrooms: 0 Approx SQFT: 1338 Price/SqFt: 631.54 Approx Lot SqFt: 7500 Approx Lot Acres: 0.172 Flood Zone: No Guest House SqFt: 180 Horses: N Builder Name: unknown Lead Based Hazard Disclosure: No Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Garfield School Jr. High School: Garfield School High School: North Canyon High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 5 Total Bathrooms: 4 Year Built: 1928

Legal Info

Range: 3E Section: 4 Township: 1N Lot Number: 9

Special Listing Cond

N/A: 1

Construction

Wood Frame: 1

Const - Finish

Painted: 1 Stucco: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Rec Center Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Email: 1 Phone Call: 1

Lockbox Type

See Private Remarks: 1

Building Style

2-3-4 Plex: 1

Master Bathroom

3/4 Bath Master Bdrm: 1

Master Bedroom

Split: 1

Additional Bedroom

Other Bedroom Split: 1 Other Bedroom Downstairs: 1 Separate Bedroom Exit: 1

Add'l Property Use

None: 1

Flooring

Tile: 1 Vinyl: 1

Dining Area

Eat-in Kitchen: 1

Heating

Electric: 1 Mini Split: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Pantry: 1 Refrigerator: 1 Electric Cooktop: 1

Cooling

Ceiling Fan(s): 1 Mini Split: 1 Central Air: 1

Interior Features

No Interior Steps: 1 See Remarks: 1

Laundry

Washer Included: 1 Dryer Included: 1 Stacked Washer/Dryer: 1 Inside: 1

Basement

Basement Y/N: N

Other Rooms

Guest Qtrs-Sep Entrn: 1

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1 High Speed Internet: 1 Security System Leased: 1

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Separate Guest House: 1 Patio: 1 Storage: 1 Pvt Yrd(s)/Crtyrd(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 0

Parking Features

Unassigned: 1

New Financing

Cash: 1 VA: 1 Conventional: 1 FHA: 1

Plumbing

Gas Hot Water Heater: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

East/West Exposure: 1

Landscaping

Gravel/Stone Back: 1 Grass Front: 1

Services

City Services: 1

Items Updated

Floor Yr Updated: 2021 Floor Partial/Full: Full Wiring Yr Updated: 2021 Wiring Partial/Full: Partial Plmbg Yr Updated: 2021 Plmbg Partial/Full: Partial Ht/Cool Yr Updated: 2019 Ht/Cool Partial/Full: Full Roof Yr Updated: 2021 Roof Partial/Full: Full Kitchen Yr Updated: 2021 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2021 Bath(s) Partial/Full: Full

Unit Style

Two Levels: 1

Disclosures

Agency Discl Req: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Van Buren St & 16th St Directions: Take AZ-101 Loop N and AZ-202/AZ-202 Loop W to N 32nd St in Phoenix. Take exit 1C from AZ-202/AZ-202 Loop W. Take E Van Buren St. Turn right onto E Van Buren St. Turn right onto N 11th Pl. Geo Lat: 33.45217 Geo Lon: -112.058104

Property Features

Special Listing Cond: N/A Add'l Property Use: None Building Style: 2-3-4 Plex Master Bathroom: 3/4 Bath Master Bdrm Master Bedroom: Split Additional Bedroom: Other Bedroom Split; Other Bedroom Downstairs; Separate Bedroom Exit Flooring: Tile; Vinyl Spa: None Dining Area: Eat-in Kitchen Kitchen Features: Electric Cooktop; Disposal; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter Laundry: Washer Included; Dryer Included; Stacked Washer/Dryer; Inside Other Rooms: Guest Qtrs-Sep Entrn Interior Features: No Interior Steps; See Remarks Technology: Cable TV Avail; High Speed Internet; Security System Leased Exterior Features: Patio; Pvt Yrd(s)/Crtyrd(s); Separate Guest House; Storage Parking Features: Unassigned Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s); Mini Split Heating: Electric; Mini Split Plumbing: Gas Hot Water Heater Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: Block Property Description: East/West Exposure Landscaping: Gravel/Stone Back; Grass Front Showing Notification Methods: Text; Email; Phone Call Lockbox Type: See Private Remarks Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; FHA; Conventional Disclosures: Agency Discl Req
Listing Office: eXp Realty
IDX
Last Updated: January - 03 - 2026
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