322 N 11TH Place, Phoenix, AZ 85006
322 N 11TH Place, Phoenix, AZ 85006
322 N 11TH Place, Phoenix, AZ 85006
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$780,000
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Price Dropped by $15K

322 N 11TH Place Phoenix, AZ 85006

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Key Details

Property Type Multi-Family

Listing Status Active

Purchase Type For Sale

Subdivision Marston Heights

MLS Listing ID 6969679

Maintenance Fees $24,014

Year Built 1928

Annual Tax Amount $2,236

Tax Year 2025

Lot Dimensions 7500

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Comprehensively RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2025 average occupancy rate 65%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $16,500 through Aug 1, 2026 and the established hosting accounts on main short term rentals platforms!!!
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 Laundry 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 & incom The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

Location

State AZ

County Maricopa

Community Marston Heights

Area Maricopa

Zoning R-5

Direction 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.

Interior

Heating Electric

Cooling Electric

Flooring Ceramic Tile

Appliance Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

Exterior

Parking Features On Street

Community Features No Pool

Roof Type Composition

Private Pool No

Building

Sewer Public Sewer

Water See Remarks

New Construction No

Schools

Elementary Schools Garfield School

Middle Schools Garfield School

School District Phoenix Union High School District

Others

Senior Community No

Tax ID 116-26-012

Acceptable Financing No Carry, Conventional, FHA, VA Loan

Disclosures None

Listing Terms No Carry, Conventional, FHA, VA Loan


Arizona Regional MLS (ARMLS)
Listed by My Home Group Real Estate • Natalia Yalin

NEARBY SCHOOLS & PROPERTIES

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322 N 11TH Place