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.
For sale
Price cut: $2K (4/25)
$845,000
322 N 11th Pl, Phoenix, AZ 85006
5beds
4baths
1,338sqft
Est.:
Single Family Residence
Built in 1928
7,500 Square Feet Lot
$-- Zestimate®
$632/sqft
$-- HOA
What's special
- 75 days
- on Zillow |
- 154 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: April 25, 2025 at 04:49pm
Listed by:
Natalia Yalin 858-729-4377,
eXp Realty
Source: ARMLS,MLS#: 6746076

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Heating
- Mini Split, Electric
Cooling
- Central Air, Ceiling Fan(s), Mini Split
Features
- High Speed Internet, See Remarks, Eat-in Kitchen, No Interior Steps, Pantry, 3/4 Bath Master Bdrm
- Flooring: Vinyl, Tile
- Has basement: No
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 1,338
- Total interior livable area: 1,338 sqft
Property
Parking
- Parking features: Unassigned
Features
- Stories: 2
- Patio & porch: Patio
- Exterior features: Private Yard, Storage
- Pool features: None
- Spa features: None
- Fencing: Block
Lot
- Size: 7,500 Square Feet
- Features: Gravel/Stone Back, Grass Front
Details
- Parcel number: 11626012
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame, Painted
- Roof: Composition
Condition
- Year built: 1928
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Security: Security System Leased
- Subdivision: MARSTON HEIGHTS
HOA
- Has HOA: No
- Amenities included: None
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $632/sqft
- Tax assessed value: $335,300
- Annual tax amount: $1,093
- Date on market: 8/22/2024
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
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