322 N 11th Place Phoenix, AZ 85006
Garfield NeighborhoodEstimated payment $4,758/month
Total Views
28,204
5
Beds
4
Baths
1,338
Sq Ft
$632
Price per Sq Ft
Highlights
- Guest House
- Private Yard
- Eat-In Kitchen
- Phoenix Coding Academy Rated A
- No HOA
- Mini Split Air Conditioners
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.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $1,093
Year Built
- Built in 1928
Lot Details
- 7,500 Sq Ft Lot
- Block Wall Fence
- Private Yard
- Grass Covered Lot
Parking
- Unassigned Parking
Home Design
- Roof Updated in 2021
- Wood Frame Construction
- Composition Roof
- Stucco
Interior Spaces
- 1,338 Sq Ft Home
- 2-Story Property
- Ceiling Fan
- Security System Leased
Kitchen
- Kitchen Updated in 2021
- Eat-In Kitchen
- Electric Cooktop
- Built-In Microwave
Flooring
- Floors Updated in 2021
- Tile
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- Bathroom Updated in 2021
- 4 Bathrooms
Outdoor Features
- Patio
- Outdoor Storage
Schools
- Garfield Elementary And Middle School
- North Canyon High School
Utilities
- Mini Split Air Conditioners
- Central Air
- Mini Split Heat Pump
- Plumbing System Updated in 2021
- Wiring Updated in 2021
- High Speed Internet
- Cable TV Available
Additional Features
- No Interior Steps
- Guest House
Community Details
- No Home Owners Association
- Association fees include no fees
- Marston Heights Subdivision
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 116-26-012
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,245 | $9,311 | -- | -- |
| 2024 | $1,093 | $8,868 | -- | -- |
| 2023 | $1,093 | $21,710 | $4,340 | $17,370 |
| 2022 | $1,051 | $20,000 | $4,000 | $16,000 |
| 2021 | $1,180 | $11,800 | $2,360 | $9,440 |
| 2020 | $1,194 | $10,480 | $2,090 | $8,390 |
| 2019 | $1,192 | $9,650 | $1,930 | $7,720 |
| 2018 | $545 | $8,010 | $1,600 | $6,410 |
| 2017 | $532 | $4,870 | $970 | $3,900 |
| 2016 | $517 | $4,300 | $860 | $3,440 |
| 2015 | $478 | $3,400 | $680 | $2,720 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/25/2025 04/25/25 | For Sale | $845,000 | 0.0% | $632 / Sq Ft |
| 09/14/2024 09/14/24 | Off Market | $845,000 | -- | -- |
| 09/13/2024 09/13/24 | Price Changed | $845,000 | -0.2% | $632 / Sq Ft |
| 08/22/2024 08/22/24 | For Sale | $847,000 | +111.8% | $633 / Sq Ft |
| 06/14/2022 06/14/22 | Sold | $399,999 | 0.0% | $340 / Sq Ft |
| 05/17/2022 05/17/22 | Pending | -- | -- | -- |
| 05/11/2022 05/11/22 | Price Changed | $399,999 | -11.1% | $340 / Sq Ft |
| 05/11/2022 05/11/22 | For Sale | $450,000 | 0.0% | $382 / Sq Ft |
| 05/04/2022 05/04/22 | Pending | -- | -- | -- |
| 05/04/2022 05/04/22 | For Sale | $450,000 | +12.5% | $382 / Sq Ft |
| 04/12/2022 04/12/22 | Off Market | $399,999 | -- | -- |
| 03/04/2022 03/04/22 | For Sale | $450,000 | 0.0% | $382 / Sq Ft |
| 02/24/2022 02/24/22 | Pending | -- | -- | -- |
| 02/15/2022 02/15/22 | For Sale | $450,000 | -- | $382 / Sq Ft |
Source: Arizona Regional Multiple Listing Service (ARMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Warranty Deed | $399,999 | Pioneer Title | |
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Agcy Inc | |
| Warranty Deed | $170,000 | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | Fidelity Natl Ttl Agcy Inc | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $375,000 | New Conventional | |
| Previous Owner | $295,000 | New Conventional | |
| Previous Owner | $215,000 | Commercial | |
| Previous Owner | $189,000 | Construction |
Source: Public Records
Similar Homes in Phoenix, AZ
Source: Arizona Regional Multiple Listing Service (ARMLS)
MLS Number: 6746076
APN: 116-26-012
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
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