For Sale Multi-Family MLS# 7086654

322 N 11TH Place

Phoenix, AZ 85006

$745,000

About 322 N 11TH Place

RENOVATED 4 UNITS Short-Term Rental in PRIME Phoenix LOCATION on R-5 zoning. Cap rate 10.6%. 2026 average occupancy rate 72%, Airbnb rating 4.85 out of 5! Comes with confirmed future bookings totaling over $6,000 through Nov 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 & income! The property located in a high-demand area of Downtown Phoenix, minutes to Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, Van Buren.

Property details

Property

Type
multi
MLS type
Multi Family Home
Status
Active
Year built
1928
Original price
$745,000
MLS #
7086654

Interior

Features
Electric, Ceramic Tile
Flooring
Ceramic Tile
Heating
Electric
Cooling
Electric

Exterior & lot

Features
On Street, Parking spaces: 4
Construction
Wood Frame, Stucco, Composition
Roof
Composition
Lot
R-5, 11626012
Parking
On Street

Schools

District
Phoenix Elementary District
Elementary
Garfield School
Middle
Garfield School

Utilities

Utilities
Public Sewer
Sewer
Public Sewer

Financial

Financial
Arizona Regional Multiple Listing Service 2
Annual tax
$2,236
Tax year
2025
Parcel
11626012

Location

Subdivision
MARSTON HEIGHTS
County
Maricopa
Neighborhood
Garfield
Community
Maricopa, Gravel, Arizona Regional Multiple Listing Service 2, Phoenix Elementary District
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.

Location

Neighborhood
Garfield
Subdivision
MARSTON HEIGHTS
School district
Phoenix Elementary District

Ask about this property

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Listed by Natalia Yalin, My Home Group Real Estate

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.