$845,000
Phoenix, AZ 85006
MLS# 6746076
5 beds | 4 baths
1 / 32
Property 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!
Details
Maps
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
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.
Listing Office: eXp Realty
Last Updated: January - 03 - 2026
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