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322 N 11TH Place, Phoenix, AZ, 85006

--beds
--baths
--sqft
$780,000
--price/sqft
$4,688/moest. monthly cost
$187,520/yrincome needed

About This Home

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.

Getting Around

74
WalkingVery Walkable
61
TransitGood Transit
83
BikeVery Bikeable

Schools

6/10
Garfield SchoolGrades PK-80.4 mi
2/10
North High SchoolGrades 9-121.9 mi

Construction

Condition

  • Year built: 1928

Materials

  • Roof: Composition
  • Construction materials: Wood Frame,Stucco

Type & Style

  • Home type: MultiFamily
  • Property subType: Multi Family

Interior

Appliances

  • Appliances included: Free-Standing Range,Dishwasher,Refrigerator,Microwave,Washer/Dryer

Features

  • Flooring: Ceramic Tile

Heating & Cooling

  • Heating features: Electric
  • Cooling features: Electric

Property

Details

  • Parcel number: 11626012
  • Zoning: R-5

Lot

  • Lot size: 7,500 sqft
  • Lot size dimensions: 7500

Parking

  • Total spaces: 4
  • Parking features: On Street
  • Has uncovered spaces: Yes
  • Uncovered spaces: 4