705 W 11th Street, Tempe, AZ 85281

$340,000
3
BD
2
BA
1,008
SqFt

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Sold Price
$340,000
List Price
$325,000
Status
CLOSED
Days on Market
15
Closing Date
May 27, 2026
MLS#
7018249
Subtype
Residential
Year Built
1965
Bedrooms
3
Bathrooms
2
Full Baths
1
Half Baths
1
Living Area
1,008
Lot Size
5,293
Acres
0.12
Subdivision
Mitchells 4th Sub

Property Description

Opportunity knocks in the heart of Tempe with this centrally located single-family home just minutes from Arizona State University, Downtown Tempe, and Mill Avenue. This property offers strong upside potential for investors, flippers, or those looking to add a cash-flowing rental to their portfolio. Situated on a spacious lot, this home features a functional layout with approximately 1,000+ sq ft of living space, a carport, and solid bones ready for renovation or value-add improvements. With nearby properties undergoing upgrades and strong rental demand driven by ASU students and downtown employment, this location continues to show consistent appreciation and high occupancy potential. Whether you're looking to renovate and resell, hold as a long-term rental, or convert into a student housing opportunity, this property offers multiple exit strategies. Estimated rental demand in the area supports strong monthly income potential, making this a compelling addition to any investment portfolio. Don't miss this chance to secure a property in one of Tempe's most desirable and fast-moving rental corridors.

Additional Information

Taxes
$1,798
Heating
See Remarks
Air Conditioning
Central Air
Exterior Construction
Block
Stories
1
Elementary School
Holdeman Elementary School
Middle School
Geneva Epps Mosley Middle School
High School
Tempe High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Craig Rafferty (928-543-5451) from Listing Office: Keller Williams Integrity First Realty.

Selling Office: West USA Realty.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.