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(602) 769-4725
Real Estate Company
322 N 11th Place, Phoenix, AZ 85006
- $745,000
- List Price
- $745,000
- Status
- ACTIVE
- Days on Market
- 22
- MLS#
- 7086654
- Subtype
- Multiple Dwellings
- Year Built
- 1928
- Subdivision
- Marston Heights
Property Description
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.
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Additional Information
- Taxes
- $2,236
- Zoning
- R-5
- Flooring
- Ceramic Tile
- Appliances
- Free-Standing Range, Refrigerator, Dishwasher, Microwave, Washer/Dryer
- Heating
- Electric
- Air Conditioning
- Electric
- Exterior Construction
- Wood Frame, Stucco
- Parking Features
- On Street
- Elementary School
- Garfield School
- Middle School
- Garfield School
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Listing courtesy of Listing Agent: Natalia Yalin (858-729-4377) from Listing Office: My Home Group Real Estate.
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.