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    322 N 11Th Pl Phoenix, AZ 85006

    New
    For Sale
    $847,000

    MULTI_FAMILY - Phoenix, AZ

    Days on Market:
    3
    Last Refresh:
    Dec 5 at 4:06 am

    Property Features for 322 N 11Th Pl

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Zoning
    R-5
    Rooms
    Bathroom 4, Bathroom 1, Bathroom 3, Bathroom 2, Bedroom 2, Bedroom 1
    Bedrooms
    2
    APN
    116-26-012
    Parking features
    On Street
    Appliances
    Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Electric (Heating)
    Cooling system
    Electric

    Building Details

    Year built
    1928
    Number of units
    4
    Flooring type
    Tile - Ceramic
    Building materials
    Wood Frame, Stucco
    Roof type
    Composition

    eXp Realty, LLC (602) 525-3224 [email protected]

    Listing agent Natalia Yalin (858) 729-4377

    Listing date Dec 3, 2025

    MLS# 6755668 Listing URL

    Copyright © 2025 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Multifamily Property in Phoenix

    This comprehensively renovated four-unit multifamily property is located in a prime Phoenix location and zoned R-5. The property operates as a short-term rental with a 2024 average occupancy rate of 93% and an Airbnb rating of 4.85 out of 5. The unit mix includes one 2-bedroom, 1-bathroom unit and three studio units. Each unit features its own kitchen, bathroom, and separate private access. The 2-bedroom unit includes its own laundry with a washer and dryer. A backyard serves as a common space for all guests, equipped with a grill, fire pit, and hammock. There is also a separate laundry shed and an additional outside shed used by cleaning and maintenance crews for supplies. Each unit is uniquely renovated and staged to appeal to a broad range of tenants, maximizing occupancy rates and income potential. The property is located within walking distance of ASU, Chase Field, The Van Buren, and the Convention Center, and is a 7-minute drive to the airport. The R-5 Multiple Family Residence Zoning provides flexibility for future expansion or development, enhancing the property's long-term investment potential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Realty agency Spa & Massage Dental Office Hair Salon Restaurant Nail Salon Clothing Store Building Supply Daycare Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.058094
    Latitude
    33.45216

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    FAQs

    What type of property is this?
    Quadplex - Turnkey, renovated four-unit short-term rental property in prime Phoenix location.
    Where is this quadplex located?
    The property is located at 322 N 11Th Pl Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $847,000.
    What are key features of this property?
    This property features: - High-performing short-term rental property with a 10.6% cap rate and 93% average occupancy rate (2024).; - Prime Phoenix location near ASU, Chase Field, The Van Buren, and the Convention Center.; - Turnkey investment with fully renovated units designed for high tenant satisfaction and immediate rental income.
    (858) 729-4377
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    322 N 11Th Pl Phoenix, AZ 85006
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    Phoenix, AZ 85006
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    322 N 11Th Pl Phoenix, AZ 85006
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