4-Unit Short-Term Rental
New
For Sale
$745,000
322 N 11TH Place, Phoenix, AZ 85006
Multiple Dwellings, Phoenix, AZ
Property SizeContact for details
Days on Market5
Property Features for 322 N 11TH Place
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R-5
Parking features
On Street
Security features
Security Alarm
Appliances
Free-Standing Range, Dishwasher, Refrigerator, Microwave, Washer/Dryer
Subdivision
MARSTON HEIGHTS
Elementary school
Garfield School
Middle school
Garfield School
Elementary school district
Phoenix Elementary District
Middle school district
Phoenix Union High School District
High school district
Phoenix Union High School District
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.
Standard status
Active
APN
116-26-012
Taxes and HOA fees
Tax Year
2025
Tax Description
LOT 9 MARSTON HEIGHTS MCR 000507
Tax Annual Amount
2236
Legal Description
LOT 9 MARSTON HEIGHTS MCR 000507
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating)
Cooling system
Electric
Amenities
grill
fire pit
hammock
laundry shed
Building Details
Year built
1928
Number of units
4
Flooring type
Tile - Ceramic
Building materials
Wood Frame, Stucco
Roof type
Composition
Listing Agency:
My Home Group Real Estate
(602) 399-2748
Listed By:
Natalia Yalin · License #SA695323000
(858) 729-4377
Added: Sep 28
Changed: Oct 2
Last Checked: Oct 2 at 12:06PM
MLS# 7086654
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This four-unit short-term rental property was built in 1928 and renovated. The unit mix comprises one two-bedroom, one-bath residence and three studios. Each unit has a kitchen, bathroom, and separate entrance. The two-bedroom unit includes a washer and dryer, and a shared laundry shed serves the property. A common backyard has a grill, fire pit, and hammock; an additional exterior shed provides storage for cleaning and maintenance supplies. The property is zoned R-5 and has a 10.6% cap rate and a 2026 average occupancy rate of 72%. The reported Airbnb rating is 4.85 out of 5.
Located in Downtown Phoenix, the property is minutes from Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and Van Buren. Public sewer, electric heating and cooling, and on-street parking are listed. Flooring is ceramic tile, and the roof is composition.
Located in Downtown Phoenix, the property is minutes from Chase Field, the Convention Center, ASU Downtown, Roosevelt Row, and Van Buren. Public sewer, electric heating and cooling, and on-street parking are listed. Flooring is ceramic tile, and the roof is composition.
Key Highlights
- Four units: one 2 BD‑1BA residence and three studios
- 10.6% cap rate and 2026 average occupancy rate of 72%
- Airbnb rating of 4.85 out of 5
Property Analytics
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Current Use
Lease Details
4
Residential units
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
1,522
Businesses Nearby
Explore this area
Business Placement
Demographics for 85006, AZ
23,797
Population
10,607
Households
2.2
Avg Household Size
34
Median Age
27%
College-Educated
78%
High-School Grad
4.0 sq mi
ZIP Area
5,949
Density / Sq Mi
$60,742
Median Household Income
$39,899
Median Earnings
$1,168
Median Rent
$376,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Short term rental property - Each residence has its own kitchen, bathroom, and private entrance, with shared outdoor guest amenities.
Where is this short term rental property located?
The property is located at 322 N 11TH Place Phoenix, AZ.
What is the asking price?
The asking price for this property is $745,000.
What are key features of this property?
This property features: Four units: one 2 BD‑1BA residence and three studios; 10.6% cap rate and 2026 average occupancy rate of 72%; Airbnb rating of 4.85 out of 5
