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About This Home
This 3-bedroom, 2-bathroom single family at 705 W 11th Street in Tempe, AZ is listed for $325,000 ($322 per sqft). Built in 1965, the home offers 1,008 sqft of living space on a 0.12 acres lot.
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.
Key Features
- Built in 1965
- 0.12 acre lot
Property Details
Amenities
Monthly Cost Estimate
$1,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
705 W 11th Street
Tempe, AZ 85281
Mitchells 4th SUB
Property Details
Construction
Cooling
Questions & Answers
This 3-bedroom, 2-bathroom single family at 705 W 11th Street is listed at $325,000 ($322/sqft). The estimated monthly payment is $1,408 based on 20% down at 6.5% interest.
Key features include: Built in 1965, 0.12 acre lot.
This property is listed by Craig Rafferty and can be reached at 9285435451 or craig.rafferty@strattonre.net.
