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
Closing Date
May 27, 2026
Days on Market
15
Status
CLOSED
MLS#
7018249
City
Tempe
Bedrooms
3
Bathrooms
2
Living SQFT
1,008
Lot Size
5,293
Subdivision
Mitchells 4th Sub
Year Built
1965
Type
Single Family Residence

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

Elementary School
Holdeman Elementary School
High School
Tempe High School
Middle School
Geneva Epps Mosley Middle School
Acres
0.12
Assoc Fee Includes
No Fees
Builder Name
N/A
Construction
Block
Cooling
Central Air
Fencing
Back Yard
Heating
See Remarks
Laundry
None
Living Area
1,008
Lot Size
5,293
New Financing
Cash, Conventional
Lot Features
Grass Front, Natural Desert Front
Roofing
Composition
Spa
None
Stories
1
Subdivision
Mitchells 4th Sub
Taxes
$1,798
Tax Year
2025
Water
Public

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Calculator source: Real Geeks

Listing courtesy of Keller Williams Integrity First. 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.