Investors Dream! A corner lot in the desirable Farmer Arts District near Downtown Tempe. 2 homes currently on property but true value is in the land and location. Front house is a 2 bed 1 bath with tenant in place. Rear is a studio unit with tenant in place.
Sold for $480,000 on 07/15/25
$480,000
404 W 11th St, Tempe, AZ 85281
28beds
2baths
14,625sqft
Multi Family
Built in 1935
-- sqft lot
$460,000 Zestimate®
$33/sqft
$2,111 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: August 01, 2025 at 10:37am
Listed by:
Rea Rowles 480-208-2044,
eXp Realty
Bought with:
Nick Bastian, SA045994000
AZ Brokerage Holdings, LLC
Source: ARMLS,MLS#: 6881849

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 28
- Bathrooms: 2
Heating
- Electric
Cooling
- Central Air
Appliances
- Included: Washer/Dryer
Features
- Flooring: Other, Concrete
Interior area
- Total structure area: 14,625
- Total interior livable area: 14,625 sqft
Property
Parking
- Total spaces: 4
- Parking features: Other, Free, Add'l Parking Avail, 1 Space/Unit, On Street
- Uncovered spaces: 4
Lot
- Size: 6,500 sqft
- Dimensions: 6500
Details
- Parcel number: 12470064
- Zoning: R-3
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Wood Frame, Painted, Stucco, Block
- Roof: Composition
Condition
- Year built: 1935
Utilities & green energy
- Electric: APS
- Sewer: Public Sewer
- Water: City Franchise
Community & neighborhood
Community
- Community features: No Pool
Location
- Region: Tempe
- Subdivision: VAL VERDE PLAT 1
Other
Other facts
- Listing terms: Owner May Carry
- Ownership: Fee Simple
- Road surface type: Asphalt, Concrete
Services availability
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Estimated market value
$460,000