Address
701 N 111th Drive, Avondale, AZ
Price
$ 389,000
Property Attributes
  • MLS#7077034
  • TypeSingle Family
  • Listing Status Active
  • CountyMARICOPA
  • CityAvondale
  • NeighborhoodWATERFORD SQUARE AMD
  • Zip85323
  • StyleResidential
  • Year Built2004
  • Taxes$ 1772
  • Price$ 389,000
  • Bedrooms3
  • Full Bathrooms2
  • Half Bathrooms1
  • Sqr Footage1898
  • Lot Size0.09 Acres
Data Source:
Arizona Regional MLS (ARMLSN)
Property Description

Great opportunity for investors seeking a tenant-occupied property with immediate rental income. The home is well maintained and currently has a long-term tenant paying $2,300/month ($27,600 annual gross rent). A new A/C unit was installed in August 2026, helping reduce near-term capital expenses. Located in Avondale's growing West Valley corridor with convenient I-10 access to Downtown Phoenix and surrounding areas. Nearby amenities include shopping, dining, parks, schools, and Estrella Mountain Community College. Please do not disturb the tenant. Subject to tenant rights and proper notice. Buyer to verify all facts, figures, lease terms, schools, HOA, and other material information.

Elementary School Middle School High School
Collier Elementary School Littleton Elementary School Tolleson Union High School
Price History
9/7/2026 Listed $389,000

General Features

Sewer Public Sewer
Heating Electric
Cooling Central Air
Utilities SRP
Possession Close Of Escrow
Roof Tile,Concrete
HOA Fee 105.0
Garage Spaces 2.0
Association Fee Includes Other (See Remarks)
Construction Materials Stucco,Wood Frame,Painted
Year Built 2004
Township 1N
Property Subtype Single Family Residence
Tax Year 2025
Ownership Fee Simple
Assoc Fee Paid Per Monthly
County Maricopa
New Construction No
Property Type Residential
HOA Yes
Subdivision Name WATERFORD SQUARE AMD
Special Listing Conditions N/A
Status Active
Directions I-10 TO AVONDALE BLVD. GO SOUTH TO VAN BUREN. TURN LEFT TO 111TH AVE. THEN MAKE A LEFT ON 111TH AVE TO TAYLOR. MAKE A LEFT ON TAYLOR TO 111TH DR. THEN MAKE A RIGHT ON 111TH DR TO THE PROPERTY.
High School Tolleson Union High School
City Avondale
Disclosures Agency Discl Req,Seller Discl Avail
Association Name Waterford Square
High School District Tolleson Union High School District
Open Parking Spaces 2.0
Lot Size Units Square Feet
Lot Size Square Feet 4126.0
Carport Spaces 0.0
Carport Y/N No
Spa Features None
Elementary School Collier Elementary School
Property Attached Y/N No
Land Lease Y/N No
Tax Annual Amount 1772.0
Home Warranty Y/N No
Current Financing FHA
Middle/Junior High School Littleton Elementary School
Lease Renewal Y/N No
Lease Considered Y/N No
Rent Control Y/N No
Builder Name KB Homes
Standard Status Active
Occupancy Type Tenant
Elementary School District Littleton Elementary District
Tax Lot 9
MobileHomeRemainsYN No
New Financing: Conventional True
Senior Community No
New Financing: FHA True
Ttl Monthly Fee Equiv 105.0
New Financing Cash True
New Financing: VA True

Interior Features

Interior Amenities Double Vanity,Breakfast Bar,Full Bth Master Bdrm,Separate Shwr & Tub
Total Stories 2
Air Conditioning Y/N Yes
Heating Y/N Yes
Fireplace Y/N No
Total Bedrooms 3
LivingAreaSource Assessor
Total Baths 3
Bedrooms Possible 3

Exterior Features

Fencing Block
Lot Features Sprinklers In Rear,Sprinklers In Front,Desert Front,Grass Back
Water Source Public
Lot Size Area 4126.0
Spa No
Lot Size Acres 0.09
Lot Size Source Assessor
Waterfront Y/N No
Covered Spaces 2.0
Crops Included Y/N No
Horse Y/N No
Irrigation Water Rights Y/N No

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 85323

Price
AVG $440K
$390K
Taxes
AVG $1,649
$1,772
Year Built
AVG 2012
2004
Visits
AVG 262
31
Data Provided by Inside Real Estate®

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