701 N 111TH Drive, Avondale, AZ 85323

$389,000
Property Type: Residential Bedrooms: 3 Baths: 3 Square Footage: 1,898 Lot Size (sq. ft.): 4,126 Status: Active
Current Price: $389,000 Last Modified: 9/08/2026

Overview

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.

Listing Details MLS# 7077034

Location, Tax & Legal

House Number
701
Compass
N
Street Name
111TH
St Suffix
Drive
City/Town Code
Avondale
State/Province
AZ
Zip Code
85323
Zip4
7940
Country
US
County Code
Maricopa
Assessor Number
102-57-018
Subdivision
WATERFORD SQUARE AMD
Tax Year
2025
Assessor's Map #
57
Legal Description (Abbrev)
LOT 9 WATERFORD SQUARE AMD MCR 068327
Assessor's Parcel #
18
Tax Municipality
Avondale
Taxes
1772

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Full Bathrooms
2
Half Bathrooms
Yes
Total Bathrooms
3
Approx SQFT
1898
Price/SqFt
204.95
Horses
N
Builder Name
KB Homes
Year Built
2004
Approx Lot SqFt
4126
Approx Lot Acres
0.095
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Littleton Elementary District
High School District
Tolleson Union High School District
Elementary School
Collier Elementary School
Jr. High School
Littleton Elementary School
High School
Tolleson Union High School

Remarks Misc

Cross Street
AVONDALE BLVD AND VAN BUREN
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.

Legal Info

Township
1N
Range
1E
Section
6
Lot Number
9

Basement

Basement Y/N
N

More Information

Parking Spaces

Garage Spaces
2
Slab Parking Spaces
2
Total Covered Spaces
2

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Tile
Yes
Concrete
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
150
HOA Fee
105
HOA Paid Frequency
Monthly
HOA Name
Waterford Square
HOA Telephone
623-877-1396
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
210
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
0
Disclosure Fees HOA
400
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
105

Lockbox Type

Supra
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Separate Shwr & Tub
Yes
Double Vanity
Yes

Dining Area

Formal
Yes
Breakfast Bar
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Electric Oven
Yes
Electric Range
Yes
Refrigerator
Yes

Cooling

Central Air
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

Block
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes
FHA
Yes

Utilities

SRP
Yes

Existing 1st Loan

FHA
Yes

Landscaping

Desert Front
Yes
Grass Back
Yes
Yrd Wtring Sys Front
Yes
Yrd Wtring Sys Back
Yes

Disclosures

Seller Discl Avail
Yes
Agency Discl Req
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

Other (See Remarks)
Yes

Assoc Rules/Info

Other (See Remarks)
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Separate Shwr & Tub; Double Vanity Spa: None Dining Area: Formal; Breakfast Bar Kitchen Features: Electric Oven; Electric Range; Disposal; Dishwasher; Refrigerator Laundry: Washer Included; Dryer Included Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Tile; Concrete Cooling: Central Air Heating: Electric Utilities: SRP Water Source: City Water Sewer: Sewer - Public Fencing: Block Landscaping: Desert Front; Grass Back; Yrd Wtring Sys Front; Yrd Wtring Sys Back Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: Other (See Remarks) Existing 1st Loan: FHA New Financing: Cash; VA; FHA; Conventional Disclosures: Seller Discl Avail; Agency Discl Req
IDX
Listing Office: Luxe Collective Group LLC
Last Updated: September - 08 - 2026
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