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$900,000
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Property Description
High Cash flowing investment opportunity! Beautiful and brand new 10 bedroom Assisted Living home for the elderly with long term tenants in place through 03/28. Perfect investment opportunity priced just under a 10% Cap Rate. Home was customized for assisted living and features 9 spacious bedrooms for residents, 3 ADA bathrooms, plus a bonus room for the caregiver/staff. Home features all walk in showers, a new sprinkler system, and C of O for 10 residents. Open concept living room with a large dining room area for residents and landscaped/covered patio for residents to enjoy. The tenants own and operate the business and will remain in the home and are paying $8,000/mo for rent. Tenants responsible for all utilities. Proof of funds required - typically need at least 30% down.
Full Property Details
Full Property Details for 11074 W Tonto
General
- Price: $900,000
- HOA FEE: $95/month
- Taxes: $249 (2024)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6858662
- Updated: 7/8/2025
- Added to Site: 77 day(s) ago
Interior
- Interior Features: Double Vanity, Full Bth Master Bdrm
- Fireplace: Yes
- Fireplace(s): 1 Fireplace
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 9
Parking
- Garage: Yes
- Garage Spaces: 2
Location
- County: Maricopa
- Township: 1N
- Subdivision: VISTA DEL VERDE PHASE 4 REPLAT
- Cross Streets: 107th Ave and Buckeye
Community
- Association: Yes
- Assoc. Name: Trestle Property Man
- Assoc. Fees Include: Maintenance Grounds
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s), Programmable Thermostat
- Heating Type: Electric
Utilities
- Water: City Water
- Utility Description: SRP, SW Gas
Structural Information
- Builder: Richmond American
- Exterior Const.: Stucco, Wood Frame
- Roof: Tile
- Windows: Dual Pane
- Sq. Ft. Source: Owner
- Year Built: 2024
- Property Condition: Complete Spec Home
Lot Features
- Lot Size (Acres): 0.17
- Lot Size (Sq. Ft.): 7,560
- Lot Size Source: Assessor
- Lot Features: Desert Back, Desert Front
Financial Considerations
- Association Fee: $95
- Assoc Fee Freq.: Monthly
- Tax Amount: $249
- Tax Year: 2024
- Terms: Cash, Conventional, 1031 Exchange
Disclosures and Reports
- Ownership: Fee Simple
- Legal Description: LOT 55 VISTA DEL VERDE PHASE 4 REPLAT MCR 152937
- Property ID: 101-09-498
- Range: 1E
- Section: 7
- Lot Number: 55
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Schools
Schools serving 11074 W Tonto
School Districts:Littleton Elementary District, Tolleson Union High School District
Rating | Name | Grades | Distance |
---|---|---|---|
1252 S Avondale Blvd, Avondale, AZ 85323 | PK-8 | 0.7 mi | |
11650 W Whyman Ave, Avondale, AZ 85323 | 9-12 | 1.1 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11074 W Tonto
Date
Details
Price
Change
Source
6/10/2025
Price Reduced
$900,000
-5.26%
MLS
4/29/2025
Listed
$950,000
72.73%
MLS
3/05/2024
Sold
$550,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11074 W Tonto
Year
Property Taxes
Change
Tax Assessment
Change
2024
$249
-2%
$14,265
570%
2023
$255
—
$2,130
15%
2022
$254
—
$1,860
-42%
2022
$254
4%
$3,195
15%
2021
$245
—
$2,775
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11074 W Tonto
11074 W Tonto, Avondale, AZ 85323 (MLS# 6858662) is a Single Family property with 9 bedrooms and 0 full bathrooms. 11074 W Tonto is currently listed for $900,000 and was received on April 29, 2025. Want to learn more about 11074 W Tonto? Do you have questions about finding other Single Family real estate for sale in Avondale? You can browse all Avondale real estate or contact a Coldwell Banker agent to request more information.