For sale

$389,000

701 N 111TH Drive, Avondale, AZ 85323

3beds

1,898sqft

$2,474/mo

Get pre-qualified

Single Family Residence

Built in 2004

4,126 Square Feet Lot

$-- Zestimate^®

$205/sqft

$105/mo HOA

What's special

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.

1 day
65
6

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 2
1/2 bathrooms: 1

Heating

Electric

Cooling

Central Air

Appliances

Included: Dryer, Washer, Refrigerator, Dishwasher, Disposal, Electric Range, Electric Oven

Features

Double Vanity, Breakfast Bar, Full Bth Master Bdrm, Separate Shwr & Tub
Has basement: No
Has fireplace: No

Interior area

Total structure area: 1,898
Total interior livable area: 1,898 sqft

Property

Parking

Total spaces: 4
Parking features: Garage, Open
Garage spaces: 2
Uncovered spaces: 2

Features

Stories: 2
Spa features: None
Fencing: Block

Lot

Size: 4,126 Square Feet
Features: Sprinklers In Rear, Sprinklers In Front, Desert Front, Grass Back

Details

Parcel number: 10257018

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Materials

Stucco, Wood Frame, Painted
Roof: Tile,Concrete

Condition

Year built: 2004

Details

Builder name: KB Homes

Utilities & green energy

Sewer: Public Sewer
Water: City Water

Community & HOA

Community

Subdivision: WATERFORD SQUARE AMD

HOA

Has HOA: Yes
Services included: Other (See Remarks)
HOA fee: $105 monthly
HOA name: Waterford Square
HOA phone: 623-877-1396

Location

Region: Avondale

Financial & listing details

Price per square foot: $205/sqft
Tax assessed value: $301,300
Annual tax amount: $1,772
Date on market: 9/7/2026
Listing terms: Cash,Conventional,FHA,VA Loan
Ownership: Fee Simple

Estimated market value

Not available

Estimated sales range

Not available

Price history

Date	Event	Price
9/7/2026	Listed for sale	$389,000+254.6%$205/sqft
Source: ARMLS #7077034 Report a problem
5/5/2010	Sold	$109,700+33%$58/sqft
Source: ARMLS #4352817 Report a problem
11/6/2009	Sold	$82,500-53.9%$43/sqft
Source: Public Record Report a problem
1/9/2007	Sold	$179,000$94/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$1,750 +11.6%	$30,130 -10.1%
2024	$1,567 -2.4%	$33,510 +201.6%
2023	$1,606 -0.7%	$11,109 -44.5%
2022	$1,618 +7.6%	$20,030 +17.6%
2021	$1,503 +0.3%	$17,030 +5.4%
2020	$1,498 +8.5%	$16,160 +13.7%
2019	$1,381	$14,210 +7.9%
2018	$1,381 +7%	$13,170 +11.5%
2017	$1,290 +8.8%	$11,810 +5.8%
2016	$1,186 -0.6%	$11,160 +5%
2015	$1,194	$10,630 +37.7%
2014	--	$7,720 +18.6%
2013	--	$6,510 -12.1%
2012	--	$7,410 -6.8%
2011	--	$7,950 -23.6%
2010	--	$10,410 -36.2%
2009	--	$16,310 -29.1%
2008	--	$23,000 +8%
2007	--	$21,300 +55.5%
2006	--	$13,700 -7.1%
2005	--	$14,750