11074 W Tonto St Avondale, AZ 85323
Property details
About 11074 W Tonto St
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.
Highlights
Summary
- Flooring Type: Tile
- Interior: Double Vanity, Full Bth Master Bdrm
- Fireplace: 1 Fireplace
- Total Bedroom Count: 9
- Garage Space: 2 spaces
- Private Pool: No
- Heating: Electric
- Cooling: Central Air, Ceiling Fan(s)
- List Price: $950,000
- Price/SqFt: $307
- HOA Amount: $95 Monthly
- Annual Tax Amount: $255
- Tax Year: 2024
- Lot: Desert Back, Desert Front
- Directions: FROM I-10 HEAD SOUTH TO MARICOPA ST THEN EAST TO 110TH AVE THEN HEAD NORTH TO PROPERTY
- Year Built: 2024
- Stories: 1
- Living Area: 3,093 SqFt
- Lot Size: 0.17 Acres
- MLS Number: 6858662
- MLS Name: Arizona Regional Multiple Listing Service 2
- Office Name: HomeSmart Realty
- Office Phone: (602) 230-7600
- Office Email: emitchell@homesmart.com
- Listing Agent: Christopher Vlad
The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 12:55:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$950,000
11074 W Tonto St
$10,000
closing credit¹
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Mar 22, 2024 | Home Sold | $550,000 |
| Nov 17, 2020 | Home Sold | $8,952,215 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $2,130 | $255 |
| 2023 | $1,860 | $254 |
| 2022 | $3,195 | $244 |
History based on county public records data.
Nearby schools
4
Imagine Avondale Elementary School
Public Charter KG-5
2.4 mi
•950 N Elisio C. Felix Jr Way
2
Eliseo C. Felix School
Public District 2-5
3.1 mi
•540 E La Pasada Blvd
4
Rancho Santa Fe Elementary School
Public District PK-5
3.2 mi
•2150 N Rancho Santa Fe Blvd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $94,960. The majority of Avondale, AZ residents have income between $35k-100k annually. The majority of families are married, with kids. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
What level of education do the neighbors have?
What types of families live nearby?
Are the neighbors home owners or renters?
How old are people in this area?
What do the neighbors do for fun?
Soccer
College Basketball
Mexican League Soccer
Where do the neighbors shop?
Burlington
Dillards
Books-a-Million
Where do the neighbors go to eat?
Wingstop
Logan's Roadhouse
Church's Chicken
What do the neighbors drive?
Nissan
Hyundai
Toyota
What do the neighbors listen to?
Christian Adult Contemporary
Rock
Adult Hits
Frequently asked questions
About 11074 W Tonto St
The listing price of 11074 W Tonto St property is $950,000.
The property 11074 W Tonto St is a house located in Avondale, Arizona, 85323.
Active Listing: 11074 W Tonto St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 11074 W Tonto St are: Imagine Avondale Elementary School (GreatSchools Rating 4/10), Eliseo C. Felix School (GreatSchools Rating 2/10), Rancho Santa Fe Elementary School (GreatSchools Rating 4/10), Littleton STEM Academy for Computer Science (GreatSchools Rating 3/10), Quentin STEM Academy for Health Sciences (GreatSchools Rating 4/10), Collier Business Academy for Financial Literacy (GreatSchools Rating 3/10), La Joya Community High School (GreatSchools Rating 4/10), Tolleson Union High School (GreatSchools Rating 5/10), University High School (GreatSchools Rating 10/10).
According to the records, the last property tax for 2024 is $255 (source: MLS/based on county public records data).
The last sale was on March 22, 2024 for $550,000 (source: MLS/tax record).
The property at 11074 W Tonto St has 9 bedrooms and 3 bathrooms.
The property 11074 W Tonto St is 3,093 SqFt (source: MLS/tax record).
The year of construction for 11074 W Tonto St is 2024.
This home is located at 11074 W Tonto St in Avondale, AZ and zip code 85323 in the Vista del Verde neighborhood. This 3,093 square foot home, which was built in 2024, sits on a 0.17 acre lot. Features: 9 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since April 29, 2025 and is currently priced at $950,000.
In April 2025, from all listings sold in Avondale, AZ there were more than 12 sold above asking price, over 31 sold below and more than 27 were sold right at the asked price. The inventory of homes for sale in Avondale, AZ between March and April 2025 decreased by 0.7%. In April 2025, listings were on the market for 81 days. During the same period, the median list price in this real estate market was $420,037.