
Phoenix, AZ 85014
This Renovated Dual-Living Property is listed at $725,000, offering a high-utility asset in central Phoenix. Boasting a Condition Rating of 2 following a 2022 Full Renovation, the property features a modern shaker kitchen, private patio, and a detached 2-bed guest house. While priced above the $604,461 Fair Market Value, the income potential and proximity to Madison Camelview, Madison Park, and North High School provide long-term stability. This move-in-ready estate is an ideal acquisition for House-Hacking Investors or Multi-Generational Families seeking a versatile urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1005 E MARIPOSA Street Subject | $695,000* List Price | 5 | 3 | 1,005 | $575 | - |
A 1035 E PIERSON Street Sold | $590,000 | 3 | 2 | 1,164 | $507 | 0.1 mi |
B 1035 E PIERSON Street Sold | $590,000 | 3 | 2 | 1,164 | $507 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive renovation in 2022, bringing all major components up to modern standards. The kitchen features new white shaker cabinetry, stainless steel appliances, and a contemporary tile backsplash. The bathrooms have been fully updated with modern vanities and tiled walk-in showers. With new flooring, fresh paint, and updated fixtures throughout, the home shows no signs of deferred maintenance and meets the criteria for a recently renovated, high-quality property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7568, living area = 1005.
The detached 2-bedroom, 2-bathroom guest house provides exceptional flexibility for rental income, house hacking, or multi-generational living arrangements.
Fully renovated in 2022, this property offers modern finishes and a move-in-ready condition, significantly reducing the need for immediate capital improvements.
With 5 bedrooms and 3 bathrooms distributed across only 1,005 square feet, the individual room sizes and common areas are likely to feel exceptionally small and constrained.
Despite the recent renovation, the original 1944 construction may still harbor underlying issues related to aging structural elements or utility systems typical of homes from this era.
This fully renovated 2022 property delivers the kind of flexibility buyers are searching for in central Phoenix. The property includes a 3 bed / 1 bath main home plus a detached 2 bed / 2 bath guest house, creating endless possibilities. Live in the main home while generating income from the guest house, host extended family with privacy, or create the ultimate work-from-home setup. The detached layout makes this property ideal for house hacking, generational living, or investment use. Located in a rapidly evolving pocket of Phoenix close to dining, shopping, and major corridors, this is a rare opportunity to own a move-in ready property with built-in income potential.
No exterior & parking available.
Grades PK-4 • 1.3 mi
Grades 5-8 • 0.8 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 99% |
| Baths | 3.0 | 2.0 | 72% |
| Square foot | 1,005 | 1,695.5 | 8% |
| Lot Size | 7,568 | 7,756 | 48% |
| Price | $695.0K | $485.0K | 72% |
| Price per sq ft | $692 | $324 | 96% |
| Built year | 1944 | 1952 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 34 | 1642 | 1% |
Apr 15, 2026
$695,000
$725,000
-4% Price Drop
Initial Listing
Mar 23, 2026
$725,000
Initial Listing