
Phoenix, AZ 85014
This Turnkey Multi-Unit Asset is a High-Potential Investment Opportunity, listed at $824,000—positioned well above the $719,798 Fair Market Value by 14%. While priced at a premium, the property offers a Mint Condition Rating with a 2023-renovated 2-bedroom casita and a 3-bedroom main house. Featuring industrial-modern finishes, a private patio, and high walkability in Midtown Phoenix, it provides immediate, proven income potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, income-generating residence in a high-demand urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1058 E WHITTON Avenue Subject | $799,000* List Price | 5 | 3 | 1,729 | $418 | - |
A 1359 E WELDON Avenue Sold | $800,000 | 4 | 2 | 2,032 | $394 | 0.3 mi |
B 1359 E WELDON Avenue Sold | $800,000 | 4 | 2 | 2,032 | $394 | 0.3 mi |
C 1540 E CHEERY LYNN Road Sold | $830,000 | 4 | 3 | 2,090 | $397 | 0.6 mi |
D 1359 E WELDON Avenue Sold | $800,000 | 4 | 2 | 2,032 | $394 | 0.3 mi |
E 1434 E WELDON Avenue Sold | $745,000 | 3 | 3 | 2,100 | $355 | 0.5 mi |
F 1434 E WELDON Avenue Sold | $745,000 | 3 | 3 | 2,100 | $355 | 0.5 mi |
G 1417 E WHITTON Avenue Active | $749,900 List Price | 3 | 3 | 1,760 | $426 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1920, the property has undergone a comprehensive high-end renovation within the last 5 years, including a full casita conversion in 2023. The kitchen and bathrooms feature modern industrial and Spanish-inspired designs with updated stainless steel appliances, custom tile work, and new fixtures. The systems appear updated to support short-term rental standards, placing it in mint, move-in-ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9574, living area = 1729.
The property features a main house and a newly converted 2-bedroom casita (2023), providing a turnkey opportunity for high-yield short-term rentals, corporate housing, or multi-generational living.
Built in 1920 in a rare International Modern style, the home offers soaring vaulted ceilings, skylights, and a spiral staircase, blending historic charm with modern industrial updates.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
With 5 bedrooms and 3 bathrooms distributed across only 1,729 square feet between two units, the individual living areas and bedrooms may feel cramped for long-term residents.
The assigned public schools carry modest ratings (4-5), which may limit the property's appeal to families specifically seeking high-performing educational districts.
Step into a century of character ! A Live -Work -Play opportunity in Midtown Phoenix and with proven income stream. Built in 1920, this rare International Modern-style residence is one of Phoenix's most compelling live-work-invest opportunities. Nestled in the historic Longview neighborhood (Not on the Historic Register- but historic just the same!)...adjacent to the storied Idylwild Historic District and the Historic Phoenix Country Club Golf Course. The property is currently operating as a successful short-term and corporate rental, consistently booked by convention-goers and business travelers drawn to Downtown Phoenix year-round. The main house offers 3-bedrooms and 2-bathrooms with a loft (loft is only room on 2nd level) and has been thoughtfully updated while honoring its historic roots. Soaring vaulted ceilings in the great room draw the eye to dramatic skylights that flood the space with natural light, while a striking spiral iron staircase ascends to an open loft - the kind of feature guests photograph and rave about in reviews. The upgraded kitchen leans fully into the industrial aesthetic with an oversized island and breakfast bar. Updated SS appliances, vent hood and modern tile design embellish the walls with open shelving to display your prized serve ware! down the hall, the primary suite features a spanish inspired tiled bathroom with dual vanity, custom tiled shower with glass enclosure and a custom closet organizer. Pay attention to the details- wood panel trim, fun lighting, ceiling fans and an electric wall fireplace to set the ambiance and warm the room! The casita is a game changer! The former 5-car garage was reimagined in 2023 into a polished 2-bedroom, 1-bath casita complete with a spacious living area, oversized kitchenette with island, and in-unit laundry- everything a corporate guest needs for an extended stay. Its private entrance and front patio make it completely independent from the main house. A generous adjacent storage room is already primed for conversion to a 1-car garage -- just add the door. You could live in the casita and rent the main house or rent the casita as side income- or maybe you have extended family, in laws quarters, student housing- the possibilities are endless! The backyard delivers the kind of wow factor that earns five-star reviews. A versatile bonus structure -- game room, she-shed, or private lounge -- features barn-door windows, a built-in bar, true indoor/ outdoor feel, dedicated A/C wall unit, and full electrical. Open it up for a festive indoor-outdoor flow or close it down for a private retreat. The covered patio ties it all together for seamless alfresco entertaining that guests will not forget. The outdoor pergola is complete with fan misting system and party lighting. Are you looking for that urban walkability? This property is walkable to public transit , restaurants and more! Surrounded by some of Phoenix's best dining, this address scores a 10 for urban living. Minutes to Downtown Phoenix's convention center and major corporate destinations, the property draws a consistent stream of professionals, event attendees, and extended-stay guests who return again and again. The adjacent Idylwild and prestigious Phoenix Country Club neighborhood and Crystal Towers Executive Condo complex adds to the area's historic prestige and curb appeal. This property practically runs itself. Its location is a short-term rental operator's dream -walkable to public transit, minutes from Downtown Phoenix's convention center, restaurants, and corporate hubs, and surrounded by the kind of historic charm that commands premium nightly rates. The main house and casita function as completely independent units, offering maximum scheduling flexibility: rent both simultaneously, live in one while renting the other, or continue the turnkey operation as-is. Vacancy is rarely a concern here. Hurry this one is a gem!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 7-8 • 2.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,729 | - |
| Lot Size | 9,574 | - |
| Price | $799.0K | $495.4K |
| Price per sq ft | $462 | $290 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 68 | 1260 |
Jul 9, 2026
$799,000
$824,000
-3% Price Drop
Initial Listing
May 15, 2026
$824,000
Initial Listing