1145 W Willetta Street, Phoenix, AZ 85007, Phoenix, 85007 - 3 bed, 2 bath
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Phoenix, AZ 85007
This property presents a High-Potential Investment Opportunity with a List Price of $630,000—positioned well above the $615,344 Fair Market Value by -2%. As a historic 1936 Single Family Residence with a Condition Rating of 5, this asset requires a full-scale renovation to modernize its original builder designs. Located in the Story Addition Historic District, the property offers significant value-add potential for Fix-and-Flip Investors or Contractors capable of restoring its architectural character while upgrading essential systems for modern living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1145 W Willetta Street Subject | $630,000* List Price | 3 | 2 | 1,795 | $343 | - |
A 2209 N 12TH Avenue Sold | $695,000 | 3 | 2 | 1,941 | $358 | 0.6 mi |
B 829 N 8TH Avenue Sold | $630,000 | 0 | 0 | 1,800 | $350 | 0.5 mi |
C 1118 W LYNWOOD Street Pending | $549,950 List Price | 4 | 2 | 2,117 | $260 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1936 and described as a 'blank slate' with original builder designs, this historic property requires a full rehab to meet modern standards. While currently tenant-occupied, the age of the structure and the lack of visible updates to the kitchen, baths, and systems suggest they are well beyond their 30-50 year life expectancy.
Situated in the highly desirable Story Addition Historic District, this property offers unique architectural character and long-term value preservation in a picturesque neighborhood.
The home boasts a central location with immediate access to downtown Phoenix dining, major freeways (I-10 and I-17), Sky Harbor Airport, and cultural landmarks like Encanto Park.
As a 'blank slate' on a corner lot with original builder designs, this property presents a significant opportunity for investors or homeowners to customize and build equity through renovation.
The requirement for a 48-hour notice and the presence of a tenant may complicate the viewing process and deter buyers looking for a quick or flexible inspection period.
Marketed as a 'blank slate,' the property likely requires substantial capital investment to modernize the 1936 structure and systems to meet contemporary standards.
DO NOT disturb the current tenant. Listing Agent will send 48-hour notice to show for serious buyers. Here's your blank slate to create your own home in this Picturesque Historic home Distric in the heart of Story Addition. Corner lot near Encanto Park, AZ Capitol Museum, Phoenix Children's Museum, Sky Harbor Airport, 10 & 17 freeways and all the downtown Phoenix entertainment, dining, shopping and vibe. So many original builder designs throughout.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.8 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,795 | - |
| Lot Size | 6,987 | - |
| Price | $630.0K | $495.4K |
| Price per sq ft | $351 | $290 |
| Built year | 1936 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 1260 |
Jul 7, 2026
$630,000
Initial Listing