1209 E MORELAND Street, Phoenix, AZ 85006, Phoenix, 85006 - 3 bed, 3 bath
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Phoenix, AZ 85006
This Modernized 1926 Historic Bungalow is a Strong Value Opportunity, listed at $579,900—positioned well below the $607,872 Fair Market Value by 4%. This valuation gap provides $27,972 in Instant Equity. Boasting an Excellent Condition Rating following a 2017 renovation and 2025 Roof and HVAC upgrades, the home features hand-scraped wood floors and a detached garage with ADU potential. Located in the Garfield Historic District near the Downtown Art District, it offers a turnkey urban lifestyle. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1209 E MORELAND Street Subject | $579,900* List Price | 3 | 3 | 1,550 | $392 | - |
A 1442 E PALM Lane Sold | $565,000 | 3 | 2 | 1,413 | $400 | 0.7 mi |
B 1810 N MITCHELL Street Sold | $715,000 | 3 | 2 | 1,485 | $481 | 0.5 mi |
C 1616 E WILLETTA Street Sold | $538,000 | 3 | 3 | 1,311 | $410 | 0.6 mi |
D 1318 E PALM Lane Sold | $685,000 List Price | 3 | 2 | 1,440 | 0.6 mi | |
E 1810 N MITCHELL Street Sold | $715,000 | 3 | 2 | 1,585 | $451 | 0.5 mi |
F 1318 E PALM Lane Sold | $410,000 List Price | 3 | 2 | 1,345 | 0.6 mi | |
G 1628 E GRANADA Road Active | $439,000 List Price | 3 | 2 | 1,643 | $267 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This property is in turn-key condition following a complete permitted renovation in 2017 and very recent high-ticket upgrades including a new roof and HVAC system in 2025. The interior features high-quality modern finishes such as hand-scraped wood flooring, a contemporary kitchen with white shaker cabinetry and quartz countertops, and fully updated bathrooms with glass-enclosed showers and modern tiling. All major systems are new or virtually new, meeting the highest standards for the 'excellent' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7125, living area = 1550.
This 1926 bungalow offers a perfect blend of historic character and modern convenience, featuring a full 2017 renovation, a brand-new 2025 roof with spray foam insulation, and a new HVAC system for a truly turn-key experience.
Situated in the vibrant Garfield Historic District, the property is within walking distance of the Downtown Art District, First Fridays, and popular restaurants, providing an exceptional urban lifestyle.
The assigned public schools carry ratings of 3 and 4, which may be a consideration for families prioritizing high-performing educational districts.
At 1,550 square feet for a three-bedroom, three-bathroom configuration, the interior layout may feel somewhat constrained for buyers accustomed to more expansive modern floor plans.
ONE OF KIND PROPERTY IN THE HISTORIC GARFIELD COMMUNITY. MODERN AND UPDATED FINISHES WITHOUT COMPROMISING THE CHARM OF THIS 1926 BUNGALOW. OPEN FLOORPLAN WITH HANDSCRPAED WOOD FLOORS. PROPERTY WAS COMPLETEY RENOVATED WITH PERMITTED ADDITIONS IN 2017. NEW ROOF IN 2025 WITH SPRAY FOAM INSULATATION ON UNDERSIDE IN ATTIC. NEW HVAC!!! DETATCHED 1 CAR GARAGE - COULD MAKE A GREAT RENTAL UNIT OR STUDIO. PLENTY OF PARKING WITH ELECTRIC GATE ENTRY DRIVE WAY. THIS IS A TURN KEY HISTORIC PROPERTY CLOSE TO DOWNTOWN ART DISTRICT, WALK TO FIRST FRIDAYS AND FABULOUS RESTAURANTS. EAST COMMUTE TO ALL AREAS OF GREATER PHOENIX AND SURROUNDING CITIES.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 1,550 | 1,344 | 66% |
| Lot Size | 7,125 | 6,799 | 60% |
| Price | $579.9K | $415.3K | 85% |
| Price per sq ft | $374 | $327 | 66% |
| Built year | 1926 | 1942 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 52 | 1489 | 1% |
Mar 5, 2026
$579,900
Initial Listing