
Phoenix, AZ 85004
Analysis of 130 E ALVARADO Road, Phoenix, AZ 85004 is currently available with a list price of $875,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1935, the property underwent a comprehensive high-end renovation in 2023 and 2024. Key updates include a fully remodeled kitchen with marble countertops and high-end appliances, fully updated bathrooms, a new HVAC system (2023), and updated plumbing (2024). The home is in mint, move-in-ready condition with all major systems recently replaced.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9314, living area = 1803.
This 1935 bungalow perfectly balances original character, such as coved plaster walls and hardwood floors, with critical 2023-2024 updates including a new HVAC system, updated plumbing, and fully remodeled kitchen and bathrooms.
The property includes a separate one-bedroom, one-bathroom casita, offering versatile space for a home office, guest quarters, or potential rental income, which is a highly sought-after feature in the historic district.
The assigned public schools for this location currently have lower ratings (3/10), which may be a drawback for families prioritizing high-performing public education.
With a total of 1,803 square feet split between the main house and the casita, the primary living spaces may feel small or restrictive for buyers accustomed to larger, modern floor plans at this price point.
In the heart of the Alvarado Historic District - one of Central Phoenix's most quietly rare communities, with just 33 homes - this red brick bungalow rises with a kind of romance you don't come across often. Grounded, timeless, deeply rooted in its history. This is a neighborhood where people actually know each other, where the cul-de-sac becomes the gathering place and community is something you can genuinely feel. The home itself has been beautifully reimagined, holding onto everything that makes this address so special while gently elevating the way you live inside it. Impactful improvements bring peace of mind, including a new HVAC system in 2023, fully remodeled kitchen and bathrooms in 2023, and updated plumbing beneath the home completed in 2024. From the moment you enter, the character is undeniable. Coved plaster walls and gorgeous hardwood floors set a tone that feels both grounded and timeless. Two inviting living areas and a beautiful dining space are drenched in natural light and warmed by a fireplace. The kitchen opens effortlessly with a large butcher block island, fresh white cabinetry, bright granite countertops, stunning Saltillo tile flooring, and high-end stainless appliances with a gas range - designed for both everyday living and gathering. Just beyond the main home, a detached private studio with its own restroom gives you a quiet, dedicated space to work or create - tucked away, flexible, entirely your own. Outside, the home continues to give. Privacy in this grassy backyard, surrounded by beautiful shade trees, is unmatched. A detached two-car garage adds to the rarity of what this home offers. And the life just beyond the front door is effortless - Walk to Oven and Vine, watch the new food hall coming to McDowell and 3rd take shape in real time. Ride the freshly added bike lanes on 3rd Avenue and feel what it actually means to live in your city. Welcome to 130 E. Alvarado, where the moment you arrive, you're gently invited in, held in its story, and reminded of what home is meant to feel like.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,803 | - |
| Lot Size | 9,314 | - |
| Price | $875.0K | $495.4K |
| Price per sq ft | $485 | $290 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 91 | 1260 |
Jun 12, 2026
$875,000
$896,000
-2% Price Drop
Initial Listing
Apr 23, 2026
$896,000
Initial Listing