1335 E MORELAND Street, Phoenix, AZ 85006, Phoenix, 85006 - 2 bed, 1 bath
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Phoenix, AZ 85006
This Renovated 1930s Historic Residence is a Prime Investment Opportunity, listed at $385,000—positioned well below the $435,974 Fair Market Value by 11%. This valuation gap provides $50,974 in Instant Equity. Boasting a Mint Condition Rating, the home features a comprehensive modern remodel with quartz countertops, stainless steel appliances, and a new roof. The oversized 7,119 sqft lot includes RV parking and a private patio, situated near Roosevelt Row and Banner Medical Center. This is an exceptional find for Owner-Occupants or Buy-and-Hold Investors seeking a turnkey asset in a high-demand urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1335 E MORELAND Street Subject | $384,000* List Price | 2 | 1 | 1,064 | $370 | - |
A 1150 E POLK Street Sold | $399,000 List Price | 3 | 2 | 1,278 | 0.6 mi | |
B 2232 N 13TH Street Sold | $380,000 | 2 | 2 | 1,101 | $345 | 0.8 mi |
C 1506 E DIAMOND Street Sold | $385,000 | 2 | 1 | 1,118 | $344 | 0.2 mi |
D 2207 N EDGEMERE Street Sold | $465,000 | 2 | 1 | 1,057 | $440 | 0.8 mi |
E 1512 E CYPRESS Street Sold | $415,000 | 3 | 1 | 1,206 | $344 | 0.8 mi |
F 1512 E CYPRESS Street Sold | $415,000 | 3 | 1 | 1,206 | $344 | 0.8 mi |
G 350 N 15TH Street Active | $360,000 List Price | 2 | 1 | 939 | $383 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1934, the property has undergone a comprehensive recent renovation (likely <5 years) including a new roof, a modern kitchen with quartz countertops and stainless steel appliances, updated flooring, and fresh paint, meeting the criteria for mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7119, living area = 1064.
The home is move-in ready with high-end updates including a new roof, quartz countertops, and stainless steel appliances, offering modern comfort in a historic shell.
Perfectly positioned between Roosevelt Row and Banner Medical Center with no HOA, this property offers exceptional access to Phoenix's premier arts district and major employment hubs.
With only one bathroom for a two-bedroom home, the layout may present a challenge for multi-occupant households and could impact long-term resale value.
Built in 1934, the property may have underlying structural or utility limitations common to older homes that are not fully addressed by cosmetic remodeling.
Beautifully remodeled home, perfectly located in central Phoenix. The home features new roof, quartz countertops, stainless steel appliances, freshly painted, move in ready! It sits perfectly between Roosevelt Row Banner Medical Center, great schools and in a highly sought out neighborhood with no HOA. Huge lot with RV parking and side gate.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 30% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 1,064 | 1,342 | 17% |
| Lot Size | 7,119 | 6,852 | 60% |
| Price | $384.0K | $423.8K | 39% |
| Price per sq ft | $361 | $328 | 63% |
| Built year | 1934 | 1945 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 1345 | 1% |
May 15, 2026
$384,000
$385,000
+0% Price Increase
Initial Listing
May 2, 2026
$385,000
Initial Listing