1338 E FILLMORE Street, Phoenix, AZ 85006, Phoenix, 85006 - 7 bed, 4 bath
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1338 E FILLMORE Street
Phoenix, AZ 85006
ACTIVE
CONDITION: EXCELLENT
7Beds
4Baths
1,060Sq Ft
0Lot Size
Property Price
LIST PRICE$995,000
SUMMARY
Analysis of 1338 E FILLMORE Street, Phoenix, AZ 85006 is currently available with a list price of $995,000. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
The property underwent an extensive interior and exterior remodel in 2024, featuring brand new kitchens with stainless steel appliances, updated bathrooms, and new flooring throughout. As a turnkey renovation completed less than a year ago, it meets the criteria for mint condition with no immediate maintenance required.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Renovation
Extensively remodeled in 2024, the property features modern interiors with stainless steel appliances and in-unit laundry, minimizing immediate capital expenditure for investors.
- Strategic Urban Location
Situated in the vibrant Garfield Historic District with easy access to Downtown Phoenix, the property is positioned in a high-demand infill area with strong growth potential.
- Favorable Financing Options
As a 4-unit residential income property, it qualifies for residential financing, offering investors more attractive loan terms and lower down payment options compared to commercial assets.
CONSRISKS & DEFICIENCIES
- Low School Ratings
The assigned public schools carry lower ratings (3-4 out of 10), which may impact the property's appeal to long-term tenants with school-aged children.
- High Density/Small Unit Size
With a total of 1,060 square feet across four units and seven bedrooms, the living spaces are exceptionally compact, which could limit the tenant pool and lead to higher turnover.
About 1338 E FILLMORE Street
The Axl in Garfield is a 4-unit garden-style property of solid block construction, built in 1965, 1968, and 1996 and was extensively renovated and modernized in 2025, with approximately $55k per unit in capex.. The community includes (3) 2-bed / 1-bath units and (1) 1-bed / 1-bath unit, each with fully renovated interiors featuring upgraded flooring, cabinetry, countertops, stainless steel appliances, and in-unit washer/dryers; select units also include private fenced yards. Residents enjoy dedicated parking, and easy access to Downtown Phoenix, all within the historic Garfield Historic District, one of Phoenix's most vibrant urban enclaves. With residential financing available, The Axl in Garfield offers a turnkey, cash-flowing investment in a dynamic infill location.
Property Details
Public Facts
- Property Type
- Residential Income
- Year Built
- 1948
- Lot Size
- -
Interior
- Total Bedrooms
- 7
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Garfield School
Grades PK-8 • 0.2 mi
3/10
Thomas A Edison School
Grades PK-8 • 0.5 mi
4/10
Ralph Waldo Emerson Elementary School
Grades PK-8 • 1.1 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,060 | - |
| Lot Size | - | - |
| Price | $995.0K | $228.9K |
| Price per sq ft | $939 | $256 |
| Built year | 1948 | 0 |
| HOA | $0 | $0 |
| Days on market | 18 | 4774 |
Pricing History
Listed for Sale
Jul 30, 2026
$995,000
Initial Listing