
Phoenix, AZ 85006
This High-Potential Investment Opportunity is listed at $499,900—positioned well below the $514,313 Fair Market Value by 2%. This valuation gap offers $14,413 in Instant Equity for the buyer. Featuring a Condition Rating of 2 with modern renovations, this 1916 red brick home offers a rare 7,500 sqft lot with an RV gate. Ideally located near downtown, this property is a perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a centrally located, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 E BRILL Street Subject | $485,000* List Price | 3 | 2 | 1,234 | $403 | - |
A 1150 E POLK Street Sold | $399,000 List Price | 3 | 2 | 1,278 | 0.8 mi | |
B 1346 E PALM Lane Sold | $545,000 | 3 | 2 | 1,275 | $427 | 0.4 mi |
C 1346 E PALM Lane Sold | $545,000 | 3 | 2 | 1,275 | $427 | 0.4 mi |
D 1318 E PALM Lane Sold | $410,000 List Price | 3 | 2 | 1,345 | 0.4 mi | |
E 1442 E PALM Lane Sold | $565,000 | 3 | 2 | 1,413 | $400 | 0.4 mi |
F 1407 E Windsor Avenue Sold | $563,950 | 3 | 2 | 1,430 | $394 | 0.9 mi |
G 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.6 mi |
H 1407 E Windsor Avenue Sold | $563,950 | 3 | 2 | 1,430 | $394 | 0.9 mi |
I 1834 N MITCHELL Street Active | $550,000 List Price | 3 | 2 | 1,218 | $452 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1916 build date, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen features contemporary white shaker cabinetry, subway tile, and stainless steel appliances. Interior systems are updated, including a 2023 water heater, and the home shows mint-condition finishes like LVP flooring and modern fixtures throughout.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1234.
Situated in the heart of Phoenix near the Coronado and Garfield historic districts, this home offers exceptional proximity to Downtown, Sky Harbor Airport, and major medical facilities.
This 1916 red brick residence features timeless architectural character and a striking iron front door, providing a unique aesthetic that stands out in the urban market.
Built in 1916, the property may require ongoing maintenance or significant updates to aging systems that are common in homes of this vintage.
The assigned public schools for this address have relatively low performance ratings, which may be a drawback for families prioritizing educational proximity.
Beautiful centrally located red brick home in the heart of Phoenix! This 3-bed, 2-bath residence features a striking iron front door, a bright, comfortable interior, and a spacious backyard. Recent updates include a water heater replaced in 2023. The property also offers an RV gate for add parking or storage. Ideally located just minutes from Downtown Phoenix, Sky Harbor Airport, and a nearby hospital, this home offers both convenience and accessibility. Situated between the desirable Coronado and Garfield historic districts, you'll enjoy close proximity to some of the city's most sought-after neighborhoods with a strong sense of community.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades K-8 • 1.0 mi
Grades K-8 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,234 | - |
| Lot Size | 7,500 | - |
| Price | $485.0K | $495.4K |
| Price per sq ft | $393 | $290 |
| Built year | 1916 | 0 |
| HOA | $0 | $0 |
| Days on market | 80 | 1260 |
Jun 30, 2026
$485,000
$492,900
-2% Price Drop
Initial Listing
Jun 1, 2026
$492,900
$499,900
-1% Price Drop
Initial Listing
May 3, 2026
$499,900
Initial Listing