
Phoenix, AZ 85007
This Modernized Historic Residence is a Prime Investment Opportunity, listed at $449,000—positioned well below the $459,116 Fair Market Value by 2%. This valuation gap secures $10,116 in Instant Equity for the buyer. Boasting an Excellent Condition Rating, the 1916 home features a designer kitchen with quartz counters, soaring ceilings, and a curated backyard oasis with a cowboy pool and deck. Located minutes from downtown Phoenix, it offers high rental demand and urban lifestyle appeal. 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 |
|---|---|---|---|---|---|---|
★ 138 N 11TH Avenue Subject | $425,000* List Price | 3 | 2 | 1,268 | $346 | - |
A 710 N 9TH Avenue Sold | $400,000 | 3 | 2 | 1,112 | $360 | 0.4 mi |
B 1107 W ROOSEVELT Street Sold | $470,000 | 3 | 2 | 1,217 | $386 | 0.5 mi |
C 334 N 18TH Drive Sold | $355,000 | 3 | 2 | 1,100 | $323 | 0.7 mi |
D 1107 W ROOSEVELT Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.5 mi |
E 1107 W Roosevelt Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.5 mi |
F 1107 W ROOSEVELT Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.5 mi |
G 621 N 11th Avenue Active | $515,000 List Price | 3 | 2 | 1,387 | $371 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1916, this property has undergone an extensive and high-quality recent renovation that meets current designer standards. The interior features modern wood-look tile flooring, soaring ceilings, and a completely updated kitchen with custom cabinetry, quartz countertops, and stainless steel appliances. The bathrooms and outdoor spaces, including the artificial turf and cowboy pool, reflect recent upgrades with no visible deferred maintenance, qualifying it for an excellent rating based on the depth of the remodel.
Built in 1916, this home seamlessly blends vintage charm with high-end contemporary updates, including soaring ceilings and a designer kitchen with custom cabinetry and quartz countertops.
Located just minutes from the heart of downtown Phoenix, the property offers an unbeatable location for urban living and strong potential as a short-term rental or primary residence.
The backyard is fully optimized for entertaining with low-maintenance desert landscaping, artificial turf, and a unique cowboy pool with a surrounding deck.
Despite the aesthetic remodel, the 1916 construction date may present ongoing maintenance challenges or hidden costs associated with aging structural and utility systems.
With only 1,268 square feet distributed across three bedrooms, the interior layout may feel tight for buyers requiring larger communal living areas or spacious bedrooms.
Incredible opportunity in the heart of Phoenix, just minutes from downtown. This eclectic remodeled home blends vintage character with bold, design-forward style. Inside, you'll find soaring ceilings, abundant natural light, wood-look tile flooring, dramatic black accents, and thoughtfully curated spaces that feel both inviting and memorable. The updated kitchen is a standout with custom green cabinetry, open shelving, quartz counters, a farmhouse sink, stainless steel appliances, and striking hex tile floors. Living and dining areas offer a distinctive look with statement lighting and a layout ideal for entertaining. Bedrooms and bathrooms continue the boutique-style feel with designer finishes and modern updates. Outside, enjoy multiple gathering areas, low-maintenance desert landscapin string lighting, artificial turf, and a cowboy pool with surrounding deck for a fun, private backyard retreat. Whether you're looking for a unique primary residence or an investment opportunity near downtown Phoenix, this home offers style, flexibility, and an unbeatable location.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,268 | 1,511 | 30% |
| Lot Size | 6,000 | 7,355 | 6% |
| Price | $425.0K | $483.5K | 41% |
| Price per sq ft | $335 | $349 | 48% |
| Built year | 1916 | 1936 | 14% |
| HOA | $0 | $0 | 50% |
| Days on market | 54 | 1425 | 1% |
Apr 17, 2026
$425,000
$449,000
-5% Price Drop
Initial Listing
Mar 3, 2026
$449,000
Initial Listing