
Phoenix, AZ 85006
Analysis of 1405 E ROOSEVELT Street, Phoenix, AZ 85006 is currently available with a list price of $950,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. 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 move-in ready.
While originally built in 1950, the units underwent a significant renovation in 2019 (approximately 7 years ago relative to the listing date). Interior photos show modern wood-look tile flooring, updated ceiling fans, and fresh paint. The property is well-maintained and functional for a residential income asset, meeting the 5-15 year renovation criteria for a Good rating.
Situated in a highly desirable central Phoenix area, the property offers excellent proximity to downtown amenities, dining, and entertainment, ensuring consistently high tenant demand.
With four updated units (2019) and long-term tenants already in place, this residential income property provides immediate cash flow and reduced initial capital expenditure requirements.
Unlike many central urban multi-family properties, this lot features extensive parking options including additional guest spaces, which is a significant value-add for tenant retention.
The 'drive-by only' restriction and presence of long-term tenants limit immediate interior inspection, potentially complicating the initial due diligence process for prospective investors.
The assigned local schools carry lower ratings (3-4), which may limit the property's appeal to a broader demographic of long-term family renters and impact future appreciation.
Two stand alone duplexes, 4 large spacious units in total. LOTS of parking with additional guest parking available too. Tenants in place for several years. Prime central phx location close to everything. Units updated in 2019. Tenants in place, drive by only.
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,558 | - |
| Lot Size | - | - |
| Price | $950.0K | $228.9K |
| Price per sq ft | $610 | $256 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 26 | 4774 |
Jul 31, 2026
$950,000
Initial Listing