
Phoenix, AZ 85006
This Spacious Single Family Residence is a High-Potential Investment Opportunity, listed at $435,500, which aligns with its $435,500 Fair Market Value. Meticulously maintained with a Condition Rating of 3, the home features a newer AC, energy-efficient windows, and a flexible layout. The oversized lot, complete with an RV gate and Casita Zoning, provides significant value-add potential for expansion or rental income. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, move-in ready asset in a prime downtown Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1433 E GARFIELD Street Subject | $399,999* List Price | 4 | 2 | 1,802 | $222 | - |
A 1906 E ALMERIA Road Sold | $422,000 | 4 | 2 | 1,581 | $267 | 0.9 mi |
B 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,644 | $267 | 1.0 mi |
C 1150 E POLK Street Sold | $299,000 List Price | 3 | 2 | 1,278 | 0.5 mi | |
D 1628 E GRANADA Road Active | $439,000 List Price | 3 | 2 | 1,643 | $267 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2001, the property is well-maintained with key system updates including a newer AC and energy-efficient windows. Interior features recent paint, updated flooring, and stainless steel kitchen appliances, making it move-in ready and functional despite being over 20 years old.
Situated in the vibrant Garfield district, this property offers exceptional proximity to Roosevelt Row, ASU Downtown, major hospitals, and Sky Harbor Airport, making it highly desirable for professionals and investors.
The oversized lot includes an RV gate, rear access, and is specifically zoned for a casita, providing a rare opportunity for multi-generational living or additional rental income streams.
Meticulously maintained by the original owner, the home features significant recent upgrades including a newer AC system, energy-efficient windows, plantation shutters, and fresh interior paint.
With over 270 days on the market and a history of price reductions, the property may carry a 'stale' listing perception that could impact its perceived market value.
The assigned public schools for this address have relatively low ratings (3-4), which may be a deterrent for families prioritizing high-performing educational districts.
Opportunity returns--back on the market after buyer inability to close. Now priced below market, this home offers amazing value. Seller is motivated and ready for a serious buyer. This 4 bed/2 bath home, is a gem in the heart of the Garfield district. Lovingly maintained by its original owner, it offers a flexible layout, which is ideal for growing households, remote work needs, or those looking for multi-generational living options. Recently refreshed with interior paint. AC unit replaced in 2024 and brand new water heater, both with transferrable warranties. An outdoor flex space off the laundry room adds versatility for crafting, exercise or entertainment. Situated on an oversized lot, RV gate, rear access, and zoned for a casita. CHECK OUT THE VIRTUAL TOUR TO APPRECIATE THE FLOOR PLA This prime location is situated in the vibrant heart of downtown Phoenix, minutes away from Sky Harbor International Airport (PHX), the artistic Roosevelt Row, a number of local entertainment and sporting event venues, MAJOR HOSPITALS such as Phoenix Children's and Banner University Medical Center. Also in close proximity to Arizona State University (ASU) downtown campus. With easy access to major freeways, commuting in and out of the area is a breeze.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades PK-8 • 0.4 mi
Grades PK-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,802 | - |
| Lot Size | 7,208 | - |
| Price | $400.0K | $495.4K |
| Price per sq ft | $222 | $290 |
| Built year | 2001 | 0 |
| HOA | $0 | $0 |
| Days on market | 344 | 1260 |
Jun 15, 2026
$399,999
$435,500
-8% Price Drop
Initial Listing
May 11, 2026
$435,500
$449,900
-3% Price Drop
Initial Listing
Aug 12, 2025
$449,900
Initial Listing