1514 E FILLMORE Street, Phoenix, AZ 85006, Phoenix, 85006 - 4 bed, 2 bath
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1514 E FILLMORE Street
Phoenix, AZ 85006
ACTIVE
CONDITION: EXCELLENT
4Beds
2Baths
1,212Sq Ft
6,900Lot Size
Property Price
LIST PRICE$489,000
EST. MARKET VALUE
$495,717
SUMMARY
This 1926 Historic Bungalow represents a High-Potential Investment Opportunity, listed at $499,000—positioned slightly above the $491,124 Fair Market Value. While priced at market, the property’s R-4 Multifamily Zoning and Mint Condition Rating provide significant long-term upside. The recent comprehensive renovation ensures a move-in-ready experience, while the potential for an ADU or guest house offers clear paths to rental income. Located minutes from downtown Phoenix, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a historic home with modern functionality.
Estimated Market Value
$495,717
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1514 E FILLMORE Street Subject | $489,000* List Price | 4 | 2 | 1,212 | $409 | - |
A 1335 E MORELAND Street Sold | $386,000 | 2 | 1 | 1,064 | $363 | 0.5 mi |
B 1150 E POLK Street Sold | $399,000 List Price | 3 | 2 | 1,278 | 0.5 mi | |
C 1616 E WILLETTA Street Sold | $538,000 | 3 | 3 | 1,311 | $410 | 0.6 mi |
D 1616 E WILLETTA Street Sold | $538,000 | 3 | 3 | 1,311 | $410 | 0.6 mi |
E 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 914 | $473 | 0.7 mi |
F 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 921 | $470 | 0.7 mi |
G 350 N 15TH Street Active | $350,000 List Price | 2 | 1 | 939 | $373 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Despite the 1926 build date, the property has undergone a comprehensive recent renovation (likely <5 years). Interior features modern wide-plank flooring, fresh neutral paint, and fully updated bathrooms with contemporary tile work and new fixtures. The home is presented in move-in-ready, mint condition.
PROSSTRENGTHS & OPPORTUNITIES
- Development Potential
The R-4 multifamily zoning on a 6,900 sqft lot offers significant upside, allowing for the addition of a guest house, casita, or ADU to generate rental income or accommodate multi-generational living.
- Historic Charm & Modernity
This 1926 brick bungalow in the sought-after Garfield Historic District perfectly blends timeless architectural character with modern interior updates, providing a move-in-ready experience.
- Prime Urban Location
Situated minutes from the heart of downtown Phoenix, the property offers exceptional walkability and access to the light rail, professional sporting venues, and a vibrant culinary scene.
CONSRISKS & DEFICIENCIES
- High-Density Layout
With 4 bedrooms configured within only 1,212 square feet, the individual room sizes and living areas may feel cramped compared to more modern, spacious floor plans.
- School District Ratings
The assigned public schools for this address currently hold lower performance ratings (3-4 out of 10), which may be a drawback for families prioritizing top-tier educational facilities.
About 1514 E FILLMORE Street
Step into timeless charm with this beautifully updated 1926 brick bungalow nestled in the heart of Phoenix's sought-after Garfield Historic District. Blending historic character with modern upgrades, this move-in-ready home features 4 spacious bedrooms and 2 updated bathrooms, offering the perfect balance of style, comfort, and functionality. Situated on an R-4 multifamily-zoned lot, this property presents an exceptional opportunity for homeowners and investors alike. With ample potential to add a detached garage, guest house, casita, or ADU (buyer to verify), the possibilities for multi-generational living or generating additional rental income are endless. Whether you're looking for a charming place to be home, your first home in a vibrant historic neighborhood, or a high-potential investment property, this one checks all the boxes. Conveniently located just minutes from downtown Phoenix, you'll enjoy easy access to restaurants, entertainment, sporting venues, museums, light rail, and everything the urban core has to offer. Don't miss this rare opportunity to own a piece of Phoenix history with incredible upside!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1926
- Lot Size
- 6,900 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
Thomas A Edison School
Grades PK-8 • 0.3 mi
4/10
Garfield School
Grades PK-8 • 0.3 mi
3/10
Ralph Waldo Emerson Elementary School
Grades PK-8 • 1.2 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,212 | 1,850.5 |
| Lot Size | 6,900 | 7,313 |
| Price | $489.0K | $481.7K |
| Price per sq ft | $403 | $289 |
| Built year | 1926 | 1987 |
| HOA | $0 | $175 |
| Days on market | 32 | 757 |
Pricing History
Listed for Sale
Aug 5, 2026
$489,000
$499,000
-2% Price Drop
Initial Listing
Price Change
Jul 26, 2026
$499,000
Initial Listing