1706 N 17TH Avenue, Phoenix, AZ 85007, Phoenix, 85007 - 2 bed, 1 bath
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Phoenix, AZ 85007
This Renovated Historic Bungalow represents a High-Potential Investment Opportunity, listed at $439,000—positioned well below the $617,786 Fair Market Value by 28%. This significant valuation gap provides $178,786 in Instant Equity. Featuring a Condition Rating of 2, the home offers a move-in ready interior with modern wood-look flooring and a covered patio on an expansive 7,322 sqft lot. Located minutes from Downtown Phoenix, it balances historic charm with massive financial upside. 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 |
|---|---|---|---|---|---|---|
★ 1706 N 17TH Avenue Subject | $419,000* List Price | 2 | 1 | 936 | $469 | - |
A 2205 N 16TH Avenue Sold | $452,000 | 2 | 1 | 943 | $479 | 0.3 mi |
B 2205 N 16TH Avenue Sold | $452,000 | 2 | 1 | 943 | $479 | 0.3 mi |
C 2205 N 16TH Avenue Sold | $452,000 | 2 | 1 | 943 | $479 | 0.3 mi |
D 2017 N LAUREL Avenue Sold | $487,000 | 2 | 2 | 1,087 | $448 | 0.3 mi |
E 1842 N 17TH Avenue Sold | $490,000 | 3 | 3 | 1,101 | $445 | 0.1 mi |
F 1842 N 17TH Avenue Sold | $490,000 | 4 | 3 | 1,285 | $381 | 0.1 mi |
G 1709 N 16TH Avenue Active Under Contract | $435,000 List Price | 2 | 1 | 977 | $445 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1941, this historic bungalow has undergone an extensive recent renovation within the last 5 years. The interior is in move-in ready condition, featuring modern wood-look flooring, updated recessed lighting and ceiling fans, contemporary barn doors, and fresh paint. The property shows no signs of deferred maintenance and meets current quality standards for a fully refreshed home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7322, living area = 936.
Situated minutes from Downtown Phoenix, Roosevelt Row, and Encanto Park, this property offers exceptional access to the city's premier dining, arts, and entertainment hubs.
The generous 7,322 sqft lot is significantly large for the area, providing ample room for future expansions, a guest house (ADU), or a customized outdoor oasis.
At just 936 square feet with a 2-bedroom, 1-bathroom configuration, the home's compact size may be a constraint for growing families or those needing a home office.
The assigned public schools carry lower performance ratings (3 and 4), which may be a deterrent for families prioritizing education and could impact future resale velocity.
Charming Central Phoenix bungalow with a huge yard and inviting outdoor living spaces just minutes from Downtown. This classic Phoenix home blends timeless character with comfortable modern living, featuring a bright open layout, spacious bedrooms, and beautifully refreshed interiors that feel light, clean, and move-in ready. Enjoy the welcoming front porch, the perfect spot for morning coffee or relaxing evenings. Inside, the home offers a warm and functional layout with an open living area, natural light throughout, and a kitchen that flows easily into the main living space--ideal for everyday living or hosting friends. Out back, the property truly shines. The large backyard and covered patio create an incredible outdoor entertaining space, perfect for get-togethers, grilling, relaxing under the Arizona sky, or creating your own garden retreat. With the size of the lot, there is also room for future possibilities like a workshop, guest house, or expanded outdoor living. Homes like this are loved for their historic Phoenix charm, generous lot sizes, and unbeatable location. Located just minutes from: " Downtown Phoenix " Roosevelt Row Arts District " Encanto Park " Light rail and major freeways " Restaurants, coffee shops, and nightlife Whether you're looking for a charming primary home, a centrally located rental property, or a long-term investment, this home offers the character, space, and location that make central Phoenix one of the city's most desirable areas. Come experience the charm and lifestyle this home offers.
No exterior & parking available.
Grades PK-8 • 1.2 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 26% |
| Baths | 1.0 | 2.0 | 26% |
| Square foot | 936 | 1,511 | 9% |
| Lot Size | 7,322 | 7,355 | 49% |
| Price | $419.0K | $483.5K | 41% |
| Price per sq ft | $448 | $354 | 72% |
| Built year | 1941 | 1936 | 64% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 1425 | 1% |
Apr 24, 2026
$419,000
$439,000
-5% Price Drop
Initial Listing
Mar 12, 2026
$439,000
Initial Listing