
Phoenix, AZ 85006
This 1920 Coronado farmhouse presents a High-Potential Investment Opportunity with a List Price of $445,000—positioned well below the $439,659 Fair Market Value (Note: Market adjustment reflects current as-is pricing). Featuring a Fair Condition Rating, this property offers significant upside for those capable of executing a restoration plan. The 1,143 sqft floor plan includes a versatile bonus room and indoor laundry, providing functional utility. This is an ideal value-add acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through thoughtful historic preservation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2012 N RICHLAND Street Subject | $445,000* List Price | 2 | 1 | 1,143 | $385 | - |
A 760 E McKinley Street Sold | $370,000 List Price | 2 | 1 | 1,165 | 0.9 mi | |
B 2502 N 10TH Street Sold | $440,000 | 2 | 1 | 1,102 | $399 | 0.4 mi |
C 2502 N 10TH Street Sold | $440,000 | 2 | 1 | 1,102 | $399 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, this historic home shows signs of age but features well-maintained interior spaces with polished hardwood floors and a recently updated bathroom tub surround. The kitchen cabinets and tile countertops are dated, and the property is offered as-is, indicating it needs minor repairs, cosmetic updates, and personalization throughout.
Situated in the highly sought-after Coronado Historic District, this property offers exceptional proximity to Downtown Phoenix, Roosevelt Row, and major medical hubs like Phoenix Children's Hospital.
This 1920s farmhouse retains its original charm and provides a rare, high-potential opportunity for restoration or customization in a neighborhood known for its historic preservation.
The floor plan includes a flexible bonus room and an indoor laundry area, providing functional utility and extra square footage that is often missing in homes of this vintage.
The property is being sold in as-is condition, indicating that significant capital investment will be required for updates, repairs, and modernization.
With only one bathroom serving two bedrooms and a bonus room, the layout may be a drawback for modern buyers or families seeking more convenience.
Classic Coronado Farmhouse with Endless Potential. Welcome to this charming 1920 farmhouse located in the heart of the highly sought-after Coronado Historic District. Offered as-is, this historic home presents an excellent opportunity for buyers seeking character, authenticity, and the chance to restore, update, or personalize a classic property in one of Phoenix's most desirable historic neighborhoods. The home features 2 bedrooms, 1 bathroom, a spacious kitchen, inside laundry room, and a versatile bonus room ideal for a home office, studio, hobby room, or additional living space. The bathroom has recently been updated with a newly tiled tub surround, while the remainder of the home offers significant opportunity for future improvements, restoration, and customization to suit your vision. Situated on a generous lot in one of Phoenix's most beloved historic neighborhoods, the property offers the charm and character that have made Coronado a perennial favorite among homeowners, preservation enthusiasts, and investors alike. Tree-lined streets, historic architecture, and a strong sense of community define the neighborhood's unique appeal. Conveniently located near Downtown Phoenix, Roosevelt Row, Midtown, Phoenix Children's Hospital, Banner University Medical Center, restaurants, coffee shops, museums, and the Valley Metro Light Rail, this home offers easy access to everything central Phoenix has to offer. Properties of this era and location rarely come available at an accessible price point, making this an exceptional opportunity for historic home enthusiasts, investors, or owner-occupants looking to build equity through thoughtful improvements.
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,143 | - |
| Lot Size | 3,894 | - |
| Price | $445.0K | $495.4K |
| Price per sq ft | $389 | $290 |
| Built year | 1920 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 1260 |
Jun 23, 2026
$445,000
Initial Listing