2218 E YALE Street, Phoenix, AZ 85006, Phoenix, 85006 - 3 bed, 2 bath
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Phoenix, AZ 85006
This Renovated Historic Cottage is a Prime Investment Opportunity listed at $524,990—positioned well below the $542,284 Fair Market Value by 3%. This valuation gap provides $17,294 in Instant Equity. Boasting a Condition Rating of 2, the home features a comprehensive 2019 down-to-the-studs renovation including a Granite Kitchen and a private Primary Suite Addition. Located in the Green Gables district, the versatile layout with a Murphy Bed and Outdoor Pergola offers modern functionality. This is an ideal acquisition for Owner-Occupants or Urban Professionals seeking a turnkey, character-rich residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2218 E YALE Street Subject | $524,990* List Price | 3 | 2 | 1,396 | $388 | - |
A 2014 N 18TH Street Sold | $439,000 | 4 | 2 | 1,344 | $327 | 0.7 mi |
B 2029 N 22ND Place Active | $545,000 List Price | 3 | 2 | 1,404 | $388 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive down-to-the-studs renovation in 2019, including all-new electrical, plumbing, and a structural addition for a primary suite. The interior features high-end modern finishes such as granite countertops, stainless steel Frigidaire appliances, shaker-style cabinetry, and contemporary wood-look flooring throughout. With a freestanding soaking tub, updated light fixtures, and a versatile Murphy bed installation, the home meets current quality standards with no visible deferred maintenance.
Originally built in 1945, this home was taken down to the studs and foundation in 2019, providing the modern reliability of new electrical, plumbing, and finishes while maintaining its historic cottage charm.
The rear addition creates a secluded primary retreat with an en-suite bathroom and integrated laundry, a significant functional upgrade that distinguishes it from typical floor plans in the Green Gables district.
The inclusion of a built-in Murphy bed allows for a seamless transition between a bedroom and a home office, while the exterior features like the pergola and raised garden beds maximize the property's usable space.
The assigned public schools, William T Machan Elementary and Camelback High School, both carry a rating of 3, which may be a deterrent for education-focused families.
At under 1,400 square feet for a three-bedroom layout, the individual room sizes and common areas may feel restrictive for buyers accustomed to more expansive modern floor plans.
This cottage in the Green Gables historic district was originally built in 1945 but completely renovated down to the studs and foundation in 2019. The open layout centers around an updated kitchen with new appliances, granite countertops, and a breakfast bar. A rear addition creates a private primary suite with a bathroom and laundry for easy access. Two additional bedrooms share a full bath featuring a freestanding soaking tub. One bedroom comes equipped with a Murphy Bed built into the wall so it can be converted to a bedroom/office/gym/theater, or whatever is desired! The outdoor space includes a pergola dining area, raised garden bed, storage shed, and a mature shade tree, along with front planters made from reclaimed wood from the original home. Storage shed has shelving included.
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,396 | 1,344 | 57% |
| Lot Size | 6,652 | 6,789 | 36% |
| Price | $525.0K | $415.3K | 75% |
| Price per sq ft | $376 | $327 | 66% |
| Built year | 1945 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 1488 | 1% |
Mar 31, 2026
$524,990
Initial Listing