2681 N 15TH Street, Phoenix, AZ 85006, Phoenix, 85006 - 2 bed, 2 bath
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Phoenix, AZ 85006
This 1940s bungalow presents a Strong Value Opportunity, listed at $425,000—positioned well above the $400,841 Fair Market Value by 6%. While the property reflects a Condition Rating of 4, it offers significant upside through its oversized 7,893 sqft corner lot, which provides rare potential for an ADU or detached garage. Featuring cherry wood floors and crown molding, this home balances historic character with development potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in the Coronado Historic District.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2681 N 15TH Street Subject | $405,000* List Price | 2 | 2 | 904 | $448 | - |
A 1329 E Hubbell Street Sold | $463,500 | 2 | 1 | 910 | $509 | 0.6 mi |
B 2220 N EDGEMERE Street Sold | $385,000 | 2 | 1 | 931 | $414 | 0.6 mi |
C 2207 N EDGEMERE Street Sold | $465,000 | 2 | 1 | 1,057 | $440 | 0.6 mi |
D 2232 N 13TH Street Sold | $380,000 | 2 | 2 | 1,101 | $345 | 0.5 mi |
E 1116 E ALMERIA Road Sold | $445,000 | 2 | 1 | 840 | $530 | 0.9 mi |
F 2518 N MITCHELL Street Active | $415,000 List Price | 2 | 1 | 850 | $488 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1940 with renovations that appear to be 15-25 years old. While the kitchen is described as upgraded, the photos show dated tile countertops and older cabinetry. The property is functional and move-in ready but reflects a dated aesthetic that will require modernization of finishes and likely aging systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7893, living area = 904.
Situated on the edge of the Coronado Historic District, this property offers excellent proximity to the Arts District, downtown sports and cultural facilities, and major freeways.
The oversized 7,893 sqft corner lot provides significant outdoor space and the rare potential to add value by building a future ADU or detached garage.
At just 904 square feet, the interior living space is relatively compact, which may be a constraint for buyers requiring larger rooms or additional storage.
The local high school carries a rating of 4, which may be a consideration for families prioritizing top-tier academic district rankings.
Located on the edge of Coronado Historic District, This charming 40's bungalow will delight. Enjoy a true sense of community in this popular neighborhood. Conveniently located to the Arts District, major freeways and all the cultural/sports facilities of the downtown corridor. This special home features an upgraded kitchen with cherry wood floors, crown molding, full size indoor laundry and an extra wide driveway with carport. Situated on an over sized corner lot, you have room to spread out in the private backyard with rock landscaping. Plenty of space to potentially build an ADU or Garage in the future. Great curb appeal and friendly neighbors. This is the one you've been waiting for.
No exterior & parking available.
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 904 | - |
| Lot Size | 7,893 | - |
| Price | $405.0K | $495.4K |
| Price per sq ft | $448 | $290 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 89 | 1260 |
Jul 14, 2026
$405,000
$415,000
-2% Price Drop
Initial Listing
Jun 12, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Apr 24, 2026
$425,000
Initial Listing