
Phoenix, AZ 85013
This Historic Residential Property represents a High-Potential Investment Opportunity, listed at $725,000—positioned above the $707,608 Fair Market Value. While priced slightly above market, the property offers unique value through its Historic Designation and Detached Guest House, providing significant rental income potential. Featuring a Condition Rating of 3, the home includes modern HVAC and cosmetic updates. With a large 13,252 sqft lot and an urban orchard, this versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a unique, income-generating historic residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 304 W CAMPBELL Avenue Subject | $695,000* List Price | 3 | 2 | 1,825 | $349 | - |
A 515 W CAMPBELL Avenue Active | $650,000 List Price | 3 | 2 | 1,622 | $401 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1939, the property is exceptionally well-maintained and move-in ready. It features newer HVAC systems and recent cosmetic updates including paint, lighting, and hardware. The kitchen and bathrooms retain a 'classic' feel but are functional and refreshed, aligning with the 5-15 year renovation/maintenance criteria for a 'Good' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13252, living area = 1825.
Located in the Yaple Park Historic District, this 1939 home retains vintage character and qualifies for a historic tax classification, offering significant property tax reductions for owner-occupants.
The 773-square-foot detached guest house features its own kitchen, HVAC, and private living space, providing excellent potential for rental income, a home office, or multi-generational living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1825, other record living area = 1043.
While the total square footage is 1,825, the main residence is only 1,052 square feet, which may feel undersized for buyers seeking a larger primary living area.
The assigned public schools, including Central High School with a rating of 3, may be a concern for families prioritizing high-performing educational institutions.
Welcome home to this truly one-of-a-kind 1939 residence in the coveted Yaple Park Historic District. Offering 3 bedrooms, 2 bathrooms, and approximately 1,825 total square feet between the main residence and detached guest house, this rare property sits on an irrigated double corner lot with historic designation and no HOA. Beautifully maintained and thoughtfully updated, the home blends timeless character with lush grounds, exceptional walkability, and rich Phoenix history. Originally advertised in 1939 as ''A Home of Distinction Seldom Available,'' the property still lives up to that reputation today. Historic tax classification offers reduced property taxes for owner occupants on the main house, adding even more value to this special opportunity. The main residence offers approximately 1,052 square feet filled with vintage charm including stained concrete floors, 9-foot coved plaster ceilings, steel sash windows, a gas fireplace, formal dining room, and French doors opening to the picturesque backyard. The kitchen retains its classic appeal while featuring a new SMEG refrigerator and updated hardware. Recent improvements throughout the main home and detached guest house include interior paint, updated lighting, window treatments, and refreshed kitchen and bath hardware. Both homes also feature newer HVAC systems for year-round comfort. The detached 773 square foot guest house is equally inviting with exposed wood beams, its own kitchen, covered patio, and private living space ideal for guests, multi-generational living, office use, or rental income potential. Combined living spaces measure approximately 1,825 square feet. The grounds are truly exceptional. Mature apple, orange, lemon, grapefruit, pomegranate, peach, fig, plum, olive, pecan, and young lime trees create an incredible urban orchard feel, while nearly 60 ficus trees line the north and west perimeter for added privacy and greenery. Flood irrigation water rights support the lush landscaping, expansive grassy yard, mature vegetation, and garden spaces. Additional features include iron fencing surrounding the property, storage shed, charming patios, and direct private access to the Grand Canal walking trail. Located in one of Central Phoenix's most beloved neighborhoods, this home offers unbeatable access to the Melrose District, light rail, Uptown and Downtown Phoenix, AJ's Fine Foods, local boutiques, and some of the city's best restaurants and coffee shops. WALK to Brophy, St. Francis, and Central High School while enjoying the charm and community feel of this highly sought-after historic neighborhood with exceptional walkability.
No exterior & parking available.
Grades 7-8 • 0.6 mi
Grades PK-8 • 1.4 mi
Grades 9-12 • 0.3 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 | 1,825 | 1,775.5 | 56% |
| Lot Size | 13,252 | 7,945 | 81% |
| Price | $695.0K | $497.5K | 75% |
| Price per sq ft | $381 | $312 | 78% |
| Built year | 1939 | 1955 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 1291 | 1% |
Jun 5, 2026
$695,000
$725,000
-4% Price Drop
Initial Listing
May 22, 2026
$725,000
Initial Listing