
Phoenix, AZ 85006
This Renovated 1926 Craftsman Bungalow is a Strong Value Opportunity, listed at $370,000—positioned well below the $411,903 Fair Market Value by 10%. This valuation gap provides $41,903 in Instant Equity. Boasting a Condition Rating of 2, the home features a modernized kitchen with stainless appliances and original historic woodwork, requiring no immediate maintenance. The oversized 7,118 sqft lot offers rare ADU potential in the high-demand Garfield Historic District near ASU Downtown. This asset is perfectly suited for Owner-Occupants seeking an urban lifestyle or Buy-and-Hold Investors targeting high-yield short-term rentals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 350 N 15TH Street Subject | $370,000* List Price | 2 | 1 | 939 | $439 | - |
A 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 914 | $473 | 0.8 mi |
B 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 921 | $470 | 0.8 mi |
C 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 921 | $470 | 0.8 mi |
D 1814 E WILLETTA Street Sold | $432,500 | 2 | 1 | 914 | $473 | 0.8 mi |
E 1150 E POLK Street Sold | $399,000 List Price | 3 | 2 | 1,278 | 0.4 mi | |
F 1150 E GARFIELD Street Active | $425,000 List Price | 3 | 2 | 903 | $471 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1926, the property has undergone a high-quality modern renovation. The kitchen features contemporary cabinetry, a farmhouse sink, butcher block countertops, and stainless steel appliances that appear less than 5 years old. Interior finishes, including flooring and fixtures, are in mint condition, making it move-in ready with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7118, living area = 939.
Situated in the highly sought-after Garfield Historic District, the property offers exceptional proximity to Downtown Phoenix, Roosevelt Row, and ASU, making it ideal for urban lifestyles or high-demand short-term rentals.
This 1926 Craftsman bungalow perfectly balances original architectural charm, such as coved ceilings and woodwork, with a contemporary remodeled kitchen featuring stainless steel appliances.
At just 939 square feet with only one bathroom, the home's small footprint may limit its appeal to larger families or buyers seeking more functional interior space.
The local assigned schools carry relatively low ratings (3/10 and 4/10), which may be a deterrent for families prioritizing education and could impact future resale velocity.
Charming 1926 Craftsman bungalow in the highly sought-after Garfield Historic neighborhood, just minutes from Downtown Phoenix and Roosevelt Row Arts District. Enjoy unbeatable access to some of the city's best restaurants, nightlife, galleries, and entertainment, with close proximity to ASU Downtown, major hospitals, light rail, and freeway access--making this location ideal for both convenience and lifestyle. This beautifully maintained 2-bedroom, 1-bath home (approx. 939 sq ft) blends original character with modern updates-perfect for homeowners, short-term rental potential, or investors. Step inside to find coved ceilings, original woodwork, and built-in features that show casehistoric charm. The updated kitchen offers modern cabinetry, quality countertops, and stainless steel ap -ideal for everyday living and entertaining. Situated on a generous ~7,100 sq ft lot, the property provides ample space for outdoor living, expansion, or an ADU (buyer to verify). Enjoy Arizona evenings in your private yard while still being close to everything the urban core has to offer.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades PK-8 • 0.4 mi
Grades PK-8 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 28% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 939 | 1,344 | 12% |
| Lot Size | 7,118 | 6,799 | 60% |
| Price | $370.0K | $415.3K | 39% |
| Price per sq ft | $394 | $327 | 69% |
| Built year | 1926 | 1942 | 18% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 1489 | 1% |
Apr 20, 2026
$370,000
$380,000
-3% Price Drop
Initial Listing
Mar 19, 2026
$380,000
Initial Listing