
Phoenix, AZ 85007
This Turnkey Single Family Residence is a Strong Value Opportunity, listed at $599,000—positioned well below the $610,082 Fair Market Value by 1%. This valuation gap offers $11,082 in Instant Equity. Featuring a Condition Rating of 2, the home includes a 2025 renovation with granite countertops and energy-efficient windows. With ADU potential and a private pickleball court, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a modern, walkable downtown lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 512 N 9TH Avenue Subject | $524,000* List Price | 4 | 2 | 1,649 | $336 | - |
A 1314 W Monroe Street Sold | $589,900 List Price | 3 | 2 | 1,561 | 0.4 mi | |
B 829 N 8TH Avenue Sold | $630,000 | 3 | 2 | 2,008 | $314 | 0.3 mi |
C 829 N 8TH Avenue Sold | $630,000 | 2 | 2 | 2,008 | $314 | 0.3 mi |
D 1334 W CULVER Street Sold | $479,000 List Price | 3 | 3 | 1,865 | 0.7 mi | |
E 1107 W ROOSEVELT Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.3 mi |
F 1107 W ROOSEVELT Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.3 mi |
G 1107 W Roosevelt Street Sold | $470,000 | 3 | 3 | 1,505 | $312 | 0.3 mi |
H 710 N 9TH Avenue Sold | $400,000 | 3 | 2 | 1,112 | $360 | 0.1 mi |
I 621 N 11th Avenue Pending | $515,000 List Price | 3 | 2 | 1,387 | $371 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a comprehensive 2025 renovation including two fully remodeled bathrooms, new luxury vinyl flooring, granite countertops, and energy-efficient windows. Despite the 1930 original build date, the recent high-end updates and mint, move-in-ready condition place it in the top tier.
The property is ideally situated near the Grand Avenue arts district, offering immediate walking access to top-tier nightlife, restaurants, and entertainment venues like The Van Buren and Crescent Ballroom.
Extensive 2025 renovations, including energy-efficient windows, luxury vinyl flooring, and remodeled bathrooms, provide a move-in-ready experience while preserving the home's unique 1930s Spanish/Southwestern charm.
With ADU plans included and a layout designed to easily split into a main home and a separate 1-bed/1-bath unit, the property offers significant flexibility for rental income or multi-generational living.
The assigned public schools, Kenilworth Elementary and Central High, carry relatively low ratings (4 and 3 respectively), which may be a concern for families prioritizing academic performance.
Despite recent updates, the 1930s-era construction may require more frequent and specialized maintenance compared to modern builds to preserve its structural integrity and historic value.
Be at the center of it all in this crisp 1930 Spanish/Southwestern-style home just minutes from Downtown Phoenix! Offering 4 bed/2 bath and approximately 1,700sf, this move-in-ready residence blends historic charm with modern updates. Recent 2025 improvements include luxury vinyl flooring, two remodeled baths, energy-efficient windows, granite countertops and a charming fireplace. Enjoy multiple inviting outdoor living spaces, including a private backyard pickleball court that doubles as an incredible entertaining patio, plus a covered front porch with skyline and sparkling city-light views. Walk to Grand Avenue First Fridays, restaurants, breweries, coffee shops, nightlife and entertainment. ADU plans may convey.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,649 | - |
| Lot Size | 6,250 | - |
| Price | $524.0K | $495.4K |
| Price per sq ft | $318 | $290 |
| Built year | 1930 | 0 |
| HOA | $0 | $0 |
| Days on market | 48 | 1260 |
Jul 9, 2026
$524,000
$549,000
-5% Price Drop
Initial Listing
Jun 25, 2026
$549,000
$599,000
-8% Price Drop
Initial Listing
Jun 5, 2026
$599,000
Initial Listing