515 W CAMPBELL Avenue, Phoenix, AZ 85013, Phoenix, 85013 - 3 bed, 2 bath
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Phoenix, AZ 85013
This Versatile Historic Property is a Strong Value Opportunity, listed at $650,000—positioned well above the $585,728 Fair Market Value by 10%. While priced above the current estimate, the property features a Condition Rating of 3 and a rare 0.3-acre double lot with a detached casita, offering significant "house hack" potential. The updated kitchen and historic charm provide immediate lifestyle appeal, while the massive lot allows for future expansion. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a unique, income-generating urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 515 W CAMPBELL Avenue Subject | $650,000* List Price | 3 | 2 | 1,622 | $361 | - |
A 1422 W COLTER Street Sold | $729,000 List Price | 3 | 3 | 1,777 | 1.0 mi | |
B 304 W CAMPBELL Avenue Active | $725,000 List Price | 3 | 2 | 1,825 | $397 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1944, the property is well-maintained and move-in ready. It features a refreshed kitchen with newer stainless steel appliances and subway tile, refinished hardwood floors, and a 'beautifully updated' detached casita. The maintenance level and specific updates to the kitchen and secondary living space elevate it above the 'fair' category despite its age.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13199, living area = 1622.
The property sits on an expansive 0.3-acre double lot with mature landscaping, offering a private park-like setting and significant room for expansion or a pool in a dense urban area.
A beautifully updated detached casita with a kitchenette and bath provides excellent versatility for multi-generational living, a home office, or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1622, other record living area = 1328.
Built in 1944, the home may require ongoing maintenance or specialized updates to aging systems to meet modern energy efficiency and performance standards.
The assigned public schools, particularly the high school with a rating of 3, may be a drawback for families prioritizing top-tier educational performance.
***YAPLE PARK HISTORIC***Tucked into one of Central Phoenix's most authentic historic neighborhoods. Rare double lot property feels more like a private park than a city home. Towering mature trees, lush grass, & over 1/4 acre create an atmosphere almost impossible to find this close to Downtown, Melrose, and the Camelback Corridor. The charming 2-bedroom main house features warm wood floors, a vintage inspired black and white kitchen, formal dining space, & timeless character. Behind the detached 2 car garage sits a beautifully updated casita w/ kitchenette & bath perfect for guests, rental income, office, or creative space. Massive backyard with room for a pool & expansion. Historic charm. RV hook-ups and slab. Garage workshop area. Melrose energy. Very walkable. Endless upside.
No exterior & parking available.
Grades 7-8 • 0.5 mi
Grades PK-8 • 1.6 mi
Grades 9-12 • 0.5 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 | 1,622 | 1,771 | 40% |
| Lot Size | 13,199 | 7,945 | 79% |
| Price | $650.0K | $497.5K | 72% |
| Price per sq ft | $401 | $312 | 81% |
| Built year | 1944 | 1955 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 1291 | 1% |
May 28, 2026
$650,000
Initial Listing