
Phoenix, AZ 85013
This Multi-Generational Residential Property is a Strong Value Opportunity, listed at $739,000—positioned slightly above the $720,609 Fair Market Value. While the price reflects the premium for its Mint Condition Rating and recent high-quality renovations, the property offers exceptional versatility with two independent 936 sqft units. Featuring No HOA and an Oversized Corner Lot, this home provides a rare blend of privacy and income-producing potential. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking flexible, modern living in Central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 548 W SAN JUAN Avenue Subject | $739,000* List Price | 4 | 2 | 1,872 | $385 | - |
A 822 W VERMONT Avenue Sold | $579,999 List Price | 3 | 2 | 1,768 | 0.2 mi | |
B 1142 W VERMONT Avenue Sold | $650,000 | 3 | 2 | 1,532 | $424 | 0.4 mi |
C 1319 W SAN MIGUEL Avenue W Sold | $630,000 List Price | 5 | 2 | 2,137 | 0.4 mi | |
D 1422 W COLTER Street Sold | $729,000 List Price | 3 | 3 | 1,777 | 0.6 mi | |
E 903 W MISSOURI Avenue Active | $624,000 List Price | 4 | 3 | 1,954 | $319 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1954, the property has undergone a comprehensive, high-quality renovation within the last 5 years. The interior features modern LVP flooring, updated bathrooms with contemporary tile work and fixtures, and fresh paint throughout, presenting in mint, move-in ready condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8392, living area = 1872.
The unique layout features two separate 2-bedroom units with private entrances and yards, ideal for multi-generational living, a home office, or potential income-producing opportunities.
Situated in a highly desirable area near the Melrose District and Uptown Phoenix, offering residents quick access to top-tier dining, shopping, and major employment centers.
The total square footage is divided into two smaller 936 sqft living areas, which may feel restrictive for buyers seeking a traditional, large single-family open-concept layout.
Originally built in 1954, the property may require ongoing maintenance or future upgrades to aging underlying systems despite the recent cosmetic and functional renovations.
Rare Updated Home with Attached Secondary Living Space | 4 Bedrooms | Flexible Living | No HOA Beautifully updated and thoughtfully reimagined, this one-of-a-kind property offers the flexibility today's buyers are searching for. Situated on an oversized corner lot in one of Central Phoenix's most established neighborhoods, the home features a stylishly renovated primary residence paired with an attached secondary living space. Each enjoys its own private entrance, fenced yard, and outdoor living area, creating a remarkable sense of independence while remaining under one roof. Designed to adapt to every stage of life, this unique property is ideal for multi-generational living, extended family, long-term guests, a private home office, creative studio, or additional, flex living space. Step through the gates and discover mature shade trees, lush landscaping, and inviting outdoor spaces that create a peaceful retreat rarely found in such a central location. Inside, both living spaces have been tastefully updated, blending modern finishes with comfortable, functional design. The result is a home that feels fresh, welcoming, and move-in ready. Covered off-street parking adds even more everyday convenience. The primary residence and attached secondary living space each offer approximately 936 square feet with 2 bedrooms and 1 bath, providing approximately 1,872 square feet of thoughtfully designed living space. The separation between the two living areas offers exceptional privacy while preserving the comfort and convenience of a single home. For buyers seeking additional flexibility, the attached secondary living space may also offer future income-producing potential, subject to buyer verification of intended use and all applicable local regulations. Both main house and flex residence included in total living square footage. Located just minutes from the Melrose District, Uptown Phoenix, Downtown Phoenix, exceptional dining, shopping, and major employment centers, this property combines the character of an established neighborhood with the confidence of a beautifully updated home. Properties offering this combination of quality, versatility, and location are increasingly rare. Whether you're looking for a home that grows with your family, accommodates multiple generations, creates space to work or create, or simply offers options for the future, this is an opportunity unlike anything else on the market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,872 | - |
| Lot Size | 8,392 | - |
| Price | $739.0K | $495.4K |
| Price per sq ft | $395 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 12 | 1260 |
Jul 11, 2026
$739,000
Initial Listing