
Phoenix, AZ 85007
Analysis of 777 W ROOSEVELT Street 2, Phoenix, AZ 85007 is currently available with a list price of $449,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is move-in ready.
Built in 2006 (18 years old), this property falls within the 10-20 year range for 'Good' condition. The interior shows a well-maintained modern industrial aesthetic with concrete and wood-look flooring, exposed ductwork, and functional bathrooms. It appears move-in ready and functional despite being a lender-owned property.
The unique street-level bottom floor offers rare flexibility for either residential or commercial use, providing an ideal setup for a home office, art studio, or guest space with a separate entrance.
Situated just outside the Roosevelt Row Arts District, this property boasts high walkability to downtown Phoenix’s premier dining, nightlife, sports venues, and convenient freeway access.
At 1,946 square feet, this townhouse offers a significantly larger footprint than typical downtown condos, featuring multiple outdoor decks and a spacious primary suite.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
As a lender-owned property, it is likely sold in as-is condition, which may involve deferred maintenance and a less flexible negotiation process compared to traditional sales.
Despite the large square footage and three bathrooms, the property only features one formal bedroom, which may limit its appeal to families or buyers requiring traditional multi-room configurations.
This REO-Lender Owned condo's just outside the Roosevelt Row Arts District in Downtown Phoenix. This prime Phoenix location offers flexible space, with a street-level bottom floor that can be used for residential or commercial use and can be separated from the upper levels, making it ideal for an office, studio, or guest space. The upper floors feature living areas, a full kitchen, and outdoor decks to enjoy the downtown vibe, plus a spacious primary suite with a full en-suite bath and laundry room. The property includes 1 full bath and 2 half baths, with potential to convert the half baths to full baths. You'll also appreciate covered parking and quick access to freeways, sports venues, dining, and nightlife.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.8 mi
Grades PK-8 • 1.7 mi
No sensitive facilities data found.
No neighborhood comparison data available.
May 22, 2026
$449,000
Initial Listing