$409,900
Phoenix, AZ 85007
MLS# 6991967
6 beds | 6 baths
1 / 25
Property Description
Vacant investor special and fixer-upper with huge upside! This red brick property offers a rare value-add opportunity near Downtown Phoenix. The main home is set up as a 5 bed / 5 bath layout, ideal for a PadSplit / co-living strategy or a strong rental hold once renovated. There's also an approx. 700 sq ft casita that can be finished and rented separately for additional income. Projected rents are around $1,000 per bedroom in the main house plus ~$1,500/month for the casita, for an estimated $6,500/month total potential. Seller is motivated and is looking for a cash offer with a quick close. Located minutes from Downtown Phoenix with easy access to major freeways, jobs, dining, nightlife, and entertainment.
Details
Maps
Contract Information
List Price: $409,900
Status: Active
Current Price: $409,900
List Date: 2026-02-27
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1002
Compass: W
Street Name: POLK
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85007
Zip4: 2516
County Code: Maricopa
Assessor Number: 111-28-157
Subdivision: UNIVERSITY ADDITION
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 6
Full Bathrooms: 6
Total Bathrooms: 6
Approx SQFT: 1138
Price/SqFt: 360.19
Horses: N
Builder Name: NA
Year Built: 1906
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 6250
Approx Lot Acres: 0.143
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Kenilworth Elementary School
Jr. High School: Kenilworth Elementary School
High School: Central High School
Remarks Misc
Geo Lat: 33.453581
Geo Lon: -112.086476
Legal Info
Township: 1N
Range: 3E
Section: 6
Lot Number: 31
Basement
Basement Y/N: N
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Master Bathroom: Full Bth Master Bdrm
Spa: None
Dining Area: Formal
Kitchen Features: None
Laundry: None
Construction: Block
Const - Finish: Cement Siding
Roofing: Composition
Cooling: Central Air
Heating: None
Utilities: SRP
Water Source: City Water
Sewer: Sewer - Public
Fencing: Back Yard; Front Yard
Landscaping: Dirt Front; Dirt Back
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional
Disclosures: None
Listing Office: eXp Realty
Last Updated: March - 02 - 2026
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