$615,000
Phoenix, AZ 85006
MLS# 7023262
5 beds | 4 baths
1 / 23
Open House (05/08/2026 - 12:30 pm - 4:30 pm)
Property Description
Investment Opportunity next to the Historic Downtown Phoenix District with exceptional upside potential. Home includes a spacious main residence featuring 3 bedrooms, 3 bathrooms, and a den, offering a versatile layout ideal for families or long-term tenants. In addition, the detached guest home includes 2 bedrooms and 1 bathroom, creating a strong opportunity for dual rental income, multigenerational living, or short-term rental strategies. With a projected after-remodel value exceeding $800,000, this property has a clear path to substantial equity and profit. Whether the game plan is long-term hold, or maximizing income with multiple units, this property offers that flexibility being sold AS-IS
Details
Maps
Contract Information
List Price: $615,000
Status: Active
Current Price: $615,000
List Date: 2026-04-24
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 1505
Compass: E
Street Name: WILLETTA
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 3089
Country: US
County Code: Maricopa
Assessor Number: 116-21-066
Subdivision: KENWOOD BLOCKS 4 5
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 5
Full Bathrooms: 4
Total Bathrooms: 4
Approx SQFT: 2332
Price/SqFt: 263.72
Guest House SqFt: 974
Horses: N
Builder Name: Unk
Year Built: 1970
Lead Based Hazard Disclosure: No
Approx Lot SqFt: 6750
Approx Lot Acres: 0.155
Flood Zone: No
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Marketing Name: 1505 E Willetta St
Elementary School District: Phoenix Elementary District
High School District: Phoenix Union High School District
Elementary School: Whittier Elementary School
Jr. High School: Whittier Elementary School
High School: Camelback High School
Remarks Misc
Cross Street: McDowell Rd and 16th Street
Directions: Going south bound on 16th Street, south of Mcdowell Road make a right on E Willetta St, home will be on the left towards the end of the street.
Geo Lat: 33.463492
Geo Lon: -112.049501
Legal Info
Township: 1N
Range: 3E
Section: 4
Lot Number: 22
Basement
Basement Y/N: N
Items Updated
Floor Yr Updated: 2020
Floor Partial/Full: Full
Roof Yr Updated: 2024
Roof Partial/Full: Partial
Parking Spaces
Carport Spaces: 1
Slab Parking Spaces: 2
Total Covered Spaces: 1
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: N/A
Architecture: Ranch
Master Bathroom: Full Bth Master Bdrm
Master Bedroom: Upstairs
Additional Bedroom: Other Bedroom Downstairs
Flooring: Laminate
Spa: None
Dining Area: Formal
Kitchen Features: Gas Range
Laundry: Washer Hookup; 220 V Dryer Hookup
Foundation Details: Slab
Other Rooms: Family Room
Exterior Features: Covered Patio(s)
Road Access Type: Alley; City Street
Road Responsibility: City Maintained Road
Construction: Block; Brick
Const - Finish: Painted; Brick Veneer
Roofing: Composition; Tile; Rolled
Cooling: Central Air; Ceiling Fan(s); Heat Pump
Heating: Heat Pump; Electric
Plumbing: Gas Hot Water Heater
Utilities: APS; SW Gas
Water Source: City Water
Sewer: Sewer - Public
Services: City Services
Fencing: Back Yard; Front Yard; Block; Wood
Property Description: North/South Exposure; Alley
Landscaping: Gravel/Stone Back; Grass Front
Lockbox Type: Supra
Possession: Close of Escrow
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; Conventional; 1031 Exchange
Disclosures: Seller Discl Avail; Agency Discl Req
Listing Office: Limitless Real Estate
Last Updated: May - 05 - 2026
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