$1,299,000
Phoenix, AZ 85008
MLS# 6984908
8 beds | 5 baths
1 / 21
Property Description
Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.
Details
Maps
Contract Information
List Price: $1,299,000
Status: Active
Current Price: $1,299,000
List Date: 2026-02-14
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 2545
Compass: N
Street Name: 29TH
St Suffix: Place
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85008
Zip4: 2017
County Code: Maricopa
Assessor Number: 120-25-020
Subdivision: EAST THOMAS ROAD TRACT 2
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 2
# of Interior Levels: 2
# Bedrooms: 8
Full Bathrooms: 5
Total Bathrooms: 5
Approx SQFT: 4176
Price/SqFt: 311.06
Horses: N
Builder Name: unknown
Year Built: 1991
Approx Lot SqFt: 13765
Approx Lot Acres: 0.316
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: Monte Vista Elementary School
Jr. High School: Monte Vista Elementary School
High School: Camelback High School
Remarks Misc
Cross Street: Thomas and 32nd St
Directions: Head West on Thomas to 29th Pl. Turn South on 29th Pl. Home is on the Southeast side of the street at Virginia and 29th Place.
Geo Lat: 33.476535
Geo Lon: -112.018007
Legal Info
Township: 2N
Range: 3E
Section: 35
Lot Number: 72
Basement
Basement Y/N: N
Items Updated
Floor Yr Updated: 2023
Floor Partial/Full: Full
Wiring Yr Updated: 2023
Wiring Partial/Full: Full
Plmbg Yr Updated: 2023
Plmbg Partial/Full: Full
Ht/Cool Yr Updated: 2023
Ht/Cool Partial/Full: Full
Roof Yr Updated: 2023
Roof Partial/Full: Full
Kitchen Yr Updated: 2023
Kitchen Partial/Full: Full
Bath(s) Yr Updated: 2023
Bath(s) Partial/Full: Full
Parking Spaces
Carport Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings
Property Features
Special Listing Cond: Owner/Agent
Architecture: Contemporary
Master Bathroom: Double Vanity
Master Bedroom: Downstairs
Flooring: Laminate
Window Features: Dual Pane
Spa: None
Dining Area: Dining in FR
Kitchen Features: Electric Range; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter
Laundry: Washer Included; Dryer Included
Technology: Cable TV Avail
Parking Features: Separate Strge Area
Construction: Block
Const - Finish: Painted
Roofing: Composition
Cooling: Central Air; Ceiling Fan(s)
Heating: Electric
Utilities: SRP
Water Source: City Water
Irrigation: Flood
Sewer: Sewer - Public
Fencing: Perimeter; Wood; Chain Link
Landscaping: Dirt Back; Grass Front
Showing Notification Methods: Text; Phone Call
Lockbox Type: None
Possession: Close of Escrow
Unit Style: Two Levels
Association Fee Incl: No Fees
Existing 1st Loan: Conventional
New Financing: Cash; Conventional
Disclosures: Seller Discl Avail
Listing Office: Realty ONE Group
Last Updated: February - 15 - 2026
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