1002 W Polk Street Phoenix, AZ 85007

6 Beds
6 Baths
1,138 Sqft
6,250 Sqft lot
0.14 Acre lot
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$409,900 Est. $1,509 / mo.*
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Status: Active
Property Type: Single Family Residence
Year Built: 1906
Neighborhood: University Addition

Courtesy of eXp Realty {attribution_contact}

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.

Property Details and Features

  • 6 total decimal bathrooms
  • 6 total bathrooms
  • 6 total bedrooms
  • Built in 1906
  • Living area: 1138
  • Construction materials: "Cement Siding", "Block"
  • "Central Air"
  • "Front Yard"
  • "Back Yard"
  • Association fee includes: "No Fees"
  • "Full Bth Master Bdrm"
  • "None"
  • Listing ID: 6991967
  • Standard status: Active
  • 19 days on market
  • Subdivision name: UNIVERSITY ADDITION
  • 0.14 acres
  • 6,250 sqft
  • "Dirt Front"
  • "Dirt Back"
  • "Close Of Escrow"
  • "Composition"
  • Elementary school: Kenilworth Elementary School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • "Public Sewer"
  • Annual amount: $590
  • Lot: 31

Location

$409,900 - 1002 W Polk Street, Phoenix, AZ 85007
1002 W Polk Street Phoenix, AZ 85007
Subdivision name: UNIVERSITY ADDITION

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This content last updated on March 2, 2026 11:13PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.