1002 W Polk Street, Phoenix, AZ 85007
- $370,000
- 6
- BD
- 6
- BA
- 1,138
- SqFt
- Sold Price
- $370,000
- List Price
- $390,000
- Closing Date
- Aug 12, 2026
- Days on Market
- 23
- Status
- CLOSED
- MLS#
- 7065796
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 6
- Living SQFT
- 1,138
- Lot Size
- 6,250
- Subdivision
- University Addition
- Year Built
- 1906
- Type
- Single Family Residence
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.
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Additional Information
- Elementary School
- Kenilworth Elementary School
- High School
- Central High School
- Middle School
- Kenilworth Elementary School
- Acres
- 0.14
- Assoc Fee Includes
- No Fees
- Builder Name
- na
- Construction
- Block, Cement Siding
- Cooling
- Central Air
- Fencing
- Back Yard, Front Yard
- Heating
- None
- Laundry
- None
- Living Area
- 1,138
- Lot Size
- 6,250
- New Financing
- Cash, VA Loan, FHA, Conventional
- Lot Features
- Dirt Front, Dirt Back
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Subdivision
- University Addition
- Taxes
- $590
- Tax Year
- 2025
- Water
- Public
Courtesy of Realty ONE Group. 480-315-1240 Selling Office: ARRT of Real Estate.
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