1002 W Polk Street, Phoenix, AZ 85007

Phoenix
Local realty services provided by:ERA Four Feathers Realty, L.C.
1002 W Polk Street,Phoenix, AZ 85007
$409,900
  • 6 Beds
  • 6 Baths
  • 1,138 sq. ft.
  • Single family
  • Active
Listed by: pedro hernandez murillo
Office: exp realty
MLS#:6991967
Source:ARMLS

Price summary

  • Price:$409,900
  • Price per sq. ft.:$360.19

About this home

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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Home facts

  • Year built:1906
  • Listing ID #:6991967
  • Updated:March 03, 2026 at 12:48 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6
  • Full bathrooms:6
  • Living area:1,138 sq. ft.

Structure and exterior

  • Year built:1906
  • Building area:1,138 sq. ft.
  • Lot area:0.14 Acres
  • Lot Features:Dirt Back, Dirt Front
  • Construction Materials:Block

Schools

  • High school:Central High School
  • Middle school:Kenilworth Elementary School
  • Elementary school:Kenilworth Elementary School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$409,900
  • Price per sq. ft.:$360.19
  • Tax amount:$590 (2025)
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