1002 W Polk Street, Phoenix, AZ 85007

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1002 W Polk Street,Phoenix, AZ 85007
$370,000
  • 6 Beds
  • 6 Baths
  • - sq. ft.
  • Single family
  • Sold
Listed by: pedro hernandez murillo
Office: realty one group
MLS#:7065796
Source:ARMLS

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Price summary

  • Price:$370,000

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
  • Subdivision & Development:UNIVERSITY ADDITION
  • Listing ID #:7065796
  • Updated:August 14, 2026 at 01:33 AM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6

Heating and cooling

  • Central air:Yes

Structure and exterior

  • Year built:1906
  • 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:$370,000
  • Tax amount:$590 (2025)
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved. ARMLS Member Broker: Byron Short