$409,900
3 Bed · 2 Bath · 1,354 Sq Ft
Period charm, big lot, prime Phoenix access — value and upside.
3
Beds
2
Baths
1,354
Sq Ft
1948
Built
0.18 acres
Lot
No garage listed; room to add detached garage
Garage
Original red brick, a generous yard and straightforward freeway access define this East-Central Phoenix opportunity. Built in 1948 and well-loved, this single-level home offers 3 bedrooms and 2 bathrooms across 1,354 square feet, all sited on a substantial 7,941-square-foot lot. The exterior’s classic brick façade makes for low-maintenance curb appeal while the deep rear yard creates a private setting for gardening, shade trees, or a future patio and garage addition.
Inside you'll find a practical layout ready for personalization. The living spaces are comfortable and functional as-is, and the home is particularly well-suited for buyers who want to invest in selective upgrades — kitchens and baths can be modernized for significant value gain. With two full bathrooms and a three-bedroom plan, the home works equally well for families, downsizers seeking single-floor living, or investors targeting solid rental performance in central Phoenix.
Location is a standout: quick access to the Loop 202 and nearby arterials makes commutes and errands efficient across the valley. Everyday conveniences — grocery, takeout, and service businesses — are a short drive away, and larger dining/retail corridors are easily reachable. The lot is a true asset here: build a detached garage, create an expansive backyard retreat, or evaluate accessory dwelling options (subject to permits) to unlock added value.
Concessions are available. This is a clear buy-and-build story for a buyer or investor who sees upside in a solid, character-rich home on a rare large lot in 85008. Schedule a tour today and bring your contractor estimates — this one rewards vision.
East-Central Phoenix (zip 85008) is an established residential area characterized by mid-century homes, pocket retail strips, and convenient freeway access. The neighborhood offers a mix of long-time homeowners and newer buyers attracted to central location value. Streets are typically lined with shade trees and properties often include larger-than-average lots compared with newer suburbs. The area appeals to buyers seeking centrality without premium central-Phoenix pricing.
Central Phoenix neighborhoods including zip 85008 have stabilized after the high volatility of recent years. Inventory in many central pockets remains tighter than in outlying suburbs, which keeps demand steady for homes that are move-in ready or show strong renovation potential. Median sale prices in comparable central Phoenix tracts are near the $400k–$440k range in early 2026; days on market average roughly 3–6 weeks depending on condition. For buyers: this is an opportunity to secure a substantial lot and a structurally-sound red-brick home at a price that allows for value-add. For sellers/investors: renovated, turn-key properties continue to command premium pricing and quick sales. Expect buyers to be price-sensitive on homes requiring full renovation, so realistic scope-and-budget planning will drive net returns.
Roosevelt Elementary School
Elementary · 1.0–2.0 mi
Madison Traditional Academy (nearby K-8 options)
Middle · 1.5–3.0 mi
Phoenix Union High School District (local high school assignment varies)
High · Varies by assigned school
Good access to neighborhood parks and open spaces by short drive; large private yard offers immediate recreation and outdoor living opportunities.
Acquire a well-built, original red-brick home on a large lot in East-Central Phoenix at a price that allows for cosmetic or moderate systems upgrades. Post-renovation, capture value via resale to owner-occupiers or convert to a higher-rent asset with upgraded interiors and outdoor amenities.
Buyers should conduct independent due diligence before making any purchase decisions.
Low
$390K
Midpoint
$410K
High
$430K
$302.8/SF estimated price per square foot
Estimate anchored to list price of $409,900 and informed by local Phoenix market dynamics for older single-family homes in 85008 with 1,200–1,600 SF and large lots. No live comparable sales search performed; buyer should obtain CMA/appraisal.
As of 2026-03-13
This is a computer-generated estimate for informational purposes only and is not an appraisal or professional valuation.
East-Central Phoenix has seen steady demand from first-time buyers and investors; areas with larger lots and solid structures like red brick homes are desirable for renovations and additions.
The property sits in an established East-Central Phoenix neighborhood with quick freeway access (Loop 202). Nearby are basic retail, service businesses, and community parks; larger retail and dining corridors are a short drive.
Market data is based on aggregated public records and may not reflect real-time conditions.
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