$370,000
$390,000
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1002 W POLK Street Phoenix, AZ 85007
6 Beds
6 Baths
1,138 SqFt
Key Details
Sold Price $370,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 1,138 sqft
Price per Sqft $325
Subdivision University Addition
MLS Listing ID 7065796
Sold Date 08/12/26
Bedrooms 6
Full Baths 6
HOA Y/N No
Year Built 1906
Annual Tax Amount $590
Tax Year 2025
Lot Size 6,250 Sqft
Acres 0.14
Property Sub-Type Single Family Residence
Source Arizona Regional Multiple Listing Service (ARMLS)
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.
Location
State AZ
County Maricopa
Community University Addition
Area Maricopa
Rooms
Master Bathroom true
Den/Bedroom Plus 6
Separate Den/Office N
Interior
Interior Features Full Bth Master Bdrm
Heating None
Cooling Central Air
Flooring Flooring
Fireplace No
SPA None
Laundry None
Exterior
Fence Front Yard, Back Yard
Utilities Available SRP
Roof Type Composition
Private Pool No
Building
Lot Description Dirt Front, Dirt Back
Story 1
Builder Name na
Sewer Public Sewer
Water City Water
New Construction No
Schools
Elementary Schools Kenilworth Elementary School
Middle Schools Kenilworth Elementary School
High Schools Central High School
School District Phoenix Union High School District
Others
HOA Fee Include No Fees
Senior Community No
Tax ID 111-28-157
Ownership Fee Simple
Acceptable Financing Cash, Conventional, FHA, VA Loan
Horse Property N
Disclosures None
Possession Close Of Escrow
Listing Terms Cash, Conventional, FHA, VA Loan
Financing Other
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