Capitol Addition Homes under $1 million

Welcome to Capitol Addition, a vibrant and inviting subdivision nestled in the heart of Phoenix, Arizona, within the dynamic Maricopa County. This charming community is the perfect blend of urban convenience and suburban tranquility, making it an ideal place for families, young professionals, and retirees alike.

Capitol Addition boasts a rich history and a strong sense of community, with tree-lined streets and well-maintained parks that encourage outdoor activities and neighborhood gatherings. Residents enjoy easy access to a variety of local amenities, including shops, restaurants, and entertainment options, all just a short drive away. With its close proximity to downtown Phoenix, you can experience the excitement of city life while retreating to the peacefulness of your home in Capitol Addition.

One of the most appealing aspects of this subdivision is its diverse range of homes available for under $1 million. Whether you are searching for a cozy bungalow, a spacious family home, or a modern townhouse, Capitol Addition offers a variety of options to suit your lifestyle and budget. Many residences feature charming architectural details, lush gardens, and inviting outdoor spaces, perfect for entertaining or simply enjoying the beautiful Arizona weather.

With its welcoming atmosphere, excellent schools, and a strong sense of community, Capitol Addition is a hidden gem in Phoenix that provides an exceptional quality of life. Discover your dream home in this delightful subdivision and become a part of the thriving Capitol Addition community today!

Newest Capitol Addition Homes under $1 million

$389,900

3 Beds ⋅ 2 Baths ⋅ 7086126 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85009 Zip Code ⋅ 1,340 SqFt.

Welcome to this lovely light and bright home located close downtown phoenix, easy access to the I-17. This home boasts 3 bedroom, 2 baths with a 2 car garage that could also be transformed into a ADU, either for added income or more space for the family. This home has been painted inside and out, freshly laid vinyl flooring throughout, water heater installed in 2026. Stop by and take a look at your new home

2110 W Washington Street, Phoenix

$499,000

6 Beds ⋅ 3 Baths ⋅ 7085899 MLS ⋅ ACTIVE Status ⋅ 85009 Zip Code

Fully occupied tri-plex located near downtown Phoenix with stable tenants and great cash flow ($3400 per month)! The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!

2013 W Adams Street, Phoenix

$239,000

2 Beds ⋅ 1 Baths ⋅ 7084688 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85009 Zip Code ⋅ 800 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 2BD/1BA single-family home currently generating $1,500/month and a studio generation $950/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2109 W Monroe Street, Phoenix

$239,000

3 Beds ⋅ 2 Baths ⋅ 7084668 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 85009 Zip Code ⋅ 1,127 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 3BD/2BA single-family home currently generating $1,750/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2113 W Monroe Street, Phoenix

$185,000

2 Beds ⋅ 1 Baths ⋅ 7084391 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85009 Zip Code ⋅ 614 SqFt.

2025 W Madison Street, Phoenix

$285,000

3 Beds ⋅ 2 Baths ⋅ 7071193 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85009 Zip Code ⋅ 1,288 SqFt.

Well maintained home. New roof and new cold AC unit. Large living room, kitchen, 2 downstairs bedrooms, a small den or office and bathroom. Upstairs there is a private unit with one bedroom and one half bath. Great starter home that sits on a huge 7000 square foot lot perfect for expanding the home. Next door, 2025 W. Madison is also for sale.

2029 W Madison Street, Phoenix

$455,000

4 Beds ⋅ 3 Baths ⋅ 6982916 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85009 Zip Code ⋅ 1,593 SqFt.

zoning allows for 5 units. beautifully updated.move in ready.owner/agent has never occupied property.no spds/clue available.lots of prking at the front,rear,& side street.owner/agent is an az active licensed realtor/bldr.iron gate with code lock and iron automobile gate w/remote. All new appliances from spencers.reverse osmosis water,all new plumbing fixtures, outlets,and light fixtures. All new Ring security system included. All new flooring.Can add a larger elect alley access gate,exist manual alley gate. Self contained detached 240 sf studio in the backyard.new cabs/quartz cntrtps. Sold in as is condition. Currently, rented at $2150 per month. 12 month lease. Tenant pays all utilities.must honor exist tenants lease until feb 2027

2002 W Adams Street, Phoenix

$849,900

20 Beds ⋅ 20 Baths ⋅ 6785949 MLS ⋅ ACTIVE Status ⋅ 85009 Zip Code

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

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Information Is Believed To Be Accurate But Not Guaranteed. Some or all listings may or may not be listed by the office/agent presenting these featured properties. Copyright 2026 MTRMLS, Inc. RealTracs Solutions.