85006 Homes under $500,000

Welcome to the vibrant and diverse community of Phoenix, Arizona, specifically the charming 85006 zip code! Nestled in the heart of Maricopa County, this area is a delightful blend of urban convenience and suburban tranquility. Whether you are a first-time homebuyer or looking to invest, the 85006 zip code offers an array of homes under $500,000, making it an attractive option for those seeking affordability without sacrificing quality of life.

The 85006 area is characterized by its rich history and eclectic neighborhoods, showcasing a mix of architectural styles that reflect the city's evolution. From cozy bungalows to modern townhomes, you'll find properties that cater to various tastes and lifestyles. The affordability of homes in this region allows for a wide range of choices, making it easier to find the perfect fit for your family or investment portfolio.

Living in 85006 means you’ll enjoy easy access to Phoenix's vibrant downtown, where you can explore an array of dining, shopping, and entertainment options. The area is also well-served by parks and recreational facilities, perfect for outdoor enthusiasts and families alike. With a strong sense of community and a welcoming atmosphere, residents of 85006 take pride in their neighborhoods, making it a fantastic place to call home.

If you're looking for a dynamic and affordable place to live in Phoenix, the 85006 zip code is an excellent choice. Discover your dream home today and experience the warmth and charm this area has to offer!

Newest 85006 Homes under $500,000

$230,000

3 Beds ⋅ 1 Baths ⋅ 7088880 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85006 Zip Code

ATTENTION INVESTORS!! Great House to fix and flip. Great opportunity! Fixer upper. Big lot! 3 bedrooms, 1 bath with a bonus room that could be easily converted into the 2nd bathroom. Owner started all the Demo already ready for you to start the remodel. A lot of room in the back to extend. No blind offers will be considered.

1746 E Monte Vista Road, Phoenix

$320,000

3 Beds ⋅ 1 Baths ⋅ 7088751 MLS ⋅ ACTIVE Status ⋅ 0.18 Acres ⋅ 85006 Zip Code

2238 E Portland Street, Phoenix

$460,000

6 Beds ⋅ 4 Baths ⋅ 7086476 MLS ⋅ ACTIVE Status ⋅ 85006 Zip Code

3 bedroom, 1 bath in each unit. Both homes recently remodeled. New roof. Front AC installed 9/2026 and the back AC is 2-3 years old. Back unit is currently tenant-occupied, providing immediate rental income, while the second is vacant and ready for occupancy.

2325 E Roosevelt Street, Phoenix

$442,000

2 Beds ⋅ 1 Baths ⋅ 7085399 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85006 Zip Code ⋅ 1,166 SqFt.

This thoughtfully renovated bungalow in the Brentwood Historic District is just off the newly renovated ''Old Phoenix downtown'' historic drive. Walkable coffee shops, stores and restaurants. A five minute drive to i-10, 2 minute to sr51, 5 minute drive to downtown Phoenix, 3 min to nice shops and 5 to nearby cool nearby eateries/neighborhood. This solidly built gem, tucked away on a quiet drive, has so many delightful details! Preserved interior and exterior architectural elements, gorgeous original metal kitchen cabinets, restoration hardware lighting, functioning wood-burning fireplace and a large fenced-in backyard with fire-pit and outside dining!

1813 E Willetta Street, Phoenix

$487,500

3 Beds ⋅ 2 Baths ⋅ 7084717 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 85006 Zip Code

Experience the charm of historic Phoenix living with a modern twist! Minutes from the vibrant Garfield District and the heart of Downtown Phoenix, this fully remodeled bungalow and Casita offer the perfect blend of character, comfort, and versatility. Step inside the 2-bedroom, 1-bath main home and you're welcomed by soaring 9-foot ceilings, abundant natural light, and thoughtfully updated spaces designed for everyday living and entertaining. The kitchen is the heart of the home, featuring a gas range, crisp white shaker cabinetry with soft-close doors and drawers, quartz countertops, and plenty of space to gather. Retreat to the spacious primary bedroom with a walk-in closet, while the beautifully remodeled bathroom adds a fresh, modern feel. Out back, your own private desert oasis. Relax beneath the pergola, fire up the grill, gather around the firepit, and enjoy Arizona evenings under the stars. And then there's the casita! The completely remodeled 1-bedroom, 1-bath guest house offers 462 square feet of additional living space with separate metering, creating incredible flexibility and income-earning potential. Whether used for guests, extended family, a home office, or as a potential rental, the casita offers an opportunity to generate additional income while still enjoying your own private space in the main home. With R-4 zoning and a location close to Downtown Phoenix dining, entertainment, arts, and nightlife, this property brings together urban living, flexibility, and income potential in one unique package. Main House: 2 Bedrooms | 1 Bathroom | 1,157 Sq Ft Guest House: 1 Bedroom | 1 Bathroom | 462 Sq Ft Historic charm, modern updates, a private backyard retreat, and a separate casita with income-earning potential, all in the heart of Phoenix!

357 N 15th Street, Phoenix

$355,000

2 Beds ⋅ 1 Baths ⋅ 7084311 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85006 Zip Code ⋅ 832 SqFt.

Opportunity for homeowners, investors, or builders! This 2-bedroom, 1-bath home offers the option to live in it, renovate it, or hold it as a rental. The reported R-3 multifamily zoning also makes the property worth exploring for additional residential units or redevelopment. The number and type of units possible depend on the lot, setbacks, parking, and City of Phoenix approval; buyers should verify their plans with the city.

1015 E Moreland Street, Phoenix

$469,900

2 Beds ⋅ 1 Baths ⋅ 7081772 MLS ⋅ ACTIVE Status ⋅ 0.18 Acres ⋅ 85006 Zip Code ⋅ 950 SqFt.

Fully Furnished if you like. Located in Midtown Phoenix's historic Coronado neighborhood • 2 Bedroom• Walkable to restaurants, bars, shops, and Coronado Park • Park amenities: lighted tennis & basketball courts, playground, grills, pool, softball & baseball fields, picnic areas, and security lighting • Surrounded by three historic districts with classic 1920s-1940s architecture • Easy access to downtown, arts district, light rail, major freeways, and hospitals • Vibrant community feel with small businesses nearby. • Super big yard. So much potential. Hardwood floors. Interim guests as this can be a vacation rental.

2514 N 14th Street, Phoenix

$489,900

3 Beds ⋅ 2 Baths ⋅ 7080486 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85006 Zip Code

Welcome home, highly sought-after Garfield Historic Neighborhood, just minutes from down town and Roosevelt Row Arts District, right in the middle of all points of interest including restaurants, night life entertainment, hospitals. Beautiful renovated 3 bedroom and 2 full bath home, original square footage with a 2 car garage, something you don't see often in these neighborhood, open concept, its modern updates such as new kitchen with upgraded quartz counter tops and stainless steal appliances makes this a very unique home. Upgraded wood looking porcelain tile and modern light fixtures over look the new recent accent wall that gives this home so much character. Lots of natural light come in all directions so you can enjoy the summer or winter nights, the back yard is perfect for the occ occacional BBQ or if you have some extra toys, this one comes with an over sized RV gate in the back, full size covered and well lit back patio, easy desert landscaping in the front for your convenience, all in all this one is truly one of a kind.

342 N 15th Street, Phoenix

$360,000

2 Beds ⋅ 1 Baths ⋅ 7079419 MLS ⋅ ACTIVE Status ⋅ 0.1 Acres ⋅ 85006 Zip Code

Beautifully renovated and move-in ready, this charming single-level home sits on a desirable corner lot with no HOA, offering a rare combination of privacy, flexibility, and convenience in one of Phoenix's most sought-after locations. Tucked away on a quiet street near the sought-after Garfield District, the home welcomes you with fresh paint, a privacy fence, and excellent curb appeal. Inside, abundant natural light fills the thoughtfully updated interior, featuring luxury vinyl plank flooring, energy-efficient windows, and a modern two-tone paint palette that creates a bright and inviting atmosphere throughout. The remodeled kitchen is equipped with stainless steel appliances, updated fixtures, and a clean, functional layout designed for everyday living. The spacious bathroom has a new bathtub, tiled surround, updated vanity, and contemporary finishes. Both bedrooms offer impressive space and comfort, while the home's corner-lot setting provides open areas on two sides, creating additional possibilities for outdoor enjoyment, recreation, or future enhancements including RV parking spaces. Ideally located just minutes from Downtown Phoenix, Sky Harbor International Airport, ASU Downtown, and major freeway access including I-10, I-17, and SR-51, this home places you close to some of the city's best dining, coffee shops, museums, entertainment venues, and cultural attractions. Whether you're looking for a primary residence or an investment opportunity, this beautifully updated property delivers style, comfort, and exceptional urban convenience.

1729 E Moreland Street, Phoenix

$499,900

3 Beds ⋅ 2 Baths ⋅ 7079333 MLS ⋅ ACTIVE Status ⋅ 0.1 Acres ⋅ 85006 Zip Code

Discover the charm of historic Downtown Phoenix living in the desirable Garfield District! This fully remodeled 3-bedroom, 2-bathroom home beautifully blends historic architecture with modern updates and everyday comfort. Featuring stylish finishes, a functional layout, and a welcoming atmosphere, this move-in-ready home preserves the character that makes the neighborhood unique. The spacious lot includes an RV gate for convenient access, parking, or storage. Enjoy an unbeatable location near Downtown Phoenix dining, shopping, entertainment, parks, and major freeways. A rare opportunity to own a beautifully updated home with timeless character and urban convenience! Perfect for city living!!!

1012 E Portland Street, Phoenix

$499,990

4 Beds ⋅ 3 Baths ⋅ 7076516 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85006 Zip Code ⋅ 1,248 SqFt.

Fully remodeled property in the Garfield Historic District, just minutes from Downtown Phoenix! The main house features 3 bedrooms and 2 bathrooms, plus a separate 1-bedroom, 1-bathroom casita. Perfect opportunity for house hacking, multigenerational living, a private guest suite, or additional rental income. Enjoy easy access to Downtown Phoenix dining, entertainment, sporting events, Roosevelt Row, major freeways, and everything the area has to offer.

1433 E Portland Street, Phoenix

$409,000

3 Beds ⋅ 1 Baths ⋅ 7072074 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85006 Zip Code

Very rare find in Phoenix! This beautifully restored bungalow is more than 100 years old, but seamlessly blends its classical charm with fresh updates. This 3-bed, 1-bath home features modern plumbing, wiring, roof, and kitchen. From the moment you arrive, take note of the unique gabion brick fence, metal garden beds, and an inviting covered front porch. Walking in, you'll immediately appreciate the increased height of the period cove ceilings, making the already open living and dining space feel even larger. The dining area features an original built-in bar, worthy of displaying your oldest spirits. An updated kitchen with quartz countertops caps off the living space. The amenities carry through to the backyard as well! A covered back patio is perfect for entertaining, and this home includes a 40' shipping container with potential for a workshop, gym, guest space, or extra storage at the rear of the property! A prime location just minutes from Sky Harbor, Downtown Phoenix Arts District, sports venues. Walkable to restaurants, coffee shops, and breweries, with easy access to multiple freeways, and tastefully designed with modern penny and subway tiles as a throwback to the era of its original construction, this home is fresh and ready to be called ''Home'' for another century!

2218 N 21st Place, Phoenix

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