85007 Homes under $300,000

Welcome to the vibrant heart of Phoenix, Arizona, where the zip code 85007 invites you to explore a unique blend of urban charm and suburban comfort. Nestled in Maricopa County, this area is known for its rich history, diverse culture, and a community spirit that makes it a fantastic place to call home.

One of the most appealing aspects of the 85007 zip code is its accessibility to affordable housing options. Here, you'll find a selection of charming homes priced under $300,000, making it an ideal choice for first-time buyers, young families, and savvy investors alike. From cozy bungalows to quaint townhouses, the properties in this area offer not only affordability but also the potential for growth and appreciation in the thriving Phoenix real estate market.

Living in 85007 means enjoying the best of Phoenix living—close proximity to downtown amenities, parks, and recreational opportunities. Spend your weekends exploring the nearby historical sites, indulging in local dining, or soaking up the sun in one of the many beautiful parks. With easy access to major highways and public transportation, commuting to work or school is a breeze.

Whether you're looking to settle down or invest in a rental property, the 85007 zip code presents a wonderful opportunity to embrace the vibrant lifestyle of Phoenix without breaking the bank. Discover your dream home in this dynamic community today, and experience all that this remarkable area has to offer!

Newest 85007 Homes under $300,000

$289,999

2 Beds ⋅ 2 Baths ⋅ 7073464 MLS ⋅ ACTIVE Status ⋅ 0.13 Acres ⋅ 85007 Zip Code ⋅ 828 SqFt.

Situated along N 7th Ave, this property offers easy access to downtown Phoenix, major freeways and plenty of dining/shopping options. OWNED SOLAR! Freshly painted and ready for it's new owner. All appliances convey with the sale. 4 new windows installed just last year! Newer roof and full fenced lot! Zoned C-1 with residential house on a commercial lot, plenty of potential with this property!

1722 S 7th Avenue, Phoenix

$274,900

2 Beds ⋅ 2 Baths ⋅ 7055892 MLS ⋅ ACTIVE Status ⋅ 0.2 Acres ⋅ 85007 Zip Code ⋅ 910 SqFt.

Single family home was built in 1926 on a 8,700 square foot lot (0.2 acres) in the Oakland subdivision. The home offers 2 bedrooms and 1.5 bathrooms in 910 square feet, with brick construction, an asphalt shingle roof, evaporative cooling, and a covered patio. The interior of the home was updated approximately six years ago. The property is currently leased until 10/31/2026 and produces rental income. rent while pursuing entitlements. Buyer to confirm current development standards, parking requirements, and permitted density with the City of Phoenix Planning and Development Department. Buyer to perform all due diligence.

324 N 18th Avenue, Phoenix

$299,900

11 Beds ⋅ 60 Baths ⋅ 7037076 MLS ⋅ ACTIVE Status ⋅ 85007 Zip Code

Excellent value-add multifamily investment opportunity located in the growing Central Phoenix market. This unique 4-unit property offers strong income potential with major renovation work already completed, making it an ideal opportunity for investors looking to finish the final touches and maximize returns. The property consists of: Front Unit: Spacious 3 Bedroom / 2 Full Bathroom unit with in-unit laundry room Rear Unit 1: 1 Bedroom / 1 Bathroom Rear Unit 2: 2 Bedroom / 1 Bathroom Rear Unit 3: Studio unit Each rear unit has its own private entrance, creating privacy and flexibility for tenants. The majority of the interior renovation work has already been completed. Additional planned upgrades include: Brand new electrical system installation New HVAC systems New ap New hot water heaters Seller plans to complete the remaining improvements prior to closing for an additional negotiated price, providing buyers flexibility to either purchase as-is or receive a near turn-key finished product. The property includes parking for approximately 3 vehicles onsite, along with additional street parking availability. This is a great opportunity for an investor or owner-operator to take over a nearly completed project and add the final cosmetic and operational touches. Estimated total rental income is projected to exceed $4,000 per month once fully stabilized. Conveniently located near Downtown Phoenix, major freeways, employment centers, dining, shopping, and public transportation, this property benefits from strong rental demand and continued area growth. Priced to sell quickly. Excellent opportunity for investors seeking cash flow, appreciation potential, and value-add upside. Buyer to verify all facts, figures, measurements, zoning, permits, and projected rental income.

1220 S 10th Avenue, Phoenix

$229,900

6 Beds ⋅ 3 Baths ⋅ 7036189 MLS ⋅ ACTIVE Status ⋅ 85007 Zip Code

Unique multi-unit opportunity featuring three separate residences on one lot! Front home offers 3 bedrooms and 1 bathroom with spacious living areas, tile flooring and covered front patio. Second unit includes 2 bedrooms and 1 bathroom with functional kitchen and living space. Third unit features 1 bedroom and 1 bathroom, providing flexibility for rental income, extended family or multi-generational living. Convenient location near shopping, dining, schools and freeway access. Great opportunity for investors, multi-generational living or buyers seeking flexible use options with three separate residences situated on one parcel. Buyer to verify all facts, figures, square footage and zoning/use information.

1522 W Taylor Street, Phoenix

$289,999

1 Beds ⋅ 1 Baths ⋅ 7013984 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85007 Zip Code ⋅ 742 SqFt.

Great location!!! Rare Single-Level Townhome with Private Backyard in Historic Central Phoenix. Unique, premium end unit location. Ideally located near the charming Encanto & Palmcroft Historic Districts. This beautifully reimagined mid-century remodel was taken down to the studs and thoughtfully upgraded throughout. Updated fixtures and ceiling fans, Granite countertops, Stainless steel appliances, Security doors for added peace of mind, Plank-style tile flooring, Stackable washer/dryer, Modern cabinetry and hardware, Energy-efficient windows, Faces a greenbelt. Great location near downtown--perfect for enjoying top restaurants, shopping, events, and entertainment all within easy reach.

925 W Mcdowell Road Unit 108, Phoenix

$270,000

2 Beds ⋅ 2 Baths ⋅ 7004026 MLS ⋅ ACTIVE Status ⋅ 0.27 Acres ⋅ 85007 Zip Code ⋅ 1,512 SqFt.

**BACK ON MARKET THROUGH NO FAULT OF SELLER** RARE OPPORTUNITY: The listing includes TWO LARGE PARCELS--926 and 922--sold together, providing expanded potential for redevelopment, additional units, or increased value. Investor Special in the heart of Central Phoenix! This distressed fixer-upper offers incredible upside just minutes from downtown, the baseball stadium, Suns arena, Sky Harbor Airport, and major freeway, making it a prime candidate for Airbnb or rental income. Located in a rapidly growing area with strong demand, this property is perfect for investors or flippers ready to bring their vision to life. Endless possibilities in an unbeatable location, don't miss it!

926 W Cocopah Street, Phoenix

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