85007 Homes under $400,000

Welcome to the vibrant heart of Phoenix, Arizona, where the charm of the desert meets the pulse of urban living in the 85007 zip code. Nestled within Maricopa County, this area offers a unique blend of rich history, cultural diversity, and a variety of amenities that cater to all lifestyles.

For those seeking affordable housing options, the 85007 zip code is a hidden gem, with homes available for under $400,000. This makes it an ideal choice for first-time homebuyers, families, or anyone looking to invest in a flourishing community without breaking the bank. Here, you can find a delightful assortment of properties, from charming single-family homes to cozy townhouses, each with its own unique character and potential.

Living in 85007 means embracing the best of Phoenix living. Enjoy proximity to local parks, bustling markets, and a variety of dining options that showcase the rich flavors of the Southwest. The area is also conveniently located near major highways, making commuting a breeze and opening up endless possibilities for weekend adventures.

As you explore the neighborhoods, you’ll discover a welcoming community spirit, with friendly neighbors and local events that bring everyone together. Whether you're strolling through historic districts or enjoying the stunning Arizona sunsets, 85007 offers a lifestyle that’s both affordable and enriching.

Don’t miss out on the opportunity to call this dynamic area home. With its appealing properties and vibrant community, the 85007 zip code is ready to welcome you with open arms!

Newest 85007 Homes under $400,000

$305,000

3 Beds ⋅ 1 Baths ⋅ 7082862 MLS ⋅ ACTIVE Status ⋅ 0.12 Acres ⋅ 85007 Zip Code ⋅ 1,014 SqFt.

Welcome to this beautifully fully remodeled 3-bedroom, 1-bath home, offering modern updates and move-in-ready appeal. The home features brand-new flooring throughout, a completely updated kitchen with new cabinetry and stainless steel appliances, and new fixtures throughout. The remodeled bathroom features a stylish tiled shower and updated finishes. Major improvements include a new roof, new AC unit, and new water heater, providing added peace of mind for years to come. With its extensive renovations and thoughtful updates, this home is ready for its new owner to simply move in and enjoy!

1717 W Pima Street, Phoenix

$360,000

3 Beds ⋅ 3 Baths ⋅ 7078486 MLS ⋅ ACTIVE Status ⋅ 0.12 Acres ⋅ 85007 Zip Code ⋅ 1,656 SqFt.

Discover this charming 2-story home in Phoenix! NO HOA! Featuring 3 beds, 3 baths, a paver driveway, rear-entry 2-car garage, RV gate, and welcoming front porch. Inside, you'll find tons of natural light, a designer palette, tile floors, and plush carpet in the bedrooms. The inviting living area opens into the kitchen and dining area, for a fresh, open feel. The kitchen is equipped with a pantry, wood cabinets, and built-in appliances. The oversized main bedroom includes a private bath and generous walk-in closet. Outside, the spacious backyard offers plenty of open space and potential to create your ideal outdoor retreat. Enjoy a convenient central Phoenix location close to Downtown, shopping, dining, parks & entertainment, and with easy access to I-17 & I-10. Don't miss this opportunity!

945 W Cocopah Street, Phoenix

$320,000

4 Beds ⋅ 2 Baths ⋅ 7077410 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code ⋅ 1,014 SqFt.

Opportunity and flexibility come together in this Phoenix property offering a hard-to-find multi-generational living setup with space to fit a variety of needs. The separate casita creates options for extended family, guests, a home office or potential rental use. The main home features brand-new windows, while the spacious backyard offers a covered patio and storage shed with plenty of room to make the outdoor space your own. Conveniently located near major interstate access with Downtown Phoenix just minutes away, this property delivers space, versatility and location at an approachable price point.

1808 S 18th Avenue, Phoenix

$299,999

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

1513 W Taylor Street Unit A and B, Phoenix

$364,900

2 Beds ⋅ 2 Baths ⋅ 7069355 MLS ⋅ ACTIVE Status ⋅ 85007 Zip Code

Excellent multifamily opportunity in the Oakland Historic District near Downtown Phoenix. This duplex features two 1 bedroom / 1 bathroom units, each offering 525 square feet with hardwood floors and functional living space. Both units include their own washer and dryer on separate sides of the building, providing added convenience for residents. The property is fully fenced with parking inside the fencing and sits on a generous 6,375 square foot lot with a large backyard. Additional property features include individually metered electricity, concrete tilt-up frame construction, and R-5 zoning with county multifamily high-density zoning. Conveniently located near Downtown Phoenix, ASU Downtown, light rail, and area amenities, this property offers strong rental appeal and excellent long term investment potential.

1513 W Taylor Street Unit A and B, Phoenix

$390,000

3 Beds ⋅ 2 Baths ⋅ 7058896 MLS ⋅ ACTIVE Status ⋅ 0.09 Acres ⋅ 85007 Zip Code ⋅ 1,190 SqFt.

SELLER IS OFFERING up to $10,000 concessions with a full-price offer. Beautiful modern custom home, built in 2021 & move-in ready! 3 Bedroom/2 Bathroom with a one-car garage. The master bedroom features a walk-in closet. The kitchen has quartz countertops with floating shelves and a pantry, stainless steel appliances, and a movable island for storage. The living room is wired for a 5.1 sound system with a built-in floating console. The garage has built-in cabinets and overhead storage. The house has wood flooring throughout with tiled bathrooms. The exterior offers a paved driveway and back patio with an RV gate at the front, and a backyard that runs directly through the property. Less than 2 miles to downtown PHX! Must See to Appreciate!

1233 S 15th Drive, 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

$325,000

3 Beds ⋅ 2 Baths ⋅ 7054242 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code ⋅ 1,691 SqFt.

Thoughtfully updated, this 3-bedroom, 2-bath home combines classic character with major recent improvements, including dual-pane windows (2021), HVAC system with updated ductwork (2023), and a water heater (2024). The functional floor plan offers comfortable living spaces, while the low-maintenance turf backyard provides room to relax, entertain, or enjoy outdoor living. Conveniently located just minutes from Downtown Phoenix with easy access to I-10 and I-17, the home offers quick access to dining, entertainment, sporting venues and shopping,

1449 S 11th Avenue, Phoenix

$315,000

1 Beds ⋅ 1 Baths ⋅ 7049951 MLS ⋅ ACTIVE Status ⋅ 0.07 Acres ⋅ 85007 Zip Code ⋅ 719 SqFt.

Don't miss this hidden gem! Located in the heart of downtown Phoenix, you'll be just minutes from top dining, entertainment, and everything the city has to offer. Whether you're enjoying a relaxing night at home or exploring the vibrant neighborhood, this property offers the best of urban living. seller financing available, this is an incredible opportunity you won't want to miss!

809 N 11th Avenue, Phoenix

$334,900

3 Beds ⋅ 1 Baths ⋅ 7046880 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code ⋅ 1,155 SqFt.

1937 FQ Story Charmer with Owned Solar & New 2020 Garage! This c. 1937 jewel box located on the coveted, palm-lined Lynwood St. in the idyllic FQ Story Historic District. This home masterfully blends vintage character with modern peace of mind. Major systems recently overhauled: New water heater ('22), sewer line ('22), roof ('19), and 200 amp panel ('16). Even better, enjoy high-level eco-efficiencies with OWNED 5.04kw solar (installed '20) and dual pane windows throughout. Paver-lined driveway, synthetic lawn, and a charming Saltillo-tiled front porch. Inside, the living room features rich wood laminate flooring and abundant natural light. The revitalized kitchen is equipped with sage green cabinetry, granite counters, emerald subway tile backsplash, and stainless steel appliances. The flexible floor plan offers 3 bedrooms; the 2nd and 3rd rooms connect, creating a perfect setup for a primary suite with an office, nursery, or dressing room. The updated bathroom features a subway-tiled tub surround and mosaic floors. A spacious laundry room doubles as a pantry with ample shelving. Out back, relax under the shaded pergola or utilize the detached garage/structure (built in 2020). With a new slab, rolling RV gate, and alley access, this space is ready for your toys or primed for conversion into a guest house/studio. Located just steps from all the amenities of Downtown Phoenix!

1614 W Lynwood Street, 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

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