85007 Homes under $500,000

Welcome to the vibrant zip code 85007, nestled in the heart of Phoenix, Arizona, within the bustling Maricopa County. This dynamic area is a treasure trove of opportunities for homebuyers, especially those seeking charming residences under $500,000.

The 85007 zip code boasts a rich blend of history and modernity, with its roots dating back to the early 1900s. As you stroll through the neighborhoods, you’ll discover a delightful mix of architectural styles, from classic bungalows to contemporary builds, each with its unique character. The community is known for its friendly atmosphere, making it an ideal place for families, young professionals, and retirees alike.

Living in 85007 means you’re never far from the action. The area is conveniently located near downtown Phoenix, offering a plethora of dining, shopping, and entertainment options. Enjoy the vibrant arts scene, explore local parks, or take a leisurely walk along the scenic canals that wind through the city.

For those looking for affordability without compromising on quality, homes in this zip code under $500,000 provide an excellent opportunity. Whether you’re searching for a cozy starter home or a spacious abode, the real estate market here is filled with options that cater to diverse tastes and budgets.

With its strategic location, rich cultural heritage, and a welcoming community, 85007 is not just a place to live; it’s a place to thrive. Discover your dream home in this enchanting part of Phoenix today!

Newest 85007 Homes under $500,000

$450,000

3 Beds ⋅ 2 Baths ⋅ 7091994 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85007 Zip Code

Back on Market! PRICED TO SELL! This one's an OPPORTUNITY! First-time Home Buyers & Investors. You won't believe this Historic two-story 3BD 2BA English Tudor, Brick Charmer located on a large (Multi-family-zoned) Lot in the coveted FQ Story Historic District across from the Grand Ave Arts District & walking distance to Roosevelt Row, Light Rail, ASU downtown campus, Boutique restaurants, cafes & coffee shops & world-class dining & entertainment. Newer AC, new windows & countless other upgrades. Amazing Current, favorable R-5 **multifamily zoning!** small business OK also! & Room to build 4 more units! All this & it's Priced to Sell! Conveniently located near downtown Phoenix on Roosevelt Row.

1326 W Roosevelt Street, Phoenix

$449,000

3 Beds ⋅ 2 Baths ⋅ 7091960 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code

Charming brick bungalow in historic East Oakland, minutes from downtown Phoenix! A covered front porch opens to a bright, open floor plan with original hardwood floors and a decorative arched fireplace. The updated kitchen boasts gray shaker cabinets, marble-look counters, stainless appliances, and an island with gas range. The primary suite includes a private bath with glass shower. Out back, a separate guest house offers its own entrance, kitchen, living area, bedroom, bath, and mini-split, ideal for guests, a home office, or potential rental income. Enjoy a low-maintenance yard with synthetic turf, paver patio, shade trees, and long covered patio. Solar, gated RV parking, and no HOA! 1041 sq ft main house, 760 sq ft addition with approx 200 sq ft unfinished space.

1626 W Taylor Street, Phoenix

$199,999

3 Beds ⋅ 2 Baths ⋅ 7090517 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85007 Zip Code

Great opportunity for investors or buyers looking for a project, this 3-bedroom, 1.5-bath fixer-upper in Phoenix, AZ, offers plenty of potential to renovate and make it your own. The home features a functional layout with spacious living areas and well-sized bedrooms, providing a solid starting point for your vision. A 2-car garage adds convenient parking and storage space. With the right updates, this property has the potential to become a comfortable home or investment. Bring your ideas and explore the possibilities this Phoenix property has to offer.

1138 W Apache Street, Phoenix

$324,900

2 Beds ⋅ 1 Baths ⋅ 7088900 MLS ⋅ ACTIVE Status ⋅ 0.05 Acres ⋅ 85007 Zip Code

MOVE-IN READY, 2 BEDROOM, 1 BATH HOME BUILT IN 2003. GATED FRONT YARD WITH 1-CAR CARPORT. STAINLESS STEEL APPLIANCES & RAISED PANEL CABINETRY. TILE FLOORING & NEWER CARPET. DUAL PANE WINDOWS. INDOOR, STACKABLE LAUNDRY CLOSET WITH TANKLESS WATER HEATER. LOCATED IN THE ROOSEVELT TRIANGLE AREA WHICH FEATURES A UNIQUE MIX OF HISTORIC EARLY-20TH-CENTURY BUNGALOWS, MODERN MULTI-STORY INFILL DEVELOPMENTS AND VIBRANT STREET MURALS. SITS ADJACENT TO THE BUSTLING ROOSEVELT ROW ARTS DISTRICT, OFFERING WALKABLE ACCESS TO INDEPENDENT LOCAL BUSINESSES, COFFEE SHOPS, AND GALLERIES.

812 W Mckinley Street, Phoenix

$479,900

3 Beds ⋅ 2 Baths ⋅ 7085827 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 85007 Zip Code

Light and Bright Historic Chic Charm of a 1930's Spanish Revival on a lot across from the quiet section of Encanto Park next to Palmcroft in Fairview, you get two homes under one roof w/separate entrances and separate newer A/C's. Plus a 18x24 separate Carport structure with convenient alley access. Seller is 2nd owner of 25 years and hopes you'll be the third to invest in and enjoy this friendly neighborhood near Downtown Phoenix flanked between Palmcroft and the Arizona Fairgrounds.

1702 N 15th Avenue, Phoenix

$475,000

2 Beds ⋅ 1 Baths ⋅ 7085101 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85007 Zip Code ⋅ 844 SqFt.

Located in the F.Q. Story Historic District, this beautifully maintained 2-bedroom, 1-bath Spanish Colonial offers authentic architectural character at an attractive price. Original hardwood floors, coved ceilings, fireplace, original doors, charming niches, and bathroom penny tile preserve the home's historic appeal. The kitchen features a vintage gas stove and retro-style refrigerator. Major improvements include a NEW HVAC system with new ductwork, a NEW electrical panel, grounded outlets, and NEWER windows. A spacious backyard and detached one-car garage offer potential for a guest house or garage conversion. Enjoy historic neighborhood living just minutes from downtown Phoenix.

1517 W Willetta Street, Phoenix

$460,000

2 Beds ⋅ 1 Baths ⋅ 7084572 MLS ⋅ ACTIVE Status ⋅ 0.17 Acres ⋅ 85007 Zip Code

Built in 1936, this charming brick Tudor blends timeless character with thoughtful updates in historic Fairview Place. Original wood floors and doors preserve the home's warmth and craftsmanship, while updates to the kitchen, subway tile bath, roof, HVAC, and electrical provide modern comfort. The generous lot features a spacious backyard with room to relax, entertain, or create your own outdoor retreat, plus smart irrigation, an expansive driveway, and electronic side gate for added convenience and parking. Just steps from Encanto Park and Encanto golf courses, putting some of Central Phoenix's best recreation right outside your door. Enjoy easy access to Downtown Phoenix, Roosevelt Row, dining, entertainment, and major freeways. A rare opportunity to own a piece of Central Phoenix.

1714 N 15th Avenue, Phoenix

$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

$310,000

4 Beds ⋅ 2 Baths ⋅ 7077410 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code

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

$499,000

4 Beds ⋅ 2 Baths ⋅ 7076218 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85007 Zip Code

SELLER OFFERING UP TO $12,000 IN CONCESSIONS toward buyer closing costs and/or an interest-rate buydown with an acceptable offer! Be at the center of it all in this crisp 1930 Spanish/Southwestern-style home just minutes from Downtown Phoenix. Offering 4 bed/2 bath and nearly 1,700sf, this move-in-ready residence blends historic charm with modern updates. 2025 improvements include luxury vinyl flooring, 2 remodeled baths, energy-efficient windows, granite countertops & a charming fireplace. Enjoy a private backyard pickleball court that doubles as an incredible entertaining patio, plus a covered front porch with skyline & sparkling city-light views. Walk to Grand Avenue First Fridays, restaurants, breweries, coffee shops, nightlife & entertainment. ADU plans may convey. Come see it today!

512 N 9th Avenue, Phoenix

$485,000

3 Beds ⋅ 1 Baths ⋅ 7075040 MLS ⋅ ACTIVE Status ⋅ 0.16 Acres ⋅ 85007 Zip Code

Historic red brick charm meets modern living in Phoenix's F.Q. Story Historic District! **NO HOA, potential historic property tax savings, and seller willing to help with buyer closing costs or an interest rate buy-down with an acceptable offer.** Built in 1936, this distinctive home blends timeless architectural details, including original hardwood floors, three sweeping archways, and custom wood shutters throughout, with thoughtful updates designed for today's lifestyle. The beautifully remodeled 2022 kitchen features a gas range, updated cabinetry, and contemporary finishes. A spa-inspired bathroom offers a Jacuzzi tub, dual showerheads, and a smart bidet, while a redesigned laundry room with butcher block counters adds everyday functionality. Modern conveniences include a tankless water heater, smart thermostat, and high-speed fiber internet. Beyond the brick walls, discover a private backyard retreat on a 7,000+ sq ft lot. Blooming roses, vibrant bougainvillea, and vine-covered fencing create a peaceful, secluded setting, complemented by mature citrus trees producing six different varieties of fruit. All just minutes from Downtown Phoenix, Roosevelt Row, and Encanto Park. A distinctive piece of Phoenix history with the modern comforts of today.

1530 W Culver Street, Phoenix

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