85051 Homes under $500,000

Welcome to the vibrant community of Phoenix, Arizona, nestled in the heart of Maricopa County, where the zip code 85051 offers a delightful blend of suburban charm and urban convenience. This area is known for its welcoming atmosphere, making it an ideal place for families, young professionals, and retirees alike.

One of the standout features of the 85051 zip code is the impressive selection of homes available for under $500,000. Here, you’ll discover a variety of housing options, from cozy single-family homes to modern townhouses, all designed to suit diverse lifestyles and budgets. The affordability of these properties makes it an attractive option for first-time homebuyers looking to invest in their future without breaking the bank.

Living in 85051 means you’ll have access to a wealth of amenities. Enjoy the nearby parks, where you can bask in the Arizona sunshine, or explore the local shopping centers that offer everything from boutique stores to major retailers. The area is also well-connected to public transportation, making commuting to downtown Phoenix or other parts of the city a breeze.

In addition to the practical benefits, the neighborhood boasts a strong sense of community, with friendly neighbors and local events that foster connections among residents. Whether you’re looking to enjoy a quiet evening at home or engage in the vibrant local culture, the 85051 zip code has something for everyone. Discover your perfect home today in this thriving Phoenix enclave!

Newest 85051 Homes under $500,000

$149,900

1 Beds ⋅ 1 Baths ⋅ 7095347 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85051 Zip Code ⋅ 760 SqFt.

GREAT INVESTMENT PROPERTY WITH ACCESS TO FREEWAYS AND VERY CLOSE TO SHOPPING CENTER. GROUND LEVEL UNIT WITH MATURE TREES IN THE FRONT. EXIT TO ENCLOSE PATIO FROM LIVING ROOM AND BEDROOM AND ALLM THE APPLINCES ARE INCLUDE.

3119 W Cochise -- Unit 138, Phoenix

$109,900

1 Beds ⋅ 1 Baths ⋅ 7095343 MLS ⋅ ACTIVE Status ⋅ 0.01 Acres ⋅ 85051 Zip Code ⋅ 486 SqFt.

Turn-key, low-maintenance investment or ideal starter condo in a prime Phoenix location--offered at an affordable price point. Perfect for renters or lock-and-leave living. Built in 1984, this property features a strong rental history and consistent lease activity, making it a great opportunity for investors focused on cash flow and long-term appreciation. The HOA is $267/month and covers exterior maintenance, providing added convenience and peace of mind.

3119 W Cochide Drive Unit 208, Phoenix

$399,000

3 Beds ⋅ 2 Baths ⋅ 7094827 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85051 Zip Code ⋅ 1,246 SqFt.

Welcome to your new home in a highly sought-after prime North Phoenix Neighborhood minutes away from everything! This home has 3 bedrooms, 2 bathrooms, and a 2.5 car garage; plenty of room for the entire family! Discover a no expenses spared thoughtfully renovated designer grade interior with NEW white oak cabinets, flooring, quartz countertops, highend appliances, tiled showers, windows, and much more! As you step through the front door, you'll be greeted by the expansive open floor plan, complemented by a beautiful kitchen creating an inviting atmosphere. Step outside to a delightful massive backyard featuring a large covered patio, turf, and maintenance free; perfect for entertaining! Don't miss the opportunity to make this delightful turn key home yours, that offers everything you need

8014 N 42nd Avenue, Phoenix

$354,980

4 Beds ⋅ 2 Baths ⋅ 7094685 MLS ⋅ ACTIVE Status ⋅ 0.18 Acres ⋅ 85051 Zip Code ⋅ 1,903 SqFt.

Welcome to this fantastic real estate opportunity nestled within the peaceful Melrose Shadows community. Built in 1961, this classic ranch-style block home stands as a solid canvas packed with incredible potential for families, first-time buyers, or savvy investors looking for excellent square footage in a prime central location. Boasting a spacious 1,899 square feet of single-level living space, the property sits comfortably on a generous 7,636-square-foot lot that offers plenty of outdoor room to roam, garden, or create your ultimate desert retreat. Best of all, you can enjoy all the benefits of this established neighborhood with absolutely no HOA fees to worry about.

7364 N 39th Avenue, Phoenix

$305,000

2 Beds ⋅ 1 Baths ⋅ 7094300 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85051 Zip Code ⋅ 863 SqFt.

UPDATED CORNER LOT HOME WITH NO HOA! Located in Phoenix, this 2-bedroom home features vaulted ceilings throughout, fresh interior paint & new wood-look flooring. The updated kitchen offers stainless steel appliances & breakfast bar seating, opening to the main living area for everyday living. Both bedrooms feature vaulted ceilings & share a full bath with a shower/tub combo. Indoor laundry & an attached carport add convenience, plus permitted plans to turn the carport into a primary suite. The spacious backyard backs to an alleyway & offers plenty of room to customize with outdoor seating, gardening or additional landscaping. Nearby Hoshoni Park offers a playground & basketball court, with Manzanita Elementary School, shopping, dining & recreation close by, plus easy access to I-17.

3843 W Ruth Avenue, Phoenix

$350,000

5 Beds ⋅ 2 Baths ⋅ 7094141 MLS ⋅ ACTIVE Status ⋅ 0.14 Acres ⋅ 85051 Zip Code ⋅ 1,552 SqFt.

Rare find: 5 bedrooms for $350,000! This single-level block ranch in Phoenix's Alta Vista neighborhood has room for everyone, with 5 bedrooms, 2 full baths and 1,552 sq ft. Tile floors run throughout, ceiling fans are in every room, and there's a family room plus an eat-in kitchen with non-laminate counters. The refrigerator, washer and dryer all stay. The primary suite has its own bath with a tiled walk-in shower. Out back, a covered patio and a block-fenced 6,199 sq ft lot leave plenty of space to make the yard your own. There's also a 2-car covered carport, no HOA, and taxes are only $717 a year. FHA, VA, conventional and cash offers are all welcome. Homes with this many bedrooms at this price don't come along often, so book your tour today!

2706 W Lawrence Lane, Phoenix

3131 W Cochise Drive Unit Unit 148, Phoenix

$145,000

1 Beds ⋅ 1 Baths ⋅ 7093396 MLS ⋅ ACTIVE Status ⋅ 0.02 Acres ⋅ 85051 Zip Code ⋅ 728 SqFt.

Discover comfort and convenience in this charming first-floor 1-bedroom condo, perfectly located near schools, shopping, and everyday essentials. Ideal for anyone seeking a low-maintenance lifestyle, this home offers unbeatable value with AC, heat, water, sewer, and trash all included in the HOA fee; simplifying your monthly budget. Enjoy the ease of single-level living and a cozy layout that's ready for your personal touch. Whether you're a first-time buyer, downsizing, or looking for a lock-and-leave property, this condo delivers affordability and location in one neat package. With most utilities covered and proximity to everything you need, this home is a smart choice for buyers who appreciate practicality and potential.

3131 W Cochise Drive Unit Unit 148, Phoenix

$499,000

3 Beds ⋅ 9 Baths ⋅ 7092738 MLS ⋅ ACTIVE Status ⋅ 85051 Zip Code

Proved to Sell! Excellent opportunity to acquire a fully occupied triplex with established rental income. Each 1 bd/1 bath unit is rented at $1,300/month through government voucher programs, generating $3,900 in gross monthly income, including utilities. Subject to voucher requirements and approval, an incoming owner may have the opportunity to amend leases, making tenants responsible for electricity, with adjusted rents of approx. $1,200/month. Updated in 2019 with granite countertops, tile flooring & stainless steel appliances. Roof coated 10/2022. Staggered lease expirations in May, June & September 2027 provide established occupancy and income from day one. Sold AS-IS with light exterior cosmetic improvements needed. Great investor opportunity! Drive by only until under contract.

2522 W Hayward Avenue, Phoenix

$354,900

3 Beds ⋅ 2 Baths ⋅ 7091327 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85051 Zip Code ⋅ 1,904 SqFt.

Welcome to this beautifully remodeled home! Come see this home quick, it won't last long. This home features brand new flooring, baseboards, ceiling fans, countertops, cabinets, fixtures and more! This home is MOVE IN READY. This location is perfect since it's next to stores, restaurants, castles and coasters and much more.

7230 N 41st Avenue, Phoenix

$375,000

4 Beds ⋅ 2 Baths ⋅ 7090774 MLS ⋅ ACTIVE Status ⋅ 0.15 Acres ⋅ 85051 Zip Code ⋅ 1,532 SqFt.

Fully Remodeled- Kitchen, Flooring, Bathrooms updated 2026- Dual Pane Windows - RV Gate- NO HOA-Updated Plumbing-Solar. Come see this beautiful, fully renovated move in ready home with 4 bedrooms, 2 updated bathrooms, LVT flooring updated 2026. Enjoy a fully renovated kitchen with Stainless Steel Appliances, gas range, quartz counter tops and beautiful espresso cabinetry. Additional bedroom off the great room perfect for guests, office or multigenerational living. Full peace of mind with updated plumbing, A/C (2021), updated air ducts (2026) and energy efficiency with dual pane windows and solar. Low maintenance stone front yard with RV gate in back yard with additional parking and updated roll gate and additional storage space. Close to freeways, restaurants, stores and so much more.

8806 N 28th Drive, Phoenix

$174,000

2 Beds ⋅ 1 Baths ⋅ 7090441 MLS ⋅ ACTIVE Status ⋅ 0.04 Acres ⋅ 85051 Zip Code ⋅ 792 SqFt.

This charming 2-bedroom, 1-bathroom townhome is the one for you! Conveniently located close to restaurants, the highway, and schools! The interior showcases a bright and inviting great room perfect for entertaining and relaxation, with tile flooring, sliding doors to the backyard, and neutral paint that complements any decor style. The kitchen comes equipped with white shaker cabinetry, plenty of counter space, and essential appliances to make home cooking a breeze. You'll love the two spacious bedrooms with walk-in closets for added comfort. Unwind after a long day on the back patio with your favorite drink in hand, and don't forget to visit the community's pool for a refreshing time! Welcome home!

8109 N 32nd Drive, Phoenix

$369,999

3 Beds ⋅ 2 Baths ⋅ 7090095 MLS ⋅ ACTIVE Status ⋅ 0.19 Acres ⋅ 85051 Zip Code ⋅ 1,288 SqFt.

Beautifully updated 3-bedroom, 2-bath single-story Phoenix home on a corner lot with NO HOA, RV gate & RV parking! The interior has been beautifully refreshed with new flooring, new paint throughout, updated ceiling fans and lighting, a newly remodeled kitchen and remodeled bathrooms. The kitchen offers abundant white cabinetry and storage, extensive counter space, oversized island, large stainless-steel sink, stainless appliances and large refrigerator/freezer with water/ice dispenser. Vaulted ceilings add to the open feel. French doors lead to a covered patio and spacious backyard with extended pavers. Mature palm trees, low-maintenance landscaping and a 2-car garage complete this move-in-ready home! Spacious indoor-outdoor living makes this home perfect for entertaining and relaxing!

3159 W Las Palmaritas Drive, Phoenix

Start Your Search

Copyright 2026 Arizona Regional Multiple Listing Service, All rights reserved. The data relating to real estate for sale on this website comes in part from the Arizona Regional Multiple Listing Service. All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Arizona Regional Multiple Listing Service shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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.

85051 Homes under $500,000

Newest 85051 Homes under $500,000

How much is your home worth?

How much is your home worth?