1201 E Griswold Road, Phoenix, AZ 85020

$680,000
7
BD
4
BA

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$680,000
Status
ACTIVE
Days on Market
25
MLS#
7084198
Subtype
Multiple Dwellings
Year Built
1957
Bedrooms
7
Bathrooms
4
Subdivision
Killian Heights

Property Description

TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

Additional Information

Exterior Features
Rain Gutters
Taxes
$1,512
Zoning
R-3
Appliances
Dishwasher, Free-Standing Gas Oven
Heating
Central
Air Conditioning
Ceiling Fan(s)
Exterior Construction
Brick, Painted, Stucco
Parking Features
Carport, RV Access/Parking
Elementary School
Desert View Elementary School
Middle School
Desert View Elementary School
High School
Glendale High School

Courtesy of HomeSmart. 602-230-7600

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.

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks