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$459,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 6 Beds
  • 6 Full Baths
  • 0.14 Acres
  • Updated 1 hour ago
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Vacant investor special and fixer-upper with huge upside! This red brick property offers a rare value-add opportunity near Downtown Phoenix. The main home is set up as a 5 bed / 5 bath layout, ideal for a PadSplit / co-living strategy or a strong rental hold once renovated. There's also an approx. 700 sq ft casita that can be finished and rented separately for additional income. Projected rents are around $1,000 per bedroom in the main house plus ~$1,500/month for the casita, for an estimated $6,500/month total potential. Seller is motivated and is looking for a cash offer with a quick close. Located minutes from Downtown Phoenix with easy access to major freeways, jobs, dining, nightlife, and entertainment.

Full Property Details for 1002 W Polk St

General

  • Price: $459,000
  • Taxes: $590 (2025)
  • Status: Active
  • Type: Single Family
  • Source: ARMLS_Arizona_MLS_Phoenix_Area
  • MLS ID: 6971035
  • Updated: Today (1/19/2026)
  • Added to Site: Today

Interior

  • Interior Features: Full Bth Master Bdrm

Rooms

Bathrooms

  • Total Bathrooms: 12
  • Full Bathrooms: 6
  • Half Bathrooms: 6

Bedrooms

  • Total Bedrooms: 6

Other Rooms

  • Laundry: None

Location

  • County: Maricopa
  • Township: 1N
  • Subdivision: UNIVERSITY ADDITION

Community

  • Assoc. Fees Include: No Fees

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: None

Utilities

  • Water: City Water

Structural Information

  • Builder: na
  • Exterior Const.: Cement Siding, Block
  • Roof: Composition
  • Sq. Ft. Source: Assessor
  • Year Built: 1906

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,250
  • Lot Size Source: Assessor
  • Lot Features: Dirt Front, Dirt Back

Financial Considerations

  • Tax Amount: $590
  • Tax Year: 2025
  • Terms: Cash, FannieMae (HomePath), Conventional, FHA, VA Loan

Disclosures and Reports

  • Ownership: Fee Simple
  • Legal Description: UNIVERSITY
  • Property ID: 111-28-157
  • Range: 3E
  • Section: 6
  • Lot Number: 31

Listed by eXp Realty

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— 1002 W Polk St —

  • eXp Realty

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Be ready to buy your new home!

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1002 W Polk St

School Districts:Phoenix Elementary District, Phoenix Union High School District
NameGradesDistance
Kenilworth Elementary School
1210 North 5th Avenue, Phoenix, AZ 85003
PK-80.7 mi
Central High School
4525 North Central Avenue, Phoenix, AZ 85012
9-123.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1002 W Polk St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/19/2026
Listed
$459,000
129.5%
MLS
6/03/2025
Sold
$200,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1002 W Polk St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$590
6%
$32,100
-3%
2024
$555
1%
$33,080
8%
2023
$550
4%
$30,700
5%
2022
$530
—
$29,270
57%
2022
$530
1%
$18,620
13%
2021
$526
-1%
$16,520
30%
2019
$532
—
$12,710
-5%
2020
$532
2%
$13,320
64%
2018
$522
2%
$8,130
19%
2017
$510
3%
$6,810
12%
2016
$496
8%
$6,060
9%
2015
$459
-2%
$5,560
59%
2014
$469
27%
$3,500
69%
2013
$369
—
$2,070
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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1002 W Polk Street, Phoenix, AZ 85007 (MLS# 6971035) is a Single Family property with 6 bedrooms and 6 full bathrooms. 1002 W Polk Street is currently listed for $459,000 and was received on January 19, 2026. Want to learn more about 1002 W Polk Street? Do you have questions about finding other Single Family real estate for sale in Central City? You can browse all Central City real estate or contact a Coldwell Banker agent to request more information.

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