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$699,000
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Property Description
Live in the main home while collecting $2,190/month in rental income from two tenant-occupied guest houses! Located in the heart of the Garfield Historic District, offers historic charm, flexible living and built-in income just minutes from Downtown Phoenix. The main residence features 2 bedrooms & 2 bathrooms with new flooring, new windows, remodeled bathrooms, & fresh interior & exterior paint. Unit 2 rents for $1,295/month with a lease through March 31, 2027, and Unit 3 rents for $895/month with a lease through July 31, 2027. A rare opportunity to enjoy a move-in-ready home while rental income helps offset your monthly housing costs. Ideal for an owner occupant, investor, or anyone looking for additional income potential in one of Downtown Phx's most established historic neighborhoods. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements. For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income. Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.
Full Property Details
Full Property Details for 1005 E Moreland St
General
- Price: $699,000
- Taxes: $906 (2025)
- Status: Active
- Type: Triplex
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 7074894
- Updated: 9/11/2026
- Added to Site: 18 day(s) ago
Interior
- Appliances: Disposal, Refrigerator, Free-Standing Gas Oven, Washer/Dryer, Washer and Dryer Hookups
- Flooring: Laminate, Concrete
Rooms
Bathrooms
- Total Bathrooms: 4
Bedrooms
- Total Bedrooms: 4
Parking
- Parking Features: Off Street, 1 Space/Unit, On Street
Location
- County: Maricopa
- Township: 1N
- Subdivision: BRILLS ADDITION AMD
- Cross Streets: 7Th St & Roosevelt
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Natural Gas
Utilities
- Water: City Franchise
Structural Information
- # Buildings: 3
- Exterior Const.: Wood Frame, Painted, Stucco
- Roof: Composition
- Year Built: 1926
Lot Features
- Lot Dimensions: 130.49 x 48.36
- Frontage: Asphalt
- Zoning: R-3
Financial Considerations
- Tax Amount: $906
- Tax Year: 2025
- Terms: Conventional, 1031 Exchange, FHA, VA Loan
- Owner Pays: Other
Disclosures and Reports
- Legal Description: BRILL E2 W2 LOTS 6 7 8 BLK 12 EX S 20' OF E2 W2 LOT 6
- Property ID: 116-28-046-0
- Range: 3E
- Section: 4
- Lot Number: 6
Listed by eXp Realty
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Schools
Schools serving 1005 E Moreland St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Garfield School 811 North 13th Street, Phoenix, AZ 85006 | PK-8 | 0.5 mi |
North High School 1101 East Thomas Road, Phoenix, AZ 85014 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1005 E Moreland St
Date
Details
Price
Change
Source
9/02/2026
Listed
$699,000
—
MLS
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
Tax History for 1005 E Moreland St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$906
—
$6,376
-84%
2025
$906
16%
$39,570
-2%
2023
$781
4%
$40,200
23%
2022
$752
—
$32,730
26%
2022
$752
—
$26,030
14%
2021
$750
-1%
$22,850
8%
2020
$760
—
$21,060
43%
2019
$760
2%
$14,770
14%
2018
$747
3%
$12,970
28%
2017
$723
3%
$10,100
19%
2016
$703
9%
$8,520
30%
2015
$644
-1%
$6,560
33%
2014
$652
22%
$4,920
48%
2013
$534
—
$3,330
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1005 E Moreland St
1005 E Moreland Street, Phoenix, AZ 85006 (MLS# 7074894) is a Triplex property with 4 bedrooms and 0 full bathrooms. 1005 E Moreland Street is currently listed for $699,000 and was received on September 02, 2026. Want to learn more about 1005 E Moreland Street? Do you have questions about finding other Triplex real estate for sale in Phoenix? You can browse all Phoenix real estate or contact a Coldwell Banker agent to request more information.

