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$450,000 Just Listed
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Property Description
Prime opportunity in the heart of Downtown Phoenix. This fully remodeled 3-bedroom, 2-bath property sits in the middle of the business district and carries powerful zoning: County C-DT (Commercial Downtown 100%) and City DTC-Central Park (Downtown Code). Live in it, lease it, convert it, or develop it -- the flexibility here is rare. Inside, you'll find upgraded white shaker cabinetry, quartz-style counters, stainless steel appliances, modern fixtures, wood-look tile flooring throughout, and clean contemporary finishes. The open kitchen flows into the living area, creating a functional layout ideal for residential or office use. Outside offers serious usability: extended paver drive, covered carport, detached shade structure, and a large backyard with patio space perfect for additional p
Full Property Details
Full Property Details for 737 S 1st St
General
- Price: $450,000
- Taxes: $602 (2025)
- Status: Active
- Type: Single Family
- Source: ARMLS_Arizona_MLS_Phoenix_Area
- MLS ID: 6987262
- Updated: Today (2/20/2026)
- Added to Site: Today
Interior
- Interior Features: Eat-in Kitchen, 3/4 Bath Master Bdrm
- Appliances: Gas Range
- Flooring: Tile
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: Gas Dryer Hookup, Wshr/Dry HookUp Only
Parking
- Parking Features: Rear Vehicle Entry
Location
- County: Maricopa
- Subdivision: CENTRAL PARK PLACE
- Cross Streets: Lincoln St & 1st St
Community
- Assoc. Fees Include: No Fees
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air, Ceiling Fan(s)
- Heating Type: Electric
Utilities
- Water: City Water
Structural Information
- Builder: Uknown
- Exterior Const.: Stucco, Wood Frame
- Roof: Composition
- Sq. Ft. Source: Assessor
- Year Built: 1991
Lot Features
- Property View: City
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,810
- Lot Size Source: Assessor
- Lot Features: Desert Back, Desert Front, Dirt Back
Financial Considerations
- Tax Amount: $602
- Tax Year: 2025
- Terms: Cash, FannieMae (HomePath), Conventional, VA Loan
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 112-25-024
- Lot Number: .
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Schools
Schools serving 737 S 1st St
School Districts:Phoenix Elementary District, Phoenix Union High School District
| Name | Grades | Distance |
|---|---|---|
Silvestre S Herrera School 1350 South 11th Street, Phoenix, AZ 85034 | PK-8 | 0.8 mi |
Central High School 4525 North Central Avenue, Phoenix, AZ 85012 | 9-12 | 4.3 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 737 S 1st St
Date
Details
Price
Change
Source
2/20/2026
Listed
$450,000
1693.47%
MLS
8/10/1995
Sold
$25,091
—
Public Record
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 737 S 1st St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$602
7%
$26,160
-1%
2024
$564
1%
$26,430
-3%
2023
$559
4%
$27,250
20%
2022
$537
—
$22,760
27%
2022
$537
—
$17,960
36%
2021
$538
-1%
$13,180
13%
2020
$546
—
$11,700
30%
2019
$546
2%
$9,020
-2%
2018
$536
4%
$9,220
30%
2017
$517
3%
$7,080
6%
2016
$502
10%
$6,710
33%
2015
$458
-2%
$5,030
40%
2014
$465
23%
$3,600
43%
2013
$379
—
$2,510
—
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 737 S 1st St
737 S 1st Street, Phoenix, AZ 85004 (MLS# 6987262) is a Single Family property with 3 bedrooms and 2 full bathrooms. 737 S 1st Street is currently listed for $450,000 and was received on February 20, 2026. Want to learn more about 737 S 1st 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.

