Rare Investment Opportunity - Two Charming Homes on One Lot in Downtown Phoenix! Unlock incredible value and future potential with this unique dual-home property located in the heart of Downtown Phoenix's fast-growing urban core! Situated on a single lot, this investment includes two vintage homes built in 1940. 1729 (main house, approx. 1,000 sq ft) & 1731 (guest house, approx. 677 sq ft). Each home offers 2 bedrooms and 1 bathroom, making it ideal for extended family, a guest rental, or a savvy investor looking for passive income.The guest house is currently rented on a month-to-month lease. Separately metered gas, water, and electricity. Prime location near the heart of Downtown Phoenix. Versatile layout for multi-generational living or rental income.
Sold for $360,000
$360,000
1731 E MORELAND Street, Phoenix, AZ 85006
2beds
1baths
1,677sqft
Single Family Residence
Built in 1940
6,736 Square Feet Lot
$368,200 Zestimate®
$215/sqft
$1,760 Estimated rent
Home value
$368,200
$313,000 - $427,000
$1,760/mo
Zestimate® history
Owner options
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$1,760/mo
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$1,760/mo
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$2,074/mo
Est. payment
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$2,074/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listing updated:
Listed by:
Josh Whittemore 602-561-0941,
Citiea
Bought with:
Ari Verma, SA712306000
Fathom Realty
Source: ARMLS,MLS#: 6855432
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Heating
- Electric
Cooling
- Central Air
Features
- High Speed Internet, Eat-in Kitchen, Full Bth Master Bdrm
- Has basement: No
Interior area
- Total structure area: 1,677
- Total interior livable area: 1,677 sqft
Property
Features
- Stories: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
Lot
- Size: 6,736 Square Feet
- Features: Dirt Front, Dirt Back, Gravel/Stone Front, Gravel/Stone Back
Details
- Additional structures: Guest House
- Parcel number: 11615090
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Territorial/Santa Fe
- Property subtype: Single Family Residence
Materials
- Other, Painted
- Roof: Built-Up,Foam
Condition
- Fixer
- Year built: 1940
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Near Bus Stop
- Subdivision: Sunrise Place
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $249,300
- Annual tax amount: $540
- Date on market: 5/7/2025
- Cumulative days on market: 7 days
- Listing terms: Cash,Conventional
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/28/2026 | Listing removed | $1,799$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 1/14/2026 | Listed for rent | $1,799+176.8%$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/29/2025 | Sold | $360,000-6.5%$215/sqft |
Source:  ARMLS #6855432 Report a problem | ||
| 5/14/2025 | Pending sale | $385,000$230/sqft |
Source: ARMLS #6855449 Report a problem | ||
| 5/7/2025 | Listed for sale | $385,000+191.7%$230/sqft |
Source: ARMLS #6855449 Report a problem | ||
| 2/12/2014 | Sold | $132,000-11.9%$79/sqft |
Source: ARMLS #5040003 Report a problem | ||
| 12/8/2013 | Listed for sale | $149,900+79.5%$89/sqft |
Source: Bray Properties LLC #5040034 Report a problem | ||
| 8/13/2011 | Listing removed | $650 |
Source: Rentals.com Report a problem | ||
| 5/26/2011 | Listed for rent | $650 |
Source: Rentbits Report a problem | ||
| 9/20/2000 | Sold | $83,500$50/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $573 +6.2% | $24,930 -5% |
| 2024 | $540 +1% | $26,230 +616.5% |
| 2023 | $535 +3.7% | $3,661 -79% |
| 2022 | $516 -0.4% | $17,410 +31.3% |
| 2021 | $518 +0.2% | $13,260 +19.7% |
| 2020 | $517 +1.7% | $11,080 +18.2% |
| 2019 | $508 | $9,370 +1.2% |
| 2018 | $508 +2.4% | $9,260 +35.6% |
| 2017 | $496 +11.3% | $6,830 +17.8% |
| 2016 | $446 +1.8% | $5,800 +28.3% |
| 2015 | $438 | $4,520 +48.2% |
| 2014 | -- | $3,050 +43.2% |
| 2013 | -- | $2,130 -21.1% |
| 2012 | -- | $2,700 -29.1% |
| 2011 | -- | $3,810 -66.7% |
| 2010 | -- | $11,430 -17.5% |
| 2009 | -- | $13,850 +0.7% |
| 2008 | -- | $13,750 +25.6% |
| 2007 | -- | $10,950 +46% |
| 2006 | -- | $7,500 |
| 2005 | -- | $7,500 +14.5% |
| 2004 | -- | $6,550 |
| 2003 | -- | $6,550 +70.1% |
| 2002 | -- | $3,850 |
Find assessor info on the county website
Neighborhood: Central City
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Nearby schools
GreatSchools rating
- 5/10Thomas A Edison SchoolGrades: PK-8Distance: 0.2 mi
- 2/10North High SchoolGrades: 9-12Distance: 1.5 mi
Schools provided by the listing agent
- Elementary: Thomas A Edison School
- Middle: Thomas A Edison School
- High: Phoenix Union Bioscience High School
- District: Phoenix Elementary District
Source: ARMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value
$368,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$368,200
- Arizona
- Maricopa County
- Phoenix
- 85006
- Central City
- 1731 E MORELAND Street
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Nearby neighborhoods
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