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
Pending
$450,000
737 S 1st Street, Phoenix, AZ 85004
3beds
1,200sqft
Single Family Residence
Built in 1991
6,810 Square Feet Lot
$-- Zestimate®
$375/sqft
$-- HOA
What's special
- 100 days |
- 9 |
- 0 |
Zillow last checked:
Listing updated:
Listed by:
Jose G Reyes 602-290-4747,
HomeSmart
Source: ARMLS,MLS#: 6987262
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Central Air, Ceiling Fan(s)
Appliances
- Included: Gas Range
- Laundry: Gas Dryer Hookup
Features
- Eat-in Kitchen, 3/4 Bath Master Bdrm
- Flooring: Tile
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,200
- Total interior livable area: 1,200 sqft
Property
Parking
- Total spaces: 3
- Parking features: Rear Vehicle Entry
- Uncovered spaces: 3
Features
- Stories: 1
- Spa features: None
- Fencing: Perimeter
- Has view: Yes
- View description: City
Lot
- Size: 6,810 Square Feet
- Features: Desert Back, Desert Front, Dirt Back
Details
- Parcel number: 11225024
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco, Wood Frame
- Roof: Composition
Condition
- Year built: 1991
Utilities & green energy
- Sewer: Public Sewer
- Water: City Water
Community & HOA
Community
- Features: Near Light Rail Stop
- Subdivision: CENTRAL PARK PLACE
HOA
- Has HOA: No
- Services included: No Fees
Location
- Region: Phoenix
Financial & listing details
- Price per square foot: $375/sqft
- Tax assessed value: $264,300
- Annual tax amount: $602
- Date on market: 3/27/2026
- Cumulative days on market: 99 days
- Listing terms: Cash,FannieMae (HomePath),Conventional,VA Loan
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 2/23/2026 | Pending sale | $450,000$375/sqft |
Source:  ARMLS #6987262 Report a problem | ||
| 2/20/2026 | Listed for sale | $450,000+1693.5%$375/sqft |
Source: ARMLS #6987262 Report a problem | ||
| 8/10/1995 | Sold | $25,091$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $602 +6.7% | $26,430 -3% |
| 2024 | $564 +1% | $27,250 +531.2% |
| 2023 | $559 +4% | $4,317 -76% |
| 2022 | $537 -1.5% | $17,960 +36.3% |
| 2021 | $546 0% | $13,180 +12.6% |
| 2020 | $546 +1.8% | $11,700 +29.7% |
| 2019 | $536 | $9,020 -2.2% |
| 2018 | $536 +3.7% | $9,220 +30.2% |
| 2017 | $517 +12.9% | $7,080 +5.5% |
| 2016 | $458 -1.7% | $6,710 +33.4% |
| 2015 | $465 | $5,030 +39.7% |
| 2014 | -- | $3,600 +43.4% |
| 2013 | -- | $2,510 |
| 2012 | -- | $2,510 -24.6% |
| 2011 | -- | $3,330 -55.2% |
| 2010 | -- | $7,430 -49.3% |
| 2009 | -- | $14,650 +11.4% |
| 2008 | -- | $13,150 +28.3% |
| 2007 | -- | $10,250 +32.3% |
| 2006 | -- | $7,750 |
| 2005 | -- | $7,750 +19.2% |
| 2004 | -- | $6,500 |
| 2003 | -- | $6,500 +14% |
| 2002 | -- | $5,700 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Central City
Nearby schools
GreatSchools rating
- 5/10Silvestre S Herrera SchoolGrades: PK-8Distance: 0.8 mi
- 3/10Central High SchoolGrades: 9-12Distance: 4.3 mi
Schools provided by the listing agent
- Elementary: Lowell Elementary School
- Middle: Phoenix #1 iAcademy
- 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.
A local agent can set up tours, give advice and negotiate with sellers.
- Arizona
- Maricopa County
- Phoenix
- 85004
- Central City
- 737 S 1st Street
Nearby cities
Nearby neighborhoods
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