About This Home
This 4-bedroom, 4-bathroom single family at 1005 E Moreland Street in Phoenix, AZ is listed for $699,000 ($404 per sqft). Built in 1926, the home offers 1,731 sqft of living space on a 0.15 acres lot.
Key Features
- Built in 1926
- 0.15 acre lot
- Fireplace
Property Details
Amenities
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.
Adding even more value are two separate casitas, both currently rented, offering immediate income potential for an owner looking to help offset their mortgage. The layout also makes the property an excellent option for multigenerational living, extended family, guests, home offices, or a buyer looking for multiple flexible living spaces on one property.
Garfield is one of Downtown Phoenix's most recognizable historic neighborhoods, known for its character, tree-lined streets, unique architecture, and convenient central location. Enjoy quick access to Roosevelt Row, Downtown Phoenix dining and entertainment, sporting events, arts and culture, Banner University Medical Center, major freeways, and Phoenix Sky Harbor International Airport.
Whether you're looking for a historic primary residence with supplemental income, a multigenerational setup, or simply a unique property with flexibility that's increasingly hard to find in Central Phoenix, this home offers a compelling combination of location, updates, and opportunity.
Monthly Cost Estimate
$3,738/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1005 E Moreland Street
Phoenix, AZ 85006
BRILLS ADDITION AMD
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Outdoor Features
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom single family at 1005 E Moreland Street is listed at $699,000 ($404/sqft). The estimated monthly payment is $3,739 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1926, 0.15 acre lot, Fireplace. Interior Features: Non-laminate Counter, High Speed Internet, Eat-in Kitchen. Exterior Features: Storage.
This property is listed by John P Galaviz and can be reached at 6029021490.
