About This Home

This 7-bedroom, 4-bathroom single family at 1201 E GRISWOLD Road in Phoenix, AZ is listed for $680,000 ($558 per sqft). Built in 1957, the home offers 1,218 sqft of living space on a 0.16 acres lot.

Key Features

  • Built in 1957
  • 0.16 acre lot

Property Details

1 story
4 full
1957

Amenities

A/C
Listing Description

TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity.

The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute.

The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer.

Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

Monthly Cost Estimate

$3,637/mo

20% down · 6.5% · 30 years

Principal$492
Interest$2,947
Insurance$198

Estimates only. Actual payments may vary.

Location

1201 E GRISWOLD Road

Phoenix, AZ 85020

KILLIAN HEIGHTS

Features & Amenities

Interior Features

Granite CountersKitchen Island3/4 Bath Master Bdrm

Property Details

Flooring

Tile

Construction

Stucco Brick

Heating

Heat Pump (Heating)Electric (Heating)

Cooling

Central AirHeat Pump

Appliances

DryerWasherRefrigeratorDishwasherGas RangeGas Oven

Questions & Answers

This 7-bedroom, 4-bathroom single family at 1201 E GRISWOLD Road is listed at $680,000 ($558/sqft). The estimated monthly payment is $3,636 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1957, 0.16 acre lot. Interior Features: Granite Counters, Kitchen Island, 3/4 Bath Master Bdrm.

This property is listed by Alejandra Mena and can be reached at 6022777777.

AM

Alejandra Mena

Agent at HomeSmart

(602) 277-7777
Agent website

Listed by HomeSmart · Broker phone: (602) 230-7600 · View on Broker Site · Broker website

MLS# 7073860· Source: Arizona Regional Multiple Listing Service, Inc.· 24 days on PropertySimple

Copyright © 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1201 E GRISWOLD Road, Phoenix, AZ 85020

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