Investor's Dream — or Extreme Makeover Project? Step into the Melrose District and meet a 1940 character home with headline-making history and an enormous lot you won't forget. This place has the charm, the trees, and the kind of yard developers and DIY lovers dream about. Out back: a detached 1-car garage and a massive backyard begging for new ideas — think legal ADU, guest suite, studio, or a short-term rental to help offset renovation costs. With this much space, you can renovate the main house and add real income-producing potential. This isn't turnkey, it's opportunity. Structural and system updates required, but the upside is huge for an investor, creative renovator, or owner who wants to build a compound. Sold AS-IS. Come imagine the possibilities This home might need a total rebuild, but hey, that just means you can really make it your own! The good news? A brand-new AC unit and roof! The even better news? With all this land, there's space to build an Accessory Dwelling Unit (ADU)think guest house, rental income, or a spot for your in-laws (so they can visit but not too close). And did we mention? No nosy backyard neighborsit backs up to the Grand Canal, so the only ones watching you are the ducks. This house just needs a little love. Are you ready for the challenge? Come check it out
Near Light Rail Stop, Historic District
North/South Exposure, Corner Lot
Phoenix Union High School District
| Date | Details | Change |
|---|---|---|
| Price Reduced from $585,000 to $555,000 | ||
| Price Reduced from $615,000 to $585,000 |
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Listing information last updated on December 17th, 2025 at 8:04am MST.