Central City Homes under $500,000

Welcome home to this stunning single-level, 2 bedroom, 2 bathroom penthouse in the highly sought-after Artisan Lofts. One of the premier view units, this residence features an oversized private patio with breathtaking views of Camelback Mountain, offering a rare blend of modern design and timeless character. Inside, you are welcomed by custom polished concrete floors, soaring ceilings, and an

Adam Bailey RETSY

Look NO further! Fall in love with this fully remodeled 4-bedroom home offering a desirable North/South exposure. Freshly painted interior features an inviting great room graced with abundant natural light, neutral tone, and ceiling fans throughout. Renewed kitchen comes with stainless steel appliances, crisp white cabinets, sleek quartz counters, and recessed lighting that brightens every

Rodolfo Franco HomeSmart

Welcome to 1748 E Monte Vista Road, a versatile property on an oversized lot, designed for both comfortable living and smart investment. This home features a private detached casita, perfect for generating rental income, hosting Airbnb guests, or creating a seamless multi generational living setup. The main residence offers inviting living spaces filled with natural light, while the casita

Mason Weiss Barrett Real Estate

Welcome home to this move in ready 4 bedroom residence plus an Arizona room with NO HOA, nestled in a family friendly Phoenix neighborhood. A desirable split floor plan and flexible living spaces make it ideal for everyday family living. Enjoy pristine manicured landscaping with low maintenance turf, a covered patio perfect for relaxing or entertaining, and a spacious storage shed. Located

Kathryn Palomino West USA Realty

Experience modern living in this brand-new home with no HOA near Downtown Phoenix and the I-17. This 4-bedroom, 2.5-bath residence offers 1,692 sq ft of thoughtfully designed space with a rare half bath—ideal for guests and everyday comfort. The sleek modern design features warm natural tones with bold black accents for a high-end feel. Open, functional floor plan in a prime location close to

Marcus De La Garza HomeSmart

A property that offers more than just a place to live, it creates tremendous opportunity from the start. Set in a highly accessible central Phoenix location, this home features multiple living spaces designed for flexibility + long-term value. The main residence offers 3 bedrooms, 2 bathrooms and ~1,360 sq ft, plus a separate studio around 320 sq ft. An attached casita in the backyard features 1

Jeffry Klein Keller Williams Arizona Realty

Great for Airbnb or long term rental income. This is the best value in Central Phoenix. Welcome to a true Mid Century Gem in the Vel Ru neighborhood. A blend of timeless charm with modern updates, this centrally located property offers comfort. style and convenience all in one. Minutes from airport and Downtown. Each unit features two spacious bedrooms with abundant natural light and closet

Wayne Beneteau HomeSmart

Income-producing property in central Phoenix featuring a 744 SF 2BR/1BA single-family home plus two attached 322 SF studio apartments, all on one parcel. Units are occupied, delivering steady in-place cash flow. Owner's financials reflect a 6.17% cap rate at the list price based on existing rents and expenses. Both studios include kitchenettes and share an attached laundry room. Situated on a

Lianne Russo Liddell Realty ONE Group

This rare property is perfect for residential or investor buyers. Just minutes from Sky Harbor Airport, The MMC-Phoenix Suns Arena, Chase Field, the Celebrity Theater, Phoenix Children's Hospital, Phoenix Convention Center, Downtown Phoenix, across the street from Valleywise Hospital, a perfect place to live or invest. The main house is a 2-br, 1-bath with a separate dining area and a fireplace,

Ronald Walker Avenue Home Realty

Multi-Unit Investment Opportunity in Central Phoenix!Discover this rare opportunity to own two adjacent properties—1809 & 1813 W Sherman St—sold together as one package. The combined lots feature three separate buildings totaling three units, including two single-family homes and one studio. Each unit offers unique potential for rental income, multi-generational living, or redevelopment in a

Jose Esquivel Real Broker

Charming Phoenix home with upgrades, a huge backyard, and unbeatable location! Featuring 3 spacious bedrooms, 2 bathrooms, bonus flex space, and 1,921 sq. ft. of move-in-ready comfort. Modern dual-pane windows and stylish renovations blend function and character. The grassy backyard is perfect for entertaining, play, or adding a pool. Detached carport includes a large storage/workroom great for

Melissa Alvarado LPT Realty, LLC

This remodeled property offers a unique and versatile living arrangement. The main residence is an updated 2-bedroom, 2-bathroom home. The remodel includes an updated kitchen, featuring brand new cabinets, countertops, and stylish backsplash with an open concept floor plan. Additionally, this property includes a fully remodeled 1-bedroom, 1-bathroom guest house, and updated sewer line. Designed

Jennifer Schumacher Russ Lyon Sotheby's International Realty

A beautifully remodeled gem in the heart of central Phoenix—perfect for living or investing.This 2-bed, 1-bath timeless home is a successful AirBnB and an ideal starter or income property. Move right in with refrigerator, washer, and dryer included, and enjoy a classic layout filled with charm. Step outside to a sparkling diving pool and a spacious backyard with a large paver patio, perfect

George Laughton My Home Group Real Estate

Move-in ready and fully renovated with NO HOA! Just off the 51 Freeway, less than a mile from Phoenix Children's and 3 miles from Sky Harbor. Main home offers 4 bedrooms, 3 baths, 2 living areas, and 2 primary suites—one with its own private entrance. Updates include new flooring, paint, plumbing, $7K electrical upgrade, owned solar, new washer/dryer, and pantry. Backyard features a detached

Matthew Potter Real Broker

Now priced lower than the most recent sale in the community and beautifully upgraded throughout! Experience the energy of Central Phoenix in this modern, two-story loft offering both style and functionality. The open-concept main level features soaring ceilings, concrete floors, and flexible living space—perfect for entertaining, working from home, or relaxing. The kitchen is equipped with sleek

Kristi Hinkle MCO Realty

Sleek Modern Living Near Downtown!Welcome to this newly built two-story residence designed with contemporary finishes and clean lines. this home has an inviting great room with abundant natural light, wood-look flooring, and a fresh, neutral palette. The chef's kitchen is equipped with quartz countertops, custom cabinetry, stainless steel appliances, recessed lighting, and a large peninsula

Rosicella Joplin Joplin Realty

Great investment opportunity in East Phoenix near 26th St & McDowell! This fully occupied triplex features three 1-bedroom, 1-bath units, each with its own kitchen, living room, and functional floor plan. All units are currently rented, providing immediate income potential for investors. Property offers dedicated parking with space for two vehicles per unit and easy access to major roads,

Olinda Vargas eXp Realty

In the heart of Central Phoenix, this charming 3bd, 2ba home offers warmth, comfort, and a backyard made to enjoy. Inside, the inviting layout features granite countertops, an eat-in kitchen plusformal dining room, and a spacious master bedroom with ensuite bath.The backyard has been thoughtfully transformed into a lush gathering space with real grass, automated sprinklers + drip system, and

Jordan Page Real Broker

Opportunity Time! This Brand New Construction Home is at Pre Drywall Stage, and ready for New Owner to take over the project and the potential gains! 2074 Sq Ft, 4 Bed, 3 Bath home steps away from Phoenix Children's Hospital. Seller has bid from Contractor to finish project for $150k plus 25k in Landscaping/Fencing. New Comps in the area are selling for 700k. As you can tell, there is room to

Scott Marlow eXp Realty

Discover this beautifully renovated 3-bedroom home, featuring stylish wood-look tile throughout and upgraded kitchen and bathrooms. The open layout offers modern finishes and comfortable living spaces, with washer/dryer hookups for convenience. Step outside to enjoy the expansive backyard, perfect for entertaining, and take advantage of the large detached bonus room, ideal for a home office, gym,

John Fagundes AZREAPM

You are in the heart one of the hottest and fastest growing cities in America. What greater opportunity than to own a business or multi-family housing in a commercially zoned property just blocks away from the Phoenix Suns and the Arizona Diamondbacks home turfs. Not only that, but concerts and other sporting events nearly everyday. With restaurants, bars, manufacturing and warehouses all

Michael Black Realty USA Southwest

ALL NEW KITCHEN, SINK, STOVE/OVEN, MICROWAVE, REFRIGERATOR, CABINETS AND COUNTER TOPS, KITCHEN ISLAND, BATHROOMS, WINDOWS, DOORS, FLOORING, CEILING, LIGHTING, PLUMBING, INSULATION, LANDSCAPE IN FRONT, DRIVEWAY AND WALKWAY-NEW PAVERS, WATER HEATER, WOODEN PATIO WITH RAILS OUT BACK, AND MANY DETAILS.

Ken Lamb Ken Lamb & Associates