MLS# 7013282 – 1601 Palmcroft Way, Phoenix, AZ 85007

Price: $850,000
Beds: 3
Living Area SqFt: 1,843
Status: Active Under Contract
Property Type: Single Family Residence
Lot Size Acres: 0.24
Lot Size SqFt: 10,326
Year Built: 1921
Neighborhood: Palmcroft
Days on Website: 5

Courtesy of New Nest Group

Property Description

Rare INVESTOR opportunity in the heart of the Encanto Historic District. Built in 1921 and held by the same family for over a century, this property presents a prime value-add opportunity in one of Phoenix’s most desirable historic neighborhoods. **Key improvements include newer electrical, a roof replaced in 2023, and HVAC updated in 2020. Providing a solid foundation for renovation. With strong ARV potential and continued demand for restored historic homes in the area, this property is well-positioned for a profitable flip or long-term hold. Original architectural details remain intact, offering the ability preserve historic charm while adding modern finishes to maximize return.

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Property Details and Features

  • Appliances & Equipment
  • “Washer”
  • “Refrigerator”
  • “Electric Oven”
  • “Electric Cooktop”
  • Bathrooms
  • 2 total bathrooms
  • Bedrooms
  • 3 total bedrooms
  • Building
  • Built in 1921
  • Architectural style: “Bungalow”
  • Living area: 1843
  • Construction materials: “Brick Veneer”, “Painted”, “Brick”
  • Cooling
  • “Central Air”
  • Fence
  • “Block”
  • Fireplaces
  • “Wood Burning”
  • Floors
  • “Wood”
  • “Concrete”
  • Garage
  • 2 spaces
  • Heating
  • “Natural Gas”
  • Home Owner’s Association
  • Association fee includes: “No Fees”
  • Listing
  • Listing ID: 7013282
  • Standard status: Active Under Contract
  • 5 days on market
  • Location
  • Subdivision name: PALMCROFT
  • Lot
  • 0.24 acres
  • 10,326 sqft
  • “Corner Lot”
  • “Desert Back”
  • “Grass Front”
  • “Grass Back”
  • Parking
  • “Detached”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Kenilworth Elementary School
  • High school: Central High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $2,893
  • Lot: 222
  • Windows
  • “Single Pane”

Property Map

$850,000 – 1601 Palmcroft Way, Phoenix, AZ 85007

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This content last updated on April 18, 2026 5:13PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.