1005 E MORELAND Street Phoenix, AZ 85006
UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Subdivision Brills Addition Amd
MLS Listing ID 7074894
Bedrooms 4
Year Built 1926
Annual Tax Amount $906
Tax Year 2025
Lot Dimensions 130.49x48.36
Source Arizona Regional Multiple Listing Service (ARMLS)
Property Description
A rare opportunity in the heart of the Garfield Historic District, this three-unit property offers flexibility for both investors and owner-occupants. The main 2-bedroom, 2-bath residence is currently vacant and features new flooring, new windows, remodeled bathrooms, and fresh interior and exterior paint. Two additional casita units are currently rented at market rate, providing immediate income from day one.
For an owner-occupant, this setup creates an ideal house hack opportunity. Live in the main home while collecting rent from the two existing units to help offset the monthly mortgage payment. Buyers exploring FHA or other low down payment owner-occupied financing may find this especially compelling, subject to lender and property eligibility requirements.
For investors, the property offers three separate living spaces in one of Central Phoenix's most recognizable historic neighborhoods, with two units already producing income and additional upside through the vacant main residence. The configuration also works well for multigenerational living, extended family, or a combination of personal use and rental income.
Located just minutes from Downtown Phoenix, Roosevelt Row, Banner University Medical Center, dining, entertainment, major employment centers, freeways, and Phoenix Sky Harbor International Airport, this is the type of central infill property that is increasingly difficult to replicate. Historic character, existing rental income, and multiple paths for occupancy make 1005 E Moreland St a standout opportunity for buyers looking to live, invest, or do both.
Location
State AZ
County Maricopa
Community Brills Addition Amd
Area Maricopa
Zoning R-3
Direction From 7th St & Roosevelt St, head east on Roosevelt St. Turn left (north) on 10th St. Turn right (east) on Moreland St. Property will be on the right at 1005 E Moreland St
Interior
Heating Natural Gas
Cooling Central Air, Ceiling Fan(s)
Flooring Concrete
Appliance Disposal, Refrigerator, Free-Standing Gas Oven, Washer/Dryer, W/D Hookup
Exterior
Parking Features Off Street, 1 Space/Unit, On Street
Community Features No Pool
Roof Type Composition
Private Pool No
Building
Sewer Public Sewer
Water City Franchise
New Construction No
Schools
Elementary Schools Garfield School
Middle Schools Garfield School
High Schools Phoenix Union Bioscience High School
School District Phoenix Union High School District
Others
Senior Community No
Tax ID 116-28-046-0
Acceptable Financing Conventional, 1031 Exchange, FHA, VA Loan
Disclosures Seller Prop Disc Stm
Listing Terms Conventional, 1031 Exchange, FHA, VA Loan
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.
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