Phoenix Homes under $400,000

Welcome to Phoenix, Arizona – a vibrant city that perfectly marries the charm of the Southwest with the conveniences of modern living. Nestled in Maricopa County, Phoenix is renowned for its stunning desert landscapes, year-round sunshine, and a rich tapestry of cultural experiences. With a population that thrives on diversity, this dynamic city offers everything from world-class dining and shopping to outdoor adventures and art galleries.

For those looking to settle in this sun-kissed paradise, you'll be delighted to discover that homes under $400,000 are not only available but also come in a variety of styles and neighborhoods. Whether you’re a first-time homebuyer, a growing family, or seeking a cozy retreat, Phoenix has something to fit your lifestyle and budget.

Explore charming single-family homes with spacious yards in family-friendly communities, or consider contemporary townhomes that boast modern amenities. Many of these homes are conveniently located near excellent schools, parks, and shopping centers, ensuring you have everything you need right at your fingertips.

Moreover, the real estate market in Phoenix is thriving, making it an excellent investment opportunity. With a robust economy and a steady influx of new residents, the demand for housing continues to grow, providing both comfort and potential for appreciation.

Living in Phoenix means embracing a lifestyle filled with outdoor activities, cultural festivals, and a warm community spirit. Don’t miss your chance to find your dream home in this beautiful city, where the sun shines bright and opportunities abound!

Newest Phoenix Homes under $400,000

$365,000

3 Beds ⋅ 2 Baths ⋅ 7101114 MLS ⋅ 1,376 SqFt.

Discover the freedom of single level living on a spacious corner lot with no HOA! This 3 bed, 2 bath Phoenix home offers 1,376 sqft with an eat-in kitchen, and comfortable spaces to make your own. The private backyard and covered patio invite you to enjoy quiet mornings, weekend cookouts, or evenings outdoors, while the RV gate adds flexibility for extra parking and storage. A one-car garage, north/south exposure, and convenient access to nearby shopping, dining, and major roads round out the appeal. The sewer line was repaired in 2023, offering an important maintenance update. Whether you're looking for your first home, a place to simplify, or room to put your own stamp on a property, this home offers a great starting point. Schedule a tour and see the possibilities for yourself!

3056 W Windrose Drive, Phoenix

$350,000

3 Beds ⋅ 2 Baths ⋅ 7101101 MLS ⋅ 980 SqFt.

Home Sweet Home! This charming 3-bedroom, 2-bath home offers city convenience with the warmth of a private retreat. Located in Central Phoenix, approximately half a mile from GateWay Community College and a few miles from ASU, it provides easy access to Loop 202, shopping, dining, and entertainment. Proximity to nearby colleges may also offer rental income potential for buyers interested in student housing. A private street entrance, mature trees, and an inviting front yard create a welcoming setting to unwind while staying close to it all. Buyer to verify rental requirements and restrictions.

425 N 38th Street, Phoenix

$270,000

3 Beds ⋅ 3 Baths ⋅ 7101086 MLS ⋅ 1,296 SqFt.

This is 3 bedrooms 2.5 baths townhouse with 1,296 sq ft also has a storage with covered patio to enjoy BBQ the evenings or weekends with your friends in this gated community. It's located a few minutes from the Grand Canyon University, close to I-17 Freeway, post office and shopping centers.

4637 N 26th Lane, Phoenix

1425 E Desert Cove Avenue E Unit 34, Phoenix

$228,900

2 Beds ⋅ 2 Baths ⋅ 7101081 MLS ⋅ 1,592 SqFt.

THIS IS A VERY CLEAN, WELL MAINTAINED HOME WITH OVER ''1,595'' SQ FT. 'LIVABLE. THIS IS ''NOT'' I REPEAT ''NOT'' A FIX UP PROPERTY, BUT IS PRICED AS ONE AT 'ONLY $228,900' FOR A FAST SALE. IT HAS 2 FULL BATHROOMS, 2 WOOD BURNING FIREPLACES (1 IN THE LIVING ROOM AND 1 IN THE MASTER BEDROOM.. IT ALSO HAS A SPIRAL STAIR CASE TO THE 2 BEDROOMS, EACH HAVING WALK IN CLOSET AND EACH HAVING THEIIR OWN PRIVATE BALCONY WITH VIEWS. iiT ALSO HAS LAUNDRY ROOM WITH BOTH WASHER AND DRYER. INCLUDED.

1425 E Desert Cove Avenue E Unit 34, Phoenix

10410 N Cave Creek Road Unit 1109, Phoenix

$320,000

2 Beds ⋅ 2 Baths ⋅ 7101067 MLS ⋅ 1,082 SqFt.

RARE OPPORTUNITY: 2.99% ASSUMABLE LOAN with approx. $129,666 remaining balance! Open to investors & primary buyers. Resort-style condo in gated Pointe Tapatio! Private, secluded first-floor unit near rear of complex with spectacular North Mountain & greenbelt views. Popular split floor plan, open great room, cozy fireplace & expansive full-length patio. Updates include flooring, paint, quartz counters, painted cabinets & ceiling fans. All appliances including washer/dryer convey! HOA covers water, sewer, trash & basic cable. Enjoy 3 heated pools, spas, tennis, pickleball & basketball courts. Convenient to downtown, airport, shopping, dining, freeways & Biltmore/Scottsdale. 2 dogs under 25 lbs each permitted.

10410 N Cave Creek Road Unit 1109, Phoenix

$176,500

2 Beds ⋅ 2 Baths ⋅ 7101052 MLS ⋅ 810 SqFt.

This UPDATED 2 bd/2 bath condo is your GATEWAY to homeownership~This corner-end-unit has a pick-a-boo view of the pool and features BRAND-NEW refrigerator, range & PLUSH carpeting~Living room, dining and hallway has LVP flooring~Cozy kitchen has GRANITE counters and utility-closet equipped with a NEWER washer and dryer~Whether your looking to secure an AFFORDABLE primary-residence and build equity OR expand your rental-portfolio, this condo is the PERFECT opportunity~With SHORT-TERM rental approval for platforms like Airbnb and VRBO, it could easily be TRANSFORMED into a STRATEGIC income-generating asset~ LOCATION is everything - this property is just minutes away from ASU, Old Town Scottsdale, Tempe, Sky Harbor Airport, and Downtown Phoenix, ensuring CONSISTENT interest from prospective Tenants and CONVENIENT freeway access for commuters~Experience the ease of low-maintenance living in an OUTSTANDING LOCATION that GUARANTEES an EXCEPTIONAL BUY-and-HOLD opportunity~This is your chance to secure LONG-TERM returns, perfect for BOTH FIRST-TIME Buyers and savvy Investors alike~Don't miss out on this unparalleled investment potential!

5146 E Oak Street Unit 209, Phoenix

$339,900

4 Beds ⋅ 3 Baths ⋅ 7100965 MLS ⋅ 1,772 SqFt.

Priced for Immediate Sale! No HOA. Single level floor plan. Excellent Buyer Opportunity! Recent dual pane windows. So much upside and potential after new buyer remodels and updates. Licensed contractor just completed full roof patch with (2) year roof cert, replaced all smoke detectors, and added doorbell button. Main floor plan features 4 bedrooms 2 baths plus add-on bonus rooms and 3rd bath. Large 2 car garage with rear service door entry and oversize corner lot with (2) backyard gates. Utilities: APS electric, PHX water, SWGas. Submit all cash or hard money offers now for Seller review and approval. If buyer elects to secure new conventional financing, buyers lender must provide written proof no lender required appraisal repairs, if any, will be required prior to closing.

3824 W Shangri La Road, Phoenix

18026 N Cave Creek Road Unit 104, Phoenix

$53,200

2 Beds ⋅ 2 Baths ⋅ 7100940 MLS ⋅ 980 SqFt.

Financing Available! This 2-bedroom, 2-bath property in Paradise North Mobile Home Park welcomes you with an attached carport and an inviting porch for morning coffee or refreshing drinks. Inside, you'll find an appealing open layout with vaulted ceilings, a warm palette, blinds, and wood-look flooring. The well-appointed kitchen comes with wood shaker cabinets, quartz counters, built-in appliances, and a center island with a breakfast bar. The main bedroom includes carpeting, a private bathroom, and a convenient walk-in closet. Outside, you'll find a screened patio with pristine artificial turf and a shed that provides additional storage. Don't miss out on this one!

18026 N Cave Creek Road Unit 104, Phoenix

$349,000

3 Beds ⋅ 2 Baths ⋅ 7100913 MLS ⋅ 1,832 SqFt.

Oh boy does this nice home have lots to offer! New roof replaced June 2026. All windows replaced with dual pane/screens by Anderson 2015. Kinetico water system 2015. Gas water heater 2022. Trane HVAC 2014. Solar 2014. Nice spacious 1,832 sf split 3 bed/2 bath, floor plan. Fridge, washer and dryer are included. Enclosed screened patio. Easy to maintain front and back yard. NO HOA! Located in a Cul de sac. Conveniently located near shopping, cafes, restaurants, schools, parks, freeways.

14407 N 35th Drive, Phoenix

$289,000

3 Beds ⋅ 2 Baths ⋅ 7100855 MLS ⋅ 1,180 SqFt.

Located in the heart of Phoenix, and near the coming soon ''Metropolitan'' (The landmark Metrocenter revitalization project,) this charming home is ready to be made your own or would make for a great investment property! This home has great curb appeal and is filled with potential! Features include the following: No HOA, 3 bedrooms and 2 full baths, a spacious living room, separate dining area that opens to the kitchen with a breakfast bar. A perfect area for family gatherings! Tons of room in the backyard to create your dream space. Covered parking and an outside storage shed, as well as a large inside laundry room with room for a pantry and extra storage! All appliances included. This home was loved by the owner since 1958 and hope the next family enjoys it as much as they did. Located just minutes from the I-17 freeway, near the light rail, shopping, schools, dining, entertainment and only 15 miles to Sky Harbor Airport.

8836 N 28th Avenue, Phoenix

$360,000

3 Beds ⋅ 2 Baths ⋅ 7100839 MLS ⋅ 1,128 SqFt.

Welcome to this beautifully remodeled 3-bed, 2-bath home, where modern updates and comfort come together! This move-in-ready property has been thoughtfully renovated throughout, featuring an updated kitchen and bathrooms, new flooring, fresh interior and exterior paint, and new stucco for a clean, refreshed look. Additional upgrades include updated plumbing, new switches and outlets, LED lighting throughout, a new water heater, and energy-efficient dual-pane windows. The front yard has been finished with low-maintenance gravel landscaping, offering great curb appeal with minimal upkeep. With so many major improvements already completed, this home is ready for its next owner to move in and enjoy. Don't miss the opportunity to make this beautifully remodeled home yours!

1134 N 60th Drive, Phoenix

$390,000

3 Beds ⋅ 2 Baths ⋅ 7100826 MLS ⋅ 1,553 SqFt.

Fantastic opportunity to own this charming single-level home in Turtle Creek! It offers 3 beds, 2 baths, a 2-car garage, and a mature landscape. The inviting interior showcases abundant natural light, a neutral palette, tile & wood-look flooring t/out, and vaulted ceilings that add to the airy feel. Designed for everyday living & entertaining, you'll love the seamlessly flowing living and dining room! The kitchen boasts SS appliances, ample wood cabinetry, and a serving window w/breakfast bar. Enter the main bedroom to find sliding doors to the back and an ensuite with dual sinks, separate tub/shower, & a walk-in closet. Out back, you have a lush lawn and a covered patio to relax or enjoy a BBQ. Just minutes away from schools, shopping, dining options, parks, and highways. Make this yours!

601 W Beverly Lane, Phoenix

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Phoenix Homes under $400,000

Newest Phoenix Homes under $400,000

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