Capitol Addition Homes under $900,000

Welcome to Capitol Addition, a charming subdivision nestled in the heart of Phoenix, Arizona. This vibrant community is known for its welcoming atmosphere, diverse architectural styles, and proximity to the bustling urban amenities that make Phoenix a desirable place to call home. With a rich blend of history and modern living, Capitol Addition offers residents a unique lifestyle that combines comfort with convenience.

One of the standout features of Capitol Addition is its impressive selection of homes priced under $900,000. Whether you're a first-time homebuyer, a growing family, or looking to downsize, you'll find a variety of options that cater to your needs. From cozy bungalows to spacious family homes, the properties in this subdivision boast inviting layouts, well-maintained yards, and easy access to local parks and recreational facilities.

Living in Capitol Addition means you’re just a short drive away from downtown Phoenix, where you can explore an array of dining, shopping, and entertainment options. The area is also known for its excellent schools and family-friendly environment, making it a fantastic choice for families looking to settle down.

With its affordable housing market, friendly neighbors, and a strong sense of community, Capitol Addition is more than just a place to live; it’s a place to thrive. Discover the charm of this delightful subdivision and find your perfect home under $900,000 in this beautiful corner of Phoenix!

Newest Capitol Addition Homes under $900,000

$389,900

3 Beds ⋅ 2 Baths ⋅ 7086126 MLS ⋅ 1,340 SqFt.

Welcome to this lovely light and bright home located close downtown phoenix, easy access to the I-17. This home boasts 3 bedroom, 2 baths with a 2 car garage that could also be transformed into a ADU, either for added income or more space for the family. This home has been painted inside and out, freshly laid vinyl flooring throughout, water heater installed in 2026. Stop by and take a look at your new home

2110 W Washington Street, Phoenix

$499,000

6 Beds ⋅ 3 Baths ⋅ 7085899 MLS

Fully occupied tri-plex located near downtown Phoenix with stable tenants and great cash flow ($3400 per month)! The property consists of three 2 bedroom, 1 bathroom units; 2 of the units have been remodeled. Other updates/upgrades include: new roof (2022), new backyard fencing, new water heater and new windows for unit 2015; new electrical panel for unit 2013. The 3 units are located on a spacious 14,000 square foot lot with a gated yard for each unit. Tenants pay for electric; owner pays for water and trash. Property is a corner lot located near the state capitol with easy access to both I-10 and I-17. Come check out this great, cenrally located, income producing property!

2013 W Adams Street, Phoenix

$239,000

2 Beds ⋅ 1 Baths ⋅ 7084688 MLS ⋅ 800 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 2BD/1BA single-family home currently generating $1,500/month and a studio generation $950/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2109 W Monroe Street, Phoenix

$239,000

3 Beds ⋅ 2 Baths ⋅ 7084668 MLS ⋅ 1,127 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 3BD/2BA single-family home currently generating $1,750/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2113 W Monroe Street, Phoenix

$185,000

2 Beds ⋅ 1 Baths ⋅ 7084391 MLS ⋅ 614 SqFt.

2025 W Madison Street, Phoenix

$220,000

2 Beds ⋅ 2 Baths ⋅ 7079408 MLS

Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

108 S 22nd Avenue, Phoenix

$285,000

3 Beds ⋅ 2 Baths ⋅ 7071193 MLS ⋅ 1,288 SqFt.

Well maintained home. New roof and new cold AC unit. Large living room, kitchen, 2 downstairs bedrooms, a small den or office and bathroom. Upstairs there is a private unit with one bedroom and one half bath. Great starter home that sits on a huge 7000 square foot lot perfect for expanding the home. Next door, 2025 W. Madison is also for sale.

2029 W Madison Street, Phoenix

$455,000

4 Beds ⋅ 3 Baths ⋅ 6982916 MLS ⋅ 1,593 SqFt.

zoning allows for 5 units. beautifully updated.move in ready.owner/agent has never occupied property.no spds/clue available.lots of prking at the front,rear,& side street.owner/agent is an az active licensed realtor/bldr.iron gate with code lock and iron automobile gate w/remote. All new appliances from spencers.reverse osmosis water,all new plumbing fixtures, outlets,and light fixtures. All new Ring security system included. All new flooring.Can add a larger elect alley access gate,exist manual alley gate. Self contained detached 240 sf studio in the backyard.new cabs/quartz cntrtps. Sold in as is condition. Currently, rented at $2150 per month. 12 month lease. Tenant pays all utilities.must honor exist tenants lease until feb 2027

2002 W Adams Street, Phoenix

$849,900

20 Beds ⋅ 20 Baths ⋅ 6785949 MLS

EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix

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