2302 E Yale Street, Phoenix, AZ 85006 - MLS #6962052

images$425,000 images5 Beds

images4 Bath images2,280 sqft images1941

imagesUCB (Under Contract-Backups)

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Description

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 bed / 1 bath with ~ 600 sq ft. Estimated rents are $2,200 per month for the main house, $1,000 for the casita, and $700 for the studio, producing a strong nearly 1% rent to price ratio. Main house is currently leased through August 2026, studio is month to month, and casita is vacant. Great location minutes from Phoenix Children's Hospital, downtown Phoenix, Sky Harbor Airport, and freeway access.

Property Features
Special Listing Cond: N/A
Status Update: Multiple Offers Received
Add'l Property Use: See Remarks
Architecture: Ranch
Building Style: 2-3-4 Plex
Master Bathroom: 3/4 Bath Master Bdrm
Flooring: Tile
Spa: None
Dining Area: Formal; Eat-in Kitchen
Kitchen Features: Gas Oven; Gas Range; Disposal; Dishwasher; Refrigerator; Granite Counters
Laundry: Washer Included; Dryer Included
Other Rooms: Guest Qtrs-Sep Entrn
Technology: Cable TV Avail; High Speed Internet
Exterior Features: Covered Patio(s); Separate Guest House
Construction: Block; Wood Frame
Const - Finish: Stucco
Roofing: Composition
Cooling: Central Air
Heating: Natural Gas
Utilities: APS; SW Gas
Water Source: City Water
Irrigation: Flood
Sewer: Sewer - Public
Fencing: Wood
Property Description: Corner Lot
Landscaping: Dirt Front; Dirt Back
Lockbox Type: Supra
Possession: By Agreement
Association Fee Incl: No Fees
Existing 1st Loan: Treat as Free&Clear
New Financing: Cash; VA; FHA; Conventional; 1031 Exchange
Disclosures: Agency Discl Req
Contract Information
List Price: $425,000
Status: UCB (Under Contract-Backups)
Current Price: $425,000
List Date: 2025-12-31
Type: Exclusive Right To Sell
Ownership: Fee Simple
Co-Ownership (Fractional) Agreement YN: No
Location Tax Legal
House Number: 2302
Compass: E
Street Name: Yale
St Suffix: Street
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85006
Zip4: 1535
County Code: Maricopa
Assessor Number: 117-08-131
Subdivision: Greenfield Gardens Blocks 1 thru 5
Tax Year: 2025
General Property Description
Dwelling Type: Single Family Residence
Dwelling Styles: Detached
Exterior Stories: 1
# of Interior Levels: 1
# Bedrooms: 5
Full Bathrooms: 4
Total Bathrooms: 4
Approx SQFT: 2280
Price/SqFt: 186.4
Guest House SqFt: 600
Horses: N
Builder Name: Unknown
Year Built: 1941
Lead Based Hazard Disclosure: Yes
Approx Lot SqFt: 6499
Approx Lot Acres: 0.149
Community Pool Y/N: No
Private Pool Y/N: No
Fireplace YN: No
Planned Comm Name: Greenfield Gardens
Marketing Name: Greenfield Gardens
Elementary School District: Creighton Elementary District
High School District: Phoenix Union High School District
Elementary School: William T Machan Elementary School
Jr. High School: William T Machan Elementary School
High School: Camelback High School
Remarks Misc
Cross Street: 24th St and Thomas
Directions: From 24th St turn west on Yale St to the property.
Geo Lat: 33.476017
Geo Lon: -112.032226
Legal Info
Township: 2N
Range: 3E
Section: 34
Lot Number: 22
Basement
Basement Y/N: N
Parking Spaces
Carport Spaces: 2
Total Covered Spaces: 2
Showing Notification Methods
Showing Service: Aligned Showings