1201 E Griswold Road, Phoenix, AZ 85020

$680,000
7
BD
4
BA
1,218
SqFt

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List Price
$680,000
Status
ACTIVE
Days on Market
46
MLS#
7073860
Subtype
Residential
Style
Ranch
Year Built
1957
Bedrooms
7
Bathrooms
4
Full Baths
4
Living Area
1,218
Lot Size
6,812
Acres
0.16
Subdivision
Killian Heights

Property Description

TWO HOMES ON ONE PROPERTY - GREAT INCOME-PRODUCING OPPORTUNITY! Discover the possibilities this unique property has to offer! Featuring two homes on one lot, this property is ideal for multi-generational living, an owner-occupant looking for additional rental income, or an investor seeking an income-producing opportunity. The main home features 3 bedrooms and 1.75 bathrooms, along with a recently remodeled kitchen featuring quartz countertops, stainless steel appliances; refrigerator, washer and dryer are included, adding extra convenience. At the base of Phoenix Mountain Preserve for active outdoor living hiking/biking and close to SR51 freeway, 10 miles from downtown and 15 miles from the airport makes this ideal location for recreation and commute. The permitted back house offers 3 bedrooms and 2 full bathrooms, providing a comfortable and functional second living space. Live in one and rent the other, accommodate extended family, or explore the many possibilities this versatile property has to offer. Enjoy a low-maintenance backyard and a storage shed for additional storage. The property is serviced by one electric meter and one water meter. With a total of 6 bedrooms and 3.75 bathrooms between both homes, this is a unique opportunity with flexibility, functionality, and excellent income-producing potential. Two homes, one property, and so many possibilities!

Additional Information

Interior Features
3/4 Bath Master Bdrm, Kitchen Island, Granite Counters
Taxes
$1,512
Property Description
Ranch
Flooring
Tile
Appliances
Dishwasher, Refrigerator, Gas Oven, Gas Range, Washer, Dryer
Heating
Electric, Heat Pump
Air Conditioning
Central Air, Heat Pump
Exterior Construction
Brick, Stucco
Stories
1
Elementary School
Desert View Elementary School
Middle School
Royal Palm Middle School
High School
Sunnyslope High School

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Alejandra Mena (602-277-7777) from Listing Office: HomeSmart.

All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.