2545 N 29TH Place, Phoenix, AZ 85008

$1,299,000
Property Type: Residential Bedrooms: 8 Baths: 5 Square Footage: 4,176 Lot Size (sq. ft.): 13,765 Status: Active
Current Price: $1,299,000 Last Modified: 2/15/2026

Description

Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.

More Information MLS# 6984908

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $1,299,000 Status: Active Current Price: $1,299,000 List Date: 2026-02-14

Location, Tax & Legal

Assessor's Map #: 25 Legal Description (Abbrev): LOT 72 EAST THOMAS ROAD TRACT 2 MCR Assessor's Parcel #: 20 Tax Municipality: Phoenix Taxes: 4923 House Number: 2545 Compass: N Street Name: 29TH St Suffix: Place City/Town Code: Phoenix State/Province: AZ Zip Code: 85008 Zip4: 2017 County Code: Maricopa Assessor Number: 120-25-020 Subdivision: EAST THOMAS ROAD TRACT 2 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 2 Full Bathrooms: 5 Half Bathrooms: 0 Approx SQFT: 4176 Price/SqFt: 311.06 Approx Lot SqFt: 13765 Approx Lot Acres: 0.316 Horses: N Builder Name: unknown Elementary School District: Creighton Elementary District High School District: Phoenix Union High School District Elementary School: Monte Vista Elementary School Jr. High School: Monte Vista Elementary School High School: Camelback High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: No Dwelling Type: Single Family Residence Exterior Stories: 2 # Bedrooms: 8 Total Bathrooms: 5 Year Built: 1991

Legal Info

Range: 3E Section: 35 Township: 2N Lot Number: 72

Special Listing Cond

Owner/Agent: 1

Construction

Block: 1

Const - Finish

Painted: 1

Roofing

Composition: 1

Association & Fees

HOA Y/N: N PAD Fee Y/N: N Land Lease Fee Y/N: N Ttl Mthly Fee Equiv: 0

Showing Notification Methods

Showing Service: Aligned Showings Text: 1 Phone Call: 1

Lockbox Type

None: 1

Architecture

Contemporary: 1

Master Bathroom

Double Vanity: 1

Master Bedroom

Downstairs: 1

Flooring

Laminate: 1

Window Features

Dual Pane: 1

Dining Area

Dining in FR: 1

Heating

Electric: 1

Kitchen Features

Dishwasher: 1 Electric Range: 1 Built-in Microwave: 1 Non-laminate Counter: 1 Pantry: 1 Refrigerator: 1

Cooling

Ceiling Fan(s): 1 Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: N

Technology

Cable TV Avail: 1

Fencing

Perimeter: 1 Wood: 1 Chain Link: 1

Water Source

City Water: 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 0 Total Covered Spaces: 2 Carport Spaces: 2

Parking Features

Separate Strge Area: 1

Irrigation

Flood: 1

New Financing

Cash: 1 Conventional: 1

Utilities

SRP: 1

Existing 1st Loan

Conventional: 1

Landscaping

Dirt Back: 1 Grass Front: 1

Items Updated

Floor Yr Updated: 2023 Floor Partial/Full: Full Wiring Yr Updated: 2023 Wiring Partial/Full: Full Plmbg Yr Updated: 2023 Plmbg Partial/Full: Full Ht/Cool Yr Updated: 2023 Ht/Cool Partial/Full: Full Roof Yr Updated: 2023 Roof Partial/Full: Full Kitchen Yr Updated: 2023 Kitchen Partial/Full: Full Bath(s) Yr Updated: 2023 Bath(s) Partial/Full: Full

Unit Style

Two Levels: 1

Disclosures

Seller Discl Avail: 1

Possession

Close of Escrow: 1

Association Fee Incl

No Fees: 1

Assoc Rules/Info

None: 1

Remarks Misc

Cross Street: Thomas and 32nd St Directions: Head West on Thomas to 29th Pl. Turn South on 29th Pl. Home is on the Southeast side of the street at Virginia and 29th Place. Geo Lat: 33.476535 Geo Lon: -112.018007

Property Features

Special Listing Cond: Owner/Agent Architecture: Contemporary Master Bathroom: Double Vanity Master Bedroom: Downstairs Flooring: Laminate Window Features: Dual Pane Spa: None Dining Area: Dining in FR Kitchen Features: Electric Range; Dishwasher; Built-in Microwave; Refrigerator; Pantry; Non-laminate Counter Laundry: Washer Included; Dryer Included Technology: Cable TV Avail Parking Features: Separate Strge Area Construction: Block Const - Finish: Painted Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Utilities: SRP Water Source: City Water Irrigation: Flood Sewer: Sewer - Public Fencing: Perimeter; Wood; Chain Link Landscaping: Dirt Back; Grass Front Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: Close of Escrow Unit Style: Two Levels Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; Conventional Disclosures: Seller Discl Avail
Listing Office: Realty ONE Group
IDX
Last Updated: February - 15 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.