541 W PALM Lane, Phoenix, AZ 85003 (MLS# 6986551)

541 W PALM Lane, Phoenix, AZ 85003

New Listing

$899,999

Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,415 Lot Size (sq. ft.): 8,715 Status: Active

Current Price: $899,999 List Date: 3/12/2026 Last Modified: 3/13/2026

Description

WELCOME TO WILLO! Located on the iconic Palm Lane, this rare historic property is zoned multi-family and offers TWO HOUSES! The main house features 3 bedrooms plus an office and 2 bathrooms. Beautiful archways, original niches, and beautiful historic details have been preserved throughout while also being modernized and enhanced with designer details. Large rooms, great storage and a fantastic floor plan with a massive primary suite. As you step outside, you'll discover a large covered patio, beautiful lush green landscaping & a complete SECOND HOME in the backyard with its own kitchen, bathroom, laundry and designated parking. This property is one of a kind and an amazing INVESTMENT opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites!

More Information MLS# 6986551

Contract Information

Type: Exclusive Right To Sell Ownership: Fee Simple Co-Ownership (Fractional) Agreement YN: No List Price: $899,999 Status: Active Current Price: $899,999 List Date: 2026-02-18

Location, Tax & Legal

Assessor's Map #: 57 Legal Description (Abbrev): N KENILWORTH LOTS 19 & 20 BLK 2 EX E 60' OF LOT 19 & EX E 60' OF LOT 20 EX W 7' TH/OF FOR RD Assessor's Parcel #: 37 Tax Municipality: Phoenix Taxes: 2210 House Number: 541 Compass: W Street Name: PALM St Suffix: Lane City/Town Code: Phoenix State/Province: AZ Zip Code: 85003 Zip4: 1129 County Code: Maricopa Assessor Number: 118-57-037 Subdivision: NORTH KENILWORTH BLKS 1 THROUGH 8 Tax Year: 2025

General Property Description

Dwelling Styles: Detached # of Interior Levels: 1 Full Bathrooms: 3 Half Bathrooms: 0 Approx SQFT: 2415 Price/SqFt: 372.67 Approx Lot SqFt: 8715 Approx Lot Acres: 0.2 Guest House SqFt: 600 Horses: N Builder Name: Unknown Lead Based Hazard Disclosure: Yes Elementary School District: Phoenix Elementary District High School District: Phoenix Union High School District Elementary School: Kenilworth Elementary School Jr. High School: Kenilworth Elementary School High School: Central High School Community Pool Y/N: No Private Pool Y/N: No Fireplace YN: Yes Fireplaces Total: 1 Dwelling Type: Single Family Residence Exterior Stories: 1 # Bedrooms: 4 Total Bathrooms: 3 Year Built: 1940

Legal Info

Range: 3E Section: 32 Township: 2N Lot Number: 19

Special Listing Cond

N/A: 1

Construction

Brick: 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

Lockbox Type

Supra: 1

Architecture

Contemporary: 1

Master Bathroom

Full Bth Master Bdrm: 1 Double Vanity: 1

Fireplace Features

Fireplace Living Rm: 1

Flooring

Tile: 1 Wood: 1

Community Features

Historic District: 1

Dining Area

Formal: 1

Heating

Natural Gas: 1

Kitchen Features

Dishwasher: 1 Disposal: 1 Gas Range: 1 Refrigerator: 1 Walk-in Pantry: 1 Quartz Countertops: 1

Cooling

Central Air: 1

Laundry

Washer Included: 1 Dryer Included: 1

Basement

Basement Y/N: N

Separate Den/Office

Sep Den/Office Y/N: Y

Fencing

Block: 1

Water Source

City Water: 1

Exterior Features

Pvt Yrd(s)/Crtyrd(s): 1

Spa

None: 1

Sewer

Sewer - Public: 1

Parking Spaces

Slab Parking Spaces: 5 Total Covered Spaces: 0

New Financing

Cash: 1 VA: 1 Conventional: 1

Utilities

APS: 1 SW Gas: 1

Existing 1st Loan

Conventional: 1

Property Description

North/South Exposure: 1 Alley: 1

Landscaping

Grass Front: 1 Grass Back: 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: Palm Lane & 5th AVe Directions: Heading South on 5th Ave, Turn right onto Palm Lane. Home is the last home on the south side of the street. Geo Lat: 33.469201 Geo Lon: -112.082502

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; Double Vanity Fireplace Features: Fireplace Living Rm Flooring: Tile; Wood Spa: None Community Features: Historic District Dining Area: Formal Kitchen Features: Gas Range; Disposal; Dishwasher; Refrigerator; Walk-in Pantry; Quartz Countertops Laundry: Washer Included; Dryer Included Exterior Features: Pvt Yrd(s)/Crtyrd(s) Construction: Brick Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: North/South Exposure; Alley Landscaping: Grass Front; Grass Back Showing Notification Methods: Text Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail

Listing Office: HomeSmart

Last Updated: March - 13 - 2026