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Courtesy of HomeSmart, Alejandra Mena Listing Contact: 602-277-7777 
7 Beds
4 Baths
1,218 sqft

$680,000

1201 E GRISWOLD Road, Phoenix AZ, 85020

Price per sqft$558.29
Built in1957
Property size1,218 sqft
Property typeResidential

Overview

Active

Listed Sep 1, 2026

Updated 2 weeks ago

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!

$4,524/mo

Est. mortgage payment based on a $680,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
7073860

Interior Features

Bedrooms
7
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.16 Acres

Other Property Details

Taxes
$1,512
Tax Frequency
Annually

Courtesy of HomeSmart, Alejandra Mena

Listing Contact: 602-277-7777 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Lloyd Fox shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Not representative of the licensee’s transaction history. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS.

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Data Last Updated: 2:44 AM UTC, 9/6/2026.

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