Capitol Addition Homes under $400,000

Welcome to Capitol Addition, a charming subdivision nestled in the vibrant heart of Phoenix, Arizona. This delightful community offers an ideal blend of suburban comfort and urban convenience, making it a perfect choice for families, first-time homebuyers, and anyone looking to enjoy the sunny Arizona lifestyle.

Capitol Addition is characterized by its friendly atmosphere and beautifully maintained homes, many of which are available for under $400,000. This makes it an attractive option for those seeking affordability without compromising on quality. The homes in this subdivision typically feature a variety of architectural styles, from cozy single-family residences to modern townhouses, ensuring there’s something to suit every taste and preference.

Residents of Capitol Addition enjoy easy access to a plethora of amenities, including parks, schools, and shopping centers, all just a stone’s throw away. The nearby Phoenix downtown area offers a vibrant arts scene, diverse dining options, and exciting entertainment venues, ensuring there’s always something to do. For outdoor enthusiasts, the stunning desert landscapes and hiking trails of the surrounding area provide a perfect backdrop for weekend adventures.

With its prime location in Maricopa County, Capitol Addition not only offers affordable housing but also a strong sense of community. Neighbors often come together for local events and gatherings, fostering a welcoming environment that makes everyone feel at home. If you're looking for a place where you can thrive amidst the beauty and warmth of Phoenix, Capitol Addition is the perfect place to call home. Don’t miss the opportunity to explore this wonderful community!

Newest Capitol Addition Homes under $400,000

$389,900

3 Beds ⋅ 2 Baths ⋅ 7086126 MLS ⋅ 1,340 SqFt.

Welcome to this lovely light and bright home located close downtown phoenix, easy access to the I-17. This home boasts 3 bedroom, 2 baths with a 2 car garage that could also be transformed into a ADU, either for added income or more space for the family. This home has been painted inside and out, freshly laid vinyl flooring throughout, water heater installed in 2026. Stop by and take a look at your new home

2110 W Washington Street, Phoenix

$239,000

2 Beds ⋅ 1 Baths ⋅ 7084688 MLS ⋅ 800 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 2BD/1BA single-family home currently generating $1,500/month and a studio generation $950/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2109 W Monroe Street, Phoenix

$239,000

3 Beds ⋅ 2 Baths ⋅ 7084668 MLS ⋅ 1,127 SqFt.

Fix & Flip | Income-Producing Property | Development Opportunity 3BD/2BA single-family home currently generating $1,750/month in rental income. The property is zoned R-3 Multifamily Medium Density, offering potential for an ADU or future development of 2-4 units, subject to zoning and city approval. Owner is also selling adjacent property. See listing. Buyer to independently verify all facts, figures, zoning, development potential, and property information. Drive-by only. Please do not disturb the tenants.

2113 W Monroe Street, Phoenix

$185,000

2 Beds ⋅ 1 Baths ⋅ 7084391 MLS ⋅ 614 SqFt.

2025 W Madison Street, Phoenix

$220,000

2 Beds ⋅ 2 Baths ⋅ 7079408 MLS

Rare Investment Opportunity: Prime Multi-Family Package in Phoenix Unlock exceptional value with this versatile investment opportunity located in central Phoenix. Conveniently positioned with easy access to Downtown Phoenix, I-10, local dining, public transit, and major employment hubs. This property is a brick duplex featuring 2 separate units, each configured as a 1-bed, 1-bath layout with a fireplace. Needs renovation-perfect for investors looking to add value, update finishes, and bring rents up to market rate to maximize monthly cash flow. The adjacent vacant lot (2203 W JEFFERSON ST, Phoenix, AZ 85009), also zoned for multi-family residential (MLS 6871932), is being sold TOGETHER as a package deal. Develop the lot to build additional income-producing units and and expand your ren Develop the adjacent multi-family lot to build additional income-producing units and expand your rental portfolio. Whether you are looking to fix-and-hold for steady passive income or develop the adjoining parcel for maximum yield, this dual-parcel opportunity is built for high returns.

108 S 22nd Avenue, Phoenix

$285,000

3 Beds ⋅ 2 Baths ⋅ 7071193 MLS ⋅ 1,288 SqFt.

Well maintained home. New roof and new cold AC unit. Large living room, kitchen, 2 downstairs bedrooms, a small den or office and bathroom. Upstairs there is a private unit with one bedroom and one half bath. Great starter home that sits on a huge 7000 square foot lot perfect for expanding the home. Next door, 2025 W. Madison is also for sale.

2029 W Madison Street, Phoenix

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