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Phoenix Metro Area›Maricopa County›Phoenix›1002 W Polk St

1002 W Polk St, Phoenix, AZ 85007

Photo Jul 30 2026, 2 17 40 PM
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Financing Details

Seller FinancingNo BalloonDiscounted Deal

You have two ways to buy this home:

Option 1: Seller Financing If you're not ready to pay cash or get a bank loan, seller financing is available for this home. With seller financing, the seller acts like the bank. You make your payments directly to the seller, so you don't need to get a loan from a bank, or come up with the full amount in cash. Option 2: Cash Purchase If you can pay cash, the discounted cash price is $400,900.

Option 1: Seller Financed Purchase

Down Payment$47,300
Monthly Payment$3,425/mo*
Total Move In$50,725
Amortization30 Years
Loan TermFull 30 Years!
BalloonNone
Interest Rate

Property Details

Available

Fully remodeled and move-in ready with brand new roof, New Windows, new A/C units, new plumbing, and updated electrical systems Per Seller. Features a main house configured with 5 private bed/bath suites plus a ~700 sq ft back casita that can easily function as a 2-bedroom unit or additional room rentals. Property could use finishing touches and landscaping to reach full potential. Minutes from Downtown Phoenix, major transit, and local universities. Right across the street from University park and pool.

Address1002 W Polk St, Phoenix, AZ 85007
Property TypeSingle Family
Bedrooms6
Bathrooms6
Home Size1,138 sqft
Lot Size6,250 sqft (0.14 acres)
Exterior Stories1
Year Built1906
CountyMaricopa County
Photos (33)|Videos (1)|Map|Street View
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David Sanchez

David Sanchez

Hassle Free Homes

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Disclosures

Information on this page was obtained from sources deemed reliable, including third parties, but is not guaranteed by Hassle Free Homes. Square footage, lot size, year built, HOA dues, taxes, and all other details are approximations — buyers should independently verify all information that matters to their decision.

Advertised prices, down payments, monthly payments, interest rates, and APRs are illustrative, subject to change or withdrawal without notice, and do not constitute a loan offer or commitment to finance. Seller financing is subject to buyer qualification and to final terms in a written agreement. Unless noted otherwise, monthly payments shown may not include property taxes, insurance, or HOA dues.

Hassle Free Homes and/or its affiliates may own, or hold a contractual or equitable interest in, some of the properties advertised; other properties are advertised on behalf of third-party sellers or their brokers. Unless expressly agreed in a written agreement, Hassle Free Homes does not represent the buyer.

Hassle Free Homes is not a real estate broker. One or more principals of Hassle Free Homes hold a real estate license in Arizona, with broker Geneva Real Estate & Investments, LLC.

Nothing on this site is legal, tax, or financial advice; consult your own attorney, tax professional, or advisor. Equal Housing Opportunity.

1002 W Polk St

Phoenix, AZ 85007

Down Pmt

$47,300

Monthly Pmt

$3,425/mo

$472,400 · APR: 7.99%

Discounted Cash Price

$400,900

6 bed · 6 bath · 1,138 sqft

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7.99%
APR7.99%
Purchase Price$472,400
Deposit$15,000

Option 2: All Cash Sale

Discounted Cash Price$400,900
After Remodeled Value (ARV)$531,000
Close of EscrowAug 31, 2026
Earnest Deposit$5,000
  • •Cash or Hard Money
  • •Buyer pays all closing costs
  • •Property is sold in as-is condition

*The payment amount of $3,425 includes principal & interest ($3,117/mo), property taxes ($50/mo), an estimated amount for insurance ($234/mo), and an account servicing fee ($19/mo).

HOANo

Additional Details

  • •Turnkey Downtown Phoenix Co-Living & PadSplit
  • •Main house configured with 5 private bed/bath suites
  • •482 sq ft casita per tax records (~700 sq ft back casita per seller) that can function as a 2-bedroom unit or additional room rentals
  • •Carport
  • •PadSplit rooms in the Phoenix/Downtown corridor average $220 – $250/week ($950 – $1,080/month per room)
  • •Rooms with private bathrooms or separate entrances (like the back casita) fetch $275 – $300+/week ($1,190 – $1,300+/month per room)
  • •Projected gross income ranges from $5,500 – $7,000+/month fully occupied as a 6–7 room co-living strategy

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