Cheap homes for sale & real estate in Central Phoenix, AZ

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ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
This 2-bedroom, 1-bath home sits on an expansive nearly 9,000 sq ft lot with no HOA, offering a rare opportunity in the heart of Phoenix. Featuring a huge backyard with endless possibilities, this fixer-upper is ideal for buyers looking to renovate, expand, or build their vision from the ground up. The generous lot size provides room for outdoor living, future additions, or a guest house, subject to city approval. Perfectly located near major freeways, downtown amenities, dining, shopping, and entertainment, this property combines central convenience with outstanding potential. An excellent opportunity for investors or owner-occupants ready to add value in a rapidly growing area.

$220,000

2 beds1 bath1,000 sq ft

1712 W Weldon Ave, Phoenix, AZ 85015

8,986 sq ft lot • 4 parking spots • Built 1944

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
CASH BUYERS ONLY: High-Potential 4-Bed Value Add! Unlock incredible equity in this solid block-construction home in the heart of Phoenix! Boasting over 1,500 sq. ft. , this 4-bedroom, 2-bath layout features a massive bonus room and a kitchen packed with cabinet space. Situated on a 6,000+ sq. ft. lot with two large storage sheds and covered parking, it is the perfect canvas for a fix-and-flip or a high-yield rental. Unbeatable location near hospitals, shopping, and major transit—bring your toolbelt and seize this opportunity before the 1/5/26 offer deadline!

$199,900

4 beds2 baths1,533 sq ft

4431 N 50th Dr, Phoenix, AZ 85031

Massive bonus room • Covered parking • 6,050 sq ft lot

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
Excellent value in a central Phoenix location! This 3-bedroom, 1-bath single-family residence sits on a desirable corner lot with RV access and a large front entry gate. The spacious backyard offers potential for a future studio or guest space, making it ideal for extended family living or added rental income (buyer to verify). Interior features include upgraded interiors and bathrooms, eat-in kitchen, and inside laundry. Enjoy a quaint back patio with low-maintenance gravel landscaping. Durable block construction with wood and block fencing. No HOA. Great opportunity for investors or first-time buyers. Seller may carry—ask listing agent for details.

$379,999

3 beds1 bath1,272 sq ft

1812 N 32nd Pl, Phoenix, AZ 85008

6,007 sq ft lot • 2 parking spots • Built 1952

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
Poolside lower-level condo offering 2 bedrooms and 2 baths with fresh interior paint and updated bathrooms. Light and bright floorplan with a brand-new electric range in the kitchen. Enjoy a prime location near the community pool and close to shopping, dining, and the Global Ambassador. Ideal for full-time living, rental investment or a lock-and-leave retreat.

$340,000

2 beds2 baths1,092 sq ft

4102 E Calle Redonda -- #43, Phoenix, AZ 85018

$362 HOA • 2 parking spots • Community pool

ABOUT THIS HOME
Cheap Home for sale in Central Phoenix, AZ:
Perfectly positioned in the heart of the Biltmore Corridor, this fully updated 1-bed, 1-bath lock-and-leave residence offers effortless living with unbeatable walkability. Just steps from Safeway, Matt's Big Breakfast, Starbucks, The Collins, Wells Fargo, and local dry cleaners, you're also moments from Biltmore Circle, scenic walking paths, and the adjacent golf course. Inside, the home was thoughtfully upgraded in 2022 with modern porcelain flooring, fresh paint, a beautifully remodeled bathroom featuring a custom floating vanity, ceiling fans, and a custom closet. The kitchen is equipped with an induction range, refrigerator, and washer and dryer, making the space both stylish and functi

$259,999

1 bed1 bath1,032 sq ft

5122 N 31st Way #213, Phoenix, AZ 85016

$624 HOA • Parking • Community pool

Property at 5028 W Roanoke Ave, Phoenix, AZ 85035, 3 beds, 2 baths

$285,000

3 beds2 baths1,226 sq ft

5028 W Roanoke Ave, Phoenix, AZ 85035

Property at 1018 E Osborn Rd Unit A, Phoenix, AZ 85014, 1 bed, 1 bath

$189,900

1 bed1 bath605 sq ft

1018 E Osborn Rd Unit A, Phoenix, AZ 85014

Property at 3402 N 32nd St #102, Phoenix, AZ 85018, 2 beds, 2 baths

$279,900

2 beds2 baths792 sq ft

3402 N 32nd St #102, Phoenix, AZ 85018

Property at 1101 E Bethany Home Rd #8, Phoenix, AZ 85014, 1 bed, 1 bath

$200,000

1 bed1 bath784 sq ft

1101 E Bethany Home Rd #8, Phoenix, AZ 85014

Property at 3131 N Central Ave #3006, Phoenix, AZ 85012, 2 beds, 2 baths

$409,000

2 beds2 baths1,125 sq ft

3131 N Central Ave #3006, Phoenix, AZ 85012

Property at 4025 W Claremont St, Phoenix, AZ 85019, 3 beds, 2 baths

$379,000

3 beds2 baths1,290 sq ft

4025 W Claremont St, Phoenix, AZ 85019

Property at 207 W Clarendon Ave Unit 20B, Phoenix, AZ 85013, 2 beds, 2 baths

$399,995

2 beds2 baths1,165 sq ft

207 W Clarendon Ave Unit 20B, Phoenix, AZ 85013

Property at 740 W Elm St #160, Phoenix, AZ 85013, 2 beds, 2 baths

$229,900

2 beds2 baths929 sq ft

740 W Elm St #160, Phoenix, AZ 85013

Property at 1025 E Highland Ave #30, Phoenix, AZ 85014, 1 bed, 1.5 baths

$279,000

1 bed1.5 baths791 sq ft

1025 E Highland Ave #30, Phoenix, AZ 85014

Property at 2025 E Campbell Ave #309, Phoenix, AZ 85016, 2 beds, 2 baths

$285,000

2 beds2 baths1,006 sq ft

2025 E Campbell Ave #309, Phoenix, AZ 85016

Property at 4224 N 12th St #209, Phoenix, AZ 85014, 1 bed, 1 bath

$129,900

1 bed1 bath411 sq ft

4224 N 12th St #209, Phoenix, AZ 85014

Property at 2367 W Hazelwood St #64, Phoenix, AZ 85015, 3 beds, 1.5 baths

$199,000

3 beds1.5 baths1,302 sq ft

2367 W Hazelwood St #64, Phoenix, AZ 85015

Property at 1225 N 36th St #2043, Phoenix, AZ 85008, 2 beds, 2 baths

$299,000

2 beds2 baths1,206 sq ft

1225 N 36th St #2043, Phoenix, AZ 85008

Property at 5207 N Black Canyon Hwy #18, Phoenix, AZ 85015, 3 beds, 2 baths

$94,900

3 beds2 baths1,056 sq ft

5207 N Black Canyon Hwy #18, Phoenix, AZ 85015

Property at 4031 W Denton Ln, Phoenix, AZ 85019, 4 beds, 2 baths

$425,000

4 beds2 baths1,715 sq ft

4031 W Denton Ln, Phoenix, AZ 85019

Property at 4201 E Camelback Rd #51, Phoenix, AZ 85018, 2 beds, 2 baths

$339,000

2 beds2 baths1,135 sq ft

4201 E Camelback Rd #51, Phoenix, AZ 85018

Property at 4644 N 22nd St #1017, Phoenix, AZ 85016, 1 bed, 1 bath

$329,000

1 bed1 bath850 sq ft

4644 N 22nd St #1017, Phoenix, AZ 85016

Property at 3213 N 49th Ln, Phoenix, AZ 85031, 3 beds, 2 baths

$362,500

3 beds2 baths1,305 sq ft

3213 N 49th Ln, Phoenix, AZ 85031

Property at 1917 E Pinchot Ave, Phoenix, AZ 85016, 3 beds, 1 bath

$299,999

3 beds1 bath1,332 sq ft

1917 E Pinchot Ave, Phoenix, AZ 85016

Property at 2621 W Mariposa St, Phoenix, AZ 85017, 3 beds, 1.5 baths

$239,000

3 beds1.5 baths1,319 sq ft

2621 W Mariposa St, Phoenix, AZ 85017

Property at 4342 W Encanto Blvd, Phoenix, AZ 85035, 4 beds, 3 baths

$289,900

4 beds3 baths1,512 sq ft

4342 W Encanto Blvd, Phoenix, AZ 85035

Property at 2014 W Lawrence Rd, Phoenix, AZ 85015, 3 beds, 3.5 baths

$429,990

3 beds3.5 baths1,729 sq ft

2014 W Lawrence Rd, Phoenix, AZ 85015

Property at 2810 N 29th Pl, Phoenix, AZ 85008, 3 beds, 2 baths

$300,000

3 beds2 baths1,351 sq ft

2810 N 29th Pl, Phoenix, AZ 85008

Property at 5350 N Central Ave #30, Phoenix, AZ 85012, 2 beds, 2.5 baths

$390,000

2 beds2.5 baths1,188 sq ft

5350 N Central Ave #30, Phoenix, AZ 85012

Property at 5207 N 24th St #201, Phoenix, AZ 85016, 2 beds, 2 baths

$445,000

2 beds2 baths1,073 sq ft

5207 N 24th St #201, Phoenix, AZ 85016

Property at 3402 N 32nd St #163, Phoenix, AZ 85018, 3 beds, 2 baths

$325,000

3 beds2 baths1,050 sq ft

3402 N 32nd St #163, Phoenix, AZ 85018

Property at 3823 W Lawrence Rd, Phoenix, AZ 85019, 3 beds, 2 baths

$355,000

3 beds2 baths1,421 sq ft

3823 W Lawrence Rd, Phoenix, AZ 85019

Property at 4112 W Pasadena Ave, Phoenix, AZ 85019, 4 beds, 2 baths

$295,000

4 beds2 baths1,512 sq ft

4112 W Pasadena Ave, Phoenix, AZ 85019

Property at 4750 N Central Ave Unit N6, Phoenix, AZ 85012, 1 bed, 1 bath

$166,000

1 bed1 bath702 sq ft

4750 N Central Ave Unit N6, Phoenix, AZ 85012

Property at 2214 N 24th Pl, Phoenix, AZ 85008, 3 beds, 2 baths

$375,000

3 beds2 baths1,442 sq ft

2214 N 24th Pl, Phoenix, AZ 85008

Property at 7126 N 19th Ave #169, Phoenix, AZ 85021, 2 beds, 1.5 baths

$199,999

2 beds1.5 baths1,248 sq ft

7126 N 19th Ave #169, Phoenix, AZ 85021

Property at 3416 N 44th St #10, Phoenix, AZ 85018, 2 beds, 2 baths

$249,999

2 beds2 baths1,044 sq ft

3416 N 44th St #10, Phoenix, AZ 85018

Property at 4750 N Central Ave Unit 14P, Phoenix, AZ 85012, 1 bed, 1 bath

$164,800

1 bed1 bath702 sq ft

4750 N Central Ave Unit 14P, Phoenix, AZ 85012

Property at 6125 E Indian School Rd #283, Scottsdale, AZ 85251, 1 bed, 1 bath

$192,000

1 bed1 bath519 sq ft

6125 E Indian School Rd #283, Scottsdale, AZ 85251

Property at 1251 E Maryland Ave Unit A, Phoenix, AZ 85014, 2 beds, 2 baths

$280,000

2 beds2 baths1,152 sq ft

1251 E Maryland Ave Unit A, Phoenix, AZ 85014

Property at 6316 N 23rd Ave, Phoenix, AZ 85015, 3 beds, 2 baths

$380,000

3 beds2 baths1,467 sq ft

6316 N 23rd Ave, Phoenix, AZ 85015

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Cheap Homes for Sale in Central Phoenix

There are currently 532 cheap homes for sale in Central Phoenix at a median listing price of $499K. Some of these homes are "Hot Homes," meaning they're likely to sell quickly. Most homes for sale in Central Phoenix stay on the market for 80 days and receive 4 offers. Popular neighborhoods include North Phoenix, South Phoenix, Downtown Phoenix, Arcadia Lite, Old Town, South Scottsdale, Arcadia, Moon Valley, Camelback East, and Biltmore. This map is refreshed with the newest listings in Central Phoenix every 15 minutes.

In the past month, 262 homes have been sold in Central Phoenix. In addition to houses in Central Phoenix, there were also 418 condos, 386 townhouses, and 48 multi-family units for sale in Central Phoenix last month. Find your dream home in Central Phoenix using the tools above. Use filters to narrow your search by price, square feet, beds, and baths to find homes that fit your criteria. Our top-rated real estate agents in Central Phoenix are local experts and are ready to answer your questions about properties, neighborhoods, schools, and the newest listings for sale in Central Phoenix. If you're looking to sell your home in the Central Phoenix area, our listing agents can help you get the best price. Redfin is redefining real estate and the home buying process in Central Phoenix with industry-leading technology, full-service agents, and lower fees that provide a better value for Redfin buyers and sellers.

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