Capitol Addition Real Estate

Capitol Addition Real Estate

Welcome to Capitol Addition, a hidden gem nestled in the vibrant heart of Phoenix, Arizona. This charming neighborhood in Maricopa County is a delightful blend of historic character and modern convenience, making it an ideal destination for those seeking a unique urban lifestyle.

Capitol Addition is steeped in history, with its roots tracing back to the early 20th century. The area boasts a rich architectural tapestry, featuring beautifully preserved homes that reflect the charm of bygone eras. Walking through its tree-lined streets, you'll find a mix of classic bungalows and contemporary builds, each with its own story to tell. The neighborhood’s close-knit community fosters a welcoming atmosphere, where neighbors become friends and local events bring everyone together.

One of the highlights of living in Capitol Addition is its unbeatable location. Residents enjoy easy access to the bustling downtown Phoenix, where a plethora of dining, shopping, and entertainment options await. From trendy cafes to cultural hotspots, there's always something happening just a stone's throw away. The area is also conveniently located near major highways, making commutes to work or weekend getaways a breeze.

Nature enthusiasts will appreciate the nearby parks and recreational areas, perfect for enjoying Arizona's stunning sunsets and year-round sunshine. With its blend of historical charm, modern amenities, and a vibrant community spirit, Capitol Addition is more than just a neighborhood—it's a lifestyle. Come explore what makes this area so special and discover your dream home in the heart of Phoenix!

Newest Listings in Capitol Addition

$539,000
7039118 MLS
Rare opportunity to acquire a fully occupied 5 Unit income-producing property consisting of three separate freestanding buildings on one parcel in the rapidly improving Central Phoenix corridor. This property features a diverse unit mix, extensive recent renovations, and long-term tenants paying premium rents. Current Gross Income: $76,560 ($6,380/Mo) Cap Rate: 11+% 2023 Renovations: New flooring, Updated plumbing, Sewer improvements, Interior paint, Exterior paint, Bathroom remodels, Kitchen upgrades. 2025 Improvements: New electrical wiring, New electrical panels with green tags, new addition/extension.

2002 W Jefferson Street, Phoenix
$275,000
2 Beds ⋅ 2 Baths ⋅ 7027259 MLS ⋅ 1,288 SqFt.
GREAT INVESTMENT OPPORTUNITY! This home offers incredible potential and was previously a 3-bedroom, making it easy to convert back into a 3-bedroom layout. The space for the third bedroom is already in place--all that's needed is drywall to finish it, making it a great opportunity to add value and increase functionality. Recent updates include a BRAND NEW roof, BRAND NEW HVAC system, and an upgraded kitchen, giving you peace of mind on some of the home's biggest-ticket items. No HOA! Conveniently located just minutes from Downtown Phoenix with quick access to shopping, dining, entertainment, and major freeways. Whether you're an investor, first-time buyer, or looking for a home with room to build equity, this is an opportunity you won't want to miss!

2006 W Monroe Street, Phoenix
$549,900
7008464 MLS
Great opportunity in a central Phoenix location! Live in one unit and rent out the others. This property is fully rented out and offers strong potential for investors or buyers looking to add value. Situated on a generously sized lot with easy access to downtown, freeways, and employment hubs. With the right vision, this property can be transformed into a solid income-producing asset or primary residence. Perfect for Section 8. There can be a 4th unit which is a studio but currently down to the studs. Phoenix allows ADU's for a great added value. Priced to sell--don't miss this opportunity! See Private Remarks.

2045 W Washington Street, Phoenix
$394,900
3 Beds ⋅ 2 Baths ⋅ 6991437 MLS ⋅ 1,682 SqFt.
Beautiful 3-bedroom, 2-bath home built in 2015 offering approximately 1,682 sq ft of well-designed living space on a spacious 7,000 sq ft lot just minutes from DOWNTOWN Phoenix.. Features an open-concept layout with abundant natural light and seamless flow between living, dining, and kitchen areas. Recent upgrades include a new roof (2025), A/C only 10 years old, remodeled bathroom, new tile flooring, and fresh interior and exterior paint. The exterior offers an RV gate with ample space for parking, toys, or future possibilities, plus a generous backyard ready to customize. Move-in ready and full of potential for new homeowners or investors! MORE PICTURES COMING SOON!

2201 W Adams Street, Phoenix
$465,000
4 Beds ⋅ 3 Baths ⋅ 6982916 MLS ⋅ 1,593 SqFt.
zoning allows for 5 units. beautifully updated.move in ready.owner/agent has never occupied property.no spds/clue available.lots of prking at the front,rear,& side street.owner/agent is an az active licensed realtor/bldr.iron gate with code lock and iron automobile gate w/remote. All new appliances from spencers.reverse osmosis water,all new plumbing fixtures, outlets,and light fixtures. All new Ring security system included. All new flooring.Future light rail in walkg distance.Can add a larger elect alley access gate,exist manual alley gate is 10' wide. Self contained detached 240 sf studio in the backyard.new cabs/quartz cntrtps. On SUPRA. Sold in as is condition. Currently, rented at $2150 per month. 12 month lease. Tenant pays all utilities.

2002 W Adams Street, Phoenix
$199,000
6871932 MLS
Prime Corner vacant lot situated on Jefferson Street within the Capitol Addition subdivision less than ten minutes from downtown Phoenix. The zoning of this lot accommodates multi-family property development, presenting an excellent opportunity for a new construction project, whether for investment purposes or owner occupancy with the potential for supplementary income from additional units. Its advantageous position offers close proximity to several key landmarks, including the Arizona Capitol Museum, the Children's Museum of Phoenix, Japanese Friendship Garden of Phoenix. and the Phoenix Convention Center. The property is also located within a few blocks of the Phoenix Suns Arena and the Chase Field Convenient access to the I-17, I-10, and SR 51 freeways

2203 W Jefferson Street Unit 1, Phoenix
$899,900
6785949 MLS
EXCEPTIONAL INVESTMENT OPPORTUNITY IN PRIME LOCATION! This 17-21 unit, two-story property, built in 1952, offers an outstanding value-add opportunity for savvy investors. The unit mix includes 17 studio apartments, a manager's quarters, and a front office. With interiors currently vacant and ready for renovation, this property is a blank canvas awaiting your vision. PRIME LOCATION ADVANTAGES: Strategic Access: Situated near US 60/Grand Avenue with easy connections to I-10, I-17, and Loop 202 for seamless commutes across the city. FUTURE GROWTH POTENTIAL: A planned light rail extension along Van Buren will place this property in a key transit-oriented area, enhancing accessibility and desirability. CONVENIENT PROXIMITY:Located just one mile west of downtown Phoenix and minutes from Phoenix Sky Harbor Airport, this property is ideally positioned for tenants seeking urban convenience. While the property requires a full remodel to address deferred maintenance, its competitive list price reflects its incredible upside potential. This is your chance to reimagine and revitalize a property in a thriving area with high rental demand. Visualize the Potential: To help showcase the property's possibilities, the listing may include virtually renovated photos, giving you a glimpse into how this space can be transformed into a modern, income-generating asset. Don't let this rare investment opportunity slip awayact quickly, as it won't last long!

1945 W Van Buren Street, Phoenix
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