Phoenix Homes under $400,000

Welcome to Phoenix, Arizona, a vibrant and sun-soaked city nestled in the heart of Maricopa County. Known for its stunning desert landscapes, rich cultural heritage, and a lively arts scene, Phoenix offers a unique blend of urban living and outdoor adventure. With over 300 days of sunshine each year, residents enjoy a warm climate that’s perfect for exploring the city’s renowned parks, hiking trails, and golf courses.

For those seeking affordable housing options, Phoenix is a treasure trove of homes under $400,000. The real estate market here is diverse, featuring charming single-family homes, modern townhouses, and cozy condos, all at competitive prices. Whether you’re a first-time homebuyer, looking to downsize, or searching for an investment property, you’ll find a variety of options that cater to different lifestyles and budgets.

The neighborhoods in Phoenix are as diverse as its residents. From the bustling energy of downtown, with its trendy eateries and vibrant nightlife, to the serene suburbs that offer family-friendly amenities and excellent schools, there’s a perfect spot for everyone. The city is also known for its strong sense of community and welcoming atmosphere, making it an ideal place to call home.

In addition to its affordable housing market, Phoenix boasts a thriving job market, excellent healthcare facilities, and an array of educational opportunities. With its beautiful weather and endless recreational activities, it's no wonder that Phoenix is one of the fastest-growing cities in the country. Come discover all that this dynamic city has to offer!

Newest Phoenix Homes under $400,000

1717 E Union Hills Drive Unit 1095, Phoenix

$315,000

2 Beds ⋅ 2 Baths ⋅ 7089364 MLS ⋅ 1,160 SqFt.

Beautiful home at 1717 E Union Hills Dr! New kitchen appliances

1717 E Union Hills Drive Unit 1095, Phoenix

$329,900

3 Beds ⋅ 2 Baths ⋅ 7089354 MLS ⋅ 1,128 SqFt.

Tenant-occupied investment opportunity near Tempe with an existing lease through 6/30/2027. Single-level home with an open great-room layout, wood-look flooring throughout much of the interior, white shaker-style kitchen cabinetry and decorative tile backsplash. Spacious private backyard offers grass, low-maintenance landscaping and a pergola-covered patio. A 2-car covered carport provides off-street parking. No HOA and easy access to I-10, Sky Harbor, ASU, Arizona Mills and Tempe Diablo Stadium. Skip the initial vacancy and tenant-placement process. Ideal for a buy-and-hold investor seeking rental income from day one and future flexibility at lease expiration.

4708 E La Salle Street, Phoenix

16013 S Desert Foothills Parkway Unit 2006, Phoenix

$245,000

1 Beds ⋅ 1 Baths ⋅ 7089285 MLS ⋅ 698 SqFt.

Welcome to San Simeon in the beautiful Phoenix Foothills! This charming 1-bedroom, 1-bath condo is located on the 2nd floor, offering added privacy with no neighbors above and beautiful mountain views from your private balcony. Recent updates include newer A/C, flooring and a remodeled bathroom. Enjoy the community amenities and a monthly HOA fee of under $200. Assigned covered parking adds convenience. **Seller is offering to have the property professionally painted in the buyer's choice of colors**, making it easy to personalize your new home. A peaceful Foothills location with easy access to shopping, dining and major freeways!

16013 S Desert Foothills Parkway Unit 2006, Phoenix

$369,900

4 Beds ⋅ 2 Baths ⋅ 7089228 MLS ⋅ 1,733 SqFt.

Welcome to this charming and inviting 4-bedroom, 2-bathroom home offering 1,733 sq. ft. of comfortable living space. Thoughtfully designed with plenty of room for family, guests, and everyday living, this home offers a warm and welcoming atmosphere from the moment you arrive. The home layout provides flexibility for bedrooms, a home office, or additional living space to fit your lifestyle. Outside, enjoy a generous double carport** for convenient covered parking, along with an *access gate to the rear of the property*, providing added convenience for vehicles, storage, or backyard access. With its inviting curb appeal, functional floor plan, and convenient outdoor features, this property is ready to welcome its next owner. **Come see all that this wonderful home has to offer you!

4720 N 49th Drive, Phoenix

$399,900

3 Beds ⋅ 2 Baths ⋅ 7089189 MLS ⋅ 1,776 SqFt.

Classic Hallcraft Ranch! A move-in-ready 3-bedroom, 2-bathroom red-brick home is perfectly blending vintage charm with modern efficiency. The open floor plan features upgraded flooring, fresh paint, doors, dual-pane windows with screens/coverings, and wood-burning fireplace. A built-in Murphy bed provides options for guests or office. The remodeled kitchen and bathrooms have upgraded appliances and modern finishes. Enjoy low electric bills year-round thanks to a 5-kW solar system, 16 Seer HVAC, ceiling fans, and a programmable thermostat. The backyard features a diving pool, covered pergola, artificial turf, and desert landscaping. Out front, enjoy a circular driveway with a shaded carport, a 1-car garage, and Tuff Sheds equipped with electricity--ideal for a workshop or extra storage.

3638 W Krall Street, Phoenix

$139,900

2 Beds ⋅ 1 Baths ⋅ 7089135 MLS ⋅ 864 SqFt.

Investor Opportunity in Central Phoenix! This 2-bedroom, 1-bath condo in the Encanto Garden Townhouses offers great potential for an investor or buyer looking to renovate and make it their own. The functional floor plan features an original kitchen that flows into the dining area and spacious living room, with both bedrooms and the full bathroom located just down the hall. Step outside to the large enclosed patio, offering additional space to relax, entertain, or create your own private retreat. A major improvement includes a newer A/C unit installed in 2022. Property is sold as-is. Conveniently located near Encanto Park, Encanto Golf Course, and Phoenix College, with easy access to Downtown Phoenix, shopping, dining, entertainment, and major roadways. Bring your vision and transform this centrally located condo into a fantastic investment or new home!

2953 N 19th Avenue Unit 49, Phoenix

$389,900

4 Beds ⋅ 2 Baths ⋅ 7089119 MLS ⋅ 960 SqFt.

Welcome home! This beautifully updated property offers a fresh, modern interior with stylish finishes throughout. The bright kitchen features crisp white cabinetry, sleek countertops, stainless steel appliances, recessed lighting, and contemporary black fixtures. The updated bathroom showcases clean finishes and a modern vanity. Enjoy an open, inviting living space with plenty of natural light, plus a spacious backyard with lots of potential for entertaining, gardening, or creating your own outdoor retreat. The gated front yard and attached garage add convenience and functionality. Move-in ready and waiting for its new owner!

3820 W Encanto Boulevard, Phoenix

749 E Montebello Avenue Unit 229, Phoenix

$189,000

2 Beds ⋅ 2 Baths ⋅ 7089118 MLS ⋅ 840 SqFt.

Central Corridor location! Beautiful gated community at Montebello Gardens! This charming second-level unit features a large front porch, lush landscaping, and a light, open floor plan. Two spacious bedrooms and two full baths, eat-in kitchen, three ceiling fans, and great views of the community greenery. Enjoy low-maintenance living with HOA services including water, sewer, gas, trash, exterior maintenance, roof replacement, and building insurance. Community pool! Ideally located near Route 51, Downtown Phoenix, Biltmore, shopping, dining, and entertainment. Madison School District. Limited neighbors and a peaceful setting make this a wonderful place to call home. Hurry--this one won't last long!

749 E Montebello Avenue Unit 229, Phoenix

$315,000

3 Beds ⋅ 2 Baths ⋅ 7089095 MLS ⋅ 1,120 SqFt.

Equipped with striking hardwood cabinets, elegant faux granite countertops, stainless steel appliances. Bright, inviting rooms with excellent natural light. Well landscaped front and back yard offer a relaxing retreat from your busy life.

2316 W Marlette Avenue, Phoenix

$190,000

2 Beds ⋅ 1 Baths ⋅ 7089056 MLS ⋅ 750 SqFt.

Welcome to your updated Central Phoenix charmer! This cozy 2 bed, 1 bath home has a great location. Just minutes from GCU, GCC, Metro center, and I-17 for an easy commute. Move-in ready and waiting for you!

9222 N 35th Avenue Unit 1, Phoenix

$299,000

2 Beds ⋅ 2 Baths ⋅ 7089053 MLS ⋅ 1,277 SqFt.

Step inside this 4th-floor residence at Tapestry on Central with amazing east facing views. A separate den greets you near the entry, providing a dedicated setup for a quiet home office. To the left, the kitchen features gas cooking and an adjacent indoor laundry room. The layout opens up to a split 2-bedroom design centered around a main living area with a gas fireplace. Step out onto the private balcony for city and mountain views. Includes 2 assigned spaces in the gated underground garage and full access to community amenities: heated pool, spa, sauna, and fitness center. Located in Midtown Phoenix directly across from the Encanto Light Rail station, steps from the Heard Museum, Phoenix Art Museum, and local dining.

2302 N Central Avenue Unit 404, Phoenix

$139,900

3 Beds ⋅ 2 Baths ⋅ 7089032 MLS ⋅ 1,452 SqFt.

Duplex Cash-only purchase; requires total renovation. No inspection or financing contingencies. No Buyer Premium. Information deemed reliable but not guaranteed; for informational purposes only, not a legal document. Buyer or Buyer's Agent to verify all material facts: figures, schools, dimensions, square footage, permits, etc.

1019 E Pima Street, Phoenix

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