Capitol Addition Real Estate

Welcome to Capitol Addition, a charming subdivision nestled in the heart of Phoenix, Arizona. This vibrant community perfectly blends urban convenience with the warmth of suburban living, making it an ideal place for families, young professionals, and retirees alike.

Capitol Addition boasts a rich history and a diverse array of architectural styles, with homes that reflect the unique character of the area. Residents enjoy tree-lined streets and well-maintained parks, creating an inviting atmosphere for leisurely strolls and outdoor activities. The community is known for its friendly neighbors and strong sense of community, where local events and gatherings foster connections among residents.

Located in Maricopa County, Capitol Addition offers easy access to the best of Phoenix. With a variety of shopping, dining, and entertainment options just minutes away, residents can enjoy everything from trendy cafes to vibrant nightlife. The nearby downtown area is a hub of cultural attractions, including museums, theaters, and art galleries, ensuring there’s always something to explore.

For families, Capitol Addition is served by excellent schools and is in close proximity to recreational facilities, including parks and sports complexes. The area’s convenient location also allows for easy access to major highways, making commuting a breeze.

Whether you’re looking to buy your first home, invest in a rental property, or settle down in a welcoming neighborhood, Capitol Addition offers a unique blend of charm, convenience, and community spirit. Discover the joys of living in this delightful Phoenix subdivision and make it your new home today!

Newest Listings in Capitol Addition

$539,000

7039118 MLS ⋅ ACTIVE Status

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

Listing courtesy of Compass.

$275,000

2 Beds ⋅ 2 Baths ⋅ 7027259 MLS ⋅ ACTIVE Status

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

Listing courtesy of A.Z. & Associates.

$549,900

7008464 MLS ⋅ ACTIVE Status

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

Listing courtesy of Fathom Realty Elite.

$394,900

3 Beds ⋅ 2 Baths ⋅ 6991437 MLS ⋅ ACTIVE Status

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

Listing courtesy of eXp Realty.

$465,000

4 Beds ⋅ 3 Baths ⋅ 6982916 MLS ⋅ ACTIVE Status

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

Listing courtesy of Colonial Realty, LLC.

$199,000

6871932 MLS ⋅ ACTIVE Status

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

Listing courtesy of Russ Lyon Sotheby's International Realty.

$899,900

6785949 MLS ⋅ ACTIVE Status

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

Listing courtesy of JM Realty.

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