Phoenix Homes under $400,000

Welcome to Phoenix, Arizona—a vibrant city that perfectly blends urban sophistication with breathtaking natural beauty. Nestled in Maricopa County, Phoenix is known for its stunning desert landscapes, warm climate, and a rich tapestry of cultural experiences. With a population that continues to grow, this dynamic city offers an array of opportunities, from thriving job markets to an enticing culinary scene.

For those looking to invest in a home without breaking the bank, Phoenix is an excellent choice. The city boasts a diverse selection of homes available for under $400,000, making it an appealing option for first-time buyers, families, and investors alike. Whether you’re seeking a cozy single-family home, a modern townhouse, or a stylish condo, the options are plentiful. Many neighborhoods feature charming properties with spacious yards, perfect for enjoying the sunny Arizona weather.

Living in Phoenix means embracing an active lifestyle, with access to numerous parks, hiking trails, and outdoor activities. The nearby Camelback Mountain offers breathtaking views and invigorating hikes, while the city’s numerous golf courses cater to enthusiasts of all skill levels. Additionally, the vibrant arts and culture scene, including museums, galleries, and theaters, ensures there’s always something to explore.

With its affordable housing market and a wealth of amenities, Phoenix is more than just a place to live; it’s a place to thrive. Discover your new home in this sun-soaked city and experience the unique blend of comfort, community, and adventure that Phoenix has to offer!

Newest Phoenix Homes under $400,000

$345,000

3 Beds ⋅ 2 Baths ⋅ 7093536 MLS ⋅ 1,114 SqFt.

This is a fully remodeled home with 3 bedrooms and 2 full bathrooms. It features a new kitchen with granite countertops, new tile flooring, fresh texture and paint, updated light fixtures, and an open floor plan perfect for entertaining. The property is conveniently located near freeways for an easy commute.

2815 N 48th Lane, Phoenix

$399,000

3 Beds ⋅ 2 Baths ⋅ 7093492 MLS ⋅ 1,979 SqFt.

PAID OFF SOLAR! Room to spread out and a backyard built for Arizona living! This single-level home offers three bedrooms, two bathrooms, a separate den, and an expansive family room ideal for entertaining or relaxing. The kitchen features generous cabinet and counter space, a center island with open shelving, and an adjoining dining area. A distinctive freestanding fireplace brings character to the den, a flexible space for a home office or additional sitting room. The primary bedroom includes patio access and an ensuite bathroom with a glass-enclosed shower, marble-look tile, and contrasting black fixtures. The second bathroom features a tub with a coordinating tile surround. Outside, enjoy your own private pool, covered patio, and easy-care turf area, with ampl A spacious laundry room with cabinetry, tile flooring throughout much of the home, covered parking, and low-maintenance front landscaping round out this inviting Phoenix property.

3049 W Sunnyside Drive, Phoenix

$224,900

3 Beds ⋅ 2 Baths ⋅ 7093488 MLS ⋅ 1,349 SqFt.

Investor opportunity in South Phoenix! This 3-bedroom, 2-bath home offers a functional single-level layout and attached garage but requires substantial repairs and renovation. Ideal for an experienced investor, contractor, or buyer looking for a value-add project with the opportunity to restore, remodel, and personalize. Conveniently located near shopping, dining, parks, schools, and major roadways. Property is being offered in its current condition. Buyer to conduct all desired inspections and independently verify the property's condition and material facts.

922 W Saint Kateri Avenue, Phoenix

$300,000

3 Beds ⋅ 2 Baths ⋅ 7093468 MLS ⋅ 1,118 SqFt.

Discover the joy of owning this charming 3-bedroom home that perfectly blends comfort and convenience! Welcoming living room flows seamlessly into the dining area, creating an inviting setting for everyday living and entertaining guests. The kitchen comes with stainless steel appliances, subway tile backsplash, granite counters, and plenty of cabinetry. Retreat to the primary bedroom, complete with a private bathroom, bringing ease to your daily routine. Venture to the spacious backyard, where a covered patio and pergola provide the ideal spot for outdoor dining, weekend gatherings, or simply relaxing. Two storage sheds offer additional space for tools, equipment, and outdoor essentials. Hurry! Make it yours while it's still available!

3416 W Montecito Avenue, Phoenix

$325,000

5 Beds ⋅ 3 Baths ⋅ 7093436 MLS

{ INVESTOR ALERT } 3 Units with lots of parking!! Main home is a 2 Bedroom, 1 Bath approx 1080 Sqft with new windows installed as of Sept 2026! Next Unit is another 2 Bedroom, 1 Bath approx 780 Sqft with easy access from the alley! Third unit is a studio with a full bathroom and kitchen approx 336 Sqft. Tandem parking in driveway accessible from the street and extra parking accessible from the alley. Great location in central Phoenix near a major university, freeway, community bus routes, and shopping.

2516 W Pierson Street, Phoenix

$325,000

3 Beds ⋅ 2 Baths ⋅ 7093422 MLS ⋅ 1,175 SqFt.

Your Own Backyard Paradise in the Heart of Phoenix - No HOA! Welcome to this inviting 3-bedroom, 2-bathroom home featuring a spacious open floor plan, a 2-car garage, and an incredible backyard designed for enjoying the Arizona lifestyle! Step inside to discover a bright, welcoming living space that flows into a generously sized kitchen featuring beautiful granite countertops, abundant cabinetry, stainless steel appliances, and plenty of counter space for cooking, entertaining, and everyday living. The bathrooms have been partially updated, adding comfort and appeal. But the real showstopper is the backyard! Your private outdoor paradise features a sparkling swimming pool, three separate patio and seating areas, mature landscaping, and plenty of room to relax, entertain, or soak up the Arizona sunshine. Whether you're hosting weekend barbecues, enjoying your morning coffee under the covered patio, or cooling off in the pool on a warm summer day, this backyard is made for creating memories. A spacious storage shed provides additional room for tools, equipment, and seasonal belongings. Enjoy the benefits of **NO HOA**, low-maintenance desert landscaping, and a spacious driveway with room for RV parking! The easy-care front yard adds curb appeal without the upkeep of a traditional lawn. Conveniently located with access to the Loop 202 South Mountain Freeway and other major transportation routes, this home puts you within easy reach of Phoenix Sky Harbor International Airport, Arizona Mills, Tempe, Downtown Phoenix, shopping, dining, and entertainment. A sparkling pool, an entertainer's backyard, RV parking, and NO HOA--all in a convenient Phoenix location Don't miss the opportunity to make this Arizona retreat your own!

4143 E Burgess Lane, Phoenix

$400,000

3 Beds ⋅ 2 Baths ⋅ 7093401 MLS ⋅ 1,660 SqFt.

Soaring ceilings and sleek finishes set a bright, modern tone, anchored by a low maintenance mix of tile and plush carpet. A wide open floor plan invites effortless entertaining, perfectly balanced by a smart split layout that gives everyone their own quiet corner. The heart of the home features pristine countertops, a spacious island with a breakfast bar, stainless appliances, and a massive pantry. Your private primary retreat features a barn door, a full bath, an expansive closet, and dedicated storage for total serenity. Enjoy your personal backyard oasis with a covered patio, sleek custom pavers, and lush, hassle free artificial grass. Thoughtfully designed for real life, complete with an eat in dining area and a dedicated laundry room.

3259 W Carter Road, Phoenix

3131 W Cochise Drive Unit Unit 148, Phoenix

$145,000

1 Beds ⋅ 1 Baths ⋅ 7093396 MLS ⋅ 728 SqFt.

Discover comfort and convenience in this charming first-floor 1-bedroom condo, perfectly located near schools, shopping, and everyday essentials. Ideal for anyone seeking a low-maintenance lifestyle, this home offers unbeatable value with lights, water, sewer, and trash all included in the HOA fee; simplifying your monthly budget. Enjoy the ease of single-level living and a cozy layout that's ready for your personal touch. Whether you're a first-time buyer, downsizing, or looking for a lock-and-leave property, this condo delivers affordability and location in one neat package. With utilities covered and proximity to everything you need, this home is a smart choice for buyers who appreciate practicality and potential.

3131 W Cochise Drive Unit Unit 148, Phoenix

$275,000

2 Beds ⋅ 2 Baths ⋅ 7093371 MLS ⋅ 1,272 SqFt.

Situated on an oversized 11,000+ sq. ft. lot in North Phoenix, this 2-bedroom, 2-bath manufactured home has 1,272 sq. ft. of living space and plenty of potential. The family room features vaulted ceilings with exposed wood beams, and the kitchen has generous cabinet storage. The primary bedroom has a private bath, and there's also an indoor laundry room. The oversized, fenced backyard has a large covered patio and plenty of space for additional landscaping or outdoor improvements. A two-car garage, two-car carport, and two attached storage areas, including one with built-ins, provide ample parking and storage. Convenient access to Loop 101. The home is clean and ready for updates, with the added benefit of owning the land.

401 E Michigan Avenue, Phoenix

4444 E Paradise Village Parkway Unit 217, Phoenix

$269,000

2 Beds ⋅ 2 Baths ⋅ 7093335 MLS ⋅ 1,000 SqFt.

Beautifully remodeled 2 bedroom, 2 bath condo in the gated Paradise Park community! Offering approximately 1,000 sq ft, this inviting home features a spacious great room layout, new flooring throughout, fresh interior paint, updated fixtures and lighting. The redesigned kitchen shines with quartz countertops, new appliances and abundant cabinetry, while both bathrooms have been completely remodeled. Enjoy outdoor living on the covered patio/balcony, plus the convenience of in-unit laundry. Community amenities include a pool, heated spa, fitness center and clubhouse. Walk across the street to the exciting new PV Phoenix, the newest PV urban center offering great restaurants, solons, shopping & entertainment. Also next to huge park with running trails, picnic areas, playgrounds and more. Home is perfect for a primary residence, investment property or lock and leave second home. Located in the highly rated Paradise Valley school system, and just minutes away from the 51 and 101 freeways, Kierland, Desert Ridge and Scottsdale Quarter entertainment districts, and just 20 minutes from downtown and Sky Harbor airport. Home is a MUST SEE!

4444 E Paradise Village Parkway Unit 217, Phoenix

$365,000

4 Beds ⋅ 3 Baths ⋅ 7093305 MLS ⋅ 2,138 SqFt.

Welcome to this Smart Home with a 4-bedroom functional floor plan and plenty of space for everyday living. A spacious primary suite includes a large bathroom and walk-in closet. In the kitchen, you'll find a center island, pantry, ample cabinetry, and plenty of counter space. A fireplace adds a comfortable touch to the living area. Outside, enjoy a spacious backyard with plenty of room to create a space that fits your needs, whether it's a play area, garden, entertaining space, or simply a place to relax. Conveniently located near shopping, parks, and newer schools, with easy access to major freeways. Come see the possibilities and make this home your own! Smart home including washer, dryer, refrigerator, doorbell, and thermostats and energy star appliances.

2623 W Atlanta Avenue, Phoenix

$150,000

2 Beds ⋅ 1 Baths ⋅ 7093223 MLS ⋅ 728 SqFt.

Discover comfort, convenience, and value in this inviting 2/1 condo in Phoenix! This charming 2-bedroom, 1-bathroom property offers approximately 728 sq. ft. of living space, this home features a functional layout, a modern kitchen, attractive wood-style flooring, comfortable bedrooms, and a convenient stacked washer and dryer. Enjoy a private patio perfect for relaxing outdoors, plus access to the community pool. Conveniently located near shopping, dining, entertainment, and major commuter routes, this property is ideal for first-time homebuyers, downsizers, or investors seeking an opportunity in West Phoenix. Don't miss your chance to make this home yours!

6816 N 35th Avenue Unit L, Phoenix

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