541 W PALM Lane, Phoenix, AZ 85003

$899,999
Property Type: Residential Bedrooms: 4 Baths: 3 Square Footage: 2,415 Lot Size (sq. ft.): 8,715 Status: Active
Current Price: $899,999 List Date: 3/12/2026 Last Modified: 3/19/2026

Overview

Description

WELCOME TO WILLO! Located on the iconic Palm Lane, this rare historic property is zoned multi-family and offers TWO HOUSES! The main house features 3 bedrooms plus an office and 2 bathrooms. Beautiful archways, original niches, and beautiful historic details have been preserved throughout while also being modernized and enhanced with designer details. Large rooms, great storage and a fantastic floor plan with a massive primary suite. As you step outside, you'll discover a large covered patio, beautiful lush green landscaping & a complete SECOND HOME in the backyard with its own kitchen, bathroom, laundry and designated parking. This property is one of a kind and an amazing INVESTMENT opportunity to live in one and rent the other! Walking distance to all your Midtown & Downtown favorites!

Listing Details MLS# 6986551

Location, Tax & Legal

House Number
541
Compass
W
Street Name
PALM
St Suffix
Lane
City/Town Code
Phoenix
State/Province
AZ
Zip Code
85003
Zip4
1129
County Code
Maricopa
Assessor Number
118-57-037
Subdivision
NORTH KENILWORTH BLKS 1 THROUGH 8
Tax Year
2025
Assessor's Map #
57
Legal Description (Abbrev)
N KENILWORTH LOTS 19 & 20 BLK 2 EX E 60' OF LOT 19 & EX E 60' OF LOT 20 EX W 7' TH/OF FOR RD
Assessor's Parcel #
37
Tax Municipality
Phoenix
Taxes
2210

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
4
Full Bathrooms
3
Total Bathrooms
3
Approx SQFT
2415
Price/SqFt
372.67
Guest House SqFt
600
Horses
N
Builder Name
Unknown
Year Built
1940
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
8715
Approx Lot Acres
0.2
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
Yes
Fireplaces Total
Yes
Elementary School District
Phoenix Elementary District
High School District
Phoenix Union High School District
Elementary School
Kenilworth Elementary School
Jr. High School
Kenilworth Elementary School
High School
Central High School
Half Bathrooms
0

Remarks Misc

Cross Street
Palm Lane & 5th AVe
Directions
Heading South on 5th Ave, Turn right onto Palm Lane. Home is the last home on the south side of the street.

Legal Info

Township
2N
Range
3E
Section
32
Lot Number
19

Basement

Basement Y/N
N

More Information

Parking Spaces

Slab Parking Spaces
5
Total Covered Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes

Special Listing Cond

N/A
Yes

Construction

Brick
Yes

Const - Finish

Painted
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

Supra
Yes

Architecture

Contemporary
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Double Vanity
Yes

Fireplace Features

Fireplace Living Rm
Yes

Flooring

Tile
Yes
Wood
Yes

Community Features

Historic District
Yes

Dining Area

Formal
Yes

Heating

Natural Gas
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Gas Range
Yes
Refrigerator
Yes
Walk-in Pantry
Yes
Quartz Countertops
Yes

Cooling

Central Air
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes

Separate Den/Office

Sep Den/Office Y/N
Y

Fencing

Block
Yes

Water Source

City Water
Yes

Exterior Features

Pvt Yrd(s)/Crtyrd(s)
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

New Financing

Cash
Yes
VA
Yes
Conventional
Yes

Utilities

APS
Yes
SW Gas
Yes

Existing 1st Loan

Conventional
Yes

Property Description

North/South Exposure
Yes
Alley
Yes

Landscaping

Grass Front
Yes
Grass Back
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Architecture: Contemporary Master Bathroom: Full Bth Master Bdrm; Double Vanity Fireplace Features: Fireplace Living Rm Flooring: Tile; Wood Spa: None Community Features: Historic District Dining Area: Formal Kitchen Features: Gas Range; Disposal; Dishwasher; Refrigerator; Walk-in Pantry; Quartz Countertops Laundry: Washer Included; Dryer Included Exterior Features: Pvt Yrd(s)/Crtyrd(s) Construction: Brick Const - Finish: Painted Roofing: Composition Cooling: Central Air Heating: Natural Gas Utilities: APS; SW Gas Water Source: City Water Sewer: Sewer - Public Fencing: Block Property Description: North/South Exposure; Alley Landscaping: Grass Front; Grass Back Showing Notification Methods: Text Lockbox Type: Supra Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Conventional New Financing: Cash; VA; Conventional Disclosures: Seller Discl Avail
Listing Office: HomeSmart
IDX
Last Updated: March - 19 - 2026
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