110 N 33RD Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 0 bed, 0 bath
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Phoenix, AZ 85009
Analysis of 110 N 33RD Avenue, Phoenix, AZ 85009 is currently available with a list price of $362,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1953, this distressed 4-unit property is currently unlivable and mid-renovation. While some units show new flooring and partial tile work, others have significant safety issues including exposed electrical wiring, missing fixtures, and large holes in the walls. The listing explicitly states it is a distressed asset requiring full renovation to address deferred maintenance.
Ideally situated near major transit arteries including US-60, I-10, and I-17, providing tenants with seamless access to Downtown Phoenix and Sky Harbor International Airport.
With all four units currently vacant, investors have a blank canvas to perform full renovations and immediately capture market-rate rents without tenant displacement issues.
The property is positioned within a growing transit-oriented corridor, benefiting from a planned light rail extension that is expected to drive long-term property value and demand.
As a distressed asset requiring significant renovation to address deferred maintenance, the property demands substantial upfront capital and construction management.
At only 960 total square feet for four units, the extremely compact unit sizes may limit the tenant profile and long-term rental premium compared to larger one-bedroom offerings.
EXCEPTIONAL INVESTMENT OPPORTUNITY IN A PRIME LOCATION! This single-story, four-unit multifamily property, built in 1953, presents an outstanding value-add opportunity for investors. The property features four 1-bedroom, 1-bath units, all currently vacant and ready for renovation, providing a blank canvas to maximize your investment vision. Prime Location: Conveniently located near US-60 (Grand Avenue) with easy access to I-10, I-17, and Loop 202, offering seamless connectivity throughout the Phoenix metro area. Future Growth Potential: A planned light rail extension along Van Buren is expected to further enhance accessibility and position this property within a growing transit-oriented corridor. Excellent Convenience: Just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport, making it an attractive location for future tenants seeking easy access to employment, entertainment, and transportation. The property requires renovation to address deferred maintenance, and the competitive list price reflects this exceptional opportunity. With strong rental demand and significant upside potential, this is your chance to transform a distressed asset into a high-performing investment.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 0.0 | 0.0 |
| Square foot | 960 | - |
| Lot Size | - | - |
| Price | $362.0K | $228.9K |
| Price per sq ft | $377 | $256 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 4774 |
Jul 20, 2026
$362,000
Initial Listing