1101 E Ruth Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This Fully Renovated Mid-Century Modern is a Prime Investment Opportunity, listed at $625,000—positioned well below the $645,853 Fair Market Value by 3%. This valuation gap provides $20,853 in Instant Equity. Boasting a Mint Condition Rating, the home features a waterfall quartz kitchen, scenic mountain views, and a private pool. Currently operating as a successful short-term rental with no HOA, it offers a turnkey income stream or a stylish personal retreat. This versatile asset is ideal for Short-Term Rental Investors or Owner-Occupants seeking a move-in-ready sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1101 E Ruth Avenue Subject | $589,000* List Price | 3 | 2 | 1,977 | $298 | - |
A 8436 N 13TH Place Sold | $608,350 | 4 | 3 | 2,300 | $265 | 0.3 mi |
B 1123 E ALICE Avenue Sold | $430,000 | 4 | 2 | 1,267 | $339 | 0.1 mi |
C 1302 E Butler Drive Sold | $520,000 | 3 | 2 | 1,350 | $385 | 0.3 mi |
D 1237 E RUTH Avenue Sold | $478,000 | 3 | 2 | 1,260 | $379 | 0.2 mi |
E 314 E EL CAMINITO Drive Sold | $517,500 | 3 | 2 | 1,991 | $260 | 0.7 mi |
F 1002 E BUTLER Drive Sold | $565,000 | 4 | 2 | 1,596 | $354 | 0.2 mi |
G 1401 E GRISWOLD Road Sold | $525,000 List Price | 3 | 2 | 1,832 | 0.6 mi | |
H 1016 E MANZANITA Drive Sold | $469,500 List Price | 3 | 2 | 1,583 | 0.7 mi | |
I 1118 E DIANA Avenue Active | $530,000 List Price | 3 | 2 | 1,792 | $296 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property is a fully renovated home in mint condition, featuring a modern kitchen with waterfall countertops and stainless steel appliances, updated bathrooms with contemporary tile work, and fresh interior/exterior finishes. Although built in 1958, the high-end renovation appears to be less than 5 years old, making it a turnkey investment with no immediate maintenance required.
Currently operating as a successful short-term rental with the option to be sold fully furnished, this property offers an immediate, move-in ready income stream for investors.
The home features a complete interior renovation paired with desirable mountain views, blending contemporary aesthetic appeal with a premium Arizona landscape.
Situated in a sought-after North-Central Phoenix neighborhood with no association fees, providing owners with greater financial flexibility and fewer property restrictions.
The 6,142 square foot lot is relatively compact for a single-family residence in this price bracket, which may limit outdoor recreation space or future expansions.
Despite the modern aesthetic renovations, the 1958 original construction may present maintenance challenges typical of mid-century homes regarding underlying plumbing or electrical systems.
Located in North-Central Phoenix, this fully renovated home offers the perfect blend of style, functionality, and location. This 3 bed 2 bath home currently operating as a successful short-term, income-producing rental and can be sold fully furnished with a separate bill of sale, making it a true turnkey investment or personal retreat.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,977 | - |
| Lot Size | 6,142 | - |
| Price | $589.0K | $495.4K |
| Price per sq ft | $298 | $290 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 1260 |
Jul 9, 2026
$589,000
$599,000
-2% Price Drop
Initial Listing
Jun 16, 2026
$599,000
$614,000
-2% Price Drop
Initial Listing
May 30, 2026
$614,000
$625,000
-2% Price Drop
Initial Listing
Apr 21, 2026
$625,000
Initial Listing