1117 E GWEN Street, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 2 bath
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Phoenix, AZ 85042
This property presents a High-Potential Investment Opportunity with a List Price of $429,900—positioned well below the $416,144 Fair Market Value by -3%. Featuring a Fair Condition Rating, this 1,967 sqft residence requires strategic capital improvements, including A/C replacement and pool restoration. The functional split floor plan and scenic mountain views provide a strong foundation for value-add renovations. This asset is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to capitalize on a significant renovation project in a desirable Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1117 E GWEN Street Subject | $429,900* List Price | 3 | 2 | 1,967 | $212 | - |
A 1210 E BETH Drive Sold | $400,000 | 3 | 2 | 1,984 | $202 | 0.1 mi |
B 8010 S 15TH Way Sold | $460,000 | 3 | 2 | 1,900 | $242 | 0.8 mi |
C 29 E EUCLID Avenue Sold | $345,000 | 3 | 2 | 1,701 | $203 | 0.8 mi |
D 1126 E PEDRO Road Sold | $396,000 | 3 | 2 | 1,625 | $244 | 0.1 mi |
E 1709 E Beverly Road Sold | $442,700 | 3 | 3 | 2,093 | $212 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2002 (22 years old), the property falls into the >20y age bracket. While it has 'great bones,' the listing and images confirm it is dated and requires significant repairs including a full A/C replacement, pool restoration, and new flooring in the primary suite.
As a short sale priced for investors and flippers, this property offers a significant opportunity to build equity through renovations in a desirable Phoenix location.
The 1,967 sqft layout features a versatile split-wing design with a den and primary suite separated from the other bedrooms, plus formal and family living areas.
The property boasts desirable mountain views and is situated on a generous 7,318 sqft lot, providing a strong foundation for future value appreciation.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 4.
The home requires immediate and costly capital improvements, including a full A/C replacement, primary bedroom flooring, and complete pool restoration.
Sold strictly in as-is condition via a short sale, the transaction may involve longer approval timelines and no seller concessions for necessary repairs.
1117 E Gwen St offers a fantastic opportunity for investors, flippers, or buyers looking to build equity over time! This short sale property is priced accordingly and features strong upside potential in a desirable Phoenix location. This home offers formal and family rooms, open kitchen, jack and jill bathrooms, 2 bedrooms on one side and den + primary room on other side, vinyl woodllike flooring th/out. The home does need repairs and updates, including A/C replacement, flooring in the primary bedroom, and pool restoration, making it ideal for someone ready to add their personal touch and vision. Spacious layout, generous lot size, and great bones provide the perfect foundation for renovation and future value appreciation. Whether you're looking for your next investment project or a chance to purchase below market value, this property presents incredible potential. Property sold AS-IS.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,967 | 1,870 | 57% |
| Lot Size | 7,318 | 7,200 | 53% |
| Price | $429.9K | $399.0K | 58% |
| Price per sq ft | $219 | $228 | 44% |
| Built year | 2002 | 2001 | 55% |
| HOA | $140 | $96 | 70% |
| Days on market | 29 | 1443 | 1% |
May 17, 2026
$429,900
Initial Listing