1128 E Pima Street, Phoenix, AZ 85034, Phoenix, 85034 - 2 bed, 2 bath
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Phoenix, AZ 85034
This Compact Residential Asset is a High-Potential Investment Opportunity listed at $160,000, reflecting a price point consistent with its $157,413 Fair Market Value. Explicitly requiring "hammer and nails," this property holds a Condition Rating of 5, offering substantial forced appreciation potential through a full rehabilitation. The 6,360-square-foot lot provides rare expansion possibilities near downtown Phoenix and the highly-rated Silvestre S Herrera School. This value-add project is perfectly suited for Fix-and-Flip Investors or Contractors targeting the city's developing urban core.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1128 E Pima Street Subject | $120,000* List Price | 2 | 2 | 689 | $228 | - |
A 1412 S 13TH Place Active | $188,100 List Price | 3 | 1 | 921 | $204 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1941, this property is explicitly marketed as a fixer-upper requiring 'hammer and nails.' The exterior shows significant wear, and the listing analysis indicates it is likely unsuitable for traditional financing, suggesting substantial rehabilitation is needed for the small 689 sqft structure.
Located in an up-and-coming neighborhood near downtown Phoenix and major sports arenas, this property offers excellent access to the city's primary entertainment and employment hubs.
Priced competitively at $160,000, this residence presents a significant opportunity for investors or renovation-minded buyers to build equity in a developing market.
The 6,360-square-foot lot provides substantial outdoor space and potential for future structural expansion, which is a rare find for a home at this price point.
Explicitly marketed as a fixer-upper requiring 'hammer and nails,' the property needs immediate and likely extensive repairs, making it unsuitable for traditional financing or move-in-ready buyers.
With only 689 square feet of living space, the interior layout is exceptionally compact, which may limit its appeal to larger households or those requiring modern storage solutions.
2bd 1ba Nice opportunity in an up and coming neighborhood. Close to sports arenas and downtown activities. Come with your hammer and nails.
No exterior & parking available.
Grades K-3 • 2.7 mi
Grades PK-6 • 3.4 mi
Grades PK-5 • 5.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 689 | - |
| Lot Size | 6,360 | - |
| Price | $120.0K | $495.4K |
| Price per sq ft | $174 | $290 |
| Built year | 1941 | 0 |
| HOA | $0 | $0 |
| Days on market | 152 | 1260 |
Jul 3, 2026
$120,000
$160,000
-25% Price Drop
Initial Listing
Feb 20, 2026
$160,000
Initial Listing