1130 E Colter Street, Phoenix, AZ 85014, Phoenix, 85014 - 4 bed, 3 bath
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Phoenix, AZ 85014
This property presents a Strong Value Opportunity with a List Price of $575,000—positioned well above the $546,014 Fair Market Value by 5%. While the list price exceeds the current valuation, the Permitted ADU and Significant Infrastructure Upgrades like copper plumbing and a newer HVAC system provide a solid foundation for value-add projects. Given the Fair Condition Rating of 5, this asset requires interior renovation to reach its full potential. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible, multi-unit property in the Uptown Corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1130 E Colter Street Subject | $575,000* List Price | 4 | 3 | 1,995 | $274 | - |
A 1404 E MARSHALL Avenue Sold | $425,000 List Price | 3 | 3 | 1,961 | 0.5 mi | |
B 1202 E PALO VERDE Drive Sold | $429,900 List Price | 3 | 2 | 1,782 | 0.7 mi | |
C 6035 N 10th Place Active | $525,000 List Price | 3 | 2 | 1,938 | $271 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1950 and sold as-is, the property requires a full interior rehab. While major systems like HVAC and plumbing have been updated, the visual evidence shows a kitchen with exposed pipes and missing cabinetry, unfinished flooring, and significant cosmetic neglect consistent with a need for professional renovation.
Situated in the highly desirable Uptown Corridor, the property offers exceptional access to major highways, trendy dining like The Henry, and the Biltmore area.
The 488 sq ft attached dwelling unit with its own kitchen and bathroom provides versatile options for rental income, a home office, or multigenerational living.
Recent updates including copper plumbing, a newer dual 3-ton Trane HVAC system, and a tankless water heater offer peace of mind and reduced immediate maintenance costs.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1995, other record living area = 1957.
The property is being sold in as-is condition, which may necessitate additional buyer investment for cosmetic updates or repairs not covered by the seller.
Built in 1950, the home may feature older architectural elements or layout constraints that might require modernization to meet contemporary aesthetic preferences.
Charming 1950s home in the highly desirable Uptown Corridor of Central Phoenix! Recently appraised and being sold as-is, this property offers 1,995 sq ft of livable space, including a 1,507 sq ft main home with 3 bedrooms and 2 bathrooms, plus a permitted 488 sq ft attached dwelling unit featuring 1 bedroom, 1 bathroom, and a kitchen. Major updates include copper plumbing, a newer dual 3-ton Trane gas pack, with an additional evaporative cooling system, and a newer tankless water heater. Enjoy quick access to SR-51, The Henry, Provision Coffee, Berdena's at The Fred, Uptown Plaza, Biltmore Plaza, Downtown Phoenix just 15 minutes away, and SO MUCH MORE!!!. An exceptional opportunity for investors, multigenerational living, or owner-occupants seeking flexibility and value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,995 | - |
| Lot Size | 7,667 | - |
| Price | $575.0K | $495.4K |
| Price per sq ft | $288 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 47 | 1260 |
Jun 5, 2026
$575,000
Initial Listing