1140 N 32ND Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 1 bed, 1 bath
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1140 N 32ND Avenue
Phoenix, AZ 85009
ACTIVE
CONDITION: TEAR DOWN
1Beds
1Baths
400Sq Ft
9,135Lot Size
Property Price
LIST PRICE$155,000
SUMMARY
Analysis of 1140 N 32ND Avenue, Phoenix, AZ 85009 is currently available with a list price of $155,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Tear down
TeardownExcellent
Property is land value only, full reconstruction required.
Built in 1950 (74 years old) with no evidence of renovation, this 400 sqft structure is marketed as an 'Investor Special' for cash only. The listing emphasizes redevelopment potential and land value, suggesting the existing structure is unlivable and lacks functional systems.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9135, living area = 400.
- Development Potential
The expansive 9,135 sqft lot provides significant room for property expansion, ADU construction, or complete redevelopment in an established neighborhood.
- Investor-Friendly Pricing
Listed at $155,000, this property offers a low-cost entry point for investors seeking high-yield renovation, rental, or resale opportunities in the Phoenix market.
CONSRISKS & DEFICIENCIES
- Financing Restrictions
The requirement for cash-only offers and an as-is sale excludes buyers relying on traditional financing, significantly limiting the potential pool of purchasers.
- Limited Living Area
With only 400 square feet of living space, the current structure is undersized for most modern residential needs, necessitating substantial capital investment for expansion.
About 1140 N 32ND Avenue
INVESTOR SPECIAL - CASH ONLY! Investor opportunity in established neighborhood. Property being sold strictly AS-IS and priced for condition. Buyers to complete independent due diligence regarding condition, systems, and repair scope. Seller will make no repairs. This property offers tremendous potential for renovation, rental income, or resale. Conveniently located near schools, shopping, and major roadways. Excellent opportunity for investors seeking redevelopment, renovation, or hold potential. Highest and best offers encouraged. Cash and quick-close terms preferred.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1950
- Lot Size
- 9,135 Sq. Ft.
Interior
- Total Bedrooms
- 1
- Total Bathrooms
- 1 (1 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Phoenix Unified Schools
J B Sutton Elementary School
Grades K-5 • 0.2 mi
2/10
Isaac Middle School
Grades 6-8 • 0.5 mi
2/10
Carl Hayden High School
Grades 9-12 • 0.4 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 400 | 1,850.5 |
| Lot Size | 9,135 | 7,313 |
| Price | $155.0K | $481.7K |
| Price per sq ft | $388 | $289 |
| Built year | 1950 | 1987 |
| HOA | $0 | $175 |
| Days on market | 33 | 757 |
Pricing History
Listed for Sale
Jul 24, 2026
$155,000
Initial Listing