1229 E DEVONSHIRE Avenue, Phoenix, AZ 85014, Phoenix, 85014 - 5 bed, 2 bath
Loading property details...
Phoenix, AZ 85014
This 5-bedroom single-family residence represents a Strong Value Opportunity, listed at $399,990—positioned well below the $426,502 Fair Market Value by 6%. This valuation gap offers $26,512 in Instant Equity. With a Condition Rating of 4, the home provides a functional foundation for cosmetic modernization. Featuring a large 7,011 sqft lot, solar panels, and a private patio, this property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility asset in a prime, no-HOA central Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1229 E DEVONSHIRE Avenue Subject | $399,990* List Price | 5 | 2 | 1,728 | $247 | - |
A 3644 N 15TH Street Sold | $475,000 | 4 | 2 | 1,738 | $273 | 0.5 mi |
B 3644 N 15TH Street Sold | $475,000 | 4 | 2 | 1,738 | $273 | 0.5 mi |
C 3021 N RANDOLPH Road Sold | $479,000 | 3 | 1 | 1,620 | $296 | 1.0 mi |
D 1405 E OSBORN Road Sold | $409,900 | 3 | 2 | 1,594 | $257 | 0.7 mi |
E 3620 N 12TH Street Sold | $365,000 | 3 | 2 | 1,336 | $273 | 0.5 mi |
F 1132 E WELDON Avenue Pending | $440,000 List Price | 3 | 2 | 1,546 | $285 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this nearly 50-year-old home is functional but dated. While it features some updates like stainless steel appliances and solar panels, the kitchen cabinetry, 12x12 tile flooring, and bathroom fixtures appear to be over 20 years old. The exterior landscaping is unfinished, and the overall interior aesthetic requires cosmetic modernization and minor repairs to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7011, living area = 1728.
Featuring 5 bedrooms, this property offers a rare amount of living space for the area, providing significant utility for large families or high-occupancy rental strategies.
Ideally situated near the Biltmore, Uptown Phoenix, and the Camelback Corridor, the home offers exceptional access to top-tier dining, shopping, and major transit routes like SR-51.
With 5 bedrooms configured within 1,728 square feet, individual room sizes may feel small or the overall floor plan could feel congested compared to standard layouts.
Built in 1977, the property may require modern cosmetic updates or system upgrades to meet the expectations of buyers looking for contemporary finishes in this competitive market.
Rare 5-bedroom home in a prime location with no HOA! Opportunities like this don't come around often. Ideally situated just minutes from the Biltmore, Uptown Phoenix, the Camelback Corridor, and some of the city's best dining, shopping, and entertainment, this home also offers convenient access to SR-51 and downtown Phoenix. With 5 bedrooms and 2 baths, you'll enjoy the extra space that's hard to find in this highly desirable area. Solar helps improve energy efficiency, and the sellers are willing to offer a credit toward the solar with a strong offer. Whether you're looking for room to grow or a well-located investment opportunity, this home combines space, convenience, and exceptional value in one outstanding package.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 7-8 • 2.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,728 | - |
| Lot Size | 7,011 | - |
| Price | $400.0K | $495.4K |
| Price per sq ft | $231 | $290 |
| Built year | 1977 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$399,990
Initial Listing