
Phoenix, AZ 85041
This property presents a High-Potential Investment Opportunity with a List Price of $219,900—positioned well below the $214,910 Fair Market Value by -2%. Featuring a 6-bedroom, 3-bathroom layout with a detached studio, this asset offers significant value-add potential. Given its Condition Rating of 5, the property requires a full renovation, making it a prime candidate for Buy-and-Hold Investors or Contractors. The large 8,263 sqft lot and flexible zoning provide a unique foundation for high-yield rental strategies in the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1312 W SUNLAND Avenue Subject | $219,900* List Price | 6 | 3 | 1,892 | $114 | - |
A 1324 W PECAN Road Pending | $180,000 List Price | 4 | 2 | 1,640 | $110 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1947 with no evidence of modern updates. The property shows significant signs of neglect including boarded-up windows, ceiling damage, and graffiti. The kitchen and bathrooms require a full gut renovation, and the reliance on window AC units suggests outdated or non-functional HVAC systems.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8263, living area = 1892.
The rare configuration of 6 bedrooms plus a detached studio with its own kitchen offers exceptional flexibility for multi-generational living or high-yield rental opportunities.
Priced at $219,900, this property represents a highly competitive entry point into the Phoenix market, offering significant square footage and bedroom count for the price.
Built in 1947 and marketed as having 'unlimited potential,' the home likely requires a substantial capital investment to modernize its aging systems and interior finishes.
Fitting 6 bedrooms into 1,892 square feet suggests that individual room sizes are likely very small, which may compromise the overall flow and comfort of the living space.
Don't miss this incredible opportunity to own a spacious property in the heart of Phoenix! This unique home offers 6 bedrooms, 3 bathrooms, plus a detached studio with its own kitchen. The property features a roll-back front metal gate entry, generous slab parking, and convenient rear alley access for added flexibility and functionality. With endless possibilities and plenty of space, this property is ready to be transformed into your dream home or investment opportunity. Conveniently located near shopping, dining, schools, parks, and major freeway access, you'll enjoy easy access to downtown Phoenix, South Mountain recreation areas, and nearby entertainment venues. A rare find with room to grow and unlimited potential!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 3.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 98% |
| Baths | 3.0 | 2.0 | 60% |
| Square foot | 1,892 | 1,760 | 56% |
| Lot Size | 8,263 | 6,576 | 81% |
| Price | $219.9K | $347.0K | 33% |
| Price per sq ft | $116 | $192 | 32% |
| Built year | 1947 | 2004 | 5% |
| HOA | $0 | $67 | 31% |
| Days on market | 16 | 742 | 0% |
May 27, 2026
$219,900
Initial Listing