1331 E APOLLO Road, Phoenix, AZ 85042, Phoenix, 85042 - 4 bed, 2 bath
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Phoenix, AZ 85042
This property presents a High-Potential Investment Opportunity with a List Price of $305,000—positioned well below the $318,606 Fair Market Value by 4%. This valuation gap offers $13,606 in Instant Equity for buyers willing to execute a renovation plan. While the home has a Fair Condition Rating requiring cosmetic updates, the 4-bedroom floor plan provides a solid foundation for forced appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking to build value through sweat equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1331 E APOLLO Road Subject | $305,000* List Price | 4 | 2 | 1,392 | $229 | - |
A 718 E CARTER Road E Sold | $222,000 | 3 | 2 | 1,364 | $163 | 0.7 mi |
B 1653 E VINEYARD Road Sold | $395,000 | 3 | 2 | 1,758 | $225 | 0.4 mi |
C 1920 E SAINT CATHERINE Avenue Sold | $374,000 | 3 | 2 | 1,664 | $225 | 0.7 mi |
D 1621 E DARREL Road Pending | $335,000 List Price | 3 | 2 | 1,199 | $279 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1999, this 25-year-old property falls into the 'Fair' category as it is over 20 years old and shows clear signs of being dated. The interior images reveal heavily stained and worn carpeting that requires immediate replacement, and the listing description explicitly states the home needs cosmetic updates and TLC. While the structure appears solid, the kitchen and baths likely feature original 90s finishes, necessitating modernization to meet current market standards.
Priced competitively at $305,000, this 4-bedroom home offers significant sweat equity potential for first-time buyers or investors looking to build value through cosmetic updates.
Situated near 16th Street and Baseline Road, the property provides excellent proximity to major freeways, shopping, and dining, ensuring a convenient lifestyle for commuters.
The 1,392-square-foot floor plan efficiently accommodates four bedrooms, providing a solid foundation and ample space for growing families or those needing a home office.
The property is noted to need 'TLC' and cosmetic updates, which will require immediate additional capital investment from the buyer to bring the home to modern standards.
The assigned elementary school has a very low rating (1/10), which may be a deterrent for families prioritizing high-performing educational districts and could impact future resale appeal.
Great home located in South Phoenix near 16th Street and Baseline Road, this 4-bedroom, 2-bathroom home, built in 1999, offers a great opportunity to create a space that reflects your personal style. Featuring a functional floor plan and solid construction, this home is ready for cosmetic updates and TLC to bring out its full potential. Excellent for first-time buyers, downsizing, or simply looking for a home you can update over time, this property provides a great foundation. Conveniently located near schools, parks, shopping, dining, and major freeway access, a location that makes everyday living easy.
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,392 | - |
| Lot Size | 5,467 | - |
| Price | $305.0K | $495.4K |
| Price per sq ft | $219 | $290 |
| Built year | 1999 | 0 |
| HOA | $63 | $0 |
| Days on market | 3 | 1260 |
Jul 24, 2026
$305,000
Initial Listing