1341 W Apache Street, Phoenix, AZ 85007, Phoenix, 85007 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85007
This Remodeled Multifamily-Zoned Residence is a High-Potential Investment Opportunity, listed at $309,000—positioned well below the $365,991 Fair Market Value by 15%. This valuation gap provides $56,991 in Instant Equity. Boasting a Condition Rating of 2, the home features a refreshed kitchen, luxury vinyl flooring, and a versatile attached studio with a private entrance. While local schools carry a 3/10 rating, the multifamily zoning and central Phoenix location offer immense long-term appreciation. This is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 W Apache Street Subject | $309,000* List Price | 3 | 2 | 1,104 | $332 | - |
A 937 W COCOPAH Street Pending | $349,900 List Price | 3 | 2 | 1,352 | $259 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1956, the property has undergone an extensive recent renovation that brings it up to modern standards. The interior features new luxury vinyl plank flooring, a refreshed kitchen and bathrooms, modern ceiling fans, and a clean, contemporary aesthetic. The home is move-in ready with virtually new components throughout the living spaces.
The property is situated on a multifamily zoned lot, providing significant long-term investment upside and flexibility for future development or increased density.
An attached studio-style space with a private entrance offers versatile utility as a guest suite, home office, or potential rental income unit.
The home features a refreshed interior with updated flooring and remodeled kitchen and bathrooms, offering a move-in ready experience for owner-occupants.
The local public schools are rated 3/10, which may be a significant drawback for families prioritizing high-performing educational districts.
At just 1,104 square feet for a three-bedroom configuration, the individual room sizes and overall living space may feel constrained for larger households.
Beautifully remodeled home with a flexible attached studio style space on a multifamily zoned lot with strong long term upside. Main residence features updated flooring, refreshed kitchen and bath, and a clean move in ready feel throughout. The attached studio area offers a private entrance and works great as guest space, home office, or additional living area. Multifamily zoning offers future flexibility and value, buyer to verify intended uses. Convenient location in central Phoenix near neighborhood amenities and major arterial access. Great opportunity for an owner occupant or investor looking for flexibility and appreciation potential.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,104 | 1,511 | 19% |
| Lot Size | 5,000 | 7,355 | 6% |
| Price | $309.0K | $483.5K | 30% |
| Price per sq ft | $280 | $349 | 34% |
| Built year | 1956 | 1936 | 92% |
| HOA | $0 | $0 | 50% |
| Days on market | 57 | 1425 | 1% |
Apr 14, 2026
$309,000
Initial Listing