
Phoenix, AZ 85007
This Remodeled Single-Family Residence is a High-Potential Investment Opportunity, listed at $319,000—positioned well below the $370,391 Fair Market Value by 13%. This valuation gap provides $51,391 in Instant Equity. The property holds a Mint Condition Rating following a comprehensive remodel of the kitchen, baths, and flooring. Featuring an attached studio with a private entrance and multifamily zoning, the asset offers significant rental versatility or future development upside in central Phoenix. This is an ideal acquisition for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors targeting appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1341 W Apache Street Subject | $319,000* List Price | 3 | 2 | 1,104 | $335 | - |
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.
Despite the 1956 build date, the property has undergone a recent comprehensive remodel (likely <5 years) featuring updated LVP flooring, refreshed kitchen and bathrooms, and modern interior finishes, presenting in mint, move-in ready condition.
The property features a unique attached studio with a private entrance, offering excellent flexibility for a home office, guest suite, or potential rental income.
Situated on a multifamily zoned lot, this property provides significant long-term value and development flexibility that is rare at this price point in central Phoenix.
The home is move-in ready with modern updates, including refreshed flooring, kitchen, and bathrooms, reducing the need for immediate post-purchase capital expenditures.
At just 1,104 square feet for a 3-bedroom, 2-bathroom configuration, the individual living spaces and bedrooms may feel undersized for some buyers.
The assigned public schools carry low ratings (3/10), which may limit the property's appeal to education-focused families and impact future resale velocity.
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 |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,104 | - |
| Lot Size | 5,000 | - |
| Price | $319.0K | $495.4K |
| Price per sq ft | $289 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 80 | 1260 |
May 4, 2026
$319,000
Initial Listing