
Phoenix, AZ 85053
This High-Yield Co-Living Asset represents a High-Potential Investment Opportunity priced at $457,000, matching its $457,000 Fair Market Value. Following an extensive 2025 renovation including new cabinetry, modern flooring, and fresh paint, the property holds an Excellent Condition Rating. The unique 7-bedroom layout is specifically designed for high-density rental models like PadSplit or residential care, providing a turnkey solution with no HOA restrictions. Situated near Greenway High School, this asset is ideal for Buy-and-Hold Investors or Co-living Operators targeting maximum rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14029 N 39TH Avenue Subject | $457,000* List Price | 7 | 2 | 2,286 | $200 | - |
A 3842 W MAUNA LOA Lane Sold | $489,000 | 5 | 4 | 2,360 | $207 | 0.5 mi |
B 3455 W Gelding Drive Active Under Contract | $525,000 List Price | 5 | 4 | 2,454 | $214 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive renovation in 2025, featuring new interior and exterior paint, new kitchen cabinetry, and updated flooring including modern marble-look tile and wood-look laminate. Although originally built in 1988, the recent comprehensive updates to all major aesthetic and functional surfaces meet the criteria for a recently renovated home with no visible deferred maintenance.
The rare 7-bedroom configuration is specifically optimized for high-yield income strategies such as PadSplit, co-living, or assisted living facilities.
The property features significant recent updates including new interior and exterior paint, new cabinetry, and new flooring, reducing immediate capital expenditure for the buyer.
Located in a community with no association fees, this property offers greater operational flexibility for investors and lower monthly carrying costs.
With only 2 bathrooms serving 7 bedrooms, the high occupancy density may lead to logistical challenges and could limit the property's appeal to traditional families.
Fitting 7 bedrooms into 2,286 square feet suggests smaller individual room sizes, which may impact tenant comfort and long-term retention in a shared-housing model.
Rare 7-bedroom home in North Phoenix with multiple use options! Approx. 2,286 SF with 7 bedrooms and 2 bathrooms, currently operated as a PadSplit style shared housing property. Updated in 2025 with new interior and exterior paint, new cabinets, and new flooring. Flexible layout works well for co-living/room rentals, potential care-type home, or a large single-family residence (buyer to verify all zoning and licensing requirements). Convenient location with easy access to major roads, shopping, and services.
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.8 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,286 | 1,600 | 88% |
| Lot Size | 8,398 | 8,230 | 56% |
| Price | $457.0K | $345.8K | 88% |
| Price per sq ft | $200 | $226 | 38% |
| Built year | 1988 | 1976 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 123 | 1149 | 10% |
Dec 24, 2025
$457,000
Initial Listing