
Phoenix, AZ 85034
This property is a High-Potential Investment Opportunity with a List Price of $216,600—positioned well below the $288,392 Fair Market Value by 24%. This valuation gap provides $71,792 in Instant Equity for buyers prepared for a cash-only acquisition. With a Condition Rating of 5, the asset requires substantial rehabilitation to address deferred maintenance and major systems. Located in a central Phoenix submarket with No HOA, it offers significant value-add potential through a full renovation. This project is ideal for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1412 S 13TH Place Subject | $188,100* List Price | 3 | 1 | 921 | $208 | - |
A 1128 E Pima Street Active | $160,000 List Price | 2 | 2 | 689 | $232 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1948, this property is marketed as a 'cash only' purchase with no inspection or financing contingencies, which strongly indicates significant deferred maintenance and likely failure of major systems (roof, electrical, or plumbing) that prevent traditional financing. The exterior shows an aged roof and unmaintained grounds, and the listing explicitly positions it as a fix-and-flip project requiring substantial rehabilitation.
Listed at $216,600, this property offers a highly accessible entry point into the Phoenix market, making it an attractive option for budget-conscious investors.
The absence of a Homeowners Association eliminates monthly fees and provides the owner with greater flexibility regarding property modifications and usage.
As a cash-only purchase with no buyer premium, this property is positioned as a prime candidate for a fix-and-flip or a long-term rental conversion.
The requirement for a cash-only purchase without inspection or financing contingencies significantly limits the buyer pool and increases the risk for the purchaser.
At just 921 square feet for a three-bedroom configuration, the interior living space and single bathroom may feel undersized for modern residential standards.
This Ranch style single family home offers 3 bedrooms and 1 bathroom with approximately 921 square feet of living space on a 0.11 acre lot. There are no inspection or financing contingencies on this cash only purchase. No Buyer Premium on this property. The data presented in this listing is deemed reliable but not guaranteed. This information should be used for informational use only and does not constitute a legal document for the description of this property. Buyer or Buyer's Agent to verify all facts, figures, schools, dimensions, Sq Ft, permits, HOA fees etc. that is of material importance to Buyer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 1.5 | 50% |
| Square foot | 921 | 921 | 50% |
| Lot Size | 5,000 | 6,000 | 50% |
| Price | $188.1K | $248.3K | 17% |
| Price per sq ft | $204 | $264 | 17% |
| Built year | 1948 | 1944 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 1278 | 17% |
Apr 20, 2026
$188,100
$216,600
-13% Price Drop
Initial Listing
Mar 11, 2026
$216,600
Initial Listing