
El Mirage, AZ 85335
This property presents a High-Potential Investment Opportunity with a List Price of $235,000—positioned well above the $167,416 Fair Market Value by -40%. While the property requires significant capital investment due to its Condition Rating of 5, the Dual-Unit Rental Potential and Expansive Corner Lot provide a clear path to forced appreciation. This as-is asset is ideal for Buy-and-Hold Investors or Contractors capable of navigating the administrative address discrepancies to unlock the site's full cash-flow utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 14217 N 4TH Avenue Subject | $235,000* List Price | 2 | 1 | 1,350 | $124 | - |
A 14309 N 3RD Avenue Pending | $275,000 List Price | 3 | 2 | 1,230 | $224 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 and sold in 'as-is' condition, the property exhibits significant deferred maintenance and requires immediate capital investment for repairs. The exterior images show a dated structure with visible wear, and the lack of interior photos, combined with the property analysis noting the need for rehabilitation, indicates that the kitchen, bathrooms, and major systems are likely in poor condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8897, living area = 1350.
Currently configured and rented as two separate 2-bedroom, 1-bathroom units, this property offers excellent cash-flow potential for investors or house-hacking opportunities.
Situated on a nearly quarter-acre corner lot, the property provides significant space for RV parking, outdoor storage, and recreational vehicles without the constraints of an HOA.
The property is being sold in as-is condition, which likely indicates deferred maintenance and the need for immediate capital investment for repairs.
A conflict between the physical address and tax records could complicate the appraisal, financing, and title transfer process for potential buyers.
CORNER LOT IS APPROX 1/4 ACRE READY FOR ALL YOUR TOYS!!! The property address is different than the tax records. The home has 14301 N 4th Ave. Currently being rented as 2 properties. Home is being sold as is. Each entrance has 2 bed, 1 bath.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 9% |
| Baths | 1.0 | 2.0 | 2% |
| Square foot | 1,350 | 1,534 | 38% |
| Lot Size | 8,897 | 5,346 | 89% |
| Price | $235.0K | $325.0K | 29% |
| Price per sq ft | $174 | $199 | 36% |
| Built year | 1981 | 2001 | 2% |
| HOA | $0 | $73 | 24% |
| Days on market | 240 | 2649 | 11% |
Oct 18, 2025
$235,000
Initial Listing