14843 N 37TH Avenue, Phoenix, AZ 85053, Phoenix, 85053 - 5 bed, 3 bath
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Phoenix, AZ 85053
This 5-bedroom Investor Special represents a High-Potential Investment Opportunity, listed at $419,000—positioned well below the $431,119 Fair Market Value by 2%. This valuation gap secures $12,119 in Instant Equity for an incoming buyer. Holding a Major Renovation Required Condition Rating, the asset features a private pool and no HOA, offering significant forced appreciation potential. Located near ASU West and Greenway High School, the property is primed for high-occupancy rental demand. It is an ideal acquisition 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 |
|---|---|---|---|---|---|---|
★ 14843 N 37TH Avenue Subject | $419,000* List Price | 5 | 3 | 2,064 | $209 | - |
A 3842 W MAUNA LOA Lane Sold | $489,000 | 5 | 4 | 2,360 | $207 | 0.3 mi |
B 3842 W MAUNA LOA Lane Sold | $489,000 | 4 | 4 | 2,360 | $207 | 0.3 mi |
C 3335 W ACOMA Drive Sold | $445,000 | 3 | 2 | 1,912 | $233 | 0.5 mi |
D 3535 W SAINT MORITZ Lane Sold | $377,551 | 4 | 2 | 2,033 | $186 | 0.2 mi |
E 3819 W MAUNA LOA Lane Sold | $340,000 | 4 | 4 | 2,360 | $144 | 0.2 mi |
F 15212 N 37th Avenue Sold | $395,000 | 4 | 2 | 1,738 | $227 | 0.1 mi |
G 3628 W BANFF Lane Active | $440,000 List Price | 3 | 2 | 1,973 | $223 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as an 'Investor Special' and requires substantial rehabilitation to be livable. Interior images show significant neglect, including heavily stained and soiled carpeting, damaged walls, and broken ceiling fans. The kitchen features dated cabinetry and DIY-style tile work, while the bathrooms show missing cabinet components, outdated fixtures, and overall poor sanitary conditions. Built in 1972, the home exhibits major physical depreciation and requires a full renovation of all major surfaces and systems.
With 5 bedrooms, 3 bathrooms, and a location near ASU West, this property is ideally configured for high-occupancy rental income or a profitable fix-and-flip.
The proximity to the new Metro Center and Light Rail provides excellent transit connectivity and positions the property for long-term value appreciation.
The home features a private pool, gated courtyard, and large yard without the restrictions or monthly costs of a Homeowners Association.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2064, other record living area = 1893. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Marketed as an 'Investor Special,' the property likely requires substantial capital investment to update the 1972 interior and exterior to modern standards.
Given the 1972 build date, buyers should anticipate potential costs related to aging mechanical systems, plumbing, or electrical components common in homes of this era.
Investor Special! 5 bedrooms, 3 bathroom, 2 car garage and a pool! Gated courtyard entrance! Interior laundry! Large yard with block wall and covered patio! No HOA! ASU WEST!! Near the new Metro Center & Light Rail!
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades K-6 • 0.8 mi
Grades 7-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,064 | 1,600 | 83% |
| Lot Size | 7,284 | 8,199 | 26% |
| Price | $419.0K | $345.8K | 79% |
| Price per sq ft | $203 | $226 | 40% |
| Built year | 1972 | 1976 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 1149 | 1% |
Mar 31, 2026
$419,000
Initial Listing