
Phoenix, AZ 85023
This Versatile Dual-Master Residence is a Prime Investment Opportunity, listed at $399,000—positioned well below the $483,119 Fair Market Value by 17%. This valuation gap provides $84,119 in Instant Equity. While maintaining a Fair Condition Rating with vintage finishes, the home features high-value assets including an owned solar system, a 2024 water heater, and a private entrance for multigenerational living. It is an exceptional find for Owner-Occupants seeking a value-add home or Buy-and-Hold Investors targeting high-yield rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1628 W BLUEFIELD Avenue Subject | $399,000* List Price | 4 | 2 | 1,734 | $279 | - |
A 17827 N 9TH Avenue Sold | $399,900 List Price | 4 | 2 | 1,424 | 0.7 mi | |
B 1523 W MICHIGAN Avenue N Sold | $282,000 | 3 | 2 | 1,740 | $162 | 0.2 mi |
C 17827 N 9TH Avenue Sold | $399,999 List Price | 4 | 2 | 1,424 | 0.7 mi | |
D 1417 W WAGONER Road Sold | $487,900 List Price | 4 | 3 | 1,997 | 0.2 mi | |
E 1010 W VILLA RITA Drive Sold | $300,000 List Price | 4 | 2 | 1,843 | 0.5 mi | |
F 17607 N 15TH Avenue Active | $435,000 List Price | 5 | 2 | 1,657 | $263 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the property is well-maintained but shows clear signs of age. While it features excellent mechanical updates like a 2024 water heater, 2018 AC, and owned solar, the cosmetic finishes are dated. The kitchen has been refreshed with paint and a newer backsplash but retains older cabinetry, and the bathrooms feature vintage vanities and lighting fixtures consistent with a 'Fair' condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7861, living area = 1734.
The property features an owned solar system that significantly reduces utility costs to as low as $30 per month, providing substantial long-term financial savings for the homeowner.
A dual-master, split floor plan with a private entrance and an additional 192 sq ft Arizona room offers excellent flexibility for multigenerational living or a home office.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1734, other record living area = 2051.
With four bedrooms but only two bathrooms, the home may feel congested for larger families, especially considering the dual-master configuration.
Built in 1973, the property may require ongoing updates to its original infrastructure and cosmetic finishes to align with modern luxury standards.
Imagine stepping into a home that not only fits your lifestyle and also provides a foundation for life's changes. This dual master, 4 bedroom, 2 bath property offers flexibility and comfort. The split floor plan with a private entrance creates ideal space for multigenerational living, guests, or a home office setup. In addition to the total sq footage is a 192 sq ft Arizona room, perfect for movie/game nights and growing families. Enjoy peace of mind with a 2024 water heater, well-maintained 2018 AC, owned solar system that provides impressively low utility costs as long as $30 a month. A spacious Tuff Shed provides abundant storage. This is more than a home, it's the footing for your life to flourish.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,734 | 1,843 | 44% |
| Lot Size | 7,861 | 7,820 | 52% |
| Price | $399.0K | $358.5K | 57% |
| Price per sq ft | $230 | $220 | 56% |
| Built year | 1973 | 1982 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 1824 | 0% |
Feb 27, 2026
$399,000
Initial Listing