1648 S 15TH Avenue, Phoenix, AZ 85007, Phoenix, 85007 - 3 bed, 2 bath
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Phoenix, AZ 85007
This High-Potential Investment Opportunity is listed at a List Price of $305,000, positioned well below the $303,859 Fair Market Value (priced at market stability). Featuring a Condition Rating of 3, the home offers a move-in ready interior with recent renovations, while the expansive 8,411 sqft lot provides significant upside for future expansion or an ADU. With no HOA fees and a functional 3-bedroom layout, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking an accessible entry into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1648 S 15TH Avenue Subject | $305,000* List Price | 3 | 2 | 900 | $338 | - |
A 1137 W MOHAVE Street Sold | $285,000 | 3 | 1 | 738 | $386 | 0.2 mi |
B 1722 W HADLEY Street Active | $325,000 List Price | 2 | 1 | 1,040 | $313 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1953, the interior shows clear evidence of a recent renovation (likely within the last 5-10 years) including new laminate flooring, fresh paint, and updated baseboards. The exterior electrical panel appears modernized, and the home is in move-in ready condition, though the basic finishes and unlandscaped yard prevent an 'Excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8411, living area = 900.
The property sits on a substantial 8,411 sqft lot, providing ample space for future expansions, outdoor entertaining, or the addition of an accessory dwelling unit (ADU).
With no homeowner association fees or restrictive covenants, owners enjoy greater financial flexibility and freedom to customize the property to their liking.
At only 900 square feet for a three-bedroom layout, the interior living spaces and bedrooms may feel cramped compared to modern residential standards.
The assigned local schools currently hold lower performance ratings, which may be a consideration for families prioritizing academic rankings in their home search.
Data presented on this listing is deemed reliable but not guaranteed. This information should be 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, etc. that is of material importance to the buyer.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 900 | - |
| Lot Size | 8,411 | - |
| Price | $305.0K | $495.4K |
| Price per sq ft | $339 | $290 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 1260 |
Jul 15, 2026
$305,000
Initial Listing