
Phoenix, AZ 85007
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $299,000, reflecting a stable entry point at its $299,000 Fair Market Value. Carrying a Condition Rating of 5, this 1960s build requires comprehensive rehabilitation but offers massive upside via its 9,772 sqft lot and two guest suites with independent kitchens. The absence of HOA restrictions and the inclusion of a covered patio enhance its utility as a multi-unit rental. This 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 |
|---|---|---|---|---|---|---|
★ 1722 W YUMA Street Subject | $299,000* List Price | 4 | 4 | 2,060 | $145 | - |
A 926 W Cocopah Street Active | $250,000 List Price | 2 | 2 | 1,512 | $165 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1960 and marketed as an 'investor special,' the property requires substantial rehabilitation. The kitchen cabinets are severely peeling and damaged, the appliances are outdated, and the bathrooms feature aged tiling and worn fixtures. The overall interior shows significant wear, and the exterior infrastructure appears weathered, indicating a need for major system updates and cosmetic overhauls.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9772, living area = 2060.
The property features two separate guest suites, each equipped with its own kitchen, bedroom, and bathroom, making it an ideal setup for short-term rentals or multi-generational living.
With no Homeowners Association, owners enjoy greater freedom for property modifications and avoid monthly fees, which significantly enhances the long-term ROI for investors.
The property is marketed as an 'investor special,' implying that while it has great bones, it likely requires significant updates or repairs to meet modern market standards.
Built in 1960, the home may have original systems or structural elements that could necessitate additional capital expenditure for modernization and efficiency.
Spacious home with two guest suites and no HOA! Discover the bright interior, featuring tile flooring, crown molding, a fireplace for cozy evenings, a built-in entertainment niche in the living room, and neutral paint. Whip up your favorite dishes in the kitchen, equipped with abundant cabinetry, tile backsplash, and ample counter space. The main bedroom hosts a closet and a bathroom for privacy. Both guest suites have a kitchen, a bedroom, and a bathroom for convenience. Out back, you'll have plenty of space for your projects and outdoor fun, including a cozy covered patio where you can enjoy your morning coffee, and a low-maintenance landscape. This home is a definitely an investor special full of income potential!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,060 | - |
| Lot Size | 9,772 | - |
| Price | $299.0K | $495.4K |
| Price per sq ft | $145 | $290 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 280 | 1260 |
Oct 16, 2025
$299,000
Initial Listing