18 E VALENCIA Drive, Phoenix, AZ 85042, Phoenix, 85042 - 2 bed, 1 bath
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Phoenix, AZ 85042
This Value-Add Residential Asset is listed at $265,000, representing a stable entry point near its $259,158 Fair Market Value. Currently holding a Condition Rating of 4, the property requires strategic TLC but offers significant upside through its private pool and a bonus 3rd bedroom not included in the official square footage. The expansive 8,394 sqft lot with No HOA allows for high available lot utilization and future expansion. This "as-is" acquisition is a high-potential project for Fix-and-Flip Investors or Contractors looking to capture value in the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 18 E VALENCIA Drive Subject | $265,000* List Price | 2 | 1 | 1,027 | $252 | - |
A 7 E Beautiful Lane Sold | $296,475 | 2 | 1 | 1,274 | $233 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1951, this property is aged but has been maintained with some updates, including tile flooring and newer carpeting in the bedrooms. The kitchen and bathroom are functional but feature outdated styles, older appliances, and basic fixtures. The listing's 'as-is' status and the mention of a pool needing work suggest deferred maintenance, placing it in the fair category as it is livable but requires several minor to moderate updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8394, living area = 1027.
Priced at $265,000, this property offers an affordable entry point into the Phoenix market, making it an attractive opportunity for investors or first-time buyers looking for value.
The home features a third bedroom not included in the official square footage, providing additional functional space and utility beyond the standard listing details.
The property is being sold as-is and requires 'TLC,' including specific repairs needed for the pool, which will require immediate additional capital investment.
With only one bathroom serving a home that effectively functions as a three-bedroom, the layout may be a drawback for larger families or multi-resident households.
Will not last long at this price! Great location and cute home. Has an additional 3rd bedroom not counted in square footage. Being sold as-is. Great home for a handyman, investor, or family. Priced to sell quickly. Needs some TLC but in otherwise great shape. Pool needs work.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 5% |
| Baths | 1.0 | 2.0 | 5% |
| Square foot | 1,027 | 1,869 | 4% |
| Lot Size | 8,394 | 7,503 | 61% |
| Price | $265.0K | $412.5K | 31% |
| Price per sq ft | $258 | $227 | 65% |
| Built year | 1951 | 2001 | 4% |
| HOA | $0 | $98 | 34% |
| Days on market | 92 | 1331 | 5% |
Jan 20, 2026
$265,000
Initial Listing