
Phoenix, AZ 85035
This property presents a High-Potential Investment Opportunity with a List Price of $280,000—positioned well below the $282,944 Fair Market Value by 1%. This valuation gap offers $2,944 in Instant Equity. Featuring a Modernized Kitchen and a Generous 6,264 sqft Lot, the home maintains a Condition Rating of 4, indicating a need for cosmetic updates. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1814 N 52ND Drive Subject | $280,000* List Price | 2 | 1 | 754 | $375 | - |
A 5312 W EDGEMONT Avenue Active | $302,000 List Price | 4 | 1 | 1,004 | $301 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975 (49 years old), the property falls into the dated category. While the listing mentions newer kitchen cabinets, the interior photos show heavily worn carpeting and dated finishes. It appears functional and move-in ready for a budget buyer but requires cosmetic updates and likely system servicing due to its age.
Priced at $280,000 with no HOA fees, this property offers an accessible entry point for first-time buyers or investors seeking a cash-flowing rental in the Phoenix market.
The home features an open kitchen equipped with newer cabinetry, providing a contemporary feel and reducing immediate renovation costs for the new owner.
Situated on a 6,264-square-foot lot, the property provides ample outdoor space for potential expansions, landscaping, or recreational use, which is significant for a home of this footprint.
With only 754 square feet of living space and a 2-bedroom, 1-bathroom configuration, the home may feel restrictive for growing families or those requiring a home office.
The assigned schools in the immediate vicinity carry lower performance ratings (ranging from 2 to 4), which could impact long-term resale value and appeal to education-focused families.
Here is the chance to get a cute home in the heart of Maryvale in Phoenix. Great home for a first-time buyer starting off their home journey or a investor looking for cash flow. This home is 2 bedrooms, 1 bath, open kitchen with newer cabinets and spacious living area. Hurry up before its gone.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades K-5 • 1.5 mi
Grades K-5 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 754 | - |
| Lot Size | 6,264 | - |
| Price | $280.0K | $495.4K |
| Price per sq ft | $371 | $290 |
| Built year | 1975 | 0 |
| HOA | $0 | $0 |
| Days on market | 15 | 1260 |
Jul 8, 2026
$280,000
Initial Listing