1816 N 37th Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 2 bed, 1 bath
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Phoenix, AZ 85009
This Investor-Focused Residential Asset is listed at $259,900, positioned relative to a $174,753 Fair Market Value. Marketed as an "investor special" with a Condition Score of 5, the property is sold as-is and requires a full-scale renovation to modernize its 1946 systems. The substantial 1,473 sqft footprint offers significant potential for reconfiguration or adding a third bedroom to maximize ROI. Served by Mitchell Elementary and located near major transit with No HOA Restrictions, this project is a strategic value-add 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 |
|---|---|---|---|---|---|---|
★ 1816 N 37th Avenue Subject | $249,000* List Price | 2 | 1 | 1,473 | $166 | - |
A 3602 W ALMERIA Road Sold | $215,000 | 3 | 2 | 1,394 | $154 | 0.2 mi |
B 3735 W MORELAND Street Sold | $185,000 List Price | 3 | 1 | 1,480 | 0.5 mi | |
C 3607 W PALM Lane Sold | $209,900 List Price | 4 | 1 | 1,325 | 0.1 mi | |
D 4224 W PORTLAND Street Sold | $270,000 | 3 | 2 | 1,400 | $193 | 0.8 mi |
E 4224 W PORTLAND Street Sold | $270,000 | 3 | 2 | 1,428 | $189 | 0.8 mi |
F 4224 W PORTLAND Street Sold | $270,000 | 4 | 2 | 1,428 | $189 | 0.8 mi |
G 4214 W LEWIS Avenue Sold | $247,500 | 3 | 2 | 1,449 | $171 | 0.8 mi |
H 3952 W HUBBELL Street Active | $255,900 List Price | 3 | 1 | 1,265 | $202 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (78 years old) with no recorded renovations, this property is explicitly marketed as an 'investor special' and 'fix-and-flip.' The 'as-is' condition, lack of interior access, and age indicate that the kitchen, bathroom, and major systems (HVAC/Electric) likely require a full rehab to meet modern standards.
Marketed as an 'investor special' with a large 1,473 sqft footprint, this property offers substantial potential for equity growth through renovation, whether for a fix-and-flip or a long-term rental strategy.
The home features a larger-than-average square footage for a 1940s two-bedroom build, providing ample room for modern reconfiguration or the potential addition of a third bedroom to increase market value.
With an association fee of $0, the property offers lower monthly carrying costs and greater flexibility for owners to make improvements or use the property as a rental without restrictive covenants.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 3.
The lack of interior photos and the 'no walkthrough until offer acceptance' policy create significant transparency issues, requiring buyers to commit without a full understanding of the interior condition.
The property is served by schools with low ratings (2/10 and 3/10), which may deter family-oriented buyers and potentially limit the ceiling for long-term appreciation compared to other Phoenix submarkets.
Investor special with strong upside potential! This property is ready for your vision and renovation touches. Situated on a generous lot in a convenient Phoenix location near major roads, shopping, and dining. Great opportunity for fix-and-flip, rental, or owner-occupant looking to build equity. Property is being sold as-is. No walk through till offer is accepted. No interior photos.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,473 | - |
| Lot Size | 5,706 | - |
| Price | $249.0K | $495.4K |
| Price per sq ft | $169 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 93 | 1260 |
Jul 22, 2026
$249,000
$255,000
-2% Price Drop
Initial Listing
Jun 1, 2026
$255,000
$259,900
-2% Price Drop
Initial Listing
Apr 23, 2026
$259,900
Initial Listing