1829 E ADAMS Street, Phoenix, AZ 85034, Phoenix, 85034 - 3 bed, 2 bath
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Phoenix, AZ 85034
This Modern Multi-Use Residence is a High-Potential Investment Opportunity listed at $380,000, aligning perfectly with its $380,000 Fair Market Value. Boasting a Condition Rating of 3, the 2006-built home is move-in ready with a functional kitchen and private patio. The standout feature is the 7,850 sqft lot with rare multi-family and light commercial zoning, allowing for structures up to 6 stories or 65 feet. While local schools like Garfield School show lower ratings, the massive development upside makes this a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to build future density.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1829 E ADAMS Street Subject | $380,000* List Price | 3 | 2 | 1,459 | $260 | - |
A 1926 E ADAMS Street Sold | $289,000 | 3 | 2 | 986 | $293 | 0.1 mi |
B 1926 E ADAMS Street Sold | $289,000 | 3 | 2 | 986 | $293 | 0.1 mi |
C 1529 E Monroe Street Active | $374,900 List Price | 3 | 2 | 1,232 | $304 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2006, this property falls within the 10-20 year age range for a 'good' condition rating. The interior is move-in ready with consistent tile flooring, neutral paint, and a functional kitchen featuring oak-style cabinetry and standard appliances. The home appears well-maintained with no visible signs of deferred maintenance, meeting the criteria for a property that is functional and within its expected lifespan without requiring immediate renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7850, living area = 1459.
The property is zoned for multi-family and light commercial use, with the rare allowance to build up to 6 stories or 65 feet, offering massive upside for investors or developers.
Constructed in 2006, this home is significantly newer than many surrounding properties in the area and is described as move-in ready, reducing immediate capital expenditure for the buyer.
The local schools, Garfield and North High, carry low ratings of 3 and 4 respectively, which may deter families who prioritize high-performing educational boundaries.
Situated in the 85034 zip code, the property is in a transitional area with a mix of light commercial and industrial influences, which may impact residential tranquility and long-term appreciation compared to purely residential pockets.
So much room in the backyard to add additional unit or units. Allowed to build 6 stories and 65ft tall like the house next door. Also zoned for multi family and light commercial. move in ready. sellers motivated.
No exterior & parking available.
Grades PK-8 • 0.9 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,459 | 953.5 | 83% |
| Lot Size | 7,850 | 7,000 | 83% |
| Price | $380.0K | $284.5K | 83% |
| Price per sq ft | $260 | $277 | 50% |
| Built year | 2006 | 1944 | 83% |
| HOA | $0 | $0 | 50% |
| Days on market | 206 | 1278 | 33% |
Oct 1, 2025
$380,000
Initial Listing