
Phoenix, AZ 85009
This Historic Investor Opportunity is listed at $250,000, representing a stable entry point aligned with its $243,000 Fair Market Value. Currently holding a Condition Rating of 5, the 1946 structure requires a complete rehabilitation to address significant interior distress and outdated systems. Located in the Historic Villa Verde District near Central High School and Maie Bartlett Heard School, the asset offers high value-add potential through forced appreciation and the rare benefit of seller financing. This project is a strategic acquisition for Fix-and-Flip Investors or Contractors.
Property is extensive renovation needed.
This 1946 property is marketed as an investor opportunity and requires a complete rehabilitation. Visual evidence shows significant interior distress, including damaged and missing flooring, exposed plumbing and electrical systems, and a lack of functional kitchen or bathroom fixtures in the provided images. The structure shows signs of long-term neglect and requires substantial capital investment to address safety and habitability.
Situated in the Historic Villa Verde District, the property offers unique character and excellent proximity to Downtown Phoenix, the Arizona State Fairgrounds, and major freeways.
The availability of seller financing provides a significant advantage for investors or buyers who may prefer alternative paths to ownership outside of traditional lending.
Positioned as a dedicated investor opportunity with a competitive entry price, this property is ideal for a fix-and-flip project or a long-term rental in a central, high-demand area.
Built in 1946 and marketed as an investor opportunity, the home likely requires substantial capital investment to modernize its systems, structure, and finishes.
With only 874 square feet of living space and a single bathroom, the compact footprint may limit the property's appeal to larger families or those seeking modern spaciousness.
Investor Opportunity in the Historic Villa Verde District! Located just minutes from Downtown Phoenix and within walking distance to the Arizona State Fairgrounds, this property offers excellent potential in a prime central location with easy access to freeways, dining, and entertainment. Seller finance available!
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 19% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 874 | 1,260.5 | 11% |
| Lot Size | 5,793 | 6,373 | 10% |
| Price | $245.0K | $244.5K | 50% |
| Price per sq ft | $280 | $192 | 77% |
| Built year | 1946 | 1953 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 1214 | 1% |
Apr 20, 2026
$245,000
$250,000
-2% Price Drop
Initial Listing
Apr 6, 2026
$250,000
Initial Listing