1916 N 22ND Street, Phoenix, AZ 85006, Phoenix, 85006 - 1 bed, 1 bath
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Phoenix, AZ 85006
This Value-Add Residential Asset is a strategic entry-level project with a List Price of $265,000, aligned with its $256,604 Fair Market Value. The property carries a Condition Rating of 5 due to its mid-renovation state, requiring full interior completion of the 648 sqft floorplan to realize its ROI potential. However, the 7,453 sqft Lot offers massive potential for expansion or an accessory dwelling unit, far exceeding standard lot-to-living area ratios. Served by William T Machan Elementary and Camelback High School, this project with No HOA Fees is a prime target for Fix-and-Flip Investors or Contractors ready to execute a full rehabilitation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1916 N 22ND Street Subject | $265,000* List Price | 1 | 1 | 648 | $396 | - |
A 2151 E GARFIELD Street Sold | $309,000 | 2 | 1 | 826 | $374 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a state of mid-renovation or significant disrepair and is not currently move-in ready. Interior images reveal unfinished drywall, missing baseboards, and a lack of functional kitchen and bathroom facilities. While some modern updates like recessed lighting have been initiated, the 1950s structure requires substantial rehabilitation, including flooring completion and full installation of appliances and fixtures, to meet basic living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7453, living area = 648.
The property features a generous 7,453 sqft lot, offering substantial room for future expansions, an accessory dwelling unit (ADU), or a large private outdoor oasis.
Listed at $265,000, this property represents a rare entry-level opportunity in the Phoenix market, making it highly attractive for first-time buyers or fix-and-flip investors.
With only one bedroom and 648 square feet of living space, the home's small footprint may limit its appeal to larger households or those requiring a home office.
The assigned public schools carry a rating of 3, which can be a significant concern for families with children and may impact the property's long-term appreciation potential.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades 9-12 • 2.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 3% |
| Baths | 1.0 | 2.0 | 36% |
| Square foot | 648 | 1,344 | 4% |
| Lot Size | 7,453 | 6,799 | 68% |
| Price | $265.0K | $415.3K | 32% |
| Price per sq ft | $409 | $327 | 77% |
| Built year | 1950 | 1944 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 195 | 1489 | 19% |
Oct 13, 2025
$265,000
Initial Listing