19201 N 23RD Avenue, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 2 bath
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Phoenix, AZ 85027
This remodel-ready residence represents a Strong Value Opportunity with a List Price of $325,000—positioned well below the $350,051 Fair Market Value by 7%. This valuation gap offers $25,051 in Instant Equity for buyers. While currently in Fair Condition, the home features owned solar, a large 1/4-acre lot, and no HOA, providing a solid foundation for forced appreciation. Located near the I-17 and Loop 101, this is a high-potential acquisition for Fix-and-Flip Investors or Owner-Occupants seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19201 N 23RD Avenue Subject | $325,000* List Price | 3 | 2 | 1,430 | $245 | - |
A 2115 W MORROW Drive Sold | $399,990 | 3 | 2 | 1,428 | $280 | 0.3 mi |
B 2115 W MORROW Drive Sold | $399,990 | 3 | 2 | 1,428 | $280 | 0.3 mi |
C 2115 W MORROW Drive Sold | $399,990 | 3 | 2 | 1,428 | $280 | 0.3 mi |
D 2245 W SEQUOIA Drive Sold | $383,000 | 3 | 2 | 1,540 | $249 | 0.2 mi |
E 2245 W SEQUOIA Drive Sold | $383,000 | 3 | 2 | 1,540 | $249 | 0.2 mi |
F 1542 W KERRY Lane Pending | $260,000 List Price | 3 | 2 | 1,472 | $177 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1977, this property is explicitly marketed as a remodel opportunity for investors. While it features some recent updates such as modern wood-look flooring and a refreshed bathroom vanity, the kitchen remains significantly outdated with original-style cabinetry and fluorescent light boxes. The home appears functional and maintained but requires a full cosmetic overhaul to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8862, living area = 1430.
The property includes an owned solar system, offering significant long-term utility savings and added value in the sunny Phoenix climate.
The absence of a homeowner association provides owners with greater flexibility, freedom from restrictive rules, and lower monthly carrying costs.
Marketed as a remodel opportunity, the home requires a substantial capital investment to modernize the interior and address potential deferred maintenance.
Built in 1977, the property may have original systems or structural elements that could require costly updates to meet current building standards.
INCREDIBLE REMODEL OPPORTUNITY! 1,430 SQFT single-level home featuring 3 bedrooms, 2 bathrooms, and a 2-car attached garage on a nearly 1/4-acre lot. Includes owned solar and a large backyard with covered patio and mature citrus tree. Functional floorplan with great bones and strong value-add potential, ready for your vision. Conveniently located with quick access to I-17 and Loop 101. No HOA. Ideal for investors, flippers, or buyers looking to renovate and build equity.
No exterior & parking available.
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 | 1,430 | 1,390.5 | 56% |
| Lot Size | 8,862 | 7,201 | 86% |
| Price | $325.0K | $367.5K | 39% |
| Price per sq ft | $227 | $259 | 33% |
| Built year | 1977 | 1985 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 1349 | 0% |
Mar 12, 2026
$325,000
Initial Listing