2041 W GEORGIA Avenue, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 2 bath
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Phoenix, AZ 85015
This property presents a Prime Investment Opportunity with a List Price of $329,000—positioned well below the $460,224 Fair Market Value by 28%. This significant valuation gap offers $131,224 in Instant Equity for buyers prepared to execute a full-scale renovation. Currently in a Semi-Demolished Condition with walls down to the studs, the 1,775 sqft footprint and 4-bedroom layout provide a substantial canvas for forced appreciation. This Value-Add Asset is a high-yield project perfectly suited for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2041 W GEORGIA Avenue Subject | $329,000* List Price | 4 | 2 | 1,775 | $259 | - |
A 2109 W CAMPBELL Avenue Sold | $232,500 List Price | 3 | 2 | 1,791 | 0.9 mi | |
B 2122 W KEIM Drive Sold | $404,500 | 4 | 2 | 1,898 | $213 | 0.9 mi |
C 2102 W CAMPBELL Avenue Sold | $419,900 List Price | 3 | 2 | 1,948 | 0.8 mi | |
D 4502 N 17th Drive Sold | $275,000 | 3 | 2 | 1,538 | $179 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in a semi-demolished state with portions of the walls down to the studs and missing flooring in several areas. Built in 1951, it requires substantial rehabilitation, including a full kitchen and bathroom overhaul, as well as significant structural and cosmetic repairs to be habitable.
With portions of the walls already down to the studs, this property serves as a blank canvas, allowing an investor or homeowner to customize the layout and finishes to their exact specifications.
Boasting 1,775 square feet, this 1950s home offers a much larger footprint than many period-correct residences in the area, providing a spacious and functional one-story layout.
The property features a welcoming front porch and a large backyard, offering ample room for outdoor entertainment, landscaping projects, or potential future structural additions.
The home is currently in a semi-demolished state, lacking flooring in several areas and requiring significant wall completion, which necessitates a substantial immediate capital investment.
The property is being sold in as-is condition, which may limit financing options to cash or hard money loans and places all risk for undisclosed defects on the buyer.
Spacious one-story home featuring 3 bedrooms, 2 bathrooms, and a 1-car carport with a functional layout and great potential. The living area offers ample space for relaxing or entertaining, while the kitchen provides a solid footprint ready for your personal touch. This property includes a welcoming front porch and a generously sized backyard for outdoor enjoyment. Home needs flooring in some areas and portions of the walls are down to the studs, making it a great opportunity for renovation or customization. Sold as is.
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades 4-8 • 0.3 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,775 | 1,474.5 | 70% |
| Lot Size | 6,412 | 7,640.5 | 11% |
| Price | $329.0K | $369.5K | 42% |
| Price per sq ft | $185 | $263 | 31% |
| Built year | 1951 | 1951 | 50% |
| HOA | $0 | $0 | 50% |
| Days on market | 31 | 994 | 1% |
Mar 26, 2026
$329,000
Initial Listing