2045 S 6TH Avenue, Phoenix, AZ 85003, Phoenix, 85003 - 1 bed, 3 bath
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Phoenix, AZ 85003
Analysis of 2045 S 6TH Avenue, Phoenix, AZ 85003 is currently available with a list price of $395,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1950 with no evidence of modern renovations, this property is over 70 years old. The kitchen and bathrooms are severely dated, featuring aging cabinetry and linoleum flooring with visible tape repairs. The exterior structures show significant weathering and the property is primarily marketed for its industrial zoning and land use rather than residential condition, indicating a need for a full rehab.
The rare A-1 zoning allows for a unique live/work opportunity, making it an ideal location for trades such as auto body, welding, or small business owners requiring industrial workspace.
Situated near Downtown Phoenix with immediate access to major freeways, Sky Harbor Airport, and the light rail, the property offers exceptional connectivity for business operations.
The property presents a strong investment case with the potential to generate $3,000 to $4,000 per month from the workspace alone, supplemented by existing residential rental income.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 1, other record bedroom count = 2.
Built in 1950, the property may require significant updates or modernization to its core systems and finishes to meet contemporary commercial or residential standards.
The current one-bedroom configuration is restrictive for traditional residential use, likely necessitating further renovation or conversion to appeal to a broader range of occupants.
LIVE/WORK OPPORTUNITY. ONE BEDROOM (COULD EASILY BE TWO BEDROOMS) A-1 ZONED PROPERTY THAT IS PERFECT FOR A SMALL BUSINESS OWNER, AUTO BODY WORK, WELDING, OR ANY TRADES. ANY SMALL BUSINESS OPERATION THAT NEEDS WORKSPACE OR STORAGE. CLOSE TO DOWNTOWN, FREEWAYS, AIRPORT AND LIGHT RAIL, CURRENT TENANT PAYS $1,000 ON MONTH TO MONTH LEASE AND WORK SPACE CAN BE LEASED FOR $3,000- $4,000 PER MONTH.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,372 | - |
| Lot Size | 6,503 | - |
| Price | $395.0K | $495.4K |
| Price per sq ft | $288 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 94 | 1260 |
May 25, 2026
$395,000
$425,000
-7% Price Drop
Initial Listing
Apr 20, 2026
$425,000
Initial Listing