2047 W CAMBRIDGE Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 4 bed, 3 bath
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Phoenix, AZ 85009
This Multi-Generational Residential Property is a High-Potential Investment Opportunity, listed at $949,000—positioned above the $854,732 Fair Market Value. While priced for its unique utility, the home features a Fair Condition Rating due to vintage interior finishes, offering significant upside for cosmetic modernization. Highlights include a 0.42-acre lot, private guest quarters, and Pella dual-pane windows. This versatile asset is ideal for Buy-and-Hold Investors seeking rental flexibility or Owner-Occupants looking to leverage the guest suite for multi-generational living.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2047 W CAMBRIDGE Avenue Subject | $949,000* List Price | 4 | 3 | 3,347 | $255 | - |
A 2011 W CAMBRIDGE Avenue Sold | $680,000 | 4 | 3 | 2,456 | $277 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the home is well-maintained and features high-quality upgrades like Pella windows and dual HVAC systems, the interior finishes in the kitchen and bathrooms (floral tile counters, oak cabinetry, and older appliances) reflect a renovation style that is likely 20-30 years old, placing it in the 'Fair' category for needing modernization.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18282, living area = 3347.
The property includes private guest quarters with separate entrances and an ADA-compliant bathroom, providing exceptional flexibility for extended family, guests, or potential rental income.
Situated on a rare 0.42-acre lot, the home offers extensive outdoor utility with an RV gate, double-gated side entry parking, a large storage shed, and mature citrus trees.
The assigned public schools have relatively low performance ratings (3/10 and 4/10), which may be a concern for families prioritizing the local public education system.
Despite extensive updates, the 1956 original construction date may imply underlying infrastructure limitations or maintenance requirements common in older homes compared to modern builds.
Beautifully updated 3,347 sq ft home on a 0.42-acre lot in Encanto Estates with private guest quarters. Features include Pella dual-pane windows, vaulted ceilings, gas fireplace, custom built-ins, and a spacious family room leading to a bricked patio with water feature. Chef's kitchen includes dual sinks, walnut island with seating, LG dishwasher, and extensive storage. Guest quarters offer private entrances, ADA bath, and full living areas. RV gate, double gated side entry parking, a lot storage shed, citrus trees, 2 A/C units, 2 Evap coolers, and extra parking. A rare Phoenix find. 10 mins to Brophy & Xavier College Preparatory, ASU Downtown, Grand Canyon University and all the hot restaurants and downtown nightlife.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 3,347 | - |
| Lot Size | 18,282 | - |
| Price | $949.0K | $495.4K |
| Price per sq ft | $284 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 1260 |
Jul 1, 2026
$949,000
Initial Listing