21 S 28TH Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 4 bed, 2 bath
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Phoenix, AZ 85009
This property represents a High-Potential Investment Opportunity with a List Price of $297,500—positioned well below the $363,609 Fair Market Value by 18%. This valuation gap offers $66,109 in Instant Equity for buyers prepared to address its Fair Condition Rating. The 4-bedroom residence features a 7,365 sqft lot with an oversized RV gate and extended paved driveway. Sold as-is, the asset provides significant forced appreciation potential through cosmetic updates. This is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 21 S 28TH Avenue Subject | $297,500* List Price | 4 | 2 | 1,065 | $341 | - |
A 2118 W ADAMS Street Sold | $386,000 | 3 | 2 | 1,327 | $291 | 0.8 mi |
B 3113 W Madison Street Pending | $270,000 List Price | 4 | 2 | 1,019 | $265 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, originally built in 1946, has received some notable updates including a kitchen with stainless steel appliances, granite countertops, and shaker-style cabinetry. However, the interior shows visible wear and tear, particularly with worn carpeting and unfinished wall surfaces. The listing's 'as-is' condition and the need for cosmetic improvements like paint and flooring align with the 'fair' category, as the home is functional but requires minor updates to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7365, living area = 1065.
The property features a fully fenced lot with two front gates, an oversized RV gate, and an extended paved driveway, providing exceptional space for multiple vehicles or recreational storage.
The primary suite is designed with direct backyard access, offering a functional indoor-outdoor flow and added convenience for the homeowners.
The home is being sold in as-is condition and requires updates and improvements, which may necessitate a substantial additional investment from the buyer.
With 4 bedrooms configured within just 1,065 square feet, the individual room sizes and living areas are likely to feel cramped and may lack sufficient storage.
4-bedrroom, 2 bath home on a spacious, fully fenced lot with standout exterior features. The exterior features two front gates plus an oversized RV gate, an extended paved driveway, and a large backyard. The primary suite includes direct backyard access for added convenience and functionality. This home presents a great opportunity for updates and improvements. Priced accordingly to reflect condition, home is being sold as-is.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,065 | 1,260.5 | 29% |
| Lot Size | 7,365 | 6,410 | 74% |
| Price | $297.5K | $245.8K | 66% |
| Price per sq ft | $279 | $192 | 75% |
| Built year | 1946 | 1953 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 1215 | 1% |
Feb 24, 2026
$297,500
Initial Listing