2112 N 24TH Place, Phoenix, AZ 85008, Phoenix, 85008 - 2 bed, 1 bath
Loading property details...
Phoenix, AZ 85008
This Recently Renovated Historic Bungalow represents a High-Potential Investment Opportunity listed at $349,000. Although positioned above the $308,927 Fair Market Value, the valuation reflects the significant upside of Approved Expansion Plans to create a 3-bedroom main residence and a detached 2-bedroom guest house. The home boasts a Condition Rating of 2 with modern interior updates and sits on an expansive 9,169 sqft lot featuring dual RV access. Located near Camelback High School, this asset is ideal for Value-Add Investors or Owner-Occupants seeking future rental income.
Property is new construction or fully renovated.
Although originally built in 1930, the property has undergone an extensive recent renovation within the last few years. The interior features new wood-look flooring, modern baseboards, fresh paint, and updated lighting fixtures. The bathroom has been fully modernized with contemporary marble-patterned tile and new fixtures. The home appears to be in like-new condition with no visible deferred maintenance, meeting the criteria for a recently renovated property.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9169, living area = 896.
The property comes with approved plans to expand the main house to a 3-bedroom, 2-bathroom layout and construct a separate 2-bedroom guest house, offering massive value-add and rental income potential.
The large 9,169 sqft lot features rare RV gate access from both the front street and the back alley, providing exceptional utility for vehicle storage or business owners.
At just 896 square feet with a single bathroom, the current living space is quite limited and may require immediate expansion to suit modern family needs.
Built in 1930, the property likely requires updates to aging infrastructure and core systems to meet contemporary efficiency and building standards.
Discover the charm of this cozy 2-bedroom, 1-bathroom home, perfect for first-time buyers or small families. Ideally located just minutes from downtown and the vibrant Scottsdale area, this property offers convenience and lifestyle. Situated on an expansive lot with RV gate access from both the front street and back alley, it's a dream for vehicle enthusiasts or business owners in need of extra space. This property also comes with approved plans for an incredible transformation! The main house can be expanded to a 3-bedroom, 2-bathroom layout, while the plans include a 2-bedroom, 1-bathroom guest house. Whether you're an investor or looking to accommodate extended family, guests, or generate rental income, this property is full of potential and possibilities.
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades K-8 • 0.6 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 21% |
| Square foot | 896 | 1,518 | 12% |
| Lot Size | 9,169 | 7,780 | 73% |
| Price | $349.0K | $380.0K | 42% |
| Price per sq ft | $390 | $252 | 85% |
| Built year | 1930 | 1954 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 199 | 1569 | 20% |
Oct 9, 2025
$349,000
Initial Listing