2116 N 49TH Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 3 bed, 2 bath
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This Value-Add Residential Asset is listed at $335,000, representing a stable entry point aligned with its $333,936 Fair Market Value. Currently holding a Fair Condition Rating, the home features a versatile bonus room for a fourth-bedroom conversion and a desirable RV gate on a private cul-de-sac location. With no HOA and a 1964 vintage infrastructure, the property offers a clear path for forced appreciation through cosmetic modernizations. This functional property is a strategic opportunity for Buy-and-Hold Investors or first-time buyers seeking to build long-term equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2116 N 49TH Avenue Subject | $335,000* List Price | 3 | 2 | 1,248 | $268 | - |
A 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.6 mi |
B 5243 W VERNON Avenue Sold | $380,000 | 3 | 2 | 1,332 | $285 | 0.4 mi |
C 2323 N 49TH Drive Sold | $330,000 List Price | 3 | 2 | 1,350 | 0.1 mi | |
D 2047 N 54TH Lane Sold | $338,000 | 3 | 2 | 1,212 | $279 | 0.6 mi |
E 5336 W LEWIS Avenue Sold | $355,000 | 3 | 2 | 1,310 | $271 | 0.6 mi |
F 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.6 mi |
G 2830 N 48TH Lane Active | $309,900 List Price | 4 | 2 | 1,288 | $241 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1964, the property is described as having 'potential' and 'vintage infrastructure,' indicating it is likely in original or dated condition. While maintained as a 'comfortable living space,' the lack of mentioned upgrades to the kitchen, bathrooms, or major systems suggests the home is functional but shows significant signs of age consistent with the 'fair' category.
The inclusion of a spacious bonus room provides excellent versatility, allowing the home to easily function as a four-bedroom property or accommodate a dedicated home office or playroom.
The property features a desirable RV gate and ample lot space, offering significant value for homeowners needing extra parking, recreational vehicle storage, or room for a future pool.
Situated in a peaceful cul-de-sac, the home benefits from reduced through-traffic and increased privacy, making it a safer and more serene environment for residents.
The assigned public schools have relatively low ratings, ranging from 2 to 4, which may be a concern for families prioritizing academic performance and could impact future resale value.
Built in 1964, the property may require updates to major systems or cosmetic modernizations to meet the expectations of contemporary buyers looking for move-in-ready homes.
Welcome to this charming 3 bedroom 2 bath home nestled in a peaceful cul-de-sac! Offering over 1200 sq ft of comfortable living space, this property features a spacious bonus room that can easily serve as a 4th bedroom, home office, or playroom. Enjoy the convenience of an RV gate with plenty of room for extra parking, a pool or outdoor storage. Inside, the layout feels open and inviting, perfect for both everyday living and entertaining. This home has the flexibility, location, and potential you've been looking for! Don't miss out on this great opportunity!
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades K-5 • 1.1 mi
Grades K-5 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,248 | 1,525.5 | 21% |
| Lot Size | 6,242 | 6,298.5 | 49% |
| Price | $335.0K | $315.0K | 67% |
| Price per sq ft | $268 | $191 | 88% |
| Built year | 1964 | 1975 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 143 | 1060 | 11% |
Dec 4, 2025
$335,000
Initial Listing