
Phoenix, AZ 85015
This High-Potential Investment Opportunity is a unique Dual-Building Asset listed at $430,000—positioned well above the $389,314 Fair Market Value by -10%. Featuring a fully renovated 2-bedroom main home and a massive 1,600 sq ft workshop, the property offers significant utility for multi-generational living or rental income. Despite a Condition Rating of 2 and modern interior upgrades, the limited primary square footage and local school ratings suggest a focus on functional utility. This property is ideal for Buy-and-Hold Investors or Owner-Occupants seeking flexible workspace.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2142 W COOLIDGE Street Subject | $415,000* List Price | 2 | 2 | 750 | $505 | - |
A 3640 N 21ST Avenue Sold | $360,000 | 2 | 1 | 899 | $400 | 1.0 mi |
B 3640 N 21ST Avenue Sold | $360,000 | 2 | 1 | 899 | $400 | 1.0 mi |
C 3646 N 21ST Avenue Pending | $365,000 List Price | 2 | 1 | 936 | $390 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1949, the property has undergone a comprehensive, top-to-bottom renovation within the last 5 years. The interior features modern finishes including new LVP flooring, white shaker cabinetry, quartz countertops, and updated stainless/black appliances. The bathrooms are fully remodeled with contemporary tile work, LED mirrors, and new vanities. Major systems, including a brand-new roof and AC system, have been replaced, meeting the criteria for a fully renovated property with no deferred maintenance.
The property features two separate buildings, including a fully remodeled main home and a massive 1,600 sqft workshop with its own bathroom, offering rare flexibility for a studio, guest house, or home office.
The home is completely move-in ready with high-value improvements including a brand-new roof, new AC system, updated flooring, and modern kitchen appliances.
With a 1,600 sqft secondary structure that is larger than the main house, there is immense potential for rental income or multi-generational living on a single lot.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 750, other record living area = 900.
At only 750 square feet for the main 2-bedroom residence, the interior living area may feel cramped for some buyers or larger households.
The assigned public schools have low performance ratings, including a rating of 1 for the primary school, which may impact long-term resale value for families.
Two separate buildings for the price of one! This fully remodeled 2-bedroom, 2-bath home has been completely upgraded from top to bottom, featuring a brand-new roof, new AC system, new appliances, modern fixtures, new flooring, and beautifully remodeled bathrooms, making it truly move-in ready. The property also includes a separate workshop with 1600 sq ft its own bathroom, perfect for a studio, guest space, home office, or potential main house. With flexible living space and thoughtful upgrades throughout, this property offers comfort, functionality, and endless possibilities.
No exterior & parking available.
Grades K-3 • 0.2 mi
Grades 4-8 • 0.7 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 750 | - |
| Lot Size | 5,900 | - |
| Price | $415.0K | $495.4K |
| Price per sq ft | $553 | $290 |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 201 | 1260 |
Jul 22, 2026
$415,000
$430,000
-3% Price Drop
Initial Listing
Jul 1, 2026
$430,000
$450,000
-4% Price Drop
Initial Listing
Jan 3, 2026
$450,000
Initial Listing