2143 W Luke Avenue, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 2 bath
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Phoenix, AZ 85015
This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well below the $373,492 Fair Market Value (Note: Market adjustment reflects current condition). While the home requires cosmetic updates given its Condition Rating of 4, the expansive 9,827 sqft lot provides significant upside for value-add projects. The property features an open layout and durable tile flooring, offering a solid foundation for renovation. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking to build equity through strategic improvements.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2143 W Luke Avenue Subject | $380,000* List Price | 4 | 2 | 1,347 | $277 | - |
A 2033 W PALO VERDE Drive Sold | $375,000 | 4 | 2 | 1,413 | $265 | 0.4 mi |
B 5616 N 22nd Drive Sold | $380,000 | 3 | 2 | 1,500 | $253 | 0.1 mi |
C 1930 W MISSOURI Avenue Sold | $454,500 | 3 | 2 | 1,298 | $350 | 0.3 mi |
D 5616 N 22ND Drive Sold | $380,000 | 3 | 2 | 1,500 | $253 | 0.1 mi |
E 6141 N 16TH Drive Sold | $475,000 | 2 | 2 | 1,598 | $297 | 0.9 mi |
F 6316 N 23rd Avenue Sold | $390,000 | 3 | 2 | 1,467 | $266 | 0.8 mi |
G 2232 W GEORGIA Avenue Pending | $287,000 List Price | 3 | 2 | 1,302 | $220 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is over 70 years old and features only minor recent updates such as tile flooring. The bathroom remains dated with older fixtures, and the listing notes that photos are virtually enhanced, suggesting the actual condition requires cosmetic and system updates to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9827, living area = 1347.
The property features a generous 9,827 sqft lot, providing significant outdoor space for entertaining, gardening, or potential future expansions in a central Phoenix location.
Upgraded large tile flooring throughout the home offers a durable and stylish foundation, while the open layout and four-bedroom configuration provide high functional utility.
The reliance on virtually enhanced photos to illustrate potential after cleaning and decluttering suggests the property may require immediate cosmetic attention or sweat equity.
The assigned public schools have low performance ratings (ranging from 1 to 3), which may be a concern for families and could impact long-term resale value.
Welcome to this spacious home featuring generously sized rooms and an open, comfortable layout designed for everyday living. Upgraded large tile flooring flows throughout the home, adding both style and durability. The expansive backyard offers plenty of space for entertaining, gardening, play, or creating your own outdoor retreat. Recent minor updates and improvements enhance the home's appeal while leaving opportunities for future personalization. Please note that some listing photos have been virtually enhanced to illustrate the property's potential appearance after decluttering and cleaning; actual conditions may vary.
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades 4-8 • 0.3 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,347 | - |
| Lot Size | 9,827 | - |
| Price | $380.0K | $495.4K |
| Price per sq ft | $282 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 52 | 1260 |
Jun 1, 2026
$380,000
Initial Listing