2222 W Flower Street, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 4 bath
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Phoenix, AZ 85015
This property represents a Prime Investment Opportunity with a List Price of $480,000—positioned well below the $755,042 Fair Market Value by 36%. This significant valuation gap secures $275,042 in Instant Equity for buyers prepared to address deferred maintenance. Featuring a rare 4-bedroom, 4-bathroom configuration and a Condition Rating of 4, the home offers immense value-add potential through modernization of its 1954 infrastructure. With a 7,029 square foot lot and no HOA, this asset is a high-yield acquisition for Buy-and-Hold Investors or Fix-and-Flip Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 W Flower Street Subject | $450,000* List Price | 4 | 4 | 1,850 | $240 | - |
A 2124 W PINCHOT Avenue Sold | $425,000 | 3 | 2 | 1,658 | $256 | 0.2 mi |
B 2233 W FLOWER Street Sold | $345,000 | 3 | 2 | 1,340 | $257 | 0.0 mi |
C 3312 N 15TH Avenue Sold | $435,000 | 2 | 2 | 1,858 | $234 | 0.9 mi |
D 1702 W INDIAN SCHOOL Road Sold | $413,000 | 3 | 2 | 1,591 | $260 | 0.9 mi |
E 2238 W CATALINA Drive Active | $395,000 List Price | 4 | 2 | 1,780 | $222 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property has undergone some cosmetic updates, including the installation of wood-look tile flooring and updated kitchen cabinetry with stainless steel appliances. However, the home shows signs of age and deferred maintenance; the exterior landscaping is poor, and the presence of a window AC unit in a bedroom suggests the central cooling system may be inadequate. While functional and livable, the interior finishes are basic, and the property requires further modernization and minor repairs to meet current market standards for a 'good' condition.
The property features a rare 4-bedroom, 4-bathroom configuration within 1,850 square feet, providing an unusually high level of privacy and convenience for residents or potential rental opportunities.
Located in Westwood Village with zero association fees, this home offers homeowners significant monthly savings and freedom from the restrictive covenants common in newer Phoenix developments.
The 7,029 square foot lot provides a substantial outdoor footprint for an urban property, offering ample space for landscaping, outdoor entertaining, or future property improvements.
Originally built in 1954, the property may require more intensive maintenance or updates to its core infrastructure, such as plumbing and electrical systems, compared to newer builds.
The assigned public schools carry lower ratings (3 and 4 out of 10), which may be a deterrent for families prioritizing top-tier educational districts and could impact long-term resale value.
Spacious home in a highly desirable neighborhood! This well-designed layout offers generous living areas perfect for everyday comfort and entertaining. A standout feature is the additional kitchen with its own living space and private restroom, ideal for multi-generational living, guests, rental potential, or a private home office setup. Enjoy flexibility, functionality, and room to grow in this beautifully maintained property. Don't miss this incredible opportunity!
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 1,850 | - |
| Lot Size | 7,029 | - |
| Price | $450.0K | $495.4K |
| Price per sq ft | $243 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 156 | 1260 |
Jun 16, 2026
$450,000
$465,000
-3% Price Drop
Initial Listing
Jun 6, 2026
$465,000
$480,000
-3% Price Drop
Initial Listing
Feb 17, 2026
$480,000
Initial Listing