2222 E MARCONI Avenue, Phoenix, AZ 85022, Phoenix, 85022 - 2 bed, 1 bath
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Phoenix, AZ 85022
This Value-Add Residential Asset is listed at $339,000, reflecting its current Condition Rating of 5. While the $245,814 Fair Market Value indicates a premium over the baseline estimate, the property offers substantial forced appreciation potential through a required rehab of the utility room and modernization of the 1976 infrastructure. The expansive 8,314 sqft lot and No HOA status provide rare flexibility for expansion in a prime North Phoenix corridor. This acquisition is ideally suited for Fix-and-Flip Investors or Contractors seeking a high-utilization project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2222 E MARCONI Avenue Subject | $339,000* List Price | 2 | 1 | 1,138 | $216 | - |
A 2323 E KATHLEEN Road Sold | $385,000 | 3 | 2 | 1,210 | $318 | 0.2 mi |
B 14860 N 21ST Place N Sold | $385,000 | 3 | 2 | 1,261 | $305 | 0.6 mi |
C 2326 E PARADISE Lane Sold | $280,000 | 2 | 1 | 1,272 | $220 | 0.3 mi |
D 1713 E AIRE LIBRE Avenue Sold | $430,000 | 3 | 2 | 1,160 | $371 | 0.7 mi |
E 15841 N 22nd Place Sold | $440,000 | 3 | 2 | 1,383 | $318 | 0.1 mi |
F 1705 E GRANDVIEW Road Sold | $380,000 | 2 | 2 | 1,358 | $280 | 0.7 mi |
G 2335 E BEVERLY Lane Active | $339,900 List Price | 4 | 2 | 1,315 | $258 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1976, the property features a dated kitchen and parquet flooring. While some rooms have cosmetic updates like new carpet, the utility room shows significant deferred maintenance with exposed wall studs, unfinished drywall, and aging systems that require a full rehab to ensure safety and functionality.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8314, living area = 1138.
Situated in a well-established North Phoenix neighborhood, the property offers excellent accessibility to major freeways, local parks, shopping, and dining.
The generous 8,314 sqft lot provides significant outdoor space for gardening, recreation, or potential property expansions, a rare find at this price point.
The home features only one bathroom, which may pose a challenge for multi-occupant households and could impact long-term resale value compared to 2-bath homes.
Built in 1976, the property may require updates to its original systems or cosmetic finishes to meet the expectations of modern buyers looking for contemporary amenities.
Welcome to this charming North Phoenix gem nestled in a well-established neighborhood! This inviting home at 2222 E Marconi Ave offers a perfect blend of comfort and convenience, featuring a spacious layout ideal for both relaxing and entertaining. Enjoy abundant natural light, a functional kitchen with ample storage, and cozy living spaces designed for everyday living. The generous backyard provides endless possibilities--whether you envision a garden, play area, or outdoor retreat. Located near parks, shopping, dining, and with easy freeway access, this home truly has it all. A wonderful opportunity to own a warm and welcoming home in a desirable location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 4% |
| Square foot | 1,138 | 1,786 | 6% |
| Lot Size | 8,314 | 7,931 | 56% |
| Price | $339.0K | $425.0K | 35% |
| Price per sq ft | $298 | $272 | 64% |
| Built year | 1976 | 1985 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 958 | 0% |
Apr 27, 2026
$339,000
Initial Listing
May 5, 1993
$50,500
Public Record