2302 W ORANGE Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 4 bath
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Phoenix, AZ 85015
This Fully Remodeled Multi-Unit Residence is a Strong Value Opportunity, listed at $489,000—positioned well below the $540,746 Fair Market Value by 9%. This valuation gap provides $51,746 in Instant Equity. Boasting an Excellent Condition Rating, the property features a 420 sqft detached guest house, granite countertops, and EV charging. With No HOA and two RV gates on a 9,609 sqft lot, it offers rare versatility for rental income or multigenerational living in Central Phoenix. This asset is ideal for Owner-Occupants seeking a house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2302 W ORANGE Drive Subject | $489,000* List Price | 4 | 4 | 2,124 | $255 | - |
A 4509 N 20TH Avenue Sold | $390,000 | 4 | 3 | 2,039 | $191 | 0.8 mi |
B 2010 W HAZELWOOD Street Sold | $475,000 List Price | 4 | 3 | 2,360 | 0.7 mi | |
C 1930 W MISSOURI Avenue Sold | $454,500 | 4 | 3 | 1,606 | $283 | 0.5 mi |
D 2216 W BERRIDGE Lane Sold | $525,000 | 4 | 2 | 1,927 | $272 | 1.0 mi |
E 2206 W RANCHO Drive Active | $450,000 List Price | 4 | 2 | 1,916 | $235 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1948, the property has undergone an extensive, high-quality renovation within the last 5 years, meeting the criteria for 'excellent' condition. The interior features modern large-format tile flooring, granite countertops, and stainless steel appliances. Major systems and features have been updated, including a new Bradford White water heater, EV charging station, epoxy garage flooring, and modern light fixtures. The property is move-in ready with no visible deferred maintenance and high-quality finishes throughout both the main house and the detached guest house.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9609, living area = 2124.
The property includes a 420 sqft detached guest house with a full bath, offering excellent versatility for rental income, a home office, or multigenerational living.
Fully remodeled inside and out, the home features premium additions such as granite countertops, EV charging, a water filtration system, and epoxy garage flooring.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2124, other record living area = 1770.
The assigned public schools for this address have low performance ratings (ranging from 1 to 3), which may be a drawback for families prioritizing education.
While the home is beautifully remodeled, the original 1948 construction may still present maintenance challenges common to mid-century properties.
No HOA, detached guest house, two RV gates, and a large lot in Central Phoenix- this is the kind of setup everyone is looking for. The main home is 1704 sqft and offers 4 bedrooms and 3 bathrooms, with a 420 sqft guest house featuring a full bath and flexible space for guests, rental income, home office, or multigenerational living. The home has been fully remodeled inside and out. Just a few upgrades include granite countertops, modern light fixtures, water filtration system, entertainment center, electric vehicle charging, and a Bradford White water heater. The garage features clean epoxy flooring, and the guest house has brand new carpet for a fresh finish. Located just minutes from GCU, shopping, dining, parks, and quick freeway access. A rare opportunity to own a versatile property!
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades 4-8 • 0.2 mi
Grades 9-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 4.0 | 2.0 | 95% |
| Square foot | 2,124 | 1,474.5 | 89% |
| Lot Size | 9,609 | 7,693 | 82% |
| Price | $489.0K | $370.0K | 78% |
| Price per sq ft | $230 | $263 | 37% |
| Built year | 1948 | 1951 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 13 | 994 | 1% |
Apr 12, 2026
$489,000
Initial Listing