2335 W Myrtle Avenue, Phoenix, AZ 85021, Phoenix, 85021 - 4 bed, 3 bath
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Phoenix, AZ 85021
This property presents a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $406,414 Fair Market Value by -4%. While the main house requires significant completion, the fully renovated casita provides immediate utility. With a Condition Rating of 5, this asset offers substantial upside through interior finishing and lot utilization. The lack of HOA and presence of an RV gate enhance its versatility for small business or multi-generational use. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2335 W Myrtle Avenue Subject | $425,000* List Price | 4 | 3 | 2,299 | $177 | - |
A 2026 W Northview Avenue Sold | $384,000 | 4 | 2 | 2,035 | $189 | 0.4 mi |
B 2119 W BELMONT Avenue Sold | $517,000 | 3 | 3 | 2,315 | $223 | 0.5 mi |
C 7055 N 24TH Avenue Sold | $368,000 | 4 | 2 | 1,802 | $204 | 0.1 mi |
D 2250 W AUGUSTA Avenue Active | $500,000 List Price | 2 | 3 | 3,052 | $164 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the casita is fully renovated and move-in ready, the 1949 main house is currently mid-rehab and only 'fully framed,' meaning it lacks finished kitchens, bathrooms, and functional living systems. The property requires significant construction to be fully habitable.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14793, living area = 2299.
The property features a fully renovated, move-in ready 2-bedroom casita, offering immediate occupancy or rental income potential while the main residence is being completed.
Situated on a spacious 0.34-acre lot with an RV gate and no HOA restrictions, providing ample room for vehicle storage, small business operations, or outdoor expansion.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2299, other record living area = 1499.
The main house is currently only at the framing stage, requiring a substantial investment of time, labor, and capital to complete the interior finishes and systems.
The assigned elementary school has a low rating of 2/10, which may impact the property's appeal to families with young children and affect long-term resale value.
***RENO YOUR WAY**MULTI-GEN/SMALL BUSINESS OPPORTUNITY***FULLY RENOVATED CASITA***RV GATE***SELLER FINANCING AVAILABLE*** This gem has a ton of potential! MAIN HOUSE features lots of natural light and is FULLY FRAMED for 2 BED|2 ONSUITE BATH and OPEN LIVING PLAN. Decorate your way! FULLY RENOVATED CASITA is MOVE IN READY with 2 BED|1 BATH, large rooms, WALK IN CLOSETS and FULL LAUNDRY. HUGE .34 ACRE LOT has RV GATE and NO HOA.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,299 | - |
| Lot Size | 14,793 | - |
| Price | $425.0K | $495.4K |
| Price per sq ft | $185 | $290 |
| Built year | 1949 | 0 |
| HOA | $0 | $0 |
| Days on market | 38 | 1260 |
Jun 15, 2026
$425,000
Initial Listing