2436 W PIMA Street, Phoenix, AZ 85009, Phoenix, 85009 - 3 bed, 2 bath
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Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $264,895 Fair Market Value by -5%. While the property requires a full rehab due to its Fair/Poor Condition Rating, the split floor plan, vaulted ceilings, and newer roof provide a solid structural foundation. Located near the Capitol Mall, this asset offers significant value-add potential through interior modernization. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project in a developing urban district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2436 W PIMA Street Subject | $279,000* List Price | 3 | 2 | 1,362 | $194 | - |
A 1936 W HADLEY Street Sold | $315,000 List Price | 3 | 2 | 1,494 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 and marketed as an 'Investor Special,' this property requires a full rehab. While the roof is noted as newer, the interior is in poor condition with an incomplete kitchen, missing appliances, holes in the ceiling, and dated finishes throughout.
Situated near the Capitol Mall and the emerging Downtown District, this property offers significant appreciation potential in a rapidly developing urban area.
The home features a modern split floor plan with vaulted ceilings and a newer roof, providing a solid structural foundation and functional living space rarely found in 1940s builds.
The spacious lot is well-equipped with a secure block wall, a large covered patio, and a Tuff shed, offering excellent storage and outdoor entertaining space.
Marketed as an 'Investor Special,' the property likely requires significant cosmetic or system updates to reach modern standards and full market value.
The assigned high school carries a lower performance rating, which may impact the property's appeal to families prioritizing top-tier educational districts.
Investor Special! 3 bedroom, 2 bathroom home! Vaulted ceilings in the living room! Split floor plan! Interior laundry room! Newer roof! Spacious lot with block wall, large covered patio and Tuff shed! Rainbow Vista neighborhood near Capitol Mall & new Downtown District!!
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,362 | - |
| Lot Size | 6,351 | - |
| Price | $279.0K | $495.4K |
| Price per sq ft | $205 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 29 | 1260 |
Jun 23, 2026
$279,000
Initial Listing