2515 N 45TH Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 4 bed, 3 bath
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Phoenix, AZ 85035
This property presents a High-Potential Investment Opportunity with a List Price of $395,000—positioned slightly above the $382,298 Fair Market Value. While the property requires a full interior rehab due to its Fair/Poor Condition Rating, the oversized corner lot and RV access provide significant value-add potential. The 2,578 sqft layout offers a competitive price-per-square-foot for the area. This asset is ideal for Fix-and-Flip Investors or Contractors capable of executing a comprehensive renovation to modernize the home's systems and finishes.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2515 N 45TH Avenue Subject | $395,000* List Price | 4 | 3 | 2,578 | $148 | - |
A 5201 W Cypress Street Sold | $285,000 List Price | 4 | 2 | 1,912 | 0.9 mi | |
B 5150 W HUBBELL Street Sold | $320,000 List Price | 4 | 2 | 1,769 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1983 (41 years old) with no apparent renovations. The kitchen and bathrooms feature original oak cabinetry and laminate surfaces showing significant wear and tear. The property requires a full interior rehab, including flooring, cabinetry, and systems, as well as extensive landscaping and removal of dilapidated backyard structures.
The absence of an HOA combined with a dedicated RV gate offers homeowners significant freedom and cost savings, making it ideal for storing recreational vehicles, trailers, or work equipment without restrictions.
Boasting over 2,500 square feet of living space at a competitive price point, this property provides a generous 4-bedroom layout that offers a significantly lower price-per-square-foot than many comparable Phoenix listings.
Situated on an oversized corner lot, the property offers enhanced privacy, additional outdoor living space, and greater flexibility for future improvements or landscaping compared to standard interior lots.
The assigned elementary, middle, and high schools currently hold lower performance ratings (3-4 range), which may be a primary concern for families prioritizing academic rankings.
Built in 1983, the home may require near-term capital investments for updates to major systems or cosmetic finishes to meet modern energy efficiency standards and contemporary aesthetic preferences.
4-bedroom, 2.5-bath home situated on a desirable corner lot with no HOA! This well-maintained property features a functional floor plan with comfortable living spaces, perfect for everyday living and entertaining. Enjoy the convenience of an RV gate, providing easy access for your RV.The oversized corner lot offers added privacy and plenty of room for outdoor living, future improvements, or additional parking. A rare opportunity to own a home with no HOA, a corner lot, and space for all your toys!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.8 mi
Grades 6-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,578 | - |
| Lot Size | 7,410 | - |
| Price | $395.0K | $495.4K |
| Price per sq ft | $153 | $290 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 20, 2026
$395,000
Initial Listing