
Phoenix, AZ 85032
This Value-Add Investor Special is listed at $339,900, representing a strategic renovation project in a high-demand Phoenix corridor. With a Condition Rating of 5, the property is currently positioned relative to a $274,781 Fair Market Value, reflecting its "as-is" state and the significant upside potential available through modernization. The asset features a Functional 3-Bedroom Layout, a Private Patio, and a substantial 8,517 SqFt Lot with No HOA Restrictions. This is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors looking to capitalize on strong area demand.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2602 E CHARLESTON Avenue Subject | $339,900* List Price | 3 | 2 | 1,426 | $193 | - |
A 2843 E VILLA THERESA Drive Sold | $300,000 List Price | 3 | 2 | 1,640 | 0.4 mi | |
B 2650 E HARTFORD Avenue Sold | $438,000 | 3 | 2 | 1,521 | $288 | 0.5 mi |
C 2501 E VILLA RITA Drive Active | $425,000 List Price | 3 | 2 | 1,416 | $300 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 and marketed as an 'investor special,' this property requires a full rehab. Images show a bathroom in significant disrepair with outdated fixtures and heavy grime, while the overall condition suggests neglect and the need for major system and cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8517, living area = 1426.
Marketed as an 'investor special' with solid bones and a functional layout, this property offers significant equity upside through a fix-and-flip or long-term rental strategy.
Situated in a desirable Phoenix area with immediate access to major freeways, shopping, and dining, ensuring strong future resale demand and tenant appeal.
The property is explicitly listed as a renovation project, requiring substantial upfront investment to address deferred maintenance and modernize the interior.
Built in 1981 and sold in 'as-is' condition, the home likely requires costly updates to major components such as the roof, HVAC, or plumbing to meet current standards.
HOME IS BEING SOLD AS IT NO REPAIRS WILL BE MADE AND NO PRICE CHANGES WILL BE MADE DURING INSPECTION PERIOD. Seller will also NOT ALLOW assignments. nvestor special in a highly desirable Phoenix location! This 3-bedroom, 2-bath property is a prime value-add opportunity ready for renovation. Ideal for fix-and-flip or long-term rental hold, with strong upside potential after rehab. Functional layout and solid bones provide the perfect canvas to create a high-demand rental or resale. Conveniently located near shopping, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,426 | - |
| Lot Size | 8,517 | - |
| Price | $339.9K | $495.4K |
| Price per sq ft | $238 | $290 |
| Built year | 1981 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 1260 |
Apr 22, 2026
$339,900
Initial Listing