
Phoenix, AZ 85009
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $324,990—positioned well above the $294,186 Fair Market Value. While priced above market, the property features a Condition Rating of 3, showcasing significant modern upgrades like dual-pane windows and artificial turf. The open floor plan and large lot with an RV gate provide functional versatility for long-term utility. Located near major freeways and local schools, this property offers a stable foundation for Buy-and-Hold Investors or first-time buyers seeking a move-in ready home with expansion potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2615 W WASHINGTON Street Subject | $324,990* List Price | 2 | 1 | 921 | $319 | - |
A 2502 W JEFFERSON Street Sold | $230,000 | 2 | 1 | 904 | $254 | 0.2 mi |
B 2212 W MADISON Street Sold | $335,000 | 3 | 2 | 1,000 | $335 | 0.5 mi |
C 2302 W MONROE Street Sold | $360,000 | 3 | 2 | 1,139 | $316 | 0.4 mi |
D 3012 W McKinley Street Sold | $313,900 | 3 | 1 | 1,253 | $251 | 0.8 mi |
E 3215 W Taylor Street Sold | $264,000 | 2 | 1 | 702 | $376 | 0.8 mi |
F 2825 W Madison Street Active | $293,500 List Price | 3 | 1 | 968 | $303 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1946, the property shows clear signs of significant renovation and maintenance. The exterior features modern dual-pane windows, fresh paint, and high-end landscaping including pavers and artificial turf. The description of an 'open floor plan' suggests interior modernization of the original 1940s layout, making it a move-in ready home that exceeds the typical condition of its age.
The property is strategically located with quick access to downtown Phoenix and major freeways, offering excellent connectivity for commuters and urban lifestyle seekers.
A large backyard featuring a desirable RV gate provides ample room for recreational vehicles, trailers, or additional secure parking, which is a high-demand feature.
The home boasts an inviting open floor plan that maximizes its square footage, creating a bright and seamless flow between living and kitchen areas ideal for modern living.
With only two bedrooms and a single bathroom across 921 square feet, the property's small footprint may limit its appeal to larger families or those needing a home office.
Built in 1946, the home may require significant updates to its aging systems or structural components to meet modern efficiency and safety standards.
Welcome home to this charming starter home offering an inviting open floor plan designed for comfortable everyday living and easy entertaining. The spacious layout flows seamlessly from the living area to the kitchen, creating a bright and functional space you'll love. Outside, you'll find a large backyard. The RV gate provides added convenience with ample space for recreational vehicles, trailers, or extra parking. An increasingly desirable feature for homeowners. Conveniently located with quick access to downtown Phoenix, major freeways, shopping, dining, and entertainment, this property offers both value and potential. Whether you're a first-time homebuyer or an investor looking for a property to add to the portfolio. This is the one!
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 921 | - |
| Lot Size | 6,965 | - |
| Price | $325.0K | $495.4K |
| Price per sq ft | $353 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 5 | 1260 |
Jul 17, 2026
$324,990
Initial Listing