
Chandler, AZ 85224
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $350,163 Fair Market Value by -28%. While the home requires significant interior updates, its Condition Rating of 5 is offset by a large 9,757 sqft lot, a private pool, and no HOA restrictions. Major capital items like the roof and secondary bathroom are already complete, providing a solid foundation for value-add renovations. This is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants utilizing renovation loans to build equity.
Property is extensive renovation needed.
Built in 1980 (>40 years old) and marketed as an investor project or renovation loan candidate. While the roof and one bathroom are updated, the interior shows significant neglect including missing flooring (exposed concrete), wall cracks, popcorn ceilings, and dated systems. It requires a full cosmetic rehab to be move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9757, living area = 1856.
Elementary School: Franklin at Brimhall Elementary School (9/10).
Priced strategically to allow for meaningful equity growth, this property offers massive upside for investors or buyers utilizing renovation loans like FHA 203(k).
The home requires significant interior cosmetic updates and a creative vision to modernize the space, which may deter buyers seeking a move-in-ready residence.
While some elementary options are strong, the assigned junior high and high schools have lower ratings (2 and 4 respectively), which could impact appeal for families.
Big lot. Pool. Massive upside. This one's priced to leave room, comps in the neighborhood support meaningful equity for a buyer using a FHA 203(k) or HomeStyle renovation loan, or for an investor looking for their next project. Some major capital items are already handled: new roof, new secondary bathroom, and 4 out of 8 windows and both rear exterior doors replaced. Generously sized 3 bedroom home on the original footprint with no HOA. Bring your vision for the cosmetics and walk into equity.
No exterior & parking available.
Grades PK-6 • 1.5 mi
Grades K-6 • 2.1 mi
Grades K-6 • 5.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,856 | - |
| Lot Size | 9,757 | - |
| Price | $435.0K | $527.5K |
| Price per sq ft | $234 | $302 |
| Built year | 1980 | 0 |
| HOA | $0 | $0 |
| Days on market | 64 | 2748 |
Jun 28, 2026
$435,000
$439,000
-1% Price Drop
Initial Listing
Jun 14, 2026
$439,000
$449,000
-2% Price Drop
Initial Listing
May 20, 2026
$449,000
Initial Listing