2639 N 28TH Place, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Renovated Single Family Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well above the $556,984 Fair Market Value by -16%. While priced above market, the property features a Condition Rating of 2 with $275,000 in recent upgrades, including a new roof and HVAC. The 1/3-acre double lot with R-16 Zoning offers significant development potential for a guest house or workshop. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, high-utility asset in Central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2639 N 28TH Place Subject | $650,000* List Price | 3 | 2 | 1,465 | $380 | - |
A 2621 N 30TH Place Pending | $590,000 List Price | 3 | 2 | 1,422 | $415 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Extensively renovated with $275,000 in recent upgrades. All major systems are new, including the roof, HVAC, electrical, tankless water heater, and sewer line. Interior features modern wood-look tile, vaulted ceilings, and fully remodeled bathrooms with high-end fixtures like a Jacuzzi tub and rain shower, meeting the criteria for a recent, mint-condition renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13930, living area = 1465.
With approximately $275,000 invested in major upgrades including a new roof, HVAC, electrical, and energy-efficient spray foam insulation, the property offers the reliability of a newer home with vintage character.
The rare 1/3-acre double lot paired with R-16 zoning and no HOA provides exceptional flexibility for adding a guest house, workshop, or exploring high-density residential opportunities.
Despite the renovations, the 1935 original structure features a galley-style kitchen and a modest 1,465 square footage, which may feel restrictive for buyers seeking a modern open-concept floor plan.
The assigned public schools for this address currently hold lower performance ratings, which may be a drawback for families prioritizing top-tier educational districts.
RENOVATED, R-16 ZONING & RARE DOUBLE LOT IN CENTRAL PHOENIX! Thoughtfully renovated with approximately $275,000 invested, this move-in ready home blends modern upgrades with timeless character on an expansive 1/3-acre double lot. Major improvements include a new roof, HVAC system, tankless water heater, windows, updated electrical, newer sewer line, spray foam insulation for enhanced energy efficiency & more! Inside, wood-look tile flooring, vaulted ceilings & abundant natural light create a warm, inviting atmosphere. The spacious living room flows through a wide archway into the formal dining area before leading to the galley-style kitchen, complete with oak cabinetry, stainless steel appliances, a 6-burner range & a pantry area in the adjacent laundry room. A separate flex room off the living area offers the perfect space for a home office, sitting room or hobby area. The remodeled guest bathroom features extensive storage & a walk-in Jacuzzi® soaking tub with mood lighting. The primary suite offers private backyard access, vaulted ceilings & a remodeled ensuite showcasing a 20-inch rain shower head. The large covered patio overlooks the expansive backyard, offering plenty of room to expand, add a guest house, workshop, garden or create your own outdoor retreat. The SRP-irrigated lot adds another valuable feature to this spacious property. With R-16 zoning, no HOA & short distance access to SR-51, Loop 202, I-10, Camelback East Village, Downtown Phoenix, Sky Harbor Airport, shopping, dining & more, this property offers a rare combination of flexibility, location & long-term potential.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades K-8 • 0.8 mi
Grades K-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,465 | - |
| Lot Size | 13,930 | - |
| Price | $650.0K | $495.4K |
| Price per sq ft | $444 | $290 |
| Built year | 1935 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$650,000
Initial Listing