2721 E WIER Avenue, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 1 bath
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Phoenix, AZ 85040
This Income-Generating Residential Asset is a versatile entry into the Phoenix market, listed at $315,000, which aligns perfectly with its $315,000 Fair Market Value. Boasting a Condition Rating of 3, the home features critical capital improvements including a new roof, new HVAC system, and an updated kitchen with shaker cabinetry and stainless appliances. The inclusion of a newer casita offers a turnkey solution for supplemental rental income or a private home office. Located near South Mountain High School, this property represents a stable, high-utility acquisition for Buy-and-Hold Investors or Owner-Occupants looking to house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2721 E WIER Avenue Subject | $315,000* List Price | 4 | 1 | 1,096 | $287 | - |
A 2555 E MOBILE Lane Sold | $275,000 | 3 | 1 | 925 | $297 | 0.2 mi |
B 2555 E Mobile Lane Sold | $275,000 | 3 | 1 | 925 | $297 | 0.2 mi |
C 5020 S 20TH Place Sold | $335,000 | 3 | 2 | 1,269 | $264 | 0.9 mi |
D 2555 E Mobile Lane Sold | $275,000 | 3 | 1 | 925 | $297 | 0.2 mi |
E 2747 E WIER Avenue Active | $299,000 List Price | 3 | 1 | 864 | $346 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant recent capital improvements, including a new roof and HVAC system. The kitchen has been updated with modern white shaker-style cabinetry, stainless steel appliances (including a Samsung gas range), and updated flooring. Although the 1970s origin is visible in the painted block interior walls and the home only features one bathroom for four bedrooms, the overall maintenance, updated shower, and the addition of a newer casita elevate the condition above fair.
The property features a newer casita, providing a turnkey opportunity for rental income, a guest suite, or a private home office.
Significant capital improvements including a new roof and a new HVAC system reduce immediate maintenance concerns and improve energy efficiency.
Situated in the rapidly growing South Mountain area with desirable north/south exposure, the home offers easy access to downtown Phoenix and outdoor recreation.
With four bedrooms but only one bathroom, the property may face functional challenges for larger families or multi-tenant occupancy.
The total living area of 1,096 square feet is relatively small for a four-bedroom configuration, which may result in smaller individual room sizes.
Discover 1,096 sq ft of total living space in this income-generating property with tons of potential! Featuring a new roof, HVAC system, updated shower, new front and back gates, and a newer casita ideal for additional income, guests, or a private office. This home also offers desirable north/south exposure- perfect for Arizona living. A great opportunity for investors, first-time buyers, or as a rental. Enjoy a spacious yard with a block fence, carport at the back, and a large driveway. Located in the heart of the rapidly growing South Mountain area, close to restaurants, hiking trails, and downtown Phoenix.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 61% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 1,096 | 1,454 | 16% |
| Lot Size | 4,589 | 6,003 | 29% |
| Price | $315.0K | $325.0K | 50% |
| Price per sq ft | $287 | $222 | 85% |
| Built year | 1970 | 2003 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 235 | 978 | 30% |
Sep 3, 2025
$315,000
Initial Listing