2732 E ROESER Road, Phoenix, AZ 85040, Phoenix, 85040 - 2 bed, 2 bath
Loading property details...
Phoenix, AZ 85040
This Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $300,000—positioned well below the $294,391 Fair Market Value (Note: Market adjustment reflects current pricing). The property features a Condition Rating of 2, boasting a Modernized Interior with updated kitchen and baths. Its expansive 7,118 sqft lot offers significant Expansion Potential for a casita or workshop. While school ratings are modest, the No HOA Fees structure enhances long-term cash flow. This asset is ideal for Buy-and-Hold Investors or first-time buyers seeking value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2732 E ROESER Road Subject | $300,000* List Price | 2 | 2 | 992 | $300 | - |
A 2532 E JONES Avenue Sold | $325,000 | 3 | 2 | 1,166 | $279 | 0.8 mi |
B 2437 E TAMARISK Avenue Sold | $385,000 | 3 | 2 | 1,346 | $286 | 0.4 mi |
C 5020 S 20TH Place Sold | $335,000 | 3 | 2 | 1,269 | $264 | 0.9 mi |
D 5011 S 20TH Place Active | $299,999 List Price | 3 | 2 | 957 | $313 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the property has undergone a comprehensive modern renovation within the last 5 years. The kitchen and bathrooms feature contemporary finishes, including stainless steel appliances, granite countertops, and updated cabinetry and tiling, resulting in a move-in-ready, mint-condition interior.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7118, living area = 992.
The expansive 7,118 sqft lot provides significant room to add a casita, guest house, or workshop, offering excellent value-add opportunities for owners or investors.
Tasteful updates to both the kitchen and bathrooms ensure a move-in-ready experience with a contemporary aesthetic, rare for a home built in 1950.
The assigned public schools have low performance ratings (2/10 and 3/10), which may be a deterrent for families and impact future resale value.
At just 992 square feet, the interior living area is relatively compact, which may feel restrictive for growing families or those requiring a home office.
Charming updated home offering 2 bedrooms and 2 full bathrooms on an expansive lot. This property combines comfortable living with exceptional potential, featuring a lot large enough to add a casita, guest house, workshop, or additional outdoor living space. Inside, the home showcases tasteful updates in both the kitchen and bathrooms, creating a modern and move-in-ready feel. The low-maintenance desert landscaping keeps upkeep simple while providing great curb appeal and water efficiency. Conveniently located with easy access to downtown Phoenix, shopping, dining, and freeways. A great opportunity for homeowners, investors, or anyone looking for room to expand.
No exterior & parking available.
Grades K-8 • 0.8 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 992 | - |
| Lot Size | 7,118 | - |
| Price | $300.0K | $495.4K |
| Price per sq ft | $302 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 62 | 1260 |
May 22, 2026
$300,000
Initial Listing