2825 W Madison Street, Phoenix, AZ 85009, Phoenix, 85009 - 3 bed, 1 bath
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Phoenix, AZ 85009
This Spacious 1940s Residence represents a stable entry into the Phoenix market, listed at $299,990—aligning exactly with its $299,990 Fair Market Value. While the home carries a Fair Condition Rating, its functional 3-bedroom layout and durable tile flooring provide a solid foundation for immediate occupancy. The expansive 7,841-square-foot lot offers rare utilization potential for future expansion or ADU development. With no HOA fees and proximity to William R Sullivan Elementary, this property is a practical acquisition for First-Time Buyers or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2825 W Madison Street Subject | $296,950* List Price | 3 | 1 | 968 | $306 | - |
A 2502 W JEFFERSON Street Sold | $230,000 | 2 | 1 | 904 | $254 | 0.4 mi |
B 2811 W PIMA Street Sold | $259,454 | 2 | 1 | 1,056 | $246 | 0.9 mi |
C 3215 W TAYLOR Street Sold | $264,000 | 2 | 1 | 690 | $383 | 0.7 mi |
D 3402 W TONTO Street Sold | $320,000 | 3 | 2 | 1,210 | $264 | 0.9 mi |
E 21 S 28TH Avenue Active Under Contract | $297,500 List Price | 4 | 2 | 1,065 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the property is in fair condition, showing a mix of older infrastructure and some mid-range updates. While the home features durable tile flooring throughout and a functional kitchen with updated cabinetry and countertops, the overall aesthetic is dated. The bathroom fixtures are basic, and visible wear and tear is present on interior doors and walls. The property is move-in ready but requires cosmetic modernization and likely system updates to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 968.
The home features a thoughtfully designed floor plan that maximizes its 968 square feet, providing a spacious and seamless flow between the kitchen and main living areas.
Situated on a 7,841 square foot lot, the property offers significant outdoor space for potential expansion, gardening, or the addition of an accessory dwelling unit.
With three bedrooms but only one bathroom, the property may present a challenge for larger households and could impact long-term resale value.
Built in 1946, the home's age suggests that core systems such as plumbing, electrical, and roofing may require inspection or modernization to meet current standards.
Featuring 3 bedrooms and 1 bathroom, this home provides a spacious and functional layout ideal for both everyday living and entertaining. The thoughtfully designed floor plan maximizes every square foot. The kitchen offers ample cabinet and counter space, perfect for cooking and hosting, and flows seamlessly into the main living areas.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 1.0 | 2.0 | 31% |
| Square foot | 968 | 1,260.5 | 22% |
| Lot Size | 7,841 | 6,410 | 83% |
| Price | $296.9K | $245.8K | 66% |
| Price per sq ft | $307 | $192 | 84% |
| Built year | 1946 | 1953 | 29% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 1215 | 5% |
Apr 24, 2026
$296,950
$299,990
-1% Price Drop
Initial Listing
Jan 16, 2026
$299,990
Initial Listing