
Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $260,000—positioned well below the $264,113 Fair Market Value by 1.5%. This valuation gap offers $4,113 in Instant Equity for buyers. With a Condition Rating of 5, this 5-bedroom asset requires a full renovation, offering significant upside for forced appreciation. The lack of HOA fees enhances long-term rental yield potential. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2836 W PORTLAND Street Subject | $260,000* List Price | 5 | 2 | 1,613 | $164 | - |
A 3426 W PALM Lane Sold | $195,000 | 3 | 1 | 1,322 | $148 | 1.0 mi |
B 3206 W PIERCE Street Active | $300,000 List Price | 4 | 2 | 1,500 | $200 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) and explicitly marketed as a fixer-upper for investors and flippers. The property requires a full rehab of the kitchen, bathrooms, and likely outdated mechanical systems, fitting the criteria for a property with significant maintenance needs but structural potential for renovation.
Featuring 5 bedrooms, this property offers rare capacity for its square footage, making it an ideal candidate for large families or a high-occupancy rental strategy.
Priced as a fixer-upper, this home provides significant potential for investors or flippers to build equity through renovation in a market with high demand for updated housing.
The property is located in a non-HOA community, eliminating monthly association dues and providing owners with more flexibility regarding property use and improvements.
The property is explicitly sold as a fixer-upper, implying that substantial immediate capital investment is necessary to address deferred maintenance and modernization.
The local public schools are rated 2 and 3 out of 10, which may limit the property's appeal to families prioritizing high-performing educational districts.
This 5-bedroom, 2-bathroom home is full of potential and ready for your vision. Fixer-upper, it's an excellent opportunity for investors, flippers, or buyers looking to renovate and build equity.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.8 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,613 | - |
| Lot Size | 6,756 | - |
| Price | $260.0K | $495.4K |
| Price per sq ft | $161 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$260,000
Initial Listing