2912 N 50TH Avenue, Phoenix, AZ 85031, Phoenix, 85031 - 4 bed, 3 bath
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Phoenix, AZ 85031
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $433,389 Fair Market Value by 30%. This significant valuation gap offers $133,389 in Instant Equity for buyers prepared to execute a comprehensive renovation plan. Currently holding a Condition Score of 5, the 1,722 sqft residence sits on an Expansive 10,672 Sqft Lot, providing ample room for forced appreciation or an ADU. This asset is a prime acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors targeting the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2912 N 50TH Avenue Subject | $300,000* List Price | 4 | 3 | 1,722 | $252 | - |
A 4943 W FLOWER Street Sold | $329,000 | 4 | 2 | 1,636 | $201 | 0.4 mi |
B 4009 N 47TH Drive Sold | $235,000 List Price | 4 | 2 | 1,386 | 1.0 mi | |
C 3225 N 44TH Lane Sold | $330,000 | 4 | 2 | 2,048 | $161 | 0.8 mi |
D 3008 N 45TH Drive Active | $372,000 List Price | 4 | 2 | 1,699 | $219 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1958 property is explicitly marketed as an 'investor special' requiring significant renovation. The interior shows substantial wear and tear, including dated kitchen cabinetry and appliances, worn laminate flooring, and bathrooms that require full modernization. The overall condition suggests deferred maintenance and the need for major system updates and cosmetic rehabilitation to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10672, living area = 1722.
Priced aggressively below market value and marketed as an investor special, this property offers significant equity upside for flippers or long-term rental investors.
The property features a generous 10,672 square foot lot, providing ample space for outdoor amenities, potential expansion, or an accessory dwelling unit (ADU).
As a 1958 'investor special,' the property likely requires substantial capital expenditure for modernizing systems and cosmetic updates.
Due to its likely condition and investor-focused marketing, the property may struggle to qualify for traditional FHA or VA financing, potentially limiting the buyer pool.
INVESTOR SPECIAL - MOTIVATED SELLERS READY TO MAKE A DEAL. PRICED AGGRESSIVELY BELOW MARKET VALUE - SELLER WILLING TO CONTRIBUTE CONCESSIONS WITH ACCEPTABLE OFFERS.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 3.0 | 2.0 | 94% |
| Square foot | 1,722 | 1,444 | 77% |
| Lot Size | 10,672 | 7,244 | 87% |
| Price | $300.0K | $283.7K | 56% |
| Price per sq ft | $174 | $156 | 51% |
| Built year | 1958 | 1957 | 65% |
| HOA | $0 | $0 | 50% |
| Days on market | 61 | 1374 | 1% |
Feb 24, 2026
$300,000
Initial Listing