2922 E KINGS Avenue, Phoenix, AZ 85032, Phoenix, 85032 - 4 bed, 3 bath
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Phoenix, AZ 85032
This property presents a High-Potential Investment Opportunity with a List Price of $439,999—positioned well below the $461,049 Fair Market Value by 4%. This valuation gap offers $21,050 in Instant Equity for buyers. Featuring a 4-bedroom, 3-bathroom layout with a crystal blue pool and detached workshop, the home has a Fair Condition Rating requiring renovation. Located in the Paradise Valley School District, this is a strategic acquisition for Fix-and-Flip Investors or Owner-Occupants seeking value-add potential.
Property is moderate renovation needed.
Built in 1970 with a partial renovation (estimated 10-15 years ago) featuring granite countertops and tile flooring. While the interior appears functional, the 'Investor Special' label and visible weathering/peeling paint on exterior patio structures suggest deferred maintenance or aging systems typical of a 50+ year old property.
At 2,592 square feet, this 4-bedroom, 3-bathroom home offers a significantly larger living area than many comparable properties in the area, providing excellent value on a price-per-square-foot basis.
The property features a private crystal blue pool and a versatile detached guest room/workshop in the backyard, offering unique functional spaces for hobbies or multi-generational living.
Located within the Paradise Valley School District and in close proximity to Desert Ridge Marketplace, the home benefits from a high-demand location with easy access to premium shopping and dining.
Marketed as an 'Investor Special,' the property likely requires substantial updates or repairs to address deferred maintenance and modernize the 1970s infrastructure.
The home features a carport rather than a fully enclosed garage, which may be a drawback for buyers seeking better vehicle security and protection from the Arizona heat.
Investor Special! Spacious 4 bedroom, 3 bathroom home with a 2 car carport and a crystal blue pool! Kitchen features white cabinetry, kitchen island & granite countertops! Large great room with fireplace! Tile & laminate wood flooring throughout - no carpet! Extra guest room/workshop in the backyard! Beautiful pool & outdoor living areas! Oversized Carport! Paradise Valley School District! Desert Ridge Marketplace!
No exterior & parking available.
Grades PK-3 • 0.3 mi
Grades 4-6 • 0.4 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,592 | - |
| Lot Size | 8,445 | - |
| Price | $440.0K | $495.4K |
| Price per sq ft | $170 | $290 |
| Built year | 1970 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 1260 |
Jul 21, 2026
$439,999
Initial Listing