2926 W NORTHERN Avenue, Phoenix, AZ 85051, Phoenix, 85051 - 5 bed, 3 bath
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Phoenix, AZ 85051
This Value-Add Residential Asset represents a High-Potential Investment Opportunity priced at $234,900, which aligns closely with its $231,976 Fair Market Value. Currently assigned a Poor Condition Rating, the structure requires a comprehensive interior rehabilitation to address significant habitability and safety concerns. The property’s value is anchored by its rare 5-bedroom, 3-bathroom configuration and an oversized 7,065 sqft lot featuring extended paver patios. With no HOA restrictions, this project is perfectly positioned for Fix-and-Flip Investors or Contractors seeking a high-utility renovation in central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2926 W NORTHERN Avenue Subject | $229,900* List Price | 5 | 3 | 1,044 | $158 | - |
A 8749 N 30TH Avenue Sold | $259,000 | 3 | 2 | 1,180 | $219 | 0.8 mi |
B 8235 N 35TH Drive Sold | $280,000 | 3 | 2 | 1,162 | $241 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1953, this property requires substantial repairs and rehabilitation to be considered move-in ready. Interior images reveal significant neglect, including multiple windows boarded up with plywood, unfinished or damaged walls, and a lack of basic fixtures. While the exterior features solar panels and some stone veneer, the interior condition suggests potential safety and habitability issues that go beyond minor cosmetic updates, fitting the criteria for a poor condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7065, living area = 1044.
With 5 bedrooms and 3 bathrooms at an accessible price point, this property offers exceptional utility for large families or investors seeking high rental yield.
The oversized 7,065 sqft lot features low-maintenance desert landscaping and extended paver patios, providing a versatile canvas for outdoor living and entertaining.
At only 1,044 square feet, the 5-bedroom layout suggests significantly small individual room sizes and a potentially cramped interior living environment.
Built in 1953, the home may require significant updates to aging mechanical, electrical, or plumbing systems to meet modern standards and efficiency.
Spacious 5-bedroom, 3-bath home offering generous living areas and opportunity to make it your own. The flexible floorplan features multiple large bedrooms, updated wood-look flooring in select rooms, and expansive living spaces ready for your personal touch. The oversized lot offers low-maintenance desert landscaping, extended paver patios, covered front entry, and plenty of space to create your ideal outdoor retreat. Conveniently located near major freeways, shopping, dining, schools, and everyday amenities, this property provides easy access to all that central Phoenix has to offer. This home presents a unique opportunity with ample space and a versatile layout. Explore the possibilities this home has to offer!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 95% |
| Baths | 3.0 | 2.0 | 84% |
| Square foot | 1,044 | 1,620 | 2% |
| Lot Size | 7,065 | 7,662 | 39% |
| Price | $229.9K | $349.9K | 21% |
| Price per sq ft | $220 | $219 | 52% |
| Built year | 1953 | 1967 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 350 | 1% |
Apr 22, 2026
$229,900
$234,900
-2% Price Drop
Initial Listing
Mar 11, 2026
$234,900
Initial Listing