2935 E PORTLAND Street, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Updated Red Brick Residence is a Strong Value Opportunity, listed at $393,417—positioned well below the $407,931 Fair Market Value by 3%. This valuation gap offers $14,514 in Instant Equity for buyers. Boasting a Good Condition Rating, the home features a Quartz Kitchen, updated electrical and sewer lines, and an Oversized 7,052 sqft Lot with a Private Patio and no HOA. This property balances modern reliability with significant land utility, making it ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2935 E PORTLAND Street Subject | $388,417* List Price | 3 | 2 | 1,340 | $299 | - |
A 2741 E BRILL Street Sold | $480,000 | 5 | 3 | 1,406 | $341 | 0.4 mi |
B 3328 E WILLETTA Street Sold | $390,000 | 3 | 2 | 1,152 | $339 | 0.6 mi |
C 3529 E TAYLOR Street Sold | $380,000 | 3 | 2 | 1,511 | $251 | 0.9 mi |
D 625 N 30TH Street Sold | $380,000 | 4 | 2 | 1,452 | $262 | 0.3 mi |
E 3347 E PALM Lane Sold | $459,550 | 3 | 2 | 1,262 | $364 | 0.8 mi |
F 2110 N 25TH Place Sold | $500,000 | 3 | 2 | 1,508 | $332 | 0.9 mi |
G 409 N 28TH Place Active | $399,000 List Price | 4 | 2 | 1,403 | $284 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
This 1950s property is move-in ready and has undergone significant recent updates, including a modernized kitchen with quartz countertops, a new hall bathroom, and fresh interior/exterior paint. Major system upgrades to the electrical panel and sewer lines enhance its longevity. While some vintage elements like the windows and older-style tile flooring remain, the home is well-maintained and meets the criteria for a 'good' condition score.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7052, living area = 1340.
The property features significant infrastructure upgrades, including a new electrical panel and updated sewer lines, which mitigate common risks associated with 1950s-era homes.
The absence of a Homeowners Association provides owners with maximum flexibility for property use, making it an ideal candidate for an income-producing rental or a personalized primary residence.
Despite the updates, the 1950 build date may imply older insulation standards and structural elements that could require more maintenance than a modern construction.
The configuration of a 1-car detached garage and a 1-car carport may be insufficient for multi-vehicle households or those requiring extensive enclosed storage space.
Updated red brick charm on an oversized lot with no HOA! This timeless 3 bed, 2 bath home sits on a generous 7,052 sqft lot and offers the flexibility of no HOA - perfect as a primary residence or income property. Beautifully updated, the home features a new hall bathroom, quartz countertops in the kitchen, new fixtures throughout, and fresh interior and exterior paint. Major system updates include an updated electrical panel and updated sewer lines, providing added peace of mind. The classic red brick construction adds character and durability, while the property also includes a detached 1-car garage, 1-car carport, and additional space on the large lot for future possibilities. With thoughtful updates, timeless style, and investment potential, this home offers comfort and opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,340 | 1,518 | 35% |
| Lot Size | 7,052 | 7,777.5 | 32% |
| Price | $388.4K | $380.0K | 56% |
| Price per sq ft | $290 | $252 | 68% |
| Built year | 1950 | 1954 | 28% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 1569 | 1% |
Apr 14, 2026
$388,417
$393,417
-1% Price Drop
Initial Listing
Mar 13, 2026
$393,417
Initial Listing