3204 W CYPRESS Street, Phoenix, AZ 85009, Phoenix, 85009 - 3 bed, 2 bath
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Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned well above the $317,655 Fair Market Value by -13%. While the home requires modernization, its Condition Rating of 4 and expansive 9,095 sqft corner lot provide a solid foundation for value-add renovations. The lack of HOA fees and proximity to the I-10 freeway enhance its appeal for long-term rental demand. This asset is best suited for Buy-and-Hold Investors or first-time buyers capable of managing necessary infrastructure updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3204 W CYPRESS Street Subject | $360,000* List Price | 3 | 2 | 1,452 | $219 | - |
A 3145 W CYPRESS Street Sold | $340,000 | 4 | 2 | 1,145 | $297 | 0.0 mi |
B 3013 W CYPRESS Street Sold | $385,000 | 3 | 3 | 1,614 | $239 | 0.2 mi |
C 2910 W PORTLAND Street Sold | $320,000 | 4 | 2 | 1,670 | $192 | 1.0 mi |
D 2910 W PORTLAND Street Sold | $320,000 | 4 | 2 | 1,670 | $192 | 1.0 mi |
E 3902 W MONTE VISTA Road Active Under Contract | $329,900 List Price | 3 | 2 | 1,500 | $220 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, the home shows signs of partial renovation with updated kitchen countertops and backsplash (likely within 5-10 years). However, the cabinetry is dated, and the overall age of the structure and systems suggests it needs further modernization and minor repairs to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9095, living area = 1452.
The property sits on a generous 9,095 sqft corner lot, providing enhanced privacy, significant curb appeal, and ample outdoor space that is highly desirable for the area.
Conveniently located with easy access to the I-10 freeway, this home offers a quick and efficient commute to downtown Phoenix and surrounding employment hubs.
Built in 1946, the home may require updates to major systems such as plumbing, electrical, or roofing to meet modern standards, potentially leading to higher maintenance costs.
The assigned public schools currently hold low ratings (2-3/10), which may be a concern for families prioritizing education and could impact future property appreciation.
Welcome to this inviting 3-bedroom, 2-bathroom home situated on a desirable corner lot with an expansive front yard. The generous lot size offers added privacy and curb appeal that's hard to find. Conveniently located with easy access to the I-10 freeway, this home offers a quick commute to work. Inside, you'll find a comfortable layout ideal for families and first-time buyers. Don't miss the opportunity to make this corner-lot your own!
No exterior & parking available.
Grades K-5 • 0.9 mi
Grades 6-8 • 0.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,452 | - |
| Lot Size | 9,095 | - |
| Price | $360.0K | $495.4K |
| Price per sq ft | $248 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 40 | 1260 |
Jun 12, 2026
$360,000
Initial Listing