3229 E MCKINLEY Street, Phoenix, AZ 85008, Phoenix, 85008 - 2 bed, 1 bath
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Phoenix, AZ 85008
This property presents a High-Potential Investment Opportunity with a List Price of $320,000—positioned well above the $219,448 Fair Market Value by -45%. Featuring a Condition Rating of 5, this asset requires significant capital expenditure to address deferred maintenance. The expansive 7,919 sqft lot offers substantial upside for structural expansion or accessory dwelling units. Located near major transit hubs and Sky Harbor Airport, this project is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking to maximize value through comprehensive renovation.
Property is extensive renovation needed.
Built in 1948 and marketed as an 'investor special' needing TLC and rehab. While the interior features newer wood-look tile flooring, the kitchen is significantly dated with worn cabinetry and older appliances. The 'AS-IS' status and solicitation for flippers indicate the property requires substantial updates to systems and finishes to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7919, living area = 942.
The property is ideally situated near Downtown Phoenix, Sky Harbor Airport, and major freeways, offering high desirability for commuters and renters alike.
Sitting on a nearly 8,000 sqft lot, the property provides ample space for potential expansions, outdoor living improvements, or the addition of an accessory dwelling unit.
Sold in 'as-is' condition and requiring significant TLC, the home will need a substantial capital injection to address deferred maintenance and modernization.
At only 942 square feet with a single bathroom, the current footprint may limit its appeal to larger families unless a structural expansion is performed.
Investor special with tons of potential in the heart of Phoenix! This 2-bedroom, 1-bath home sits on a spacious lot and offers a functional layout, extended driveway, and covered carport. Conveniently located near Downtown Phoenix, Sky Harbor Airport, shopping, dining, and major freeway access. Property is being sold AS-IS and is in need of TLC, making it a great opportunity for investors, flippers, or buyers looking to renovate and add their personal touch. Don't miss the chance to bring new life to this centrally located property!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 1.0 | 2.0 | 23% |
| Square foot | 942 | 1,502 | 15% |
| Lot Size | 7,919 | 7,753 | 58% |
| Price | $320.0K | $380.0K | 33% |
| Price per sq ft | $340 | $253 | 73% |
| Built year | 1948 | 1953 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 18 | 873 | 1% |
May 22, 2026
$320,000
Initial Listing