3238 W ALTADENA Avenue, Phoenix, AZ 85029, Phoenix, 85029 - 3 bed, 2 bath
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Phoenix, AZ 85029
This Turnkey Income-Generating Asset is listed at $390,000, representing a stable entry point aligned with its $387,832 Fair Market Value. Boasting a Comprehensive Modern Remodel with Quartz Countertops and Stainless Steel Appliances, the property maintains a superior Condition Rating of 2. The inclusion of a Newly Signed 1-Year Lease provides immediate cash flow, while the 7,279 sqft lot with No HOA and rear gate access offers significant utility near Moon Valley High School. This is a premier acquisition for Buy-and-Hold Investors or 1031 Exchange Investors seeking a modernized, worry-free residential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3238 W ALTADENA Avenue Subject | $390,000* List Price | 3 | 2 | 1,464 | $265 | - |
A 3334 W SIERRA Street Sold | $347,500 | 3 | 2 | 1,456 | $239 | 0.1 mi |
B 3316 W YUCCA Street Sold | $391,000 | 3 | 2 | 1,590 | $246 | 0.3 mi |
C 3622 W ALTADENA Avenue Sold | $360,000 | 3 | 2 | 1,398 | $258 | 0.4 mi |
D 3050 W CHARTER OAK Road Sold | $390,000 List Price | 3 | 2 | 1,600 | 0.5 mi | |
E 3429 W DAHLIA Drive Sold | $350,000 | 3 | 2 | 1,508 | $232 | 0.7 mi |
F 12431 N 30TH Avenue Sold | $424,999 List Price | 3 | 2 | 1,734 | 0.6 mi | |
G 11601 N 33RD Avenue Active | $399,900 List Price | 3 | 2 | 1,368 | $292 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1969, the property is fully remodeled with a modern kitchen featuring quartz countertops and stainless steel appliances, updated bathrooms with new vanities, and new flooring and fixtures throughout, placing it in the <5 year renovation category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7279, living area = 1464.
The property features a newly signed 1-year lease with a tenant in place, providing immediate cash flow and making it an ideal candidate for 1031 exchange investors.
The interior has been fully updated with quartz countertops, stainless steel appliances, new cabinetry, and modern flooring, significantly reducing the need for immediate capital expenditures.
Because the home is sold with a tenant in place on a year-long lease, it is unavailable for immediate owner-occupancy, which limits the buyer pool to investors.
Despite the modern cosmetic updates, the 1969 construction year suggests that underlying major systems like plumbing or electrical may be nearing the end of their typical lifespans.
Investor special--tenant in place with a newly signed 1-year lease generating immediate cash flow. Open to 1031 exchange. Fully remodeled 3-bed, 2-bath, 1,464 sqft home on a 7,279 sqft lot with NO HOA. Features a cozy family room with wood-burning fireplace, modern kitchen with stainless steel appliances, new cabinetry, quartz countertops, and updated flooring throughout. Bathrooms upgraded with new vanities, plus new doors and fixtures. Spacious laundry room with washer/dryer. Large yard with mature trees, 3 storage sheds, and rear gate access.
No exterior & parking available.
Grades K-6 • 0.3 mi
Grades PK-6 • 0.7 mi
Grades 6-8 • 0.2 mi
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 | 1,464 | 1,632 | 27% |
| Lot Size | 7,279 | 8,028 | 33% |
| Price | $390.0K | $360.0K | 66% |
| Price per sq ft | $266 | $221 | 83% |
| Built year | 1969 | 1971 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 25 | 1147 | 0% |
Apr 25, 2026
$390,000
Initial Listing