
Phoenix, AZ 85009
This Versatile Residential Asset with Development Potential is listed at $275,000, representing a stable entry point at its $275,000 Fair Market Value. Boasting a Condition Rating of 3, the home features Modern Interior Renovations including wood-look tile flooring and a remodeled kitchen with quartz finishes. The property’s standout feature is the Multi-Family Zoning on a Large 7,841 Sq. Ft. Lot, offering significant value-add potential for a casita or additional units. Strategically located near the I-10 and I-17 corridors, this is a prime acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 326 N 39TH Drive N Subject | $275,000* List Price | 3 | 2 | 1,116 | $246 | - |
A 3506 W ROOSEVELT Street Sold | $308,000 | 4 | 2 | 1,096 | $281 | 0.7 mi |
B 1344 N 39TH Avenue Sold | $221,250 | 3 | 2 | 1,167 | $190 | 0.8 mi |
C 3710 W ROOSEVELT Street Sold | $339,500 List Price | 4 | 2 | 1,249 | 0.5 mi | |
D 3640 W GARFIELD Street Sold | $309,000 | 3 | 2 | 1,100 | $281 | 0.5 mi |
E 3648 W PORTLAND Street Sold | $253,080 | 3 | 2 | 1,199 | $211 | 0.6 mi |
F 3525 W Taylor Street Active | $310,000 List Price | 3 | 2 | 1,150 | $270 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready with significant interior updates including modern wood-look tile flooring, fresh paint, and recessed lighting. The kitchen and bathrooms have been renovated with contemporary finishes like quartz backsplashes. Although the home was built in 1940, the description notes updates to electrical and plumbing systems, and the interior presentation is clean and functional. The exterior and yard require landscaping, but the primary living structures are well-maintained and updated.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7841, living area = 1116.
The property is zoned for multi-family use and sits on a large lot with a side entrance, offering significant value-add potential for building a casita or additional apartment units.
The home features contemporary updates including new flooring, remodeled bathrooms, and a modern kitchen with quartz backsplashes and updated electrical and plumbing components.
With three bedrooms and two bathrooms configured within only 1,116 square feet, the interior layout may feel cramped and lack the spaciousness desired by some families.
Originally built in 1940, the property may possess underlying structural or systemic age-related issues that often persist even after partial cosmetic and utility updates.
MULTI FAMILY ZONING!! Ready for you to build a casita or apartments! Great home with updated flooring, kitchen and bathrooms. Huge backyard lot with tons of potential & side entrance! It is conveniently located right off the I-10 and near the I-17. Inside laundry and quarts back splash in the kitchen. Some electrical and plumbing updated as well.
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 | 1,116 | 1,260.5 | 33% |
| Lot Size | 7,841 | 6,410 | 83% |
| Price | $275.0K | $245.8K | 63% |
| Price per sq ft | $246 | $192 | 66% |
| Built year | 1940 | 1953 | 11% |
| HOA | $0 | $0 | 50% |
| Days on market | 206 | 1215 | 28% |
Oct 2, 2025
$275,000
Initial Listing