3315 E OAK Street, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This property presents a Strong Value Opportunity with a List Price of $274,900—positioned well below the $302,756 Fair Market Value by 9%. This valuation gap offers $27,856 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a private patio and No HOA restrictions, this asset allows for significant value-add through a full interior renovation. This is a high-reward acquisition ideal for Fix-and-Flip Investors or Contractors seeking a project with immediate upside potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3315 E OAK Street Subject | $274,900* List Price | 3 | 2 | 1,303 | $232 | - |
A 2218 N 35TH Street Sold | $354,000 | 3 | 1 | 1,309 | $270 | 0.2 mi |
B 2218 N 35TH Street Sold | $354,000 | 3 | 1 | 1,309 | $270 | 0.2 mi |
C 2930 E GRANADA Road Pending | $299,900 List Price | 2 | 1 | 1,312 | $229 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1951 (73 years old) with no evidence of renovation. The property shows significant safety and structural defects, including a collapsing patio ceiling, damaged interior walls, and a deteriorating bathroom vanity. The listing agent's requirement for cash or hard money and the call for a total remodel confirm the property is in a state of severe neglect needing a full rehab.
Priced for immediate sale with significant upside potential, this property serves as an ideal candidate for a fix-and-flip or a value-add rental strategy in a growing market.
The absence of a homeowners association offers owners greater flexibility with property modifications and eliminates monthly association dues, enhancing long-term affordability.
Listed at a highly accessible price point for a 3-bedroom, 2-bathroom detached home in Phoenix, providing a low barrier to entry for investors or budget-conscious buyers.
The property requires significant updates and remodeling, and the seller's preference for cash or hard money suggests it may not currently qualify for traditional financing.
The assigned public schools carry lower ratings (3/10), which may impact the property's appeal to families prioritizing high-performing educational districts.
Priced for IMMEDIATE SALE! Excellent Buyer Opportunity! No HOA! So much upside and potential after new Buyer updates and remodels this 3 bedroom 2 bath single family dwelling. Submit all cash or hard money loans now for Seller review and approval.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,303 | - |
| Lot Size | 6,233 | - |
| Price | $274.9K | $495.4K |
| Price per sq ft | $211 | $290 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$274,900
Initial Listing