
Phoenix, AZ 85017
This Strategic Rental Asset is listed at $369,000, positioned above the $315,702 Fair Market Value. The property maintains a Fair Condition Rating, featuring a newly remodeled interior that blends original 1956 character with modern updates and a private patio. Its standout feature is the Prime Investment Location within walking distance to Grand Canyon University, driving consistent demand for student housing. With a generous 7,526 Sq Ft Lot and mature landscaping, it offers significant outdoor appeal despite Low School Ratings across the Alhambra High School District. This is an optimal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3322 W PIERSON Street Subject | $369,000* List Price | 3 | 2 | 1,394 | $226 | - |
A 3221 W SELLS Drive Sold | $335,000 | 3 | 2 | 1,382 | $242 | 0.4 mi |
B 5118 N 35TH Avenue Sold | $337,000 | 3 | 2 | 1,448 | $233 | 0.4 mi |
C 4222 N 30TH Drive Sold | $280,000 | 3 | 2 | 1,241 | $226 | 0.8 mi |
D 4128 N 29TH Avenue Sold | $295,000 | 3 | 2 | 1,431 | $206 | 0.9 mi |
E 4128 N 29TH Avenue Sold | $295,000 | 3 | 2 | 1,431 | $206 | 0.9 mi |
F 4821 N 32ND Avenue Active | $359,000 List Price | 3 | 2 | 1,360 | $264 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Although the listing describes the home as 'newly remodeled,' the images reveal a kitchen with dated original wood cabinetry and tiled countertops that do not meet modern 'excellent' or 'good' renovation standards. The property, built in 1956, appears well-maintained with fresh paint and newer carpeting, but the primary systems and fixtures in the kitchen and bathrooms show significant signs of being outdated, placing it firmly in the 'fair' category.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7526, living area = 1394.
Situated within walking distance to Grand Canyon University, this property is ideally positioned for high-demand student housing or a consistent rental income stream.
The home has been newly remodeled, blending original character with modern updates, allowing for an immediate move-in or rental without the need for initial renovations.
The assigned public schools all carry a rating of 3/10, which may limit the property's appeal to families prioritizing high-performing educational districts.
Originally built in 1956, the property may have aging underlying systems typical of mid-century homes that could require ongoing maintenance despite the cosmetic updates.
Charming 3-bedroom, 2 bath home located within walking distance to Grand Canyon University. Newly remodeled with all the touches. This home blends character with thoughtful updates that enhance comfort while preserving its original charm. A great opportunity for a primary residence, student housing or rental property. Enjoy mature landscaping and a welcoming yard that adds to the home's curb appeal and outdoor enjoyment.
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.4 mi
Grades 9-12 • 0.6 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 | 1,394 | 1,445 | 38% |
| Lot Size | 7,526 | 6,747.5 | 83% |
| Price | $369.0K | $325.0K | 88% |
| Price per sq ft | $265 | $207 | 80% |
| Built year | 1956 | 1954 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 51 | 386 | 1% |
Mar 5, 2026
$369,000
Initial Listing