3331 E OAK Street, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Turnkey Residential Asset represents a stable acquisition, with a List Price of $439,000 aligning perfectly with its $439,000 Fair Market Value. Boasting a Condition Rating of 2, the property features a comprehensive modern remodel including Quartz Countertops, Luxury Vinyl Flooring, and a Stainless-Steel Kitchen with a Covered Patio. With a Tenant in Place and No HOA Fees, the home ensures immediate cash flow. Served by Papago School and Camelback High, this high-demand rental is an ideal addition for Buy-and-Hold Investors or Portfolio Managers seeking a low-maintenance, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3331 E OAK Street Subject | $439,000* List Price | 3 | 2 | 1,333 | $329 | - |
A 3347 E PALM Lane Sold | $459,550 | 3 | 2 | 1,262 | $364 | 0.3 mi |
B 2434 N 37TH Way Sold | $375,000 | 3 | 1 | 1,129 | $332 | 0.5 mi |
C 3338 E VIRGINIA Avenue Sold | $336,000 | 2 | 2 | 1,431 | $235 | 0.3 mi |
D 3235 E WILLETTA Street Sold | $400,000 | 4 | 2 | 1,526 | $262 | 0.6 mi |
E 2022 N 40TH Street Sold | $371,500 | 3 | 2 | 1,200 | $310 | 0.8 mi |
F 3238 E GRANADA Road Sold | $423,500 | 3 | 2 | 1,163 | $364 | 0.3 mi |
G 3329 E PALM Lane Active | $525,000 List Price | 3 | 2 | 1,489 | $353 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property has undergone an extensive recent renovation within the last 5 years, featuring a modern kitchen with quartz countertops and new stainless steel appliances, luxury vinyl flooring throughout, and fully updated bathrooms with new vanities and fixtures. Despite the 1951 build year, the interior components are virtually new and meet current quality standards.
The property features high-end updates including luxury vinyl flooring, quartz countertops, and new stainless steel appliances, ensuring a move-in-ready aesthetic that appeals to quality tenants.
Ideally situated near Sky Harbor Airport with no overhead flight paths, the home offers easy access to freeways, shopping, and hiking trails, maximizing its desirability.
With no HOA fees to impact margins and a tenant already in place, this property provides immediate cash flow and lower monthly carrying costs for an investment portfolio.
The 'Investors Only' requirement and existing tenant occupancy exclude traditional owner-occupant buyers, significantly limiting the potential market for a quick resale.
Built in 1951, the property may possess aging underlying systems such as plumbing or electrical that might require attention despite the recent cosmetic renovations.
Investors only. No HOA Fees! Tenant in place. Discover the perfect blend of comfort, style, and convenience in this beautifully remodeled home, boasting 3-4 spacious bedrooms and nestled in a well-kept neighborhood. New luxury vinyl flooring throughout, complemented by fresh, modern cabinetry and gleaming quartz countertops. The kitchen, a chef's delight, features new stainless-steel appliances, including a gas oven, ensuring culinary excellence. The bathrooms have been transformed with new vanities, showers, and toilets, adding a touch of elegance to your daily routine. For added convenience, a new washer and dryer set has been installed, making laundry tasks a breeze. Freshly painted interiors and exteriors invite you into a bright and welcoming atmosphere Oversized backyard with Fireplace, covered patio and storage, offers endless possibilities for outdoor entertainment and relaxation. The unique horseshoe driveway not only enhances the home's curb appeal but also provides ample parking space. Located just a short distance from Sky Harbor Airport, this home enjoys the tranquility of no flight paths overhead. No HOA fees, easy access to freeways, shopping centers, grocery stores, restaurants, and more. Outdoor enthusiasts will appreciate the nearby hiking trails. Fantastic investment property.
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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,333 | 1,518 | 35% |
| Lot Size | 6,190 | 7,777.5 | 13% |
| Price | $439.0K | $380.0K | 63% |
| Price per sq ft | $329 | $252 | 71% |
| Built year | 1951 | 1954 | 36% |
| HOA | $0 | $0 | 50% |
| Days on market | 232 | 1569 | 28% |
Sep 6, 2025
$439,000
Initial Listing