
Phoenix, AZ 85009
This Value-Add Investment Asset is listed at $250,000, positioned near its $234,370 Fair Market Value. Carrying a Condition Rating of 5, the 1946 structure requires a comprehensive renovation to modernize its systems and 1,266 square feet of living space. The property’s strength lies in its rare 4-bedroom, 3-bathroom layout and an expansive 9,265 sq ft lot, offering significant potential for high-yield rental or multi-generational conversion. Featuring solar panels and proximity to William R Sullivan Elementary, this project is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 34 N 30th Drive Subject | $250,000* List Price | 4 | 3 | 1,266 | $174 | - |
A 3021 W MADISON Street Active | $240,000 List Price | 5 | 3 | 1,455 | $165 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1946 (78 years old) and explicitly marketed as a 'fix-and-flip' or 'rehab' project. While the exterior shows solar panels, the description indicates the home needs a full renovation to be functional, suggesting outdated kitchen/bathrooms and systems consistent with a property needing significant investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9265, living area = 1266.
The property is priced and positioned as a prime fix-and-flip or buy-and-hold opportunity, offering high-yield rental potential in the Phoenix market.
At 9,265 square feet, the oversized lot provides significant space for outdoor improvements, additional storage, or potential structural expansion.
As a 1946 build marketed for its 'potential,' the property likely requires substantial capital expenditure to address aged systems and cosmetic needs.
Fitting four bedrooms and three bathrooms into only 1,266 square feet suggests very small individual room dimensions and a potentially cramped floor plan.
Unlock the potential of this property. Perfect for a fix-and-flip or a buy-and-hold investment! This 4-bedroom, 3-bathroom home sits on a large lot, providing ample space for outdoor improvements, storage, or potential expansion. This house is an ideal candidate for a multi-generational setup or a high-yield rental house once renovated.
No exterior & parking available.
Grades PK-8 • 0.1 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,266 | - |
| Lot Size | 9,265 | - |
| Price | $250.0K | $495.4K |
| Price per sq ft | $197 | $290 |
| Built year | 1946 | 0 |
| HOA | $0 | $0 |
| Days on market | 92 | 1260 |
Apr 21, 2026
$250,000
Initial Listing