3424 N 45TH Street, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 2 bath
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Phoenix, AZ 85018
This South Arcadia Redevelopment Asset represents a strategic land-value acquisition with a List Price of $750,000. Positioned above the $607,811 Fair Market Value, the pricing reflects the location-driven premium for a 9,300 SqFt Lot in a high-demand neighborhood with no HOA. With a Condition Rating of 6, the original 1957 structure is a prime "scrape" candidate or a restoration project for mid-century enthusiasts. Located within the Arcadia High School district near Tavan Elementary and Ingleside Middle, this property is an ideal project for Fix-and-Flip Investors or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3424 N 45TH Street Subject | $750,000* List Price | 3 | 2 | 1,469 | $414 | - |
A 4438 E MONTEROSA Street Sold | $680,000 | 3 | 2 | 1,785 | $381 | 0.5 mi |
B 4136 E MONTECITO Avenue Pending | $715,000 List Price | 4 | 3 | 1,485 | $481 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1957 and never renovated, the property is explicitly marketed for lot value to be 'scraped' and rebuilt. It retains all original 1950s finishes and systems, exceeding the 50-year threshold for a tear-down with no modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9300, living area = 1469.
Situated in the highly sought-after South Arcadia neighborhood, the property boasts an exceptional location within walking distance to Tavan Elementary and Arcadia High School.
The 9,300 square foot lot provides a substantial footprint for developers or custom home builders to scrape the existing structure and create a high-value luxury residence.
The property is being sold primarily for lot value as the interior is entirely original and lacks modern updates, requiring a total overhaul or demolition.
At a list price of $750,000 for what is essentially a land-value play, the initial investment is high before accounting for the significant costs of new construction or major remodeling.
HOUSE IS BEING SOLD FOR LOT VALUE. THE LOT IS 9,300 SQUARE FEET, SCRAPE IT AND BUILD NEW.. LOCATION. LOCATION. LOCATION. South Arcadia ...OR.... If you like 1950's style and are in the mood to restore a home this one is for you. ...ORIGINAL owners since 1958. And the house looks original in all aspects. Never been renovated. I hope you are into PINK and BLACK TILE. DON'T SET OFF THE ALARM!!! ***No Wholesalers Please***
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 2.0 | 3.0 | 27% |
| Square foot | 1,469 | 2,705 | 9% |
| Lot Size | 9,300 | 9,936 | 45% |
| Price | $750.0K | $1.15M | 40% |
| Price per sq ft | $511 | $473 | 56% |
| Built year | 1957 | 1961 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 1 | 1536 | 0% |
Apr 24, 2026
$750,000
Initial Listing