3502 E GARFIELD Street, Phoenix, AZ 85008, Phoenix, 85008 - 4 bed, 3 bath
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Phoenix, AZ 85008
This Turnkey Duplex-Style Residence is a Strong Value Opportunity, listed at $525,000—positioned well below the $542,368 Fair Market Value by 3%. This valuation gap provides $17,368 in Instant Equity. Boasting a Condition Rating of 2, the property features a modern renovation with an attached guest house, dual kitchens, and separate laundry setups. The massive lot offers a diving pool, volleyball court, and RV parking, maximizing short-term rental yield. This versatile asset is ideal for Buy-and-Hold Investors or Owner-Occupants seeking a high-yield house-hack.
Property is new construction or fully renovated.
While originally built in 1948, the property has undergone a comprehensive, modern renovation within the last 5 years. The interior features two fully updated kitchens with contemporary cabinetry, quartz countertops (including a waterfall island), and stainless steel appliances. The presence of mini-split HVAC systems, updated wood-look tile flooring, and a mint-condition exterior with new turf and a clean pool area confirms a high-end, turnkey status with no immediate maintenance required.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11657, living area = 2104.
The property features a fully functioning attached guest house with its own kitchen and laundry, offering a versatile duplex-style layout ideal for high-yield short-term rentals or multi-generational living.
Set on one of the neighborhood's largest lots, the backyard is a premier entertainment space featuring a diving pool, volleyball court, low-maintenance turf, and dedicated RV parking.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 1.
Originally built in 1948, the property may necessitate more frequent maintenance or future capital expenditures for aging infrastructure compared to newer builds.
The local assigned schools carry lower ratings (3/10), which could potentially limit the property's appeal to families specifically seeking high-performing school districts.
This single-family home features a fully functioning attached guest house, effectively creating a duplex-style layout with two full kitchens and two in-unit laundry setups, ideal for flexible living or dual short-term rental use. Both units are currently operating as successful short-term rentals, providing immediate income potential. The property can also be sold fully furnished with a separate bill of sale, offering a true turnkey opportunity. Situated on one of the largest lots in the neighborhood, the outdoor space is designed for entertaining, complete with a diving pool, volleyball court, low-maintenance turf, and expansive yard. Additional highlights include a one-car garage and rear RV parking. Perfect for investors or owner-occupants seeking a versatile space.
No exterior & parking available.
Grades PK-6 • 0.3 mi
Grades 9-12 • 3.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 76% |
| Baths | 3.0 | 2.0 | 83% |
| Square foot | 2,104 | 1,518.5 | 88% |
| Lot Size | 11,657 | 7,780 | 88% |
| Price | $525.0K | $380.0K | 82% |
| Price per sq ft | $250 | $251 | 49% |
| Built year | 1948 | 1954 | 23% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 1569 | 1% |
Mar 20, 2026
$525,000
Initial Listing