
Phoenix, AZ 85009
This Value-Add Residential Asset is listed at $299,999, representing a stable entry point aligned with its $290,069 Fair Market Value. Featuring Solid Block Construction and a rare 4-Bedroom Configuration at this price point, the property maintains a Condition Rating of 4 with significant upside potential through cosmetic modernization. The absence of HOA Fees and its status as a Currently Rented property provide immediate cash flow and long-term operational flexibility. This is a strategic acquisition for Buy-and-Hold Investors or First-Time Investors seeking a durable, income-generating rental in West Central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3513 W TONTO Street Subject | $299,999* List Price | 4 | 2 | 1,500 | $193 | - |
A 3507 W HADLEY Street Sold | $319,900 | 4 | 2 | 1,500 | $213 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this solid block home is functional and currently occupied by tenants, but it is significantly outdated. The kitchen features aged cabinetry, laminate countertops, and older white appliances, while the flooring and fixtures show visible wear. Although the structure appears stable, the property lacks modern renovations and utilizes older systems like evaporative cooling, placing it in the fair category as it requires cosmetic and system updates.
The home features solid block construction, providing excellent structural integrity and better thermal efficiency for the Arizona climate compared to traditional frame-built homes.
Currently occupied by tenants and priced competitively under $300,000, this 4-bedroom property offers an immediate income stream and strong rental appeal for investors.
The absence of a homeowners association eliminates monthly fees and restrictive covenants, offering the owner greater financial flexibility and freedom regarding property use.
Built in 1954, the property likely features older mechanical, electrical, and plumbing systems that may require modernization or maintenance in the near future.
The assigned high school carries a lower academic rating, which could potentially impact long-term resale value and appeal to families prioritizing education.
Solid home in the West Central Phoenix Area. This is a solid block construction home, ready for new owner. Ideally maybe an investor looking to pick up a rental property. Currently rented.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 67% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,500 | 1,276 | 76% |
| Lot Size | 5,994 | 6,373 | 12% |
| Price | $300.0K | $245.8K | 66% |
| Price per sq ft | $200 | $192 | 51% |
| Built year | 1954 | 1953 | 54% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 1215 | 5% |
Jan 16, 2026
$299,999
Initial Listing