3531 W POLK Street, Phoenix, AZ 85009, Phoenix, 85009 - 2 bed, 1 bath
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Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $325,000—positioned well below the $265,447 Fair Market Value by -22%. While the home maintains a Condition Rating of 4, featuring an open-concept layout, solar panels, and a large carport, the interior requires cosmetic updates. The property offers a durable, low-maintenance exterior, though buyers should note the limited 2-bed/1-bath configuration and local school ratings. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3531 W POLK Street Subject | $325,000* List Price | 2 | 1 | 1,214 | $219 | - |
A 4224 W PORTLAND Street Sold | $270,000 | 4 | 2 | 1,428 | $189 | 1.0 mi |
B 4224 W PORTLAND Street Sold | $270,000 | 3 | 2 | 1,428 | $189 | 1.0 mi |
C 4224 W PORTLAND Street Sold | $270,000 | 3 | 2 | 1,400 | $193 | 1.0 mi |
D 3710 W ROOSEVELT Street Sold | $339,500 List Price | 4 | 2 | 1,249 | 0.5 mi | |
E 3648 W PORTLAND Street Sold | $253,080 | 4 | 2 | 1,218 | $208 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Originally built in 1958, the property features renovations such as ceramic tiling and kitchen cabinetry that appear to be approximately 15-25 years old. While the home is functional and includes recent exterior upgrades like solar panels and a large carport, the interior finishes are dated and the overall condition suggests a need for cosmetic updates and minor repairs to meet modern standards.
The property features installed solar panels, providing the new homeowner with immediate utility cost savings and enhanced energy efficiency in the Phoenix climate.
The front yard pavers, extensive backyard cement decking, and large metal carport offer a durable, low-maintenance outdoor space ideal for vehicle protection and hosting.
The interior has been updated with an open-concept layout and ceramic tile throughout, creating a more spacious and contemporary feel than typical homes of this era.
With only two bedrooms and one bathroom, the property may have limited appeal for larger families or buyers requiring a home office or guest suite.
The assigned public schools in the area currently hold low performance ratings, which could impact long-term resale value and appeal to education-focused families.
For sale is a nice home that has 2 bedrooms and 1 bath. Home has some updated features showcasing an open concept that allows you feel more open space. Nice ceramic tile throughout. Homeowner had recently added a huge front metal structure carport to protect your vehicles. Front yard has pavers for easy maintenance. Out back you find yards and yards of cement decking. RV gate. Backyard is ready to host any family gatherings. Solar panels are installed and saving the homeowner money. Home is ready for new homeowners!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades K-5 • 1.0 mi
Grades 6-8 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 21% |
| Baths | 1.0 | 2.0 | 32% |
| Square foot | 1,214 | 1,290 | 41% |
| Lot Size | 6,316 | 6,386 | 44% |
| Price | $325.0K | $230.0K | 78% |
| Price per sq ft | $268 | $189 | 75% |
| Built year | 1958 | 1953 | 75% |
| HOA | $0 | $0 | 50% |
| Days on market | 20 | 1834 | 1% |
May 26, 2026
$325,000
Initial Listing