
Phoenix, AZ 85008
This 7-Bedroom Multi-Generational Asset is a Strong Value Opportunity, listed at $599,000—positioned well below the $602,258 Fair Market Value by 0.54%. This valuation gap offers $3,258 in Instant Equity. Featuring a Condition Rating of 2 with high-end renovations, the property includes a Detached Casita and Outdoor Kitchen. Its unique layout is ideal for Buy-and-Hold Investors seeking group home income or Owner-Occupants requiring flexible, move-in ready space near downtown Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3536 E Oak Street Subject | $599,000* List Price | 7 | 3 | 2,400 | $251 | - |
A 2816 N 33RD Place Active | $499,900 List Price | 5 | 3 | 1,918 | $261 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1952 build date, the property has undergone a complete high-end renovation within the last 5 years. It features modern wood-look tile flooring throughout, a fully updated kitchen with stainless steel appliances, and contemporary bathrooms with designer tile work and LED mirrors, making it move-in ready with no maintenance required.
The rare 7-bedroom configuration combined with a detached casita featuring a private entrance and RV gate offers exceptional versatility for multi-generational living or rental income as a group home.
The availability of Seller Financing and Rent-to-Own options with a low down payment makes this property highly accessible to a wider range of buyers who may face traditional lending hurdles.
The home is move-in ready following a complete renovation, featuring contemporary wood tile plank flooring, a spacious kitchen with gas cooking, and a secondary outdoor kitchen island.
Fitting 7 bedrooms into 2,400 square feet suggests that individual room dimensions are likely small, which may feel restrictive for buyers prioritizing spacious private quarters.
While the interior is renovated, the 1952 original build date may present underlying maintenance challenges associated with older plumbing, electrical, or structural components.
** PERFECT FOR MULTI-GEN OR GROUP HOME** Rent to Own OR Seller Financing Opportunity with low Downpayment. 7 Bedrooms/3 Bathrooms, 2400 SF home that has been completely renovated and is MOVE IN READY. Spacious Kitchen with gas cook top, all appliances and ample storage. Second kitchen outdoors with barbecue island. Wood tile plank flooring throughout. Separate laundry room with utility sink and Washer/dryer. DETACHED CASITA with private entrance and parking through RV GATE, and private fenced yard. WELL LOCATED TO 51, AIRPORT AND DOWNTOWN. Hablo espanol.
No exterior & parking available.
Grades PK-8 • 0.2 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,400 | - |
| Lot Size | 7,353 | - |
| Price | $599.0K | $495.4K |
| Price per sq ft | $250 | $290 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 83 | 1260 |
Apr 30, 2026
$599,000
Initial Listing