
Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well below the $260,802 Fair Market Value by -5%. Featuring a Fair Condition Rating, this 4-bedroom asset offers significant upside through its flexible layout, which allows for a potential duplex conversion. The inclusion of a large RV gate and rear access enhances site utility for future tenants. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors seeking a value-add project in an established Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3542 W MARICOPA Street Subject | $275,000* List Price | 4 | 2 | 1,500 | $174 | - |
A 3630 W MARICOPA Street Sold | $220,000 | 5 | 2 | 1,673 | $132 | 0.1 mi |
B 3513 W TONTO Street Active | $299,999 List Price | 4 | 2 | 1,500 | $200 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) with no evidence of recent renovations, this property is explicitly marketed as an 'Investor Special' and 'Short Sale.' The 'as-is' condition, visible window AC units suggesting lack of central HVAC, and the call for a total renovation align with the criteria for a property needing significant rehab.
Previously configured as a duplex, the layout offers a unique value-add opportunity to convert the property back into a multi-unit setup for increased rental yield or house-hacking.
Priced competitively as an investor special, this 4-bedroom home provides significant equity growth potential through renovation and modernization in an established Phoenix neighborhood.
The property features a large RV gate with rear access and a front security gate, providing excellent utility for vehicle storage and improved site security on a spacious lot.
The property is being offered as a short sale, which typically involves a more complex and prolonged closing process subject to third-party lender approval.
Sold in as-is condition with a preference for cash offers, the property may not qualify for traditional FHA or VA financing, limiting the pool of potential buyers to those with liquid capital.
INVESTOR SPECIAL! Don't miss this unique value-add opportunity with endless potential. This 4-bedroom, 2-bath home is ready for your vision and is being offered as a short sale. Previously configured as a duplex, the layout may be converted back to a multi-unit setup (buyer to verify all zoning, permitting, and intended use). The property also features a large RV gate with rear access, an additional front security gate, and a spacious lot with plenty of room for your next project. Whether you're looking to renovate, add to your rental portfolio, or create a primary residence with income potential, this property is worth a look. Cash preferred! Property is being sold as-is.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,500 | 1,850.5 |
| Lot Size | 6,007 | 7,313 |
| Price | $275.0K | $481.7K |
| Price per sq ft | $183 | $289 |
| Built year | 1954 | 1987 |
| HOA | $0 | $175 |
| Days on market | 22 | 757 |
Aug 3, 2026
$275,000
Initial Listing