
Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $349,000—positioned well above the $303,447 Fair Market Value by -15%. Featuring solid block construction and a large backyard with RV gate, the home offers significant utility for rental demand. While the Fair Condition Rating indicates a need for modernization of aging systems, the 4-bedroom layout provides a strong foundation for value-add renovations. This asset is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking to capitalize on functional square footage.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3641 W LEWIS Avenue Subject | $349,000* List Price | 4 | 2 | 1,497 | $214 | - |
A 4214 W LEWIS Avenue Sold | $247,500 | 3 | 2 | 1,449 | $171 | 0.7 mi |
B 3145 W CYPRESS Street Sold | $340,000 | 4 | 2 | 1,145 | $297 | 0.6 mi |
C 3714 W SHERIDAN Street Sold | $269,000 | 3 | 1 | 960 | $280 | 0.1 mi |
D 3801 W WILSHIRE Drive Active | $370,000 List Price | 4 | 2 | 1,469 | $252 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this 70-year-old property has had some updates but remains dated. The tile flooring and exterior stucco suggest a renovation likely performed 15-25 years ago. While functional and move-in ready, the property requires modernization of the kitchen, bathrooms, and likely the roof-mounted HVAC system to meet current standards.
The home is built with solid block construction, offering superior structural integrity and natural thermal insulation well-suited for the Arizona climate.
The property features a large backyard with a side entry and a dedicated RV gate, providing excellent storage options for trailers, boats, or additional vehicles.
With 4 bedrooms and 2 bathrooms, the spacious 1,497-square-foot floor plan offers a high utility-to-price ratio for families or rental investors.
Originally constructed in 1954, the property likely requires a thorough inspection of aging systems such as plumbing, electrical, and HVAC to ensure modern safety standards.
The listing lacks specific details regarding recent capital improvements, such as the age of the roof or mechanical systems, which may lead to unexpected near-term expenses.
THIS IS!!MUST SEE! MUST SEE!! GREAT PROPERTY WITH AWASOME VALUE 4 BEDROOMS 2 BATHROOMS VERY SPACIOUS PROPERTY WITH LARGE BACKYARD SIDE ENTRY AND BACK RV GATE VERY SOLID BLOCK CONSTRUCTION !!!PROPERTY IS GREAT CONDITION!! MUST SEE!MUST SEE!!!MUST SEE!!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,497 | - |
| Lot Size | 6,551 | - |
| Price | $349.0K | $495.4K |
| Price per sq ft | $233 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 51 | 1260 |
Jun 1, 2026
$349,000
Initial Listing