3731 W MYRTLE Avenue, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 2 bath
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Phoenix, AZ 85051
This Functional Single-Family Home is a Prime Investment Opportunity, listed at $314,900—positioned well below the $327,683 Fair Market Value by 3%. This valuation gap offers $12,783 in Instant Equity. Featuring a private backyard pool and no HOA fees, the property balances lifestyle value with low monthly overhead. While the Condition Rating of 4 reflects dated 1960s finishes, the solid layout and proximity to Washington High School (Rating 7) provide a strong foundation for forced appreciation. This is an ideal match for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3731 W MYRTLE Avenue Subject | $314,900* List Price | 3 | 2 | 1,245 | $263 | - |
A 3730 W CACTUS WREN Drive Sold | $254,601 | 3 | 2 | 1,252 | $203 | 0.2 mi |
B 7106 N 41ST Lane Sold | $360,000 | 3 | 2 | 1,320 | $273 | 0.5 mi |
C 7630 N 42ND Lane Sold | $399,900 | 4 | 2 | 1,271 | $315 | 0.8 mi |
D 7102 N 41ST Lane Sold | $340,000 | 3 | 2 | 1,199 | $284 | 0.5 mi |
E 3730 W CACTUS WREN Drive Active | $359,000 List Price | 3 | 2 | 1,252 | $287 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1960, the property features dated interior finishes including older ceramic tile and a basic vanity that appear to be 15-30 years old. While functional and move-in ready, the home requires cosmetic updates and landscaping to address its aged appearance.
The property includes a private backyard pool, a highly sought-after feature in the Phoenix market that provides significant lifestyle value and relief during summer months.
With an association fee of zero, homeowners enjoy lower monthly carrying costs and the freedom to personalize their property without the restrictions of a homeowners association.
The home offers a practical 3-bedroom, 2-bathroom configuration with a 1-car garage, providing a versatile floor plan suitable for families, first-time buyers, or investors.
Built in 1960, the property may require updates to major systems or cosmetic modernizations to compete with newer inventory in the area.
While the high school is rated a 7, the local elementary and middle schools carry lower ratings of 4, which may be a deterrent for education-focused families.
Charming 1-story home featuring 3 bedrooms, 2 bathrooms, and a 1-car garage with a functional layout. Spacious living areas provide room to relax or entertain. The kitchen offers ample cabinet and counter space for everyday living. Generous bedrooms offer flexibility for guests, office space, or hobbies. Enjoy a private backyard with a pool and space to create your ideal outdoor retreat.
No exterior & parking available.
Grades PK-6 • 0.6 mi
Grades 7-8 • 0.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,245 | 1,620 | 16% |
| Lot Size | 6,481 | 7,662 | 21% |
| Price | $314.9K | $349.9K | 36% |
| Price per sq ft | $253 | $219 | 76% |
| Built year | 1960 | 1967 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 4 | 349 | 1% |
Apr 21, 2026
$314,900
Initial Listing