
Phoenix, AZ 85019
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $307,209 Fair Market Value by 2%. This valuation gap offers $8,209 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home’s solid block construction and lack of HOA restrictions provide a stable foundation for value-add renovations. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with significant upside in a central Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3814 W MULBERRY Drive Subject | $299,000* List Price | 3 | 2 | 1,455 | $211 | - |
A 4117 W MULBERRY Drive Sold | $315,000 | 3 | 2 | 1,337 | $236 | 0.4 mi |
B 3326 N 39TH Avenue Sold | $329,000 List Price | 3 | 2 | 1,305 | 0.1 mi | |
C 3802 W Mulberry Drive Active | $320,000 List Price | 3 | 1 | 1,237 | $259 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1958, this 66-year-old home is described as having 'great bones' and 'endless potential,' which typically indicates original or significantly dated kitchen and bathroom facilities. The exterior features an evaporative cooler rather than a modern central HVAC system, and while the property appears well-maintained and livable, it requires cosmetic updates and system modernizations to meet current market standards.
The absence of a Homeowners Association eliminates monthly fees and restrictive covenants, offering the owner greater financial flexibility and freedom to customize the property.
Built with solid block, the home provides superior structural integrity and natural insulation, which is highly beneficial for energy efficiency in the Phoenix climate.
The property is conveniently situated near major freeways and Downtown Phoenix, providing excellent accessibility to major employment hubs, shopping, and entertainment.
The property is marketed as needing personal touches and updates, suggesting that immediate capital investment is required to bring the interior up to modern standards.
As a 1958 build, the home may have original plumbing, electrical, or mechanical systems that could require costly maintenance or replacement compared to newer homes.
3-bedroom, 2-bath solid block home with no HOA this home has great bones and endless potential! This is an excellent opportunity to add your own personal touches and build instant equity. Conveniently located near schools, major freeways, and Downtown Phoenix, offering easy access to shopping, dining, and entertainment.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,455 | - |
| Lot Size | 6,029 | - |
| Price | $299.0K | $495.4K |
| Price per sq ft | $205 | $290 |
| Built year | 1958 | 0 |
| HOA | $0 | $0 |
| Days on market | 8 | 1260 |
Jul 15, 2026
$299,000
Initial Listing