3823 W Greenway Road, Phoenix, AZ 85053, Phoenix, 85053 - 3 bed, 2 bath
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Phoenix, AZ 85053
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $435,000—positioned well above the $416,922 Fair Market Value by -4%. While the home requires cosmetic modernization due to its Fair Condition Rating, the expansive 7,315 sqft lot and proximity to Greenway High School (Rating 7) provide a solid foundation for value-add projects. With No HOA Restrictions, this property offers the flexibility needed for structural enhancements. It is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants seeking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3823 W Greenway Road Subject | $399,500* List Price | 3 | 2 | 1,973 | $202 | - |
A 15212 N 37th Avenue Sold | $395,000 | 4 | 2 | 1,738 | $227 | 0.2 mi |
B 3737 W CROCUS Drive Sold | $485,000 | 3 | 3 | 1,944 | $249 | 0.7 mi |
C 3335 W ACOMA Drive Sold | $445,000 | 3 | 2 | 1,912 | $233 | 0.8 mi |
D 4136 W HEARN Road Sold | $440,000 | 4 | 3 | 2,228 | $197 | 0.8 mi |
E 4159 W EVANS Drive Sold | $410,000 | 4 | 2 | 1,837 | $223 | 0.7 mi |
F 3802 W MAUNA LOA Lane Sold | $279,900 | 3 | 2 | 1,380 | $203 | 0.3 mi |
G 14843 N 37TH Avenue Active | $419,000 List Price | 5 | 3 | 2,064 | $203 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, the home is over 50 years old and retains many original features including popcorn ceilings, dark wood paneling, and dated cabinetry. While the listing describes it as well-maintained and move-in ready, the finishes are significantly dated (30+ years) and require cosmetic modernization and likely system updates.
The property is ideally situated within walking distance of highly-rated schools, including Greenway High School (Rating 7), and offers convenient access to major commuter routes and local amenities.
With an association fee of $0, this home offers homeowners significant financial savings and the freedom to use their property without the constraints of a homeowners association.
The 7,315 sqft lot features an expansive backyard, providing a rare amount of space for outdoor living, gardening, or future structural enhancements in a developed North Phoenix neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1973, other record living area = 1705.
The property requires cosmetic updates to meet modern aesthetic standards, which may necessitate an additional immediate investment from the buyer after closing.
Built in 1973, the home may feature older mechanical systems and architectural elements that lack the energy efficiency and contemporary layouts found in newer residential builds.
Discover the potential in this well-maintained 3-bedroom, 2-bath home situated on a generously sized lot in a desirable North Phoenix location. Offering a functional floor plan with abundant storage throughout, this home provides comfortable living spaces and plenty of room to make it your own. The expansive backyard offers endless possibilities for outdoor living, gardening, entertaining, or future enhancements. While some cosmetic updates may be desired, the home has been lovingly cared for and is clean, comfortable, and move-in ready. Conveniently located near shopping, dining, schools, parks, and major commuter routes, this property presents an excellent opportunity for buyers seeking space, value, and the chance to personalize a home to their own style. Motivated Seller
No exterior & parking available.
Grades PK-6 • 0.4 mi
Grades 7-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,973 | - |
| Lot Size | 7,315 | - |
| Price | $399.5K | $495.4K |
| Price per sq ft | $202 | $290 |
| Built year | 1973 | 0 |
| HOA | $0 | $0 |
| Days on market | 39 | 1260 |
Jul 10, 2026
$399,500
$415,000
-4% Price Drop
Initial Listing
Jun 27, 2026
$415,000
$425,000
-2% Price Drop
Initial Listing
Jun 23, 2026
$425,000
$435,000
-2% Price Drop
Initial Listing
Jun 13, 2026
$435,000
Initial Listing