
Phoenix, AZ 85053
This property represents a High-Potential Investment Opportunity, listed at $498,776—positioned well below the $499,607 Fair Market Value by 0.17%. Featuring a 2024 comprehensive remodel and a Condition Rating of 2, this turnkey asset generates $3,533 in monthly rental income. The flexible floor plan, including a detached casita and bonus room, maximizes utility for tenants. With modern upgrades like a granite kitchen and dual refrigerated air systems, this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking immediate cash flow.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3829 W THUNDERBIRD Road Subject | $498,776* List Price | 6 | 3 | 2,450 | $204 | - |
A 4136 W HEARN Road Sold | $440,000 | 4 | 3 | 2,228 | $197 | 0.5 mi |
B 3842 W MAUNA LOA Lane Sold | $489,000 | 4 | 4 | 2,360 | $207 | 0.7 mi |
C 3842 W MAUNA LOA Lane Sold | $489,000 | 5 | 4 | 2,360 | $207 | 0.7 mi |
D 13801 N 37th Avenue Sold | $425,000 | 4 | 2 | 1,882 | $226 | 0.2 mi |
E 4159 W Evans Drive Sold | $410,000 | 4 | 2 | 1,837 | $223 | 0.6 mi |
F 4159 W EVANS Drive Sold | $410,000 | 4 | 2 | 1,837 | $223 | 0.6 mi |
G 3953 W EVANS Drive Sold | $365,000 | 4 | 2 | 1,800 | $203 | 0.5 mi |
H 14029 N 39TH Avenue Active | $457,000 List Price | 7 | 2 | 2,286 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2024, featuring a modern kitchen with granite countertops, updated bathrooms, and new flooring. Major systems are high-end and new, including dual refrigerated air heat pumps and a tankless water heater, meeting the criteria for a renovation under 5 years old.
The property is a high-yield investment generating $3,533 per month in rental income with a tenant already in place, offering immediate cash flow for the new owner.
Extensively updated in 2024, the home features modern finishes including granite countertops, stainless steel appliances, dual-pane windows, and updated flooring throughout.
The floor plan includes a detached casita with its own mini-split system and a separate bonus room, providing rare flexibility for multi-generational living or a private home office.
Situated on W Thunderbird Road, a major arterial street, the property may experience significant traffic noise and reduced privacy compared to interior neighborhood lots.
While the interior and cosmetics were remodeled in 2024, the original 1972 construction may still present maintenance challenges associated with older plumbing or structural components.
Remodeled in 2024, this exceptional single level home presents an outstanding investment opportunity with a tenant already in place, generating $3,533 per month in rental income through the existing lease. Offering a detached casita and a bonus room, the flexible floor plan is ideal for long term rental demand while providing exceptional space and functionality. Behind the custom gated entry, the striking modern exterior showcases stacked stone accents, an inviting front courtyard, RV gate, RV parking, and an oversized driveway with plenty of space for vehicles and toys. Inside, the open floor plan is centered around a spacious living room with a beautifully updated fireplace and flows seamlessly into the remodeled kitchen featuring granite countertops, white cabinetry, stainless steel appliances, breakfast bar seating, and an adjoining dining area. Luxury finishes continue throughout the home with updated flooring, remodeled bathrooms, dual pane windows, recessed lighting, and thoughtful upgrades completed in 2024. The split floor plan provides privacy while offering multiple living arrangements. The detached casita is equipped with its own mini split system, creating a comfortable retreat for guests, extended family, or a private workspace. A separate bonus room adds even more versatility to fit your lifestyle. Designed for both comfort and efficiency, the home features two refrigerated air heat pump systems, a tankless natural gas water heater, and ceiling fans throughout. The expansive backyard offers endless possibilities with a large covered patio, built in BBQ area, detached storage building, generous patio space, and plenty of room to customize for entertaining, recreation, gardening, or future additions. Located on a north/south exposure lot, this beautifully updated property combines modern finishes, abundant living space, exceptional flexibility, and outstanding value in a convenient Phoenix location.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 6.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,450 | - |
| Lot Size | 7,918 | - |
| Price | $498.8K | $495.4K |
| Price per sq ft | $204 | $290 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 1260 |
Jun 25, 2026
$498,776
Initial Listing