
Phoenix, AZ 85040
Analysis of 4009 S CENTRAL Avenue, Phoenix, AZ 85040 is currently available with a list price of $350,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1952 (72+ years old) with no evidence of renovation. The exterior shows significant neglect, peeling stucco, and bars on all windows. The lot is filled with debris and old vehicles, suggesting the property is being sold for land value or requires a total reconstruction.
At 3,350 square feet, this property offers a massive interior footprint for the price point, providing significant potential for reconfiguration or multi-generational living.
Situated on S Central Avenue, the home offers direct access to Downtown Phoenix and the upcoming light rail extension, making it a prime spot for future appreciation.
The lack of a homeowners association provides owners with greater flexibility for property modifications and eliminates monthly association fees, enhancing overall affordability.
With only one bathroom serving over 3,300 square feet of living space, the property suffers from functional obsolescence that will require significant plumbing investment.
Built in 1952, the property likely requires extensive updates to major systems like electrical and HVAC to safely and efficiently support such a large interior volume.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 3,350 | - |
| Lot Size | 6,050 | - |
| Price | $350.0K | $495.4K |
| Price per sq ft | $104 | $290 |
| Built year | 1952 | 0 |
| HOA | $0 | $0 |
| Days on market | 59 | 1260 |
May 25, 2026
$350,000
Initial Listing