
Phoenix, AZ 85051
This property represents a High-Potential Investment Opportunity with a List Price of $395,000. As a Value-Add Residential Asset, it offers significant ROI potential on an oversized 0.27-acre cul-de-sac lot with no HOA. The property features a detached 2-car garage/workshop with power, an RV gate, and a diving pool. While the interior holds a Fair Condition Rating, the bathrooms were remodeled in 2020. Located near Cactus Wren Elementary and Cortez High School, this "as-is" sale is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4045 W CAMINO ACEQUIA -- Subject | $395,000* List Price | 3 | 2 | 1,716 | $139 | - |
A 10032 N 42ND Avenue Sold | $458,000 | 3 | 2 | 1,546 | $296 | 0.2 mi |
B 9225 N 40TH Drive Sold | $407,500 | 3 | 2 | 1,808 | $225 | 0.4 mi |
C 4106 W PURDUE Avenue Sold | $349,750 | 3 | 2 | 1,545 | $226 | 0.2 mi |
D 9837 N 37TH Drive Sold | $388,000 List Price | 3 | 2 | 1,797 | 0.4 mi | |
E 9837 N 37TH Drive Sold | $330,000 List Price | 3 | 2 | 1,797 | 0.4 mi | |
F 4014 W PURDUE Avenue Sold | $420,000 | 3 | 2 | 1,808 | $232 | 0.2 mi |
G 9602 N 41ST Avenue Active Under Contract | $440,000 List Price | 3 | 2 | 1,808 | $243 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, the property is largely in original condition, particularly the kitchen which features dated wood cabinetry and older appliances. However, the home has been maintained and received a significant update with both bathrooms being fully remodeled in 2020. While the interior requires cosmetic modernization (flooring, kitchen, and popcorn ceiling removal) and is sold as-is, it remains functional and livable, fitting the criteria for a fair condition rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 11687, living area = 1716.
The property features a rare combination of an attached 2-car garage plus a detached 2-car garage/workshop with power, an RV gate, and alley access, ideal for hobbyists or vehicle storage.
Situated on an oversized 0.27-acre cul-de-sac lot with no HOA, this property offers a blank canvas for investors or renovators to build equity through modernizing the original interior.
The interior is mostly original from 1972, meaning buyers will need to budget significantly for updates to the kitchen, flooring, and mechanical systems to meet modern standards.
The property is being sold in as-is condition, which may limit financing options and requires the buyer to assume all risks regarding potential structural or system repairs.
Opportunity to unlock value on this oversized ~0.27-acre cul-de-sac lot in North Phoenix. This 3-bedroom, 2-bath home offers approximately 1,716 square feet. The interior is mostly original and ready for updates, while both bathrooms were fully remodeled in 2020. The property features an attached 2-car garage plus a detached 2-car garage/workshop with power, along with alley access and an RV gate. The backyard is mostly open, providing flexibility for future improvements or expansion, and includes a diving pool. Additional features include a hidden room behind a bookshelf and no HOA. Ideal for investors or buyers looking to renovate and add value. Property is being sold as-is.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.2 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 | 1,716 | 1,628 | 59% |
| Lot Size | 11,687 | 7,706 | 97% |
| Price | $395.0K | $350.0K | 77% |
| Price per sq ft | $230 | $219 | 60% |
| Built year | 1972 | 1967 | 74% |
| HOA | $0 | $0 | 50% |
| Days on market | 41 | 350 | 1% |
Mar 16, 2026
$395,000
Initial Listing