406 E ORAIBI Drive, Phoenix, AZ 85024, Phoenix, 85024 - 3 bed, 2 bath
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Phoenix, AZ 85024
This property presents a Strong Value Opportunity with a List Price of $335,000—positioned well below the $314,398 Fair Market Value by -6%. Featuring a Condition Rating of 4, the home includes critical capital improvements like a new roof (2021), HVAC (2024), and water heater (2026). While the interior requires cosmetic modernization, the split floor plan and no HOA status provide a flexible canvas for value-add projects. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 406 E ORAIBI Drive Subject | $335,000* List Price | 3 | 2 | 1,006 | $313 | - |
A 406 E BEHREND Drive Sold | $370,100 | 3 | 2 | 1,168 | $317 | 0.1 mi |
B 19819 N 3RD Street Sold | $357,000 | 3 | 2 | 1,168 | $306 | 0.2 mi |
C 19819 N 3RD Street Sold | $357,000 | 3 | 2 | 1,168 | $306 | 0.2 mi |
D 502 E Topeka Drive Sold | $400,000 | 2 | 2 | 1,290 | $310 | 0.3 mi |
E 441 E Topeka Drive Active | $392,000 List Price | 2 | 2 | 1,290 | $304 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property features excellent recent updates to major systems, including a new roof (2021) and HVAC (2024). However, the interior finishes, such as the green carpeting and bathroom vanities, appear dated and original to the 1983 construction, requiring cosmetic modernization in the kitchen and baths.
The property features significant recent capital improvements, including a new roof (2021), a new HVAC system (2024), and a new water heater (2026), significantly reducing immediate maintenance risks for a buyer.
With an association fee of $0, this home offers greater financial flexibility and freedom from restrictive covenants, making it an ideal choice for investors or homeowners seeking autonomy.
The inclusion of dual-pane windows and fresh interior and exterior paint provides both improved energy performance and a clean, updated curb appeal.
At just 1,006 square feet for a three-bedroom, two-bathroom configuration, the interior living spaces and individual room sizes may feel constrained for some families.
The property is positioned as a 'canvas' for equity building, implying that while major systems are updated, the kitchen and bathrooms likely require modernization to reach full market potential.
Opportunity knocks in North Phoenix! This 3-bed, 2-bath, 1,006 sq ft home has the big-ticket updates already done, including a new roof in 2021, new HVAC in 2024, and new water heater in 2026. Inside, you'll find fresh interior and exterior paint, a split floor plan, and plenty of closet and storage space throughout. Conveniently located with easy access to the Loop 101, SR 51, and I-17, making it simple to get around the Valley for work, dining, shopping, 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 | 1,006 | - |
| Lot Size | 3,544 | - |
| Price | $335.0K | $495.4K |
| Price per sq ft | $333 | $290 |
| Built year | 1983 | 0 |
| HOA | $0 | $0 |
| Days on market | 28 | 1260 |
Jun 24, 2026
$335,000
Initial Listing