
Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $488,000—positioned well below the $462,381 Fair Market Value by -5%. Featuring a 3-bedroom main home and a brand-new 2-bedroom guest house, this Condition Rating 2 asset offers significant income potential through multi-family or rental strategies. With $0 HOA fees and modern updates including newer HVAC and roof systems, the property provides immediate utility. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating residential compound.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4123 W HOLLY Street Subject | $488,000* List Price | 5 | 4 | 2,100 | $220 | - |
A 2301 N 39TH Lane Sold | $389,000 | 5 | 3 | 1,828 | $213 | 0.3 mi |
B 1918 N 42ND Avenue Active | $380,000 List Price | 3 | 2 | 1,510 | $252 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2018 (under 10 years old) with a brand new, never-lived-in guest house. The main home features updated wood-look tile flooring, modern kitchen cabinets, stainless steel appliances, and newer HVAC and roof systems, requiring no immediate maintenance.
The property features two separate dwellings, including a 3-bedroom main house and a brand-new 2-bedroom guest house, providing an ideal setup for multi-generational families or high-yield rental opportunities.
The main home boasts a newer roof and A/C system along with updated flooring and cabinetry, while the guest house is entirely new construction, significantly reducing immediate maintenance concerns for a buyer.
With an association fee of $0, owners enjoy full autonomy over their property without the burden of monthly dues or restrictive covenants, enhancing the long-term investment value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2100, other record living area = 1116. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
The local schools assigned to this address carry low ratings (ranging from 2 to 3 out of 10), which may impact the property's appeal to families prioritizing educational performance.
Fitting two full residences onto a 7,505-square-foot lot results in limited private yard space and may create a sense of crowding between the two units.
Incredible opportunity to own not one, but two homes on this property! Main home is a 3 bedroom/2 bath and the Guest home is a 2 bedroom/2 bath home. The Guest home is brand new and has not been lived in! Make it yours! The Main home has updated flooring, bathrooms, kitchen cabinets and appliances. Home has neutral paint and abundant natural light that complements the wood-look tile that stretches through out the home! The eat-in kitchen has recessed lighting, lots of cabinetry & counter space to prepare meals and gather around! Newer A/C and roof in the main home as well! Great place for an investor, or a multi-family situation, in-laws, or live in one and rent the other! Hurry will go fast!
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades 6-8 • 0.9 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 2,100 | - |
| Lot Size | 7,505 | - |
| Price | $488.0K | $495.4K |
| Price per sq ft | $232 | $290 |
| Built year | 2018 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 9, 2026
$488,000
Initial Listing