4133 N 49TH Avenue, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This property represents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $312,723 Fair Market Value by 4%. This valuation gap offers $13,723 in Instant Equity for buyers. Currently maintaining a Condition Rating of 4, the home provides immediate cash flow through a tenant-occupied month-to-month lease and the financial advantage of No HOA fees. With its 1954 block construction and updated tile flooring, the "as-is" status presents significant upside for forced appreciation through modernization. This is an ideal asset for Buy-and-Hold Investors or Fix-and-Flip Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4133 N 49TH Avenue Subject | $299,000* List Price | 3 | 2 | 1,116 | $280 | - |
A 4634 W WELDON Avenue Sold | $335,000 | 3 | 2 | 988 | $339 | 0.5 mi |
B 4450 W WELDON Avenue Sold | $290,000 | 3 | 2 | 1,360 | $213 | 0.6 mi |
C 4306 N 50th Avenue Sold | $282,490 | 3 | 2 | 1,189 | $238 | 0.3 mi |
D 4146 N 48TH Drive Sold | $240,000 | 3 | 2 | 1,140 | $211 | 0.0 mi |
E 4634 W WELDON Avenue Active | $265,000 List Price | 3 | 2 | 988 | $268 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this property is a typical mid-century block home that appears to have been maintained but not extensively renovated. While it features updated tile flooring throughout, the interior shows dated finishes, painted structural block walls, and older fixtures. The 'as-is' sale status and the age of the home suggest that while functional and currently tenant-occupied, it requires cosmetic updates and likely has aging major systems that are nearing the end of their expected lifespan.
The property features a tenant already in place on a month-to-month lease, providing immediate cash flow and reducing vacancy risk for investors.
With an association fee of zero, the property offers lower monthly carrying costs and greater freedom for the owner compared to managed communities.
The 3-bedroom, 2-bathroom configuration is a highly desirable and functional footprint for both small families and the local rental market.
The home is being sold in 'as-is' condition, which suggests the potential for deferred maintenance and the need for immediate capital for repairs.
Built in 1954, the property may require significant updates to major systems like plumbing and electrical to meet modern standards and efficiency.
3 BEDROOM 2 BATH HOME. HOME HAS A TENANT IN PLACE ON A ''MONTH TO MONTH'' LEASE AGREEMENT. HOME IS BEING SOLD ''AS IS''.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 49% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,116 | 1,416.5 | 12% |
| Lot Size | 6,159 | 7,172 | 14% |
| Price | $299.0K | $283.7K | 56% |
| Price per sq ft | $268 | $156 | 88% |
| Built year | 1954 | 1957 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 58 | 1374 | 1% |
Feb 26, 2026
$299,000
Initial Listing