4137 W FRIER Drive, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 2 bath
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Phoenix, AZ 85051
This Spacious Value-Add Residence represents a Prime Investment Opportunity with a List Price of $399,990—positioned well below the $410,722 Fair Market Value by 2%. This valuation gap provides $10,732 in Instant Equity. While the home carries a Condition Rating of 4 due to its dated interior, the 2,399 sq. ft. layout, private fenced pool, and walking distance to Apollo High School offer significant upside for forced appreciation. It is a strategic acquisition for Owner-Occupants looking to build wealth or Buy-and-Hold Investors seeking a high-square-footage rental asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4137 W FRIER Drive Subject | $395,000* List Price | 3 | 2 | 2,399 | $171 | - |
A 4144 W STATE Avenue Sold | $370,000 | 3 | 2 | 1,906 | $194 | 0.4 mi |
B 3713 W LAS PALMARITAS Drive Sold | $290,000 | 4 | 2 | 1,912 | $152 | 0.8 mi |
C 4134 W LINGER Lane Sold | $380,000 | 3 | 2 | 1,954 | $194 | 0.3 mi |
D 3828 W LOMA Lane Sold | $350,000 | 4 | 2 | 2,037 | $172 | 0.5 mi |
E 3828 W LOMA Lane Sold | $350,000 | 4 | 2 | 2,037 | $172 | 0.5 mi |
F 4134 W LINGER Lane Sold | $380,000 | 3 | 2 | 1,954 | $194 | 0.3 mi |
G 4143 W NORTHVIEW Avenue Active | $400,000 List Price | 4 | 2 | 2,147 | $186 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, the property is over 50 years old and shows significant signs of being dated. While the home is functional and features some updates like tile flooring and stainless steel appliances, the kitchen cabinetry, lighting fixtures, and popcorn ceilings indicate that no major renovations have occurred in the last 20+ years, necessitating cosmetic updates.
The property is ideally situated within walking distance to elementary, middle, and high schools, offering exceptional convenience for families with children.
The backyard features a private fenced pool and a storage shed, providing a ready-made space for recreation and additional utility.
With dual-pane windows and a north/south exposure, the home is designed to optimize indoor climate control and energy efficiency in the Arizona heat.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2399, other record living area = 1714.
The property utilizes a two-space carport rather than a traditional garage, which may limit secure storage options and vehicle protection from the elements.
Built in 1968, the home may require cosmetic or structural updates to align with modern design trends and contemporary buyer expectations.
4137 W Frier Dr, Phoenix, AZ 85051, is a spacious single-family home with 3 bedrooms, 2 bathrooms, and 2,399 sq. ft. of living space on a 6,207 sq. ft. lot. Built in 1968, it features an Arizona room, family room, breakfast room, dual-pane windows, tile floors, and a fireplace. The kitchen is equipped with an electric cooktop, dishwasher, and refrigerator. The backyard boasts a private fenced pool, and a storage shed. For additional comfort and convenience there is a two-space carport with extended driveway, central A/C, forced air heating, and side gates on both sides of the home with a north/south exposure. All within walking distance to all three levels of schooling.
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 7-8 • 0.3 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 2,399 | - |
| Lot Size | 6,207 | - |
| Price | $395.0K | $495.4K |
| Price per sq ft | $165 | $290 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 91 | 1260 |
Jun 4, 2026
$395,000
$399,990
-1% Price Drop
Initial Listing
Apr 23, 2026
$399,990
Initial Listing