4140 E SAN MIGUEL Avenue, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 3 bath
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Phoenix, AZ 85018
Analysis of 4140 E SAN MIGUEL Avenue, Phoenix, AZ 85018 is currently available with a list price of $1,695,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
Built in 1959 with no evidence of renovation in over 50 years. The listing explicitly markets the property as an opportunity to 'build on' and a 'blank canvas,' indicating the value is in the land. Interior photos show original parquet flooring, dated finishes, and exposed wiring, suggesting the structure is at the end of its functional life.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 18491, living area = 3496.
Situated in one of Phoenix's most prestigious neighborhoods, the property is minutes from luxury landmarks like The Global Ambassador, Steak 44, and elite private schools.
The oversized 18,491 sqft lot serves as a blank canvas, offering a rare opportunity to build a custom estate or execute a high-end remodel in a high-demand area.
The home is being sold in as-is condition, signaling that significant capital investment is required for repairs, modernization, or a complete rebuild.
Originally built in 1959, the existing structure likely requires a total overhaul of systems and layout to meet contemporary luxury living standards.
Incredible opportunity to remodel or build on this prime location lot located in one of the most desirable areas of phoenix. minutes from global ambassador, steak 44 , private schools , top gyms and all the action. this oversized lot offers incredible opportunities to make it yours with this blank canvas. home is being sold as is where is. owner agent with fast answers.
No exterior & parking available.
Grades K-5 • 2.1 mi
Grades 6-8 • 2.7 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,496 | 2,751.5 | 75% |
| Lot Size | 18,491 | 9,936 | 81% |
| Price | $1.70M | $1.20M | 71% |
| Price per sq ft | $485 | $476 | 52% |
| Built year | 1959 | 1964 | 42% |
| HOA | $0 | $0 | 50% |
| Days on market | 5 | 1541 | 0% |
Jun 1, 2026
$1,695,000
Initial Listing