4204 N 19TH Street, Phoenix, AZ 85016, Phoenix, 85016 - 3 bed, 2 bath
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Phoenix, AZ 85016
This Value-Add Residential Asset is a High-Potential Investment Opportunity with a List Price of $425,000—positioned well below the $501,339 Fair Market Value by 15%. This valuation gap offers $76,339 in Instant Equity for buyers prepared to address the Condition Rating of 5. Built in 1989, the home features a 2022 HVAC system, 200A electric panel, and a large lot with a 13x23 storage unit. Located near Madison Schools, it offers significant ROI through a full cosmetic update and roof replacement. This acquisition is ideal for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4204 N 19TH Street Subject | $425,000* List Price | 3 | 2 | 1,448 | $346 | - |
A 2513 E Turney Avenue Sold | $460,000 | 3 | 2 | 1,305 | $352 | 0.8 mi |
B 2513 E TURNEY Avenue Sold | $460,000 | 3 | 2 | 1,302 | $353 | 0.8 mi |
C 4418 N 19TH Place Sold | $380,000 | 3 | 2 | 1,744 | $218 | 0.3 mi |
D 2022 E MULBERRY Drive Sold | $419,950 List Price | 3 | 2 | 1,556 | 0.7 mi | |
E 3202 N 21ST Street Sold | $495,000 | 3 | 2 | 1,696 | $292 | 0.8 mi |
F 1827 E MONTEREY Way Sold | $470,000 | 3 | 2 | 1,450 | $324 | 0.8 mi |
G 2038 E CHEERY LYNN Road Active Under Contract | $315,000 List Price | 3 | 2 | 1,236 | $255 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property requires substantial rehabilitation and a full cosmetic update. While the HVAC system is relatively new (2022), the interior shows significant neglect with heavily stained carpeting, severely scuffed and dirty walls, and an outdated kitchen with missing panels and worn cabinetry. The listing also explicitly states the home needs a new roof, placing it firmly in the poor category as it is not move-in ready and requires major system and cosmetic repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7662, living area = 1448.
The property features a recently updated HVAC system from May 2022 and a 200A electric panel, providing a reliable and high-capacity mechanical foundation for the home.
Constructed in 1989, this residence is significantly newer than the surrounding 1940s-era neighborhood, offering more modern construction standards and structural integrity.
The home requires a full cosmetic update and a complete roof replacement, which will necessitate a substantial immediate capital investment from the buyer.
Because the property needs comprehensive interior and exterior work, it may be challenging for traditional financing and is best suited for investors or cash buyers.
Amazing location! This house was built in 1989 which is considerably newer than most of the neighborhood (built in the late 1940's). Includes a 13x23 storage unit and 13ft gate out to the alley. The property needs a full cosmetic update & roof. Electric panel is 200A. HVAC manufactured in May 2022 and is a packaged gas/electric system with 3.5 tons cooling/ 60k BTU heating. The lot is approximately 60' x 127.7' (dimensions per assessor). The property right next door (4200 N 19th St) is also available & has approximately the same lot size!
No exterior & parking available.
Grades PK-4 • 0.5 mi
Grades 5-8 • 0.6 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,448 | 1,875 | 21% |
| Lot Size | 7,662 | 8,294 | 36% |
| Price | $425.0K | $595.0K | 37% |
| Price per sq ft | $294 | $353 | 39% |
| Built year | 1989 | 1955 | 89% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 1490 | 0% |
Mar 18, 2026
$425,000
Initial Listing