4236 N 31ST Drive, Phoenix, AZ 85017, Phoenix, 85017 - 3 bed, 1 bath
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Phoenix, AZ 85017
This property presents a High-Potential Investment Opportunity with a List Price of $279,000—positioned well below the $259,799 Fair Market Value by -7%. Featuring a Condition Rating of 5, the home requires a comprehensive interior rehab to reach its full potential. Its proximity to GCU and the I-17 makes it a prime candidate for student housing. With all-tile flooring and a covered patio, this is a strategic acquisition for Buy-and-Hold Investors or Fix-and-Flip Investors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4236 N 31ST Drive Subject | $279,000* List Price | 3 | 1 | 900 | $289 | - |
A 4233 N 32ND Avenue Active | $239,999 List Price | 2 | 1 | 1,035 | $232 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 and marketed as an 'Investor Special,' this property shows significant wear and tear. The kitchen features dated cabinetry and worn countertops, walls throughout the home are heavily scuffed and stained, and the closet spaces appear unfinished. While the tile flooring is a plus, the home requires a comprehensive interior rehab and likely system updates to meet modern living standards.
Situated near Grand Canyon University and major transit routes like the I-17, this property is perfectly positioned for high-demand student housing or rental income.
The home features durable all-tile flooring throughout and double laundry facilities, making it an ideal, easy-to-manage option for investors looking for durability.
Boasting a huge front yard and a covered patio, the property offers significant outdoor space and curb appeal within an established neighborhood.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 814. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
With only 900 square feet of living space and a single bathroom for three bedrooms, the floor plan may feel cramped for modern family standards or multiple tenants.
The assigned elementary, middle, and high schools all carry low ratings of 3, which could limit the property's appeal to long-term family residents.
Investor Special! 3 bedroom 1 bathroom home! Double laundry facilities! Covered patio! All tile flooring! Primary bedroom has a large walk in closet! Huge front yard! Would be great for a student living investment property!! 2 newer build neighbors! Cielito Park!! Near GCU campus, easy access to the I-17, Mins to Downtown!
No exterior & parking available.
Grades K-3 • 0.4 mi
Grades 4-8 • 0.4 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 900 | - |
| Lot Size | 3,785 | - |
| Price | $279.0K | $495.4K |
| Price per sq ft | $310 | $290 |
| Built year | 1954 | 0 |
| HOA | $0 | $0 |
| Days on market | 76 | 1260 |
May 8, 2026
$279,000
Initial Listing