4237 N 34TH Place, Phoenix, AZ 85018, Phoenix, 85018 - 3 bed, 4 bath
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Phoenix, AZ 85018
This Arcadia Redevelopment Asset is listed at $758,000, representing a location-driven premium over the $669,694 Fair Market Value. With a Condition Rating of 5, this property is a pure Value-Add Opportunity centered on its 6,487 Sq. Ft. Lot and prime subdivision placement. Surrounded by luxury redevelopment and served by the 6-rated Biltmore Preparatory Academy, the site offers substantial ROI potential through a complete overhaul or new construction. This is a strategic acquisition for Fix-and-Flip Investors or Custom Home Builders looking to capitalize on the 85018 corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4237 N 34TH Place Subject | $758,000* List Price | 3 | 4 | 1,634 | $410 | - |
A 4507 N 38TH Street Sold | $765,000 | 4 | 3 | 2,099 | $364 | 0.6 mi |
B 4136 E MONTECITO Avenue Pending | $715,000 List Price | 4 | 3 | 1,485 | $481 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly marketed as a tear-down or major remodel opportunity. Built in 1953, it features aged infrastructure and highly dated interior finishes, such as heavy multi-colored slate tiling in the living areas and bathrooms. While the structure is currently standing and potentially livable for a buyer willing to renovate over time, it requires substantial rehabilitation and system updates to meet modern standards.
Situated in a highly sought-after pocket of Phoenix, the property offers unbeatable proximity to Arcadia's premier dining and entertainment while being tucked into a quiet, charming neighborhood.
The property presents multiple exit strategies, including a full remodel, expansion, or new construction, making it an ideal opportunity for builders and investors in a high-demand redevelopment zone.
Located on a picturesque, palm-lined street and surrounded by high-end luxury homes, the property benefits from a premium aesthetic that supports strong future resale value.
Marketed as a tear-down or major remodel opportunity, the property will require substantial additional capital investment to reach its full market potential or modern living standards.
Built in 1953, the existing structure likely features dated systems and a layout that may not meet the expectations of modern luxury buyers without a complete overhaul.
Prime Arcadia Tear-Down / Remodel Opportunity Palm-lined street, unbeatable location, and surrounded by high-end redevelopment--this is the kind of lot builders wait for. Walk or bike to Arcadia's best restaurants and hotspots while being tucked into a quiet, charming neighborhood. Remodel, expand, or build new--multiple exit strategies in a high-demand pocket.the home could also be an entry to Arcadia for the right Buyer and remodeled over time...
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 36% |
| Baths | 4.0 | 3.0 | 63% |
| Square foot | 1,634 | 2,705 | 13% |
| Lot Size | 6,487 | 9,936 | 12% |
| Price | $758.0K | $1.15M | 40% |
| Price per sq ft | $464 | $471 | 49% |
| Built year | 1953 | 1961 | 13% |
| HOA | $0 | $0 | 50% |
| Days on market | 36 | 1537 | 0% |
Mar 21, 2026
$758,000
Initial Listing