429 N 20TH Avenue, Phoenix, AZ 85009, Phoenix, 85009 - 3 bed, 1 bath
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Phoenix, AZ 85009
This property presents a Strong Value Opportunity with a List Price of $250,000—positioned well below the $228,265 Fair Market Value by -9%. While the home has a Fair Condition Rating, the RV gate and 6,013 sqft lot provide significant utility for a property at this price point. The interior offers a functional, move-in ready layout, though it requires modernization to maximize long-term appreciation. This is a strategic acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a centrally located, high-potential asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 429 N 20TH Avenue Subject | $250,000* List Price | 3 | 1 | 873 | $261 | - |
A 2502 W JEFFERSON Street Sold | $230,000 | 2 | 1 | 904 | $254 | 0.8 mi |
B 1941 W SHERMAN Street Active Under Contract | $175,000 List Price | 1 | 1 | 846 | $207 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1933, the property is described as 'freshly updated,' but this appears limited to cosmetic paint and stone countertops. The kitchen cabinetry, layout, and white appliances are dated (likely 20+ years old), and the laminate flooring shows significant wear/scratches in bedrooms. While functional and move-in ready, the age of the structure and dated systems place it in the fair category needing further modernization.
Situated just minutes from Downtown Phoenix and Sky Harbor Airport, this property offers exceptional convenience for commuters and easy access to major freeways and urban amenities.
The home features a freshly painted interior and recent updates, providing a clean, inviting atmosphere that appeals to both first-time buyers and investors looking for a turnkey option.
The inclusion of an RV gate and additional space for parking or storage on a 6,013 sqft lot adds significant utility and value rarely found at this price point.
With only 873 square feet allocated for a three-bedroom layout, the interior living areas and bedrooms may feel constrained for larger households.
The property features only one bathroom for three bedrooms, which can be a significant inconvenience for residents and may limit the property's competitive edge in the rental or resale market.
Freshly updated 3-bedroom, 1-bath home conveniently located in the heart of Phoenix. The interior has been freshly painted, creating a clean and inviting living space. The property features an RV gate with additional space for parking, storage, or outdoor enjoyment. Enjoy easy access to Downtown Phoenix, located just minutes away, along with Phoenix Sky Harbor International Airport, shopping, dining, entertainment, and major freeways. Whether you're a first-time homebuyer or an investor looking for a centrally located property, this home offers outstanding potential and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 873 | - |
| Lot Size | 6,013 | - |
| Price | $250.0K | $495.4K |
| Price per sq ft | $286 | $290 |
| Built year | 1933 | 0 |
| HOA | $0 | $0 |
| Days on market | 56 | 1260 |
May 27, 2026
$250,000
Initial Listing