4610 S 8TH Place, Phoenix, AZ 85040, Phoenix, 85040 - 1 bed, 1 bath
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Phoenix, AZ 85040
Analysis of 4610 S 8TH Place, Phoenix, AZ 85040 is currently available with a list price of $165,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 extensive renovation needed.
Built in 1971, this property is in need of a total rehabilitation and is marketed as an investor opportunity. Interior photos reveal bare concrete floors with removed carpeting, an original and outdated kitchen with aging cabinetry, and a bathroom requiring a full remodel. The presence of debris and rolled-up carpet in the yard, along with the overall state of the interior systems and finishes, indicates the home requires significant capital expenditure to meet modern living standards.
Priced at $165,000, this property offers a highly accessible entry point into the Phoenix market, making it an ideal candidate for a rental portfolio or a fix-and-flip project.
The 6,425 sqft lot is substantial for a home of this size, providing ample space for future expansion, outdoor improvements, or the addition of an accessory dwelling unit.
The absence of a homeowners association reduces monthly carrying costs and allows for greater flexibility in property management and aesthetic modifications.
With only 609 square feet and a single bedroom, the property has a very niche appeal and may struggle to attract larger tenant pools or families.
Marketed specifically as an investor opportunity and built in 1971, the home likely requires significant capital expenditure to modernize the interior and systems.
Great investor opportunity on this Home. 1 bedroom 1 bath Home sits on a spacious lot with charming front porch/patio and fenced yard. Excellent investment potential.
No exterior & parking available.
Grades K-8 • 0.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 3.0 | 1% |
| Baths | 1.0 | 2.0 | 12% |
| Square foot | 609 | 1,454 | 1% |
| Lot Size | 6,425 | 6,003 | 62% |
| Price | $165.0K | $325.0K | 30% |
| Price per sq ft | $271 | $222 | 82% |
| Built year | 1971 | 2003 | 39% |
| HOA | $0 | $0 | 50% |
| Days on market | 26 | 977 | 1% |
Mar 30, 2026
$165,000
Initial Listing