4727 N 50TH Drive, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This Spacious Single Family Residence represents a Strong Value Opportunity, listed at $345,000—positioned slightly above the $337,903 Fair Market Value. While the price reflects current market stability, the property’s Condition Rating of 3 and 1,899 square feet of living space provide a solid foundation for long-term appreciation. Featuring modern wood-look tile flooring and a covered patio, the home is well-positioned for rental demand near Grand Canyon University. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4727 N 50TH Drive Subject | $345,000* List Price | 3 | 2 | 1,899 | $178 | - |
A 5833 W ROSEWOOD Lane Sold | $399,000 | 4 | 2 | 2,042 | $195 | 1.0 mi |
B 5827 W ROSEWOOD Lane Sold | $378,000 | 4 | 2 | 1,692 | $223 | 1.0 mi |
C 4724 W MONTEROSA Street Sold | $335,000 | 3 | 2 | 1,460 | $229 | 0.8 mi |
D 4820 N 57TH Drive Sold | $330,000 | 4 | 2 | 1,704 | $194 | 0.9 mi |
E 4715 N 51ST Avenue Pending | $324,900 List Price | 4 | 3 | 1,828 | $178 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1956, the property has undergone significant cosmetic updates within the last 5-15 years, including modern wood-look tile flooring throughout and fresh interior paint. The kitchen features updated stainless steel appliances, and the home appears well-maintained and move-in ready. Although some elements like the painted cabinetry and window AC unit reflect the home's age, the overall condition is functional and clean.
The property is ideally situated minutes from Grand Canyon University and major transit arteries including the I-10, 202, and I-17, making it a prime candidate for rental demand or commuting professionals.
At nearly 1,900 square feet, this home offers significantly more interior space than typical 3-bedroom residences in the area, featuring separate living and family rooms plus an expansive bonus room.
The inclusion of tile flooring throughout the entire home and easy-to-maintain desert landscaping reduces long-term upkeep costs and provides a clean, modern aesthetic.
Built in 1956, the property may possess aging mechanical, electrical, or plumbing systems that could require modernization or unexpected repairs compared to newer builds.
While the home is in fantastic condition, the mid-century exterior and basic yard layout may lack the contemporary curb appeal desired by some modern retail buyers without further investment.
You do not want to miss out on this fantastic opportunity. This gem of a home has so much to offer. It's in fantastic condition and only minutes from Grand Canyon University, the I-10, 202, and I-17. There is tile flooring throughout making for an elegant look and, of course, easy clean up. Spacious bedrooms. Separate living & family rooms, and an enormous bonus room. Fireplace in the family room. In the backyard there is a covered patio and room to entertain, relax, and play. Easy to maintain landscaping. Great as a starter home or an investment as a rental property. Come see this gem for yourself.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,899 | - |
| Lot Size | 6,795 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $182 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 16 | 1260 |
Jul 7, 2026
$345,000
Initial Listing