
Phoenix, AZ 85040
This property presents a High-Potential Investment Opportunity with a List Price of $300,000—positioned well below the $258,266 Fair Market Value by -16%. While the property carries a Poor Condition Rating, the recent capital improvements—including a new roof, A/C, and windows—mitigate major renovation risks. The 4-bedroom layout and No HOA status provide significant flexibility for value-add strategies. This asset is an ideal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking to build equity in a high-demand Phoenix submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4732 E HIDALGO Avenue Subject | $300,000* List Price | 4 | 2 | 1,128 | $229 | - |
A 4316 E GROVE Street Sold | $220,000 | 3 | 2 | 1,040 | $212 | 0.7 mi |
B 5421 S 44TH Place Pending | $257,000 List Price | 3 | 2 | 1,288 | $200 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1971 (53 years old), the property is marketed as an 'Investor Special' requiring rehab. While the HVAC, roof, and windows are recently updated, the overall age and the need for significant interior 'TLC' to the kitchen and baths place it in the poor category based on the age and rehab criteria.
The property features a new roof, new A/C unit, and new windows, which are high-ticket items that significantly reduce immediate maintenance costs and provide long-term value.
Situated just one street from Tempe with no HOA restrictions, the home offers excellent freeway access and flexibility for investors or homeowners seeking to avoid monthly fees.
Marketed as an 'Investor Special,' this 4-bedroom home provides a strong foundation for equity building through cosmetic renovations in a high-demand Phoenix submarket.
The property is noted as needing 'TLC' and is sold as an investor special, implying that additional capital investment will be required to bring the home to modern market standards.
With 4 bedrooms and 2 bathrooms configured within only 1,128 square feet, the individual room sizes and overall layout may feel cramped compared to typical residential standards.
Investor Special with Endless Potential! Don't miss this incredible investment opportunity in a prime location and no HOA. This home is ready for your personal touch and offers endless possibilities for investors, flippers, or buyers looking to build equity. While it needs a little TLC, many of the major updates have already been completed, including a new roof, new A/C unit, and new windows. Situated just a street away from Tempe, this home offers unbeatable convenience with easy access to all major freeways, shopping centers, dining, and entertainment. The spacious backyard features a large covered patio, perfect for outdoor living and entertaining, along with a covered carport for added convenience. Best of all, all appliances are included, making this an even greater value
No exterior & parking available.
Grades PK-5 • 2.3 mi
Grades K-5 • 2.5 mi
Grades 6-8 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,128 | - |
| Lot Size | 6,273 | - |
| Price | $300.0K | $495.4K |
| Price per sq ft | $266 | $290 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 6 | 1260 |
Jul 17, 2026
$300,000
Initial Listing