5031 S 36TH Drive, Phoenix, AZ 85041, Phoenix, 85041 - 3 bed, 1 bath
Loading property details...
Phoenix, AZ 85041
Analysis of 5031 S 36TH Drive, Phoenix, AZ 85041 is currently available with a list price of $185,000. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. 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 land value only, full reconstruction required.
The property was built in 1963 (61 years old) and is currently in a completely gutted, unlivable state. With no functioning kitchen, bathrooms, or finished interior systems, and exceeding the 50-year age threshold without renovation, it meets the criteria for land value/tear-down status.
Middle School: Vista Del Sur Traditional School (10/10).
Listed at $185,000, this property represents a significant value-add opportunity or an affordable entry point into the Phoenix market, well below the regional median price.
With an association fee of $0, owners enjoy lower monthly carrying costs and the freedom from restrictive community bylaws, making it ideal for investors or those with specific property needs.
As a bank-owned REO property, it is likely sold in as-is condition without standard seller disclosures, which may necessitate a larger budget for unforeseen repairs or renovations.
The 3-bedroom, 1-bathroom configuration is less desirable for modern family living and may limit the potential rental yield or resale value compared to homes with multiple bathrooms.
Bank Owned REO. Send Highest and Best Offer
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades K-8 • 2.0 mi
Grades 9-12 • 3.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,039 | - |
| Lot Size | 6,656 | - |
| Price | $185.0K | $495.4K |
| Price per sq ft | $178 | $290 |
| Built year | 1963 | 0 |
| HOA | $0 | $0 |
| Days on market | 69 | 1260 |
May 15, 2026
$185,000
Initial Listing