520 W MCNEIL Street, Phoenix, AZ 85041, Phoenix, 85041 - 5 bed, 3 bath
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Phoenix, AZ 85041
This Dual-Residence Income Property is a strategic acquisition listed at $474,900, compared to a $381,211 Fair Market Value. The valuation reflects the property's unique "house hack" potential, featuring a private 2-bedroom guest house and breathtaking mountain views. Boasting a Condition Rating of 3, the home includes recent interior updates such as large-format tile flooring and modern HVAC systems. Despite lower School District Ratings, the large lot and dual-unit configuration offer significant rental upside. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors seeking a high-utility asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 520 W MCNEIL Street Subject | $474,900* List Price | 5 | 3 | 1,232 | $309 | - |
A 9214 S 1ST Avenue Sold | $387,500 | 4 | 2 | 1,366 | $284 | 0.5 mi |
B 123 W SOUTH MOUNTAIN Avenue Pending | $338,000 List Price | 3 | 2 | 1,036 | $326 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While originally built in 1964, the property shows evidence of significant recent interior renovations, including new large-format tile flooring, updated two-panel interior doors, and fresh paint. The presence of a modern roof-mounted HVAC unit and the addition of a guest house suggest well-maintained systems. It is move-in ready, though it falls short of 'excellent' due to the unlandscaped dirt yard and minor unfinished details like missing electrical outlet covers seen in photos.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9270, living area = 1232.
The inclusion of a private 2-bedroom, 1-bathroom guest house (approx. 875 sq ft) offers exceptional versatility for multigenerational living or as a high-yield rental opportunity.
The property boasts breathtaking mountain views, providing a premium aesthetic and a serene living environment that enhances long-term value.
Constructed in 1964, the home may require significant capital investment for modernizing core systems, energy efficiency, or aesthetic finishes to meet current market standards.
The local public schools carry lower performance ratings (4/10 and 3/10), which may be a deterrent for families prioritizing top-tier educational infrastructure.
Wake up to breathtaking mountain views in this 3-bed,2-bath home with a private 2b/1b guest house! approximately 875 sq ft. Perfect for multigenerational living or generating extra income. Conveniently located near the airport, downtown, shopping, and entertainment--enjoy peaceful living with everything just minutes away. Your perfect blend of comfort and opportunity awaits!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 4.0 | 88% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,232 | 1,760 | 14% |
| Lot Size | 9,270 | 6,600 | 83% |
| Price | $474.9K | $352.0K | 81% |
| Price per sq ft | $385 | $197 | 99% |
| Built year | 1964 | 2004 | 16% |
| HOA | $0 | $65 | 31% |
| Days on market | 39 | 827 | 0% |
Mar 18, 2026
$474,900
Initial Listing