
Phoenix, AZ 85041
This 3-bedroom, 2-bathroom single-story residence represents a Strong Value Opportunity, listed at $355,000—positioned slightly above the $343,235 Fair Market Value. While the property carries a Fair Condition Rating due to its 2003 build date, it features modern upgrades including Granite Kitchen & Bath Countertops and Stainless Steel Appliances. Currently tenant-occupied, this asset provides immediate rental income potential. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, low-maintenance home in South Central Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5227 S 10TH Avenue Subject | $355,000* List Price | 3 | 2 | 1,331 | $258 | - |
A 1608 W CHANUTE Pass Sold | $365,000 | 3 | 2 | 1,371 | $266 | 0.5 mi |
B 1520 W NANCY Lane Sold | $335,000 | 3 | 2 | 1,298 | $258 | 0.7 mi |
C 5621 S 5TH Drive Sold | $338,600 | 3 | 2 | 1,228 | $276 | 0.4 mi |
D 1611 W La Salle Street Sold | $370,000 | 3 | 2 | 1,343 | $276 | 0.5 mi |
E 6216 S 16TH Lane Sold | $357,500 | 3 | 2 | 1,298 | $275 | 0.8 mi |
F 5811 S 16TH Drive Sold | $378,000 | 3 | 2 | 1,520 | $249 | 0.6 mi |
G 5610 S 5TH Drive Active | $345,000 List Price | 3 | 2 | 1,443 | $239 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is 23 years old, placing it in the Fair category. While it features granite countertops and stainless steel fixtures, the overall age suggests original systems (HVAC/Electric) and dated finishes that will likely require minor repairs or modern updates.
The property features high-quality granite countertops in both the kitchen and bathrooms, complemented by stainless steel appliances and durable tile flooring throughout the living areas.
Currently tenant-occupied and located in the heart of South Central Phoenix, this home offers immediate income potential for investors or a move-in ready option for first-time buyers.
Built in 2003, the single-level floor plan provides excellent accessibility and ease of maintenance, appealing to a wide range of buyers from downsizers to young families.
The presence of existing tenants may complicate showing schedules and delay immediate possession for owner-occupants depending on lease terms.
The assigned public schools carry lower performance ratings (3 and 4), which may be a concern for families prioritizing educational district quality.
Welcome Home 3-bedroom, 2-bathroom single-story home located in the Heart of South Central Phoenix! Nice living room and great room tile thru all the living areas, Refrigerator, dishwasher, range, microwave, SS sink & faucet, granite countertops in Kitchen & Baths. Whether you're a first-time homebuyer, downsizing, or looking to add to your investment portfolio, this property is one you won't want to miss! **Tenants**
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,331 | - |
| Lot Size | 4,950 | - |
| Price | $355.0K | $495.4K |
| Price per sq ft | $267 | $290 |
| Built year | 2003 | 0 |
| HOA | $50 | $0 |
| Days on market | 3 | 1260 |
Jul 24, 2026
$355,000
Initial Listing