5231 W CAMBRIDGE Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85035
This Value-Add Residential Asset is listed at $249,900, matching its current $249,900 Fair Market Value. Although the property features a Modernized Kitchen with upgraded countertops and a center island, it carries a Condition Score of 5 and requires substantial rehabilitation to address damaged flooring and unfinished walls. The spacious 1,464 SqFt Layout and 6,003 SqFt Lot provide a solid foundation for forced appreciation in a high-demand Phoenix zip code. This property represents a strategic entry point for Fix-and-Flip Investors or Contractors seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5231 W CAMBRIDGE Avenue Subject | $249,900* List Price | 3 | 2 | 1,464 | $171 | - |
A 5442 W Edgemont Avenue Sold | $248,500 | 4 | 2 | 1,303 | $191 | 0.3 mi |
B 5150 W HUBBELL Street Sold | $320,000 List Price | 4 | 2 | 1,769 | 0.5 mi | |
C 2223 N 47TH Avenue Sold | $259,100 | 3 | 2 | 1,421 | $182 | 0.9 mi |
D 5457 W Cambridge Ave Avenue Sold | $316,000 | 3 | 1 | 1,844 | $171 | 0.3 mi |
E 1632 N 55TH Drive Sold | $275,000 | 4 | 2 | 1,496 | $184 | 0.8 mi |
F 5201 W Cypress Street Sold | $285,000 List Price | 4 | 2 | 1,912 | 0.3 mi | |
G 4823 W PALM Lane Active | $310,000 List Price | 4 | 2 | 1,452 | $213 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the kitchen has been updated with modern countertops and a tile backsplash, the overall property requires substantial rehabilitation. Photographic evidence shows missing or severely damaged flooring in multiple rooms, unfinished walls, and a boarded-up window, indicating the home is not in move-in condition and has significant deferred maintenance.
The kitchen has been significantly upgraded with a center island, premium countertops, and a tile backsplash, providing a contemporary and functional heart to the home.
Featuring a neutral color palette, tile flooring throughout, and updated bathroom vanities, the interior is move-in ready and appeals to a wide range of aesthetic preferences.
With 1,464 square feet of living space, adaptable rooms, and an attached garage, the property offers a versatile floor plan that accommodates various lifestyle needs.
Built in 1962, the property may have older underlying systems that could require more frequent maintenance or future capital improvements compared to newer constructions.
The local assigned schools currently hold low performance ratings (2-4 range), which may impact the property's appeal to families and long-term resale value.
This home features a neutral interior color scheme and numerous upgrades. The kitchen includes a center island, upgraded countertops, tile backsplash, and updated finishes. Multiple rooms offer adaptable space for various uses. The primary bathroom includes updated vanities and under-sink storage, with tile flooring and ceiling fans throughout. Additional features include a covered front porch and attached garage.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 0.7 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,464 | 1,525.5 | 38% |
| Lot Size | 6,003 | 6,298.5 | 35% |
| Price | $249.9K | $313.3K | 32% |
| Price per sq ft | $171 | $190 | 38% |
| Built year | 1962 | 1975 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 186 | 1060 | 19% |
Oct 22, 2025
$249,900
Initial Listing