5312 W EDGEMONT Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 4 bed, 1 bath
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Phoenix, AZ 85035
This Value-Add Residential Asset is listed at $305,000, representing a stable entry point at its $305,000 Fair Market Value with $0 in Instant Equity. Featuring a versatile four-bedroom layout with a dedicated office, the property offers significant potential for forced appreciation through targeted renovations. While currently holding a Condition Rating of 4 due to deferred maintenance and a dated kitchen, the absence of No HOA Fees and proximity to Maryvale High School enhance its long-term rental appeal. This property is a strategic acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5312 W EDGEMONT Avenue Subject | $303,000* List Price | 4 | 1 | 1,004 | $256 | - |
A 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.1 mi |
B 5159 W VERNON Avenue Sold | $305,000 | 2 | 1 | 1,038 | $294 | 0.4 mi |
C 2047 N 54TH Lane Sold | $338,000 | 3 | 2 | 1,212 | $279 | 0.6 mi |
D 5220 W WINDSOR Avenue Sold | $327,000 | 3 | 2 | 1,202 | $272 | 0.1 mi |
E 5154 W BERKELEY Road Sold | $276,500 | 3 | 2 | 1,052 | $263 | 0.8 mi |
F 2830 N 48TH Lane Active | $309,900 List Price | 4 | 2 | 1,288 | $241 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the property shows significant signs of age and deferred maintenance. While there are some past updates such as tile flooring and stone countertops, the kitchen is in need of repair with missing cabinet doors and dated appliances. The interior walls and fixtures appear worn, and the overall condition requires minor repairs and cosmetic updates to meet modern move-in standards.
The property features a three-bedroom layout plus a dedicated office space, providing excellent versatility for remote work or the potential for a fourth bedroom.
With an association fee of $0, homeowners benefit from lower monthly overhead and the freedom to manage their property without restrictive community covenants.
Priced at $305,000, this home represents a highly accessible entry point into the Phoenix single-family market, making it ideal for first-time buyers or investors.
Having only one bathroom for a home with four potential sleeping/work areas is a significant functional drawback for families and may impact resale value.
At just 1,004 square feet, the interior living space is quite small for the number of rooms provided, likely resulting in cramped bedroom and common area dimensions.
Dont miss out on this opportunity of a 3 bedroom 1 bath home with an additional office room for you to enjoy!
No exterior & parking available.
Grades K-8 • 0.6 mi
Grades K-8 • 0.7 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 63% |
| Baths | 1.0 | 2.0 | 9% |
| Square foot | 1,004 | 1,525.5 | 4% |
| Lot Size | 6,003 | 6,298.5 | 35% |
| Price | $303.0K | $313.3K | 44% |
| Price per sq ft | $302 | $191 | 94% |
| Built year | 1962 | 1975 | 4% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 1060 | 5% |
Apr 20, 2026
$303,000
$304,000
+0% Price Increase
Initial Listing
Apr 16, 2026
$304,000
$305,000
+0% Price Increase
Initial Listing
Jan 13, 2026
$305,000
Initial Listing