
Phoenix, AZ 85015
This Dual-Residence Income Property is listed at $685,000, representing a stable acquisition at its $685,000 Fair Market Value. The property features a modern 2019-built primary home with granite countertops, mountain views, and a Good Condition Rating, paired with a detached 1946 guest house. Located near R E Simpson School in Central Phoenix, the dual-unit configuration offers significant rental upside or multi-generational flexibility despite needing minor TLC. This versatile asset is an ideal match for Owner-Occupants looking to house-hack or Multi-Generational Families seeking independent living spaces.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5338 N 21ST Avenue Subject | $685,000* List Price | 7 | 6 | 3,071 | $223 | - |
A 1514 W BETHANY HOME Road Active | $890,000 List Price | 7 | 4 | 3,097 | $287 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The primary residence is a modern 2019 build featuring contemporary finishes such as granite countertops, shaker-style cabinetry, and a mix of tile and wood-look flooring. While the listing notes the property 'needs TLC' and includes a much older 1946 guest house, the main home's recent construction, functional systems, and overall move-in ready appearance in photos justify a 'Good' rating.
The property features two separate residences on a single lot, including a modern main home and a detached guest house, providing excellent opportunities for rental income or multi-generational living.
Built in 2019, the primary residence offers a contemporary open-concept layout with premium finishes like granite countertops, wood flooring, and multiple en-suite bathrooms.
The main home includes two private balconies that offer beautiful mountain views, adding a premium aesthetic element and outdoor relaxation space.
The listing explicitly states the property 'needs TLC,' indicating that immediate investment in repairs or cosmetic updates will be required by the buyer.
The assigned public schools for this address have low performance ratings, which may limit the property's appeal to families prioritizing educational proximity.
This unique Central Phoenix property features two full residences on one lot, offering flexibility and income potential. Needs TLC. The main home, built in 2019, showcases 4 bedrooms, 4.5 bathrooms, and a den, with an open-concept layout that flows beautifully from the spacious great room to the modern kitchen. You'll love the granite countertops, updated cabinetry, tile and wood flooring throughout, and the two balconies with mountain views perfect for relaxing mornings or evening sunsets. Two of the bedrooms have en-suite bathrooms. In the rear of the property, the detached 3-bedroom, 1-bath guest house, originally built in 1946, retains its original charm while providing a great opportunity for extended family, guests, or rental income
No exterior & parking available.
Grades K-3 • 0.7 mi
Grades 4-8 • 0.3 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 7.0 | 3.0 | 99% |
| Baths | 6.0 | 2.0 | 99% |
| Square foot | 3,071 | 1,474.5 | 98% |
| Lot Size | 8,663 | 7,693 | 74% |
| Price | $685.0K | $370.0K | 95% |
| Price per sq ft | $223 | $263 | 36% |
| Built year | 2019 | 1951 | 96% |
| HOA | $0 | $0 | 50% |
| Days on market | 146 | 994 | 15% |
Dec 1, 2025
$685,000
Initial Listing