5426 S 7TH Street, Phoenix, AZ 85040, Phoenix, 85040 - 7 bed, 4 bath
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Phoenix, AZ 85040
Analysis of 5426 S 7TH Street, Phoenix, AZ 85040 is currently available with a list price of $749,990. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1943, the property has received some updates including a kitchen with butcher block countertops and newer laminate flooring. However, the home remains dated with open closet concepts and older fixtures. While functional and move-in ready, the age of the primary structure and the guest house suggests a need for minor repairs and further modernization of systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 38332, living area = 4669.
The property features a 4-bedroom main house plus a separate 3-bedroom guest house, offering exceptional versatility for multi-generational families or significant rental income opportunities.
Situated on nearly an acre with horse zoning and irrigation rights, this rare find provides a rural lifestyle with ample space for animals, workshops, and outdoor hobbies within Phoenix.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 4669, other record living area = 2284.
The local elementary school carries a rating of 1 out of 10, which may be a significant drawback for families prioritizing high-performing public education.
Originally built in 1943, the aging infrastructure may require more frequent maintenance or further capital improvements compared to modern residential builds.
2 homes sit on nearly an acre, the main house offers a 4-bedroom, 2-bath, the guest house offers 3-bedroom, 2-bath guest house. The main residence features an updated kitchen with butcher block countertops and a gas range, formal dining room, cozy living room with gas fireplace, and a spacious great room overlooking the irrigated backyard. Two bedrooms are downstairs, with the primary suite and an additional bedroom upstairs. A detached 2-car garage is perfect for a workshop, hobbies, or storage. Zoned for horses with irrigation rights, many fruits trees and excellent rental income potential. A rare opportunity with endless possibilities! Property is zone for R4
No exterior & parking available.
Grades K-3 • 1.0 mi
Grades 4-8 • 1.1 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 0.0 |
| Baths | 4.0 | 0.0 |
| Square foot | 4,669 | - |
| Lot Size | 38,332 | - |
| Price | $750.0K | $495.4K |
| Price per sq ft | $161 | $290 |
| Built year | 1943 | 0 |
| HOA | $0 | $0 |
| Days on market | 35 | 1260 |
Jun 18, 2026
$749,990
Initial Listing