5438 W ROANOKE Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 3 bed, 2 bath
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Phoenix, AZ 85035
This property presents a High-Potential Investment Opportunity with a List Price of $349,999—positioned well above the $308,038 Fair Market Value by 13%. While the home requires modernization, its Condition Rating of 4 and 1,204 sq ft layout provide a solid foundation for value-add renovations. The generous 5,976 sq ft lot and lack of HOA fees offer significant flexibility for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic cosmetic updates in a centrally located Phoenix neighborhood.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5438 W ROANOKE Avenue Subject | $344,000* List Price | 3 | 2 | 1,204 | $258 | - |
A 2047 N 54TH Lane Sold | $338,000 | 3 | 2 | 1,212 | $279 | 0.5 mi |
B 5829 W CORONADO Road Sold | $296,000 | 3 | 2 | 1,240 | $239 | 0.9 mi |
C 2323 N 49TH Drive Sold | $330,000 List Price | 3 | 2 | 1,350 | 0.7 mi | |
D 2628 N 61ST Avenue Sold | $385,000 | 4 | 2 | 1,500 | $257 | 0.9 mi |
E 5154 W BERKELEY Road Sold | $276,500 | 3 | 2 | 1,052 | $263 | 0.8 mi |
F 4907 W VERNON Avenue Sold | $335,000 List Price | 4 | 2 | 1,350 | 0.7 mi | |
G 4902 W SHERIDAN Street Sold | $363,000 | 4 | 2 | 1,400 | $259 | 0.7 mi |
H 2116 N 49TH Avenue Active | $335,000 List Price | 3 | 2 | 1,248 | $268 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1962, the home features a kitchen and interior finishes that appear to be 20+ years old. While functional and move-in ready, the laminate countertops, cabinetry, and worn exterior landscaping are dated and require modernization and minor repairs to meet current market standards.
With zero association fees, this property offers homeowners greater financial flexibility and the freedom to customize their home without restrictive community guidelines.
The generous 5,976 sq ft lot features a fully fenced backyard, providing a private and versatile space for gardening, entertaining, or future expansions.
Centrally located in Phoenix, the home offers convenient access to major freeways, local schools, and a variety of shopping and dining options, making it ideal for commuters.
The assigned public schools have lower performance ratings (ranging from 2 to 4), which may be a consideration for families prioritizing high-ranking educational districts.
Built in 1962 and marketed as needing a 'personal touch,' the home likely requires cosmetic updates or system modernizations to meet contemporary standards.
Welcome to this charming 3-bedroom, 2-bath home in the heart of Phoenix! Offering 1,166 sq ft of comfortable living space, this home features a bright and inviting interior ready for your personal touch. Situated on a generous 5,976 sq ft lot, the spacious fenced backyard provides plenty of room for outdoor enjoyment, entertaining, gardening, or future possibilities. Conveniently located near shopping, dining, schools, parks, and freeway access, this property offers comfort, value, and opportunity. Perfect for first-time home buyers or investors looking to add their own style and updates. Don't miss your chance to make this Phoenix home yours!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades K-8 • 0.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,204 | - |
| Lot Size | 5,976 | - |
| Price | $344.0K | $495.4K |
| Price per sq ft | $286 | $290 |
| Built year | 1962 | 0 |
| HOA | $0 | $0 |
| Days on market | 87 | 1260 |
Jun 19, 2026
$344,000
$349,999
-2% Price Drop
Initial Listing
Apr 27, 2026
$349,999
Initial Listing