5501 W CAMPBELL Avenue, Phoenix, AZ 85031, Phoenix, 85031 - 4 bed, 3 bath
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Phoenix, AZ 85031
This Versatile Single-Family Residence is a Strong Value Opportunity, listed at $345,000—positioned slightly above the $343,506 Fair Market Value. While priced at market, the property offers significant utility through its attached studio apartment, providing a clear path for rental income or multi-generational living. Featuring a Fair Condition Rating, the home includes a private pool, RV gate, and a large 10,563 sqft lot. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a flexible asset with immediate income potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5501 W CAMPBELL Avenue Subject | $345,000* List Price | 4 | 3 | 1,563 | $220 | - |
A 5858 W MINNEZONA Avenue Sold | $300,000 | 4 | 2 | 1,692 | $177 | 0.5 mi |
B 4202 N 58TH Avenue Sold | $338,000 | 4 | 2 | 1,585 | $213 | 0.5 mi |
C 4820 N 57TH Drive Sold | $330,000 | 4 | 2 | 1,704 | $194 | 0.6 mi |
D 4202 N 58TH Avenue Sold | $338,000 | 3 | 2 | 1,585 | $213 | 0.5 mi |
E 5616 W INDIAN SCHOOL Road Sold | $327,000 | 3 | 2 | 1,530 | $214 | 0.5 mi |
F 4508 N 57TH Drive Pending | $385,000 List Price | 4 | 2 | 1,692 | $228 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1957 and, while it features 'upgraded' kitchen and bathrooms, the style of the tile and finishes suggests the renovations are likely 15-25 years old. The home is functional but dated, with visible wear on the bathroom vanity and a backyard that requires significant landscaping and maintenance.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10563, living area = 1563.
The property features an attached studio apartment with a private entrance, providing a versatile space for rental income, a home office, or a guest suite.
Situated on a spacious corner lot, the home includes a private swimming pool, an RV gate, and dedicated RV parking, which are highly sought-after features in the Phoenix market.
Built in 1957, the home may have aging infrastructure or systems that require more frequent maintenance compared to newer constructions.
With 4 bedrooms and 3 bathrooms packed into 1,563 square feet, the individual room sizes and common living areas may feel somewhat compact.
Beautiful property featuring a versatile floor plan with 4 bedrooms and 3 bathrooms, including an attached studio apartment with private entrance -- perfect for a mother-in-law suite, guest quarters, home office, or possible rental income opportunity. Situated on a desirable corner lot, this home offers RV gate access and dedicated RV parking, along with a sparkling private pool and plenty of outdoor space for entertaining. Inside, you'll find upgraded kitchen cabinets, stylish tile backsplash, and tile flooring throughout the home for a clean, modern look and easy maintenance. The bathrooms feature numerous tile upgrades that add both style and durability. This unique property combines flexibility, function, and upgraded finishes -- ideal for multi-generational living, hosting guests or creating additional income.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,563 | - |
| Lot Size | 10,563 | - |
| Price | $345.0K | $495.4K |
| Price per sq ft | $221 | $290 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 66 | 1260 |
May 18, 2026
$345,000
Initial Listing