5510 S 13TH Way, Phoenix, AZ 85040, Phoenix, 85040 - 2 bed, 1 bath
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Phoenix, AZ 85040
This Move-In Ready Single Family Residence is a High-Potential Investment Opportunity, listed at $245,000—positioned above the $209,478 Fair Market Value. While priced at a premium, the property features a Good Condition Rating with significant Major System Updates, including a newer roof, HVAC, and water heater. The Oversized 7,319 sqft Lot provides rare outdoor utility, balancing the home's compact 804 sqft footprint. This turnkey asset minimizes immediate capital expenditures, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-maintenance, well-maintained home.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5510 S 13TH Way Subject | $245,000* List Price | 2 | 1 | 804 | $261 | - |
A 5011 S 20TH Place Active | $299,999 List Price | 3 | 2 | 957 | $313 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the home was built in 1960, it is classified as Good due to significant recent updates to major systems including a newer roof, HVAC, and water heater. The property is described as move-in ready and well-maintained, featuring a newly installed privacy fence and clean exterior, suggesting it has been updated within the 5-15 year window required for this rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7319, living area = 804.
The property features a newer roof, HVAC system, and water heater, significantly reducing the risk of immediate capital expenditures and providing long-term peace of mind for the buyer.
Situated on a quiet cul-de-sac, the oversized 7,319 sqft lot includes a newly installed wood privacy fence, offering rare outdoor space and privacy for a home at this price point.
At only 804 square feet with a 2-bedroom configuration, the home's small footprint may limit its appeal to larger families or those requiring a dedicated home office.
The 1-bathroom layout can be a significant inconvenience for multi-person households and may impact the property's competitive edge against homes with a second bath or powder room.
Charming and move in ready with a spacious backyard you'll love. Tucked away on a quiet cul-de-sac, this well maintained home offers a comfortable layout, nicely sized bedrooms, and a clean, inviting feel throughout. All appliances are included, making your move even easier. Step outside to enjoy the oversized backyard with a newly installed wood privacy fence, offering endless possibilities for entertaining, pets, gardening, or simply relaxing. Major updates include a newer roof, HVAC system, and water heater for added peace of mind. Conveniently located near schools, shopping, dining, and freeway access.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 804 | - |
| Lot Size | 7,319 | - |
| Price | $245.0K | $495.4K |
| Price per sq ft | $305 | $290 |
| Built year | 1960 | 0 |
| HOA | $0 | $0 |
| Days on market | 37 | 1260 |
Jun 16, 2026
$245,000
Initial Listing