5613 S 42ND Street, Phoenix, AZ 85040, Phoenix, 85040 - 2 bed, 2 bath
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Phoenix, AZ 85040
This Detached Single-Family Home is a strategic acquisition with a List Price of $340,000—positioned well below the $344,740 Fair Market Value by 1%. This pricing provides $4,740 in Instant Equity. Currently holding a Fair Condition Rating, the interior features original 1990s finishes, offering clear potential for forced appreciation through cosmetic updates. Key assets include a 2-car garage, private patio, and community pool. Served by Scales Technology Academy and Tempe High, it is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5613 S 42ND Street Subject | $340,000* List Price | 2 | 2 | 1,108 | $311 | - |
A 4175 E Pecan Road Active | $345,900 List Price | 2 | 2 | 1,076 | $321 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1994, this 30-year-old home appears well-maintained but features largely original or dated components. The kitchen retains 1990s-style oak cabinetry, laminate countertops, and older black appliances. While the property is functional and move-in ready, it lacks recent major renovations to its primary systems and aesthetic finishes, placing it squarely in the 'fair' category based on age and lack of significant updates.
The property includes access to a community pool, providing a vital recreational feature for the Phoenix climate while keeping individual maintenance costs low.
The inclusion of a 2-car garage is a significant asset for a 1,108 sq. ft. home, offering secure vehicle storage and additional space for belongings.
As a detached single-family residence rather than a townhome, this property offers superior privacy and independence for buyers at an accessible price point.
With only two bedrooms and just over 1,100 square feet, the home's footprint may be too restrictive for larger families or those requiring a dedicated home office.
The assigned middle and high schools have lower performance ratings (3/10), which could be a drawback for families and potentially impact long-term resale value.
Welcome to 5613 S 42nd St in Phoenix, AZ! This charming single-family detached home, offers 1,108 sq. ft. of comfortable living space. Featuring 2 bedrooms, 2 bathrooms, and an inviting layout, it's perfect for cozy living. Enjoy the convenience of a 2-car garage and a community pool for those hot Arizona days. Whether you're a first-time homebuyer or looking to downsize, 5613 S 42nd St offers an outstanding opportunity to own a beautiful home in Phoenix. Don't miss out on this fantastic property and make this house your new home!
No exterior & parking available.
Grades K-5 • 2.8 mi
Grades 6-8 • 2.5 mi
Grades 9-12 • 3.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 14% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,108 | 1,454 | 16% |
| Lot Size | 3,711 | 6,003 | 18% |
| Price | $340.0K | $328.8K | 57% |
| Price per sq ft | $307 | $222 | 91% |
| Built year | 1994 | 2003 | 44% |
| HOA | $89 | $0 | 66% |
| Days on market | 76 | 978 | 3% |
Feb 9, 2026
$340,000
Initial Listing