
Phoenix, AZ 85035
This property presents a High-Potential Investment Opportunity with a List Price of $299,000—positioned well below the $279,764 Fair Market Value by -6%. Featuring a 4-bedroom, 2-bath layout with a spacious bonus room and covered patio, the home requires a full rehab due to its Fair Condition Rating. While the local school district ratings are modest, the lack of an HOA and the functional open floor plan provide a solid foundation for value-add renovations. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with significant upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5807 W CAMBRIDGE Avenue Subject | $299,000* List Price | 4 | 2 | 1,788 | $156 | - |
A 5231 W CAMBRIDGE Avenue Sold | $260,000 | 3 | 2 | 1,464 | $178 | 0.7 mi |
B 5201 W Cypress Street Sold | $285,000 List Price | 4 | 2 | 1,912 | 0.8 mi | |
C 6213 W PALM Lane Sold | $241,000 | 4 | 2 | 1,580 | $153 | 0.8 mi |
D 5150 W HUBBELL Street Sold | $320,000 List Price | 4 | 2 | 1,769 | 0.9 mi | |
E 2102 N 50TH Lane Sold | $310,000 | 4 | 2 | 1,447 | $214 | 1.0 mi |
F 6213 W PALM Lane Sold | $241,000 | 4 | 2 | 1,925 | $125 | 0.8 mi |
G 5612 W WILSHIRE Drive Active | $375,000 List Price | 5 | 2 | 2,006 | $187 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1970 with no evidence of recent major renovations. The interior shows significant wear including heavily stained and damaged carpeting, visible wall defects, and dated kitchen cabinetry/appliances. The presence of exposed wiring and the overall state of neglect indicate the property requires a full rehab to be move-in ready.
Priced competitively at $299,000 for a 4-bedroom residence with no association fees, this property offers significant affordability and lower monthly carrying costs for homeowners or investors.
The home features a large primary suite with a sitting area and a spacious bonus room with a fireplace, providing rare functional flexibility for a family room, home office, or hobby space.
The seamless flow between the kitchen and living areas, paired with durable tile flooring and ample natural light, creates a modern feel and a solid foundation for immediate occupancy.
Marketed as having 'endless potential' and being 'ready to be transformed,' the property likely requires additional capital investment for cosmetic updates and modernizing finishes.
The assigned public schools currently hold lower performance ratings (ranging from 2 to 4), which may be a drawback for education-focused families and could impact long-term resale velocity.
Fantastic opportunity to own this single-level home in Phoenix! Displaying a 2-car garage, front porch, & front yard w/mature tree. Discover a seamlessly flowing open layout paired with tons of natural light and tile flooring. The kitchen boasts built-in appliances, recessed lighting, and ample wood cabinets w/crown molding. The large main bedroom has a sitting area and a private bathroom. PLUS! The spacious bonus room, with a fireplace & sliding doors to the back, can be your family room or hobby space. The backyard offers a covered patio and so many possibilities. Great bones and endless potential make this property a standout opportunity! This home is ready to be transformed into something truly special. Don't miss it!
No exterior & parking available.
Grades K-8 • 0.2 mi
Grades K-8 • 0.5 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,788 | 1,850.5 |
| Lot Size | 6,399 | 7,313 |
| Price | $299.0K | $481.7K |
| Price per sq ft | $167 | $289 |
| Built year | 1970 | 1987 |
| HOA | $0 | $175 |
| Days on market | 22 | 757 |
Jul 26, 2026
$299,000
Initial Listing