5832 S 45TH Street, Phoenix, AZ 85040, Phoenix, 85040 - 3 bed, 2 bath
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Phoenix, AZ 85040
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $429,900—positioned well below the $489,172 Fair Market Value by 12%. This valuation gap provides $59,272 in Instant Equity. Featuring a Fair Condition Rating (4/10), the home offers a sparkling pool, mountain views, and a large lot with no HOA restrictions. While the 1976 infrastructure suggests a need for modernization, the location near major employment hubs ensures strong demand. This property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5832 S 45TH Street Subject | $429,900* List Price | 3 | 2 | 1,619 | $302 | - |
A 5415 S 44TH Place Sold | $350,000 | 4 | 2 | 1,288 | $272 | 0.3 mi |
B 5657 S 46TH Street Sold | $328,750 | 2 | 2 | 1,017 | $323 | 0.1 mi |
C 5657 S 46TH Street Sold | $328,750 | 2 | 1 | 1,017 | $323 | 0.1 mi |
D 4415 E CHAMBERS Street Pending | $370,000 List Price | 3 | 2 | 1,416 | $261 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1976, this property is well-maintained but dated. While the description notes recent paint, the interior features popcorn ceilings and a kitchen with older cabinetry and white appliances. The bathrooms show partial updates that appear to be 15-25 years old. It is functional and move-in ready, but the age of the systems and finishes suggests a need for modern updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7135, living area = 1619.
The property features a sparkling pool, mountain views, and no rear neighbors, providing a rare level of privacy and entertainment value in a central location.
Ideally situated near Phoenix Sky Harbor Airport, Downtown Phoenix, and Tempe, offering exceptional convenience for commuters and easy access to major employment hubs.
Close proximity to Phoenix Sky Harbor International Airport may result in consistent aircraft noise, which could affect the quiet enjoyment of the outdoor living areas.
Originally built in 1976, the home may require more frequent maintenance or future capital improvements to major systems compared to newer construction in the area.
Move-in ready 3 bedroom, 2 bathroom home full of character inside and out! Recently painted with a neutral color palette, this home features vaulted ceilings in the living room, abundant natural light, and a large walk-in closet in the primary bedroom. The functional floor plan offers comfortable living spaces with plenty of charm. Just off the kitchen, a flexible bonus space works perfectly as a breakfast nook, desk area, or small workspace. A gated front fence adds privacy and curb appeal, while the backyard is designed for entertaining with a sparkling pool, outdoor living space, and no rear neighbors for added privacy. Located in a no HOA community near Phoenix Sky Harbor International Airport, Downtown Phoenix, Tempe, and Scottsdale, this home offers comfort and convenience.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,619 | 1,448.5 | 65% |
| Lot Size | 7,135 | 5,964 | 79% |
| Price | $429.9K | $309.5K | 89% |
| Price per sq ft | $266 | $220 | 72% |
| Built year | 1976 | 2004 | 41% |
| HOA | $0 | $22 | 50% |
| Days on market | 10 | 1221 | 1% |
May 27, 2026
$429,900
Initial Listing