5838 W TURNEY Avenue, Phoenix, AZ 85031, Phoenix, 85031 - 5 bed, 3 bath
Loading property details...
Phoenix, AZ 85031
This 5-bedroom Single Family Residence represents a High-Potential Investment Opportunity, listed at a List Price of $430,000—positioned above the $393,201 Fair Market Value. While priced at a premium, the property features a side studio with a private entrance, offering significant income potential. With a Condition Rating of 2 due to recent comprehensive renovations, the home is move-in ready. This asset is ideal for Buy-and-Hold Investors seeking rental yields or Owner-Occupants looking to offset mortgage costs through house-hacking.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5838 W TURNEY Avenue Subject | $399,000* List Price | 5 | 3 | 1,485 | $253 | - |
A 5833 W ROSEWOOD Lane Sold | $399,000 | 4 | 2 | 2,042 | $195 | 0.2 mi |
B 5647 W ROMA Avenue Pending | $349,990 List Price | 3 | 2 | 1,495 | $234 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1956, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with new shaker cabinets, stone countertops, updated tile flooring throughout, and fresh interior/exterior paint.
The property features a side studio with its own private entrance, providing an excellent opportunity for rental income or a separate multi-generational living space.
The home has undergone significant recent renovations, offering a modern aesthetic and reducing the immediate need for buyer repairs or capital improvements.
With five bedrooms, this residence offers a rare high-density configuration for its size, making it highly attractive for large families or investors seeking high rental yields.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 4.
Fitting five bedrooms and three bathrooms into 1,485 square feet suggests that individual room sizes are likely small, which may feel cramped for some residents.
Built in 1956, the property may possess aging core systems such as plumbing or electrical that might require more maintenance than a newer construction despite cosmetic upgrades.
Beautiful corner home with lots of new upgrades. Side studio, own entrance.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,485 | - |
| Lot Size | 6,583 | - |
| Price | $399.0K | $495.4K |
| Price per sq ft | $269 | $290 |
| Built year | 1956 | 0 |
| HOA | $0 | $0 |
| Days on market | 73 | 1260 |
Jun 30, 2026
$399,000
$429,000
-7% Price Drop
Initial Listing
Jun 11, 2026
$429,000
$430,000
+0% Price Increase
Initial Listing
May 11, 2026
$430,000
Initial Listing