6015 N 32ND Drive, Phoenix, AZ 85017, Phoenix, 85017 - 10 bed, 6 bath
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Phoenix, AZ 85017
Analysis of 6015 N 32ND Drive, Phoenix, AZ 85017 is currently available with a list price of $300,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1976 and currently in a state of mid-rehab or severe neglect. Photos show rooms stripped to the studs, significant holes in ceilings and walls with exposed insulation, and non-functional bathrooms. The property requires a full gut renovation and structural/system overhauls to be livable.
The property features a rare 10-bedroom, 10-bathroom permitted configuration within 4,290 square feet, offering exceptional cash-flow potential for assisted living, group housing, or high-density rentals.
With approved permits already in place and no active city violations, an investor can bypass the lengthy and costly municipal approval process to begin renovations immediately.
Listed at approximately $70 per square foot, the property is priced significantly below replacement cost and market averages for the Phoenix area, providing substantial room for equity growth.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 10, other record bedroom count = 7.
The property is marketed as an 'Investor's Special' with no seller financing or 'subject-to' options, likely requiring a cash purchase or hard money due to its current condition and unconventional layout.
Realizing the 10-bedroom, 10-bathroom vision will require a massive capital investment in plumbing, electrical, and interior finishing, which may be daunting for less experienced developers.
Investor's special! Need to sell, send all offers. Current loan at $275,000. Must be purchased, no seller finance/subject to. No city violations. 10 bed 10 bath approved permits.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades K-2 • 0.9 mi
Grades PK-8 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 10.0 | 0.0 |
| Baths | 6.0 | 0.0 |
| Square foot | 4,290 | - |
| Lot Size | 6,299 | - |
| Price | $300.0K | $495.4K |
| Price per sq ft | $70 | $290 |
| Built year | 1976 | 0 |
| HOA | $0 | $0 |
| Days on market | 82 | 1260 |
May 2, 2026
$300,000
Initial Listing