6131 N 8TH Avenue, Phoenix, AZ 85013, Phoenix, 85013 - 3 bed, 3 bath
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Phoenix, AZ 85013
This Mid-Century Fix-and-Flip Asset is listed at $550,000, representing a high-upside acquisition in a premier central Phoenix location. While the current $419,615 Fair Market Value reflects a Condition Rating of 5 due to significant deferred maintenance, the property’s expansive 10,036 sqft lot and separate guest quarters provide a rare foundation for substantial forced appreciation. Featuring a detached two-car garage and proximity to the highly-rated Washington High School, this value-add project is a strategic choice for Fix-and-Flip Investors or Contractors looking to capitalize on the area's premium resale trends.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6131 N 8TH Avenue Subject | $550,000* List Price | 3 | 3 | 1,772 | $237 | - |
A 822 W VERMONT Avenue Sold | $415,000 List Price | 3 | 2 | 1,768 | 0.8 mi | |
B 1418 W Keim Drive Sold | $510,000 | 3 | 2 | 1,983 | $257 | 0.4 mi |
C 822 W Vermont Avenue Sold | $415,000 List Price | 3 | 2 | 1,768 | 0.8 mi | |
D 6106 N 13TH Avenue Sold | $600,000 List Price | 3 | 3 | 2,249 | 0.3 mi | |
E 1417 W ROSE Lane Sold | $575,000 | 3 | 2 | 1,885 | $305 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1955, this property is explicitly marketed as a 'fix and flip' or 'remodel' project. While there are some recent cosmetic updates like LVP flooring and shaker-style kitchen cabinets, the home shows signs of significant deferred maintenance and unfinished work, including missing baseboards, damaged drywall, and visible ceiling patches/stains suggesting potential roof or plumbing leaks. The kitchen is incomplete with no backsplash and unfinished butcher block counters, and the overall state requires a substantial overhaul of major systems and cosmetics to be considered move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10036, living area = 1772.
Located in a prime central Phoenix neighborhood where surrounding homes sell for significantly higher prices, this property offers a lucrative opportunity for a fix-and-flip or value-add renovation to capture immediate equity.
The inclusion of separate guest quarters and a detached two-car garage with alley access provides exceptional flexibility for multi-generational living, rental income, or a professional creative studio.
As a 1955 build marketed for its 'potential,' the home likely requires a total overhaul of major systems and cosmetics, necessitating a significant additional budget beyond the purchase price.
The property is zoned for Maryland Elementary School, which currently holds a low rating of 3, potentially limiting its appeal to families prioritizing high-performing public school districts.
Tremendous potential! Don't miss this rare opportunity to own a home in beautiful central Phoenix! This ideally located property features a large green lot, separate guest quarters, one car garage plus a detached two car garage with alley access-perfect for a workshop, studio or creative space. Homes in the surrounding are selling hundreds of thousands higher . Invest, remodel and create your dream home, investment property or fix and flip in one of the most desirable locations around.
No exterior & parking available.
Grades PK-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 62% |
| Square foot | 1,772 | 1,777 | 49% |
| Lot Size | 10,036 | 8,276 | 66% |
| Price | $550.0K | $512.0K | 62% |
| Price per sq ft | $310 | $321 | 48% |
| Built year | 1955 | 1953 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 110 | 1166 | 8% |
Jan 6, 2026
$550,000
Initial Listing