6216 S 5TH Avenue, Phoenix, AZ 85041, Phoenix, 85041 - 4 bed, 1 bath
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Phoenix, AZ 85041
This Single-Story Residence is listed at $347,000, representing a stable acquisition positioned exactly at its $347,000 Fair Market Value. Maintaining a Condition Score of 4, the interior features fresh paint and new carpeting for immediate move-in readiness. The property boasts a versatile 4-Bedroom Layout on a generous 7,606 Sq Ft Lot with No HOA Fees, offering significant space for future expansion or a second bathroom. Located near V H Lassen Elementary and Cesar Chavez High, this home balances functional living with clear appreciation potential. It is perfectly suited for First-Time Buyers or Value-Add Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6216 S 5TH Avenue Subject | $347,000* List Price | 4 | 1 | 1,134 | $306 | - |
A 5437 S MONTEZUMA Street Sold | $370,000 | 4 | 1 | 1,133 | $327 | 0.5 mi |
B 6401 S 4TH Avenue Sold | $285,000 | 3 | 1 | 947 | $301 | 0.1 mi |
C 6420 S 4TH Avenue Sold | $395,000 | 3 | 1 | 1,104 | $358 | 0.2 mi |
D 643 W WIER Avenue Sold | $354,000 | 3 | 1 | 932 | $380 | 0.9 mi |
E 1124 W NANCY Lane Sold | $325,000 | 2 | 2 | 912 | $356 | 0.4 mi |
F 401 W VINEYARD Road Sold | $355,000 | 3 | 2 | 1,240 | $286 | 0.4 mi |
G 1124 W NANCY Lane Active | $335,000 List Price | 2 | 2 | 912 | $367 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property exhibits a blend of recent cosmetic updates and aged infrastructure. Interior images show new carpeting, fresh paint, and modern ceiling fans, indicating it is move-in ready. However, the home suffers from functional obsolescence with a 4-bedroom to 1-bathroom ratio. The exterior remains unlandscaped, and the presence of an evaporative cooler suggests that while the home has been maintained, the core systems and layout have not undergone a full modern renovation to meet current 'Good' or 'Excellent' standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7606, living area = 1134.
The property sits on a substantial 7,606 sq ft lot, providing ample outdoor space for landscaping, recreation, or potential future expansions in a central location.
With an association fee of $0, homeowners benefit from lower monthly carrying costs and greater freedom to personalize the property without restrictive covenants.
The 4-bedroom layout is served by only a single bathroom, which may create functional challenges for larger households and impact overall market value.
Built in 1947, the home likely requires updates to its core systems and cosmetic finishes to meet modern efficiency standards and buyer expectations.
Welcome to this charming single-story home nestled in the heart of South Phoenix! , this 1135 sq ft residence sits on a generous 7,606 sq ft lot, offering a perfect blend of vintage character and modern potential. With 4 bedrooms and 1 bathroom, the home features a cozy layout.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,134 | - |
| Lot Size | 7,606 | - |
| Price | $347.0K | $495.4K |
| Price per sq ft | $306 | $290 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 398 | 1260 |
Jun 20, 2025
$347,000
Initial Listing