
Glendale, AZ 85301
This Single-Family Residential Asset is a High-Potential Investment Opportunity in Glendale. Listed at $350,000, the property is positioned well below the $440,000 Fair Market Value by 20%, offering $90,000 in Instant Equity potential. Featuring a Condition Rating of 5, the home requires a full renovation to capitalize on its 9,274 sqft lot, private pool, and no HOA status. Located near Independence High School, this Value-Add project is an ideal acquisition for Fix-and-Flip Investors or Contractors looking to maximize ROI through modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6218 W MEDLOCK Drive Subject | $300,000* List Price | 3 | 5 | 1,838 | $82 | - |
A 6020 W MEDLOCK Drive Sold | $336,000 | 4 | 3 | 2,127 | $158 | 0.2 mi |
B 5010 N 60TH Drive Active Under Contract | $335,000 List Price | 4 | 3 | 1,798 | $186 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1959, this property is marketed as an investor special requiring extensive rehab and will not qualify for traditional financing. Interior photos show unfinished bathroom construction, dated kitchen cabinetry, and a dilapidated empty pool, indicating significant deferred maintenance and the need for a full renovation.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9274, living area = 1838.
Priced at $350,000 with a neighboring property pending at $440,000, this home offers a substantial margin for investors or flip-buyers to build equity through renovation.
The oversized 9,274 sqft lot and multiple bonus rooms provide a versatile canvas for customization, expansion, or creating a multi-functional living space without the constraints of an HOA.
The property's current condition prevents it from qualifying for traditional financing, restricting the buyer pool to cash investors or those with specialized renovation loans.
Sold strictly in as-is condition with a clear 'no repairs' policy from the seller, the home requires significant capital investment to address extensive work and bring it to market standards.
Investor special with endless potential on a huge lot! Great opportunity for cash buyers or renovation loans. Property will not qualify for traditional financing due to extensive work needed. Features a block fenced backyard, no HOA, and multiple extra rooms offering flexible space. Buyer to verify all facts, figures, permits, zoning, and square footage. Prime chance to customize and maximize potential. Nearby home across the street is currently pending at $440,000. PROPERTY SOLD AS-IS, Seller will NOT make repairs.
No exterior & parking available.
Grades PK-3 • 0.6 mi
Grades PK-3 • 1.2 mi
Grades PK-6 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 5.0 | 2.0 | 93% |
| Square foot | 1,838 | 1,833 | 52% |
| Lot Size | 9,274 | 7,998 | 67% |
| Price | $300.0K | $300.0K | 50% |
| Price per sq ft | $163 | $141 | 56% |
| Built year | 1959 | 1963 | 41% |
| HOA | $0 | $0 | 50% |
| Days on market | 44 | 1432 | 4% |
May 17, 2026
$300,000
$350,000
-14% Price Drop
Initial Listing
May 1, 2026
$350,000
Initial Listing