6511 S 5TH Place, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 2 bath
Loading property details...
Phoenix, AZ 85042
This Single Family Residence represents a High-Potential Investment Opportunity, listed at $325,000—positioned well below the $338,214 Fair Market Value by 3%. This valuation gap offers $13,214 in Instant Equity. Featuring a Fair Condition Rating and scenic Mountain Views within a secure Gated Community, the property offers a solid foundation for value-add improvements. While school ratings are modest, the competitive entry price makes this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic foothold in the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6511 S 5TH Place Subject | $325,000* List Price | 3 | 2 | 1,668 | $203 | - |
A 7 E Beautiful Lane Sold | $296,475 | 2 | 1 | 1,274 | $233 | 0.9 mi |
B 6826 S 8TH Street Active | $310,000 List Price | 3 | 2 | 1,378 | $225 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, the property is 22 years old. According to the criteria, homes over 20 years old are classified as Fair as they typically feature dated kitchen and bath finishes and original systems (HVAC/Electric) that may require minor repairs or modernization.
The property is situated within a gated community, offering residents enhanced privacy, security, and a well-maintained neighborhood environment.
The home features desirable mountain views, providing a beautiful natural backdrop that increases the property's aesthetic appeal and market value.
Priced competitively at $325,000 for a 1,668 sqft home built in 2004, this residence offers an excellent entry point for first-time buyers or investors in the Phoenix market.
The assigned elementary school has a rating of 1/10, which may be a significant drawback for families prioritizing high-quality educational districts.
The listing indicates a very limited viewing opportunity ('this weekend only'), which could create logistical challenges for buyers and limit thorough due diligence.
Come see this beautiful home in a Gate Community in South Phoenix! Great opportunity for a first time home buyer or investor, make sure to stop by this weekend only!
No exterior & parking available.
Grades K-3 • 0.6 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,668 | - |
| Lot Size | 6,446 | - |
| Price | $325.0K | $495.4K |
| Price per sq ft | $195 | $290 |
| Built year | 2004 | 0 |
| HOA | $71 | $0 |
| Days on market | 14 | 1260 |
Jul 8, 2026
$325,000
Initial Listing