
Phoenix, AZ 85033
This Multi-Unit Residential Asset is a Strong Value Opportunity, listed at $395,000—positioned well below the $429,659 Fair Market Value by 8%. This valuation gap offers $34,659 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating, the property features Two Additional Living Spaces with separate entrances and kitchens, ideal for high rental demand near Grand Canyon University. With No HOA and a spacious 2,696 SF layout, it perfectly balances lifestyle flexibility with significant income potential. This is a premier acquisition for Owner-Occupants looking to house-hack or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6539 W COOLIDGE Street Subject | $395,000* List Price | 5 | 4 | 2,696 | $159 | - |
A 6431 W DEVONSHIRE Avenue Sold | $355,000 List Price | 5 | 3 | 2,624 | 0.6 mi | |
B 6402 W COLLEGE Drive Sold | $369,000 List Price | 5 | 2 | 1,983 | 0.3 mi | |
C 4815 E 65th Avenue Sold | $370,000 | 4 | 2 | 2,074 | $178 | 0.2 mi |
D 6010 W COOLIDGE Street Sold | $460,000 | 5 | 3 | 2,656 | $173 | 0.6 mi |
E 6540 W HAZELWOOD Street Active | $420,000 List Price | 4 | 2 | 2,694 | $156 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is in fair condition, showing a mix of aged original features and sporadic updates. While one bathroom features a modern white shaker-style vanity, the kitchens across the three living spaces vary from dated dark wood to older white cabinetry with a mix of black and white appliances. The presence of popcorn ceilings, older light fixtures, and inconsistent flooring styles indicates the home has been maintained through regular upkeep but lacks a comprehensive modern renovation. The property is functional and move-in ready but requires cosmetic updates and system modernizations to meet current market standards.
The property features two additional living spaces with separate entrances and full kitchens, offering significant rental income potential or multi-generational living options.
The absence of a Homeowners Association provides owners with greater flexibility and eliminates monthly fees, enhancing the overall affordability of the home.
Situated near Grand Canyon University and multiple schools, the property is ideally positioned for high rental demand from students and faculty.
The assigned public schools have relatively low ratings, which may be a concern for families prioritizing high-performing educational districts.
Built in 1973, the home may require updates to its original systems or cosmetic renovations to meet modern standards and efficiency.
Single-level home built in 1973, with a total of 2,696 SF of living space. The main living area features 2,074 SF, three bedrooms, two bathrooms, living room and full kitchen. There are also two additional living spaces attached to the main home that have a sperate entrance. One area is a studio style space with a full bathroom and kitchen. The second area is 622 SF featuring a bedroom, full bathroom, living room and full kitchen. Great location near multiple schools, Grand Canyon University and Holiday Park. No HOA! Great opportunity to rent out the additional spaces for added income.
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades 6-8 • 0.3 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 5.0 | 3.0 | 92% |
| Baths | 4.0 | 2.0 | 100% |
| Square foot | 2,696 | 1,400 | 100% |
| Lot Size | 6,935 | 7,026 | 47% |
| Price | $395.0K | $270.0K | 95% |
| Price per sq ft | $147 | $193 | 38% |
| Built year | 1973 | 1972 | 55% |
| HOA | $0 | $0 | 50% |
| Days on market | 24 | 957 | 0% |
Apr 2, 2026
$395,000
Initial Listing