6616 W CAMBRIDGE Avenue, Phoenix, AZ 85035, Phoenix, 85035 - 5 bed, 3 bath
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Phoenix, AZ 85035
This property presents a High-Potential Investment Opportunity with a List Price of $380,000—positioned well below the $389,268 Fair Market Value by 2%. This valuation gap offers $9,268 in Instant Equity for buyers. Featuring a 5-bedroom, 3-bathroom layout with over 2,000 sqft, the home has a Fair Condition Rating and requires cosmetic updates. Its dual living areas and prime location near major freeways make it a versatile asset for Buy-and-Hold Investors or first-time buyers seeking value-add potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6616 W CAMBRIDGE Avenue Subject | $380,000* List Price | 5 | 3 | 2,067 | $188 | - |
A 6037 W PALM Lane Sold | $315,000 List Price | 7 | 4 | 2,299 | 0.9 mi | |
B 2223 N 62ND Lane Sold | $382,000 | 4 | 2 | 1,638 | $233 | 0.6 mi |
C 2024 N 64TH Lane Sold | $315,000 | 4 | 2 | 1,640 | $192 | 0.5 mi |
D 2024 N 64TH Lane Sold | $315,000 | 4 | 2 | 1,640 | $192 | 0.5 mi |
E 2024 N 64th Lane Sold | $315,000 | 4 | 2 | 1,640 | $192 | 0.5 mi |
F 6330 W VIRGINIA Avenue Sold | $270,000 | 3 | 2 | 1,489 | $181 | 0.3 mi |
G 2628 N 61ST Avenue Sold | $385,000 | 4 | 2 | 1,798 | $214 | 0.6 mi |
H 2202 N 73RD Avenue Sold | $358,000 | 3 | 2 | 1,544 | $232 | 1.0 mi |
I 7221 W VIRGINIA Avenue Active | $375,000 List Price | 4 | 2 | 1,726 | $217 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971 (53 years old), the property appears to have had mid-life updates including consistent tile flooring and neutral paint. While functional and move-in ready, the home is aesthetically dated, the bathroom fixtures are basic/older, and the exterior landscaping requires significant attention, placing it in the 'Fair' category for homes over 20 years old needing modernization.
With 5 bedrooms and over 2,000 square feet, this home offers a rare amount of space and flexibility for large families or multi-generational living at this price point.
The inclusion of both a formal living room and a separate family room provides excellent versatility for entertaining and daily activities.
The property is conveniently situated near major freeways, schools, and shopping centers, ensuring easy commutes and access to local amenities.
The front and backyards are noted as needing a personal touch, indicating that the buyer will likely need to invest time and capital into landscaping and curb appeal.
Built in 1971, the property may require updates to major systems or interior finishes to align with modern energy efficiency and aesthetic standards.
Welcome to this spacious home offering over 2,000 square feet of comfortable living space! Featuring 5 bedrooms and 3 bathrooms, this residence is ideal for those needing extra space or home office. The floor plan includes both a formal living room and a generous family room, providing plenty of space for everyday living, entertaining, and special gatherings. The kitchen offers plenty of cabinet storage and ample workspace. The front and backyard are ready for your personal touch, offering endless possibilities for outdoor living or gardening. Conveniently located near schools, shopping, dining, and major freeways.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,067 | - |
| Lot Size | 7,805 | - |
| Price | $380.0K | $495.4K |
| Price per sq ft | $184 | $290 |
| Built year | 1971 | 0 |
| HOA | $0 | $0 |
| Days on market | 27 | 1260 |
Jun 26, 2026
$380,000
Initial Listing