
Glendale, AZ 85303
This property presents a High-Potential Investment Opportunity with a List Price of $232,500—positioned well below the $238,559 Fair Market Value by 2%. This valuation gap offers $6,059 in Instant Equity for buyers. With a Condition Rating of 5, the home requires comprehensive renovations, making it a prime candidate for forced appreciation. Its strategic location near US-60 and Loop 101 ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6720 W MEDLOCK Drive Subject | $232,500* List Price | 2 | 1 | 816 | $292 | - |
A 7013 W COLTER Street Pending | $290,000 List Price | 2 | 1 | 1,036 | $280 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (53 years old) and marketed as an 'investor special' that needs repairs and updating. The bathroom features dated 1970s-style tile and a basic vanity, and the exterior shows signs of age, fitting the criteria for a property needing a full rehab.
Positioned as an 'investor special,' this property offers significant value-add potential for buyers looking to renovate and build equity in a competitive market.
Conveniently located near US-60 and Loop 101, the home provides easy access to major employment centers, shopping, and dining throughout Glendale.
With zero association fees, the property offers lower monthly carrying costs, maximizing cash flow for investors or affordability for end-users.
The home requires comprehensive updating and repairs, necessitating a buyer with immediate access to renovation capital or specialized financing.
At just 816 square feet with a single bathroom, the limited living space may restrict the pool of potential tenants or future buyers to smaller households.
Investor special and value-add opportunity in Glendale! This property offers excellent potential for an investor, cash buyer, or buyer looking to renovate and build equity. The home needs repairs and updating, providing an opportunity to customize and improve the property to fit today's market. Conveniently located near 60 , Loop 101, shopping, dining, schools, and major employment centers, with easy access to surrounding areas. Bring your vision and explore the possibilities this property has to offer. Don't miss this opportunity to add value in a convenient Glendale location! THE PROPERTY HAS MULTIPLE OFFER AND ALL OFFERS ARE DUE BY 9/8/2025 AT 1:00 PM CST.
No exterior & parking available.
Grades PK-3 • 0.6 mi
Grades PK-8 • 0.7 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 816 | 1,840.346 |
| Lot Size | 6,390 | 7,684.964 |
| Price | $232.5K | $700.6K |
| Price per sq ft | $285 | $383 |
| Built year | 1973 | 1980 |
| HOA | $0 | $137 |
| Days on market | 14 | 63 |
Aug 26, 2026
$232,500
Initial Listing