
Phoenix, AZ 85021
This property presents a High-Potential Investment Opportunity with a List Price of $350,000—positioned well above the $286,757 Fair Market Value by -22%. While the home requires a full interior rehab given its Fair/Poor Condition Rating, the 4-bedroom, 3-bathroom layout and converted guest suite offer significant value-add potential. Recent capital improvements, including a new roof, HVAC, and resurfaced pool, mitigate major structural risks. This asset is ideal for Fix-and-Flip Investors or Contractors seeking a project with multigenerational rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7130 N 23RD Avenue Subject | $350,000* List Price | 4 | 3 | 1,721 | $167 | - |
A 1937 W Northview Avenue Sold | $335,000 List Price | 3 | 3 | 1,931 | 0.4 mi | |
B 1529 W Glenn Drive Sold | $299,500 List Price | 3 | 2 | 1,651 | 0.9 mi | |
C 1825 W MORTEN Avenue Sold | $267,999 List Price | 4 | 2 | 1,582 | 0.6 mi | |
D 7608 N 17TH Avenue Sold | $250,000 | 3 | 2 | 1,612 | $155 | 0.8 mi |
E 2032 W STATE Avenue Active | $270,000 List Price | 3 | 2 | 1,401 | $193 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
While the roof and HVAC were updated within the last 10 years, the 1968 structure requires a full interior rehab. Images show significant neglect, including doors off hinges, exposed plumbing, and heavily dated finishes that exceed simple cosmetic updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7658, living area = 1721.
The garage has been professionally converted into a private guest suite featuring a separate entrance, full bathroom, walk-in closet, and dedicated mini-split, making it ideal for rental income or extended family.
High-ticket maintenance items including the roof, HVAC system, and pool resurfacing have all been completed within the last 5-10 years, significantly reducing immediate move-in costs.
The property is marketed as needing 'vision,' suggesting that while the structure is sound, the interior likely requires significant aesthetic modernization to meet current market standards.
The assigned K-8 school, Orangewood Elementary, has a low rating of 2, which may impact the property's appeal to families prioritizing high-performing local education.
They don't make them like they used to! This solid block-constructed home offers 3 bedrooms, 2 bathrooms, great bones, an open living plan, and a charming two-way fireplace connecting the kitchen and great room. Garage has been converted into a private guest suite with a separate entrance, fourth bedroom, full bathroom, walk-in closet, and mini-split, perfect for multigenerational living. Major improvements completed within approximately the past 5-10 years include the roof, HVAC system, and resurfaced sparkling pool. Outside, enjoy an oversized covered patio that could easily become an Arizona room, plus a separate storage shed and no HOA. Conveniently located near shopping, dining, parks, schools, and freeway access. Full of character and possibilities-bring your vision!
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,721 | - |
| Lot Size | 7,658 | - |
| Price | $350.0K | $495.4K |
| Price per sq ft | $203 | $290 |
| Built year | 1968 | 0 |
| HOA | $0 | $0 |
| Days on market | 3 | 1260 |
Jul 23, 2026
$350,000
Initial Listing