7245 S 41ST Way, Phoenix, AZ 85042, Phoenix, 85042 - 3 bed, 2 bath
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Phoenix, AZ 85042
Analysis of 7245 S 41ST Way, Phoenix, AZ 85042 is currently available with a list price of $114,840. The property maintains a Tear down Condition Rating (10/100), reflecting significant deferred maintenance. This property is best suited for experienced investors or developers prepared for substantial renovation work. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is land value only, full reconstruction required.
The property is in a state of severe physical distress and is explicitly described in the listing as being in near tear-down condition. Built 50 years ago with no evidence of modern updates, the interior is unlivable, featuring significant structural damage, holes in the ceiling, graffiti, and debris from unauthorized occupancy. The listing indicates the value is primarily in the land and its potential for a new build.
Priced significantly below market value for the area, this property offers a high-margin exit strategy with nearby new builds commanding prices up to $450,000.
Situated in an established Phoenix pocket, the property represents the 'worst house in a good neighborhood,' providing a rare entry point into a desirable area.
With a 6,469 sqft lot and a structure in near tear-down condition, this is an ideal canvas for a visionary developer to build a modern residence from the ground up.
The interior is in a state of significant distress due to neglect and unauthorized occupancy, requiring a complete renovation or total demolition.
The property is being sold strictly as-is with no repairs provided by the seller, necessitating a buyer with significant capital and construction expertise.
Property is being sold As-Is, NO repairs will be made. Any personal items convey with the property at close of escrow at no additional cost. The property is currently in near tear-down condition and requires a visionary. Having been vacant and utilized by unauthorized occupants over the past year, the interior is in a state of significant distress. This is the quintessential ''worst house in a good neighborhood'' opportunity. Located in an established Phoenix pocket where modern new builds are commanding prices up to $450,000, this property is priced for a high-margin exit.
No exterior & parking available.
Grades PK-5 • 1.8 mi
Grades 6-8 • 4.6 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 720 | 1,869 | 1% |
| Lot Size | 6,469 | 7,465.5 | 30% |
| Price | $114.8K | $412.5K | 28% |
| Price per sq ft | $160 | $227 | 28% |
| Built year | 1974 | 2001 | 17% |
| HOA | $0 | $98 | 34% |
| Days on market | 23 | 1331 | 0% |
Mar 30, 2026
$114,840
Initial Listing