7316 W CORDES Road, Phoenix, AZ 85043, Phoenix, 85043 - 4 bed, 2 bath
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Phoenix, AZ 85043
This High-Potential Investment Opportunity is a specialized Adult Home Care SFR listed at $385,000, positioned well below the $391,867 Fair Market Value by 1.75%. With $6,867 in Instant Equity, this Good Condition property features a newer roof, HVAC, and laminate flooring. Its established zoning for 5 residents provides immediate operational utility. While local school ratings are modest, the proximity to medical hubs ensures strong demand. This is an ideal acquisition for Healthcare Operators or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7316 W CORDES Road Subject | $385,000* List Price | 4 | 2 | 1,741 | $225 | - |
A 7218 W KINGMAN Street Sold | $299,900 List Price | 4 | 2 | 1,735 | 0.2 mi | |
B 7535 W Pioneer Street Sold | $436,000 List Price | 4 | 2 | 2,046 | 0.4 mi | |
C 7126 W WINSLOW Avenue Sold | $309,000 List Price | 3 | 2 | 1,905 | 0.2 mi | |
D 7230 W HILTON Avenue Sold | $375,000 List Price | 3 | 2 | 1,727 | 0.5 mi | |
E 3230 S 74th Lane Sold | $380,000 | 3 | 2 | 1,655 | $230 | 0.3 mi |
F 3230 S 74TH Lane Sold | $380,000 | 3 | 2 | 1,654 | $230 | 0.3 mi |
G 3216 S 72ND Lane Active | $364,900 List Price | 3 | 2 | 1,580 | $231 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004 (20 years old), the property is well-maintained and move-in ready. It features critical system updates including a newer roof and HVAC system, along with newer laminate flooring. While the bathroom cabinetry and fixtures appear original and dated, the overall condition and functional updates meet the 'Good' criteria.
The property features established Adult Home Care zoning, offering a rare, turnkey opportunity for healthcare operators to accommodate up to five residents immediately.
Significant recent updates including a newer roof, newer A/C system, and updated laminate flooring provide peace of mind and reduce immediate maintenance costs for the buyer.
Centrally located near a medical community with easy freeway access and proximity to local parks, the home is perfectly positioned for both care-related functionality and residential convenience.
The local schools have relatively low ratings, specifically a 2/10 for the elementary school, which may deter traditional family buyers and impact long-term appreciation.
The specialized zoning and focus on adult care may limit the property's appeal to a broader residential market, potentially narrowing the pool of future buyers.
INCOME PROPERTY which offers a unique opportunity for operators seeking a property with established Adult Home Care zoning in Phoenix. Zoned Property Type (1960) ADULT HOME CARE SFR and Legal Class (04-05) RES NURSING CARE, this property may accommodate up to 5 residents. Buyer to verify all material facts, licensing requirements, and intended use. This well-maintained 4-bedroom, 2-bath home features several important updates, including a newer roof, newer A/C system, newer laminate flooring, and tile flooring in the kitchen. The spacious kitchen offers an eat-in bar with ample cabinet and counter space, ideal for daily living or care-related functionality. Lovely back yard for outdoor activities. Centrally located to adjacent medical community. Easy freeway access. Just a lovely all around neighborhood. There is a park nearby for lazy afternoons. The spacious kitchen offers an eat-in bar with ample cabinet and counter space, ideal for daily living or care-related functionality. The larger primary suite includes a private en-suite bathroom, while the flexible floor plan provides comfortable living spaces for residents, caregivers, or extended family living arrangements. A rare opportunity to purchase a move-in-ready property with specialized zoning already in place.
No exterior & parking available.
Grades PK-5 • 0.9 mi
Grades 6-8 • 1.6 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,741 | - |
| Lot Size | 5,584 | - |
| Price | $385.0K | $482.6K |
| Price per sq ft | $221 | $286 |
| Built year | 2004 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 1359 |
May 23, 2026
$385,000
Initial Listing