7521 W SOUTHGATE Avenue, Phoenix, AZ 85043, Phoenix, 85043 - 6 bed, 3 bath
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Phoenix, AZ 85043
This Spacious Multigenerational Asset represents a High-Potential Investment Opportunity with a List Price of $450,000—positioned well below the $469,302 Fair Market Value by 4%. This valuation gap provides $19,302 in Instant Equity for buyers ready to address the Condition Rating of 4. Featuring a Granite Kitchen and Mountain Views, the 3,818-square-foot layout offers significant value-add potential through cosmetic updates. It is a strategic acquisition for Fix-and-Flip Investors or Contractors seeking a high-ROI project in Phoenix.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7521 W SOUTHGATE Avenue Subject | $450,000* List Price | 6 | 3 | 3,818 | $123 | - |
A 8214 W FLORENCE Avenue Pending | $378,000 List Price | 5 | 3 | 2,609 | $145 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2004, this property is approximately 20 years old and shows clear signs of deferred maintenance consistent with the 'handyman special' description. Interior images reveal scuffed and dirty walls, a hole in the drywall, and a missing drawer front in the primary bathroom. While the home features granite countertops and tile flooring, the fixtures and finishes (such as the oak railings and brass shower enclosures) are dated and show wear, requiring minor to moderate repairs and cosmetic updates to meet modern standards.
Boasting 6 bedrooms and over 3,800 square feet, the floor plan includes two downstairs bedrooms and a large loft, offering exceptional flexibility for large families or multigenerational living.
Priced as a 'handyman special' following a major price reduction, this property offers a high square-footage-to-price ratio, providing an excellent opportunity for investors or buyers looking to build sweat equity.
The oversized owner's suite features a private walk-out balcony and an extended bathroom layout, offering a high-end retreat space that serves as a strong focal point for future value.
The property is explicitly listed as needing 'TLC' and is sold in its current condition, which will require immediate capital for repairs and cosmetic renovations.
The local public schools carry low ratings (ranging from 2 to 4), which may limit the property's appeal to families prioritizing high-performing educational environments.
Huge Price Reduction! Opportunity knocks with this spacious 6 bedroom home full of potential. This property needs some TLC but has solid bones and a layout that makes it well worth the effort. Priced to reflect its current condition, this is a true handyman special and an excellent value. Inside, you will find tile flooring, plantation shutters, granite countertops, and a functional kitchen with a center island. The floor plan offers two bedrooms downstairs, ideal for guests or multigenerational living, plus a large loft upstairs that provides flexible living space. The oversized owner's suite is located upstairs and features a walk out balcony, extended bathroom layout, and plenty of room to customize to your taste. The backyard includes an extended covered patio!
No exterior & parking available.
Grades PK-5 • 0.5 mi
Grades 6-8 • 1.0 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 3.0 | 99% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 3,818 | 1,694 | 99% |
| Lot Size | 7,698 | 6,028 | 82% |
| Price | $450.0K | $325.0K | 91% |
| Price per sq ft | $118 | $179 | 37% |
| Built year | 2004 | 2005 | 49% |
| HOA | $96 | $82 | 67% |
| Days on market | 65 | 1141 | 1% |
Feb 20, 2026
$450,000
Initial Listing