8324 N 8TH Avenue, Phoenix, AZ 85021, Phoenix, 85021 - 3 bed, 3 bath
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Phoenix, AZ 85021
This Value-Add Mid-Century Asset is listed at $700,000, positioned near its $666,427 Fair Market Value. Currently holding a Condition Rating of 5, the main residence requires significant modernization to align with the neighborhood's premium standards. The property’s strength lies in its 479 sq ft detached guest house, sparkling pool, and expansive 14,436 sq ft lot, offering substantial room for forced appreciation. Located in North Central Phoenix near Royal Palm Park, this "AS-IS" opportunity is ideal for Fix-and-Flip Investors or Contractors seeking a high-upside renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8324 N 8TH Avenue Subject | $700,000* List Price | 3 | 3 | 2,268 | $294 | - |
A 7730 N 7TH Avenue Sold | $625,000 | 3 | 3 | 2,225 | $281 | 0.6 mi |
B 8113 N 8TH Avenue Sold | $899,900 List Price | 3 | 3 | 2,685 | 0.3 mi | |
C 702 W WHY WORRY Lane Sold | $815,000 | 5 | 3 | 2,805 | $291 | 0.3 mi |
D 8236 N 15TH Drive Sold | $785,000 | 4 | 3 | 2,720 | $289 | 0.5 mi |
E 8002 N 5TH Avenue Sold | $685,000 List Price | 3 | 2 | 2,631 | 0.5 mi | |
F 131 W DIANA Avenue Sold | $670,000 List Price | 4 | 3 | 2,263 | 0.5 mi | |
G 7848 N 5TH Avenue Active | $799,900 List Price | 4 | 3 | 2,450 | $326 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is explicitly described as being in 'fix-up condition' and is sold 'AS-IS.' Built in 1955, the interior features are significantly outdated, including 1980s-style oak cabinetry, gold-trimmed shower enclosures, and a commercial-style vinyl booth in the dining area. While the detached guest house appears to be in better shape, the main residence requires substantial rehabilitation and modernization of the kitchen, bathrooms, and overall finishes to meet current market standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 14436, living area = 2268.
The property features a 479 sq ft detached guest house with vaulted ceilings and private patio access, providing excellent versatility for rental income or multi-generational living.
Situated on a sprawling 14,436 sq ft lot, the backyard is a premier entertainment space featuring a sparkling pool, built-in BBQ, and mature landscaping in a desirable North Central Phoenix location.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2268, other record living area = 1789.
The main house is explicitly noted to be in fix-up condition, requiring a substantial additional investment for modernization and structural repairs.
The property is being sold in as-is condition, which may limit negotiation leverage regarding repairs and could complicate certain types of traditional financing.
Situated on a sprawling 14,436 sq ft lot, this property offers lush grassy areas in both the front and back yards, complemented by mature landscaping and a gorgeous canopy tree that provides exceptional front-yard shade. The main home at 1789 sq ft is full of character with wood-beamed ceilings in the family room and primary bedroom, a wood-burning beehive fireplace, 2nd bedroom, and a wet bar in the family room. The oversized primary suite includes backyard access, a walk-in closet, and an ensuite bath with dual sinks, separate tub, and shower. Additional features include Saltillo tile and stained concrete floors, plus dual-pane windows throughout. The detached guest house at 479 sq ft is a standout, offering vaulted ceilings with clerestory windows, dual-pane windows and a large walk-in closet, stained concrete floors, and two sets of sliding glass doors opening to the covered patio and pool area. The impressive backyard is designed for entertaining, featuring a sparkling pool, large covered patio, and built-in BBQ. Complete with a 2-car garage, this exceptional property is ideally located in North Central Phoenix, tucked into the Butler Terrace subdivision and just around the corner from Royal Palm Park. *** The main house is in fix-up condition and the property will convey in AS-IS condition.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 53% |
| Square foot | 2,268 | 2,082 | 57% |
| Lot Size | 14,436 | 10,424 | 76% |
| Price | $700.0K | $384.0K | 68% |
| Price per sq ft | $309 | $272 | 62% |
| Built year | 1955 | 1959 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 39 | 1404 | 1% |
Mar 18, 2026
$700,000
Initial Listing