
Gilbert, AZ 85233
This Value-Add Residential Asset is listed at $395,000, offering a stable acquisition price aligned with its $395,528 Fair Market Value. Holding a Fair Condition Rating, the property is sold "as-is," providing a significant opportunity for forced appreciation through interior modernization. Recent upgrades include Energy-Efficient Windows and a Granite Kitchen, while the location—less than a mile from Downtown Gilbert—ensures long-term asset performance. Featuring a Large Outdoor Patio, this home is an ideal project for Fix-and-Flip Investors or Owner-Occupants seeking to build equity in a high-demand corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 846 W PAGE Avenue Subject | $395,000* List Price | 3 | 2 | 1,358 | $291 | - |
A 1053 W Heather Avenue Sold | $310,000 List Price | 3 | 2 | 1,478 | 0.3 mi | |
B 504 W SAN REMO Street Sold | $499,900 | 3 | 2 | 1,375 | $364 | 1.0 mi |
C 493 W San Remo Street Sold | $475,000 | 3 | 2 | 1,375 | $345 | 0.9 mi |
D 113 W CULLUMBER Avenue Sold | $414,200 | 3 | 2 | 1,251 | $331 | 0.9 mi |
E 542 W Princeton Avenue Active | $434,500 List Price | 3 | 2 | 1,457 | $298 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1998 (28 years old), the property falls into the Fair category due to its age and the listing's 'as-is' status with repairs needed. While it features some recent functional upgrades like new windows (2024) and select appliances (2025), the interior finishes such as the carpet and trim appear dated, and the overall condition requires minor repairs and modernization to be considered move-in ready.
Situated less than a mile from vibrant downtown Gilbert, the property offers exceptional access to premier dining, shopping, and entertainment, as well as proximity to McQueen Park and canal trails.
The home features brand-new dual-pane energy-efficient windows installed in 2024, along with a new dishwasher, clothes dryer, and toilets added in 2025, providing immediate value and efficiency.
Vaulted ceilings and an abundance of natural light paired with granite countertops and tile flooring in main areas create a spacious and modern feel throughout the home.
The property is being sold in as-is condition with repairs needed, which may require additional capital investment and effort from a buyer looking for a move-in-ready home.
At 1,358 square feet, the interior footprint is relatively modest for a three-bedroom detached residence, which may limit its appeal to families requiring more expansive living areas.
Welcome to your new home! Less than one mile from vibrant downtown Gilbert, with entertainment, shopping, and casual and fine dining options. Neighborhood park as well as close to canal walking/biking paths and the McQueen Park and Recreation Center. Vaulted ceilings and lots of natural light throughout the home. Granite counter tops in the kitchen and tile floors throughout the main living areas with carpet in the bedrooms. Large outdoor patio and backyard space! New dual pane, energy efficient windows installed throughout the home (2024) New toilets, clothes dryer and dishwasher (2025) Looking to close escrow quickly as owner is relocating. Being sold as - is ( some repairs needed but great for someone wanting to customize their home)
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,358 | 1,963 | 4% |
| Lot Size | 5,502 | 7,340 | 13% |
| Price | $395.0K | $197.5K | 50% |
| Price per sq ft | $291 | $100 | 74% |
| Built year | 1998 | 1994 | 86% |
| HOA | $279 | $104 | 88% |
| Days on market | 35 | 2502 | 1% |
May 3, 2026
$395,000
Initial Listing