8511 W COLLEGE Drive, Phoenix, AZ 85037, Phoenix, 85037 - 2 bed, 2 bath
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Phoenix, AZ 85037
This High-Potential Investment Opportunity is listed at $300,000, positioned above the $255,650 Fair Market Value. While the property requires a premium, it offers a Condition Rating of 4, featuring new stainless steel appliances and a rare 2-car garage plus 2-car carport. Its strategic proximity to the Westgate Entertainment District and State Farm Stadium ensures strong rental demand. This asset is ideal for Buy-and-Hold Investors seeking a functional rental or first-time buyers looking to build equity in a high-growth Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8511 W COLLEGE Drive Subject | $300,000* List Price | 2 | 2 | 870 | $294 | - |
A 4461 N 84TH Avenue Sold | $281,000 | 3 | 2 | 1,016 | $277 | 0.5 mi |
B 4825 N 85TH Avenue Pending | $299,000 List Price | 2 | 2 | 870 | $344 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1995 (31 years old), the property exceeds the 20-year threshold for a 'Good' rating. While the addition of new stainless steel appliances is a positive update, the home is likely dated in its primary systems, cabinetry, and bathrooms. It appears functional and move-in ready but requires cosmetic modernization and minor updates to meet current market standards.
The property is ideally situated near the Westgate Entertainment District, State Farm Stadium, and Loop 101, offering excellent accessibility and high rental demand.
Rare for this size, the home features a 2-car garage plus two additional covered carport spaces, providing ample protected parking for residents and guests.
The inclusion of brand-new stainless steel appliances provides an immediate modern touch and reduces initial move-in or renovation costs for buyers.
At only 870 square feet, the interior footprint is quite small for a 2-bedroom, 2-bathroom home, which may limit its appeal to larger families or those requiring more storage.
The assigned schools carry modest ratings (4 and 5 out of 10), which could be a deterrent for families prioritizing high-performing educational districts.
Great opportunity for investors and homeowners alike! This single-story home features 2 bedrooms, 2 bathrooms, a functional floor plan, a 2-car garage, and two additional covered carport spaces. New stainless steel appliances add a modern touch. Ideal as a primary residence or investment property with excellent rental potential. Perfect for a small family, first-time homebuyer, or anyone looking to build equity. Conveniently located near Loop 101 and Camelback Rd, close to schools, shopping, dining, Walmart, banks, Topgolf, Westgate Entertainment District, Tanger Outlets, and State Farm Stadium.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 870 | - |
| Lot Size | 4,770 | - |
| Price | $300.0K | $495.4K |
| Price per sq ft | $345 | $290 |
| Built year | 1995 | 0 |
| HOA | $66 | $0 |
| Days on market | 12 | 1260 |
Jul 6, 2026
$300,000
Initial Listing