8847 W WELDON Avenue, Phoenix, AZ 85037, Phoenix, 85037 - 2 bed, 2 bath
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Phoenix, AZ 85037
This property presents a High-Potential Investment Opportunity with a List Price of $250,000—positioned well below the $256,842 Fair Market Value by 2%. This valuation gap offers $6,842 in Instant Equity for buyers willing to execute a renovation plan. With a Condition Rating of 5, the home requires significant capital investment to modernize. Its proximity to the Westgate Entertainment District and I-10 provides strong rental demand, making this an ideal acquisition for Fix-and-Flip Investors or first-time buyers seeking to build value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8847 W WELDON Avenue Subject | $233,000 | 2 | 2 | 1,100 | $233 | - |
A 8935 W Heatherbrae Drive Sold | $230,000 | 2 | 1 | 1,012 | $227 | 0.6 mi |
B 2533 N 88TH Lane Sold | $300,000 | 2 | 2 | 1,110 | $270 | 0.9 mi |
C 9021 W Mulberry Drive Active | $308,800 List Price | 3 | 2 | 1,128 | $274 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1979 (47 years old) and explicitly marketed as a 'fixer upper' requiring 'TLC' and 'sweat equity.' Given the age and description, the property likely features original or significantly outdated kitchen, baths, and systems needing a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7039, living area = 1100.
Ideally situated with quick access to I-10 and Loop 101, the property is minutes away from the Westgate Entertainment District and a major hospital, offering high convenience for commuting and leisure.
Priced competitively as a fixer-upper, this home presents a significant opportunity for investors or first-time buyers to build instant sweat equity through strategic renovations.
Marketed as a fixer-upper needing 'TLC,' the property requires immediate capital investment and labor to address its current condition and bring it to modern standards.
The local schools carry lower ratings (3-4), which may be a consideration for families prioritizing high-performing educational districts for their children.
Build instant sweat equity with this charming 2-bedroom, 2-bathroom fixer upper starter home. Whether you're a first-time homebuyer or an investor, this property offers incredible potential and a fantastic opportunity to add value. Ideally situated with quick access to I-10 and Loop 101, this home is minutes from a major hospital and the Westgate Entertainment District, where you'll enjoy premier shopping, dining, and entertainment. Offered at an attractive price in today's market, this home is full of potential. Invest a little time and effort, and you'll be rewarded with instant equity. With a little TLC and your personal touch, you can transform this property into a beautiful home.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades PK-8 • 0.5 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,100 | - |
| Lot Size | 7,039 | - |
| Price | $233.0K | $495.4K |
| Price per sq ft | $212 | $290 |
| Built year | 1979 | 0 |
| HOA | $0 | $0 |
| Days on market | 33 | 1260 |
Jun 26, 2026
$250,000
Initial Listing