906 E CINNABAR Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This property presents a High-Potential Investment Opportunity with a List Price of $275,000—positioned well above the $243,167 Fair Market Value by 13%. While the home requires significant renovation due to its Fair Condition Rating, the large 7,897 sqft lot and breathtaking mountain views provide a solid foundation for value-add projects. Featuring a newer roof and RV gate access, this asset is primed for a full interior overhaul. This is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking to maximize equity through strategic renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 906 E CINNABAR Avenue Subject | $275,000* List Price | 3 | 2 | 1,140 | $213 | - |
A 10025 N 13TH Place Sold | $199,900 List Price | 2 | 1 | 742 | 0.4 mi | |
B 9862 N 1ST Street Sold | $349,900 List Price | 3 | 2 | 1,232 | 0.7 mi | |
C 823 E IRONWOOD Drive Pending | $305,000 List Price | 3 | 2 | 1,243 | $245 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1958 (66 years old) with no evidence of recent renovation. The interior shows significant wear including damaged walls, stained/missing flooring, and dated finishes. The listing explicitly states the home needs TLC and is an opportunity for renovation, fitting the criteria for a property 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 = 7897, living area = 1140.
The property features breathtaking, 360-degree mountain views that provide a picturesque backdrop for both the interior living spaces and the expansive backyard.
Priced aggressively to move fast, this home represents a prime opportunity for investors or handy homeowners to build equity through renovation and personalized upgrades.
The property is noted as needing 'TLC,' suggesting that immediate capital and labor will be required to address cosmetic or structural updates to bring it to modern standards.
With only 1,140 square feet of living space for a three-bedroom configuration, the interior layout may feel cramped for buyers seeking larger communal areas or spacious bedrooms.
This 3-bedroom, 2-bath property is now available! Incredible location with mountain views all around. Inside, you'll find a living room w/ a soothing palette, blinds, and concrete flooring. The eat-in kitchen has ample cabinetry and stainless steel appliances for a seamless cooking experience. The main bedroom includes a private bathroom with dual sinks. Venture out onto the backyard, which offers a covered patio, a storage shed, breathtaking mountain views that provide a picturesque backdrop, an RV gate that lead to the alley, + plenty of space for crafting your dream oasis. W/ a bit of TLC, you can turn this into your dream home. Home is priced to move fast and an great opportunity to make this home your own and renovate w/ the finishes you desire. Features newer roof sprinklers in back.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,140 | 2,129 | 12% |
| Lot Size | 7,897 | 8,773 | 41% |
| Price | $275.0K | $388.9K | 43% |
| Price per sq ft | $241 | $241 | 50% |
| Built year | 1958 | 1968 | 27% |
| HOA | $0 | $0 | 50% |
| Days on market | 9 | 1212 | 1% |
May 28, 2026
$275,000
Initial Listing