
Phoenix, AZ 85006
Analysis of 916 E CAMBRIDGE Avenue, Phoenix, AZ 85006 is currently available with a list price of $550,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1940, this property is in need of a total gut renovation. The interior shows significant neglect, including cracked walls, stained and worn carpeting, and outdated wood paneling. The kitchen and bathrooms are in original or severely aged condition with damaged cabinetry and obsolete fixtures. The listing explicitly states it is an 'as-is' investment opportunity requiring a full renovation to be habitable by modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 13068, living area = 2431.
With 4 bedrooms and over 2,400 square feet of living space, this 1940s home offers a substantial footprint and a versatile layout for a high-value, full-scale renovation project.
The oversized 13,068-square-foot lot is a rare find in this area, providing ample space for a detached garage, a pool, or the potential addition of an accessory dwelling unit (ADU).
The property is in need of a complete top-to-bottom renovation, which will require a significant capital investment and a long-term project timeline to bring it to modern standards.
Sold strictly in as-is condition, the property may present challenges for traditional financing and requires the buyer to assume all risks regarding structural, mechanical, and cosmetic defects.
Fantastic investment opportunity! This 4-bedroom home is in need of a full renovation. Featuring a living room with a built-in fireplace, a dedicated family room with direct backyard access for seamless indoor-outdoor living and a formal dining room can be transformed to accommodate dinner gatherings. The well-appointed kitchen has space for built-in appliances and ample cabinetry. The main bedroom includes a private bathroom for added comfort. Outside, the huge backyard offers a covered patio, a detached garage, and plenty of space for crafting an outdoor oasis. With TLC, you can transform this into a dream home! Conveniently located near schools, parks, restaurants, bus stops, and shopping. Don't miss it! This property is being sold in as-is condition. Needs a lot to be complete.
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 0.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 79% |
| Baths | 3.0 | 2.0 | 82% |
| Square foot | 2,431 | 1,344 | 96% |
| Lot Size | 13,068 | 6,799 | 97% |
| Price | $550.0K | $415.3K | 81% |
| Price per sq ft | $226 | $327 | 36% |
| Built year | 1940 | 1942 | 46% |
| HOA | $0 | $0 | 50% |
| Days on market | 22 | 1488 | 1% |
Apr 3, 2026
$550,000
Initial Listing