9424 N 2ND Place, Phoenix, AZ 85020, Phoenix, 85020 - 2 bed, 1 bath
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Phoenix, AZ 85020
This Turnkey Single Family Residence presents a Prime Investment Opportunity, listed at $340,000—positioned well below the $347,134 Fair Market Value by 2%. This valuation gap offers $7,134 in Instant Equity. With a Mint Condition Rating following a comprehensive renovation, the property features modern finishes and no immediate maintenance needs. Located near the highly-rated Sunnyslope High School, this home offers a rare combination of move-in readiness and long-term value, making it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9424 N 2ND Place Subject | $329,999* List Price | 2 | 1 | 840 | $404 | - |
A 9520 N CENTRAL Avenue Sold | $365,000 | 2 | 1 | 1,079 | $338 | 0.2 mi |
B 1007 E BROWN Street Sold | $300,000 List Price | 2 | 1 | 858 | 0.8 mi | |
C 844 E TOWNLEY Avenue Sold | $320,000 | 2 | 2 | 936 | $342 | 0.7 mi |
D 9624 N 2ND Street Pending | $325,000 List Price | 2 | 1 | 848 | $383 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While originally built in 1950, the property has undergone a comprehensive modern renovation within the last 5 years. The interior features new LVP flooring, updated shaker-style cabinetry, stainless steel appliances, and fresh paint throughout, meeting the criteria for mint condition with no immediate maintenance needed.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7645, living area = 840.
The property is located just half a mile from Sunnyslope High School, a highly-regarded institution with a rating of 7, which is a significant draw for families and supports long-term property value.
With a 7,645 sqft lot, this property offers substantial outdoor space relative to the home's footprint, providing excellent potential for expansions, landscaping, or the addition of an ADU.
At only 840 square feet, the living space is quite compact, which may limit its appeal to larger families or buyers looking for modern, spacious interiors.
Built in 1950, the home may require updates to major systems such as electrical, plumbing, and insulation to meet current building standards and energy efficiency expectations.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-8 • 0.1 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 840 | - |
| Lot Size | 7,645 | - |
| Price | $330.0K | $495.4K |
| Price per sq ft | $393 | $290 |
| Built year | 1950 | 0 |
| HOA | $0 | $0 |
| Days on market | 41 | 1260 |
Jun 25, 2026
$329,999
$340,000
-3% Price Drop
Initial Listing
Jun 11, 2026
$340,000
Initial Listing