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$223,000
2 Beds 1 Baths 7070589 MLS Cope Add Blks 7-10 SubDv. ACTIVE Status
OPPORTUNITY AWAITS IN CENTRAL PHOENIX! This 2-bedroom, 1-bath property sits on a generous 6,337 sq. ft. lot, offering investors and buyers an exciting opportunity to bring their vision to life. The existing home provides a solid starting point, while the expansive lot creates room to imagine what's possible and make the property your own. Location is a major highlight, with Downtown Phoenix just minutes away and convenient access to major freeways, public transportation, restaurants, shopping, entertainment, parks, schools, and everyday amenities. With no HOA and a centrally located lot in an established Phoenix neighborhood, this property offers the flexibility and location investors look for when searching for their next opportunity. Bring your vision and explore the possibilities!

1613 S 5th Street, Phoenix

$699,900
6 Beds 4 Baths 7053495 MLS Cope Add Blks 7-10 SubDv. ACTIVE Status
SELLER OFFERING $12,000 IN CLOSING CONCESSIONS! Use toward an interest-rate buydown or eligible closing costs. Built in 2025 with $70K+ in premium custom upgrades, this turnkey Central Phoenix duplex features two spacious 3BR/2BA units. Interior highlights include tile flooring throughout, high-efficiency spray foam insulation, private laundry rooms, and all appliances. Exterior features include a gated/fenced front yard, covered outdoor pergola with ceiling fans, artificial turf, privacy ficus trees, and separate RV gates. Unit 2 boasts newly renovated bathrooms. Separate electric meters; tenants pay water, sewer, and electric. Strong income potential with multiple rental strategies. Perfect for investors or owner-occupants!

1724 S 1st Street, Phoenix

$205,000
3 Beds 2 Baths 7022580 MLS Cope Add Blks 7-10 SubDv. CLOSED Status
Investor opportunity in central Phoenix priced at approximately 52% of ARV. Listed at $250,000 with a projected ARV of $475,000, this property offers a $225,000 equity spread before rehab and sits well below the 70% rule of thumb most flippers target. The spread is intentional and reflects the scope of work remaining. The home is currently configured as a 2 bed 1 bath with an additional bedroom and bathroom that has been closed off from the main living area. Previous renovations got fairly far along with electrical work but the project is unfinished. There is no HVAC system in place, so a full install with ductwork should be factored into rehab. Most of the home is opened up to framing, giving the next buyer a clean canvas to design around their exit strategy rather than working through finished surfaces. The highest leverage play here is a roughly 400 square foot addition between the front and rear sections of the home to create a true central living room. That converts the property into a proper 3 bed 2 bath layout with normal flow, which is what retail buyers in this price bracket consistently pay for. This is the path to the $475K ARV. The strongest hidden edge on this property is the backyard. The seller installed a higher end pool a few years ago and based on a review of recent comparable sales in the area, no comps under 500k have pools. That is a meaningful differentiator on the resale side and a feature retail buyers in Phoenix consistently pay a premium for, especially in this price bracket. This is a project, not a paint and carpet flip. The numbers work because the price reflects the scope. For the right investor with a contractor lined up, the combination of a 52% ARV entry, a framing-level canvas, an addition opportunity, and a pool that none of the comps have is the kind of setup that does not come around often in this market. Serious inquiries only. Proof of funds required.

1612 S 5th Street, Phoenix

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