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$1,199,000

Est. payment - /mo

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7 Beds

5 Baths

4,176 SqFt

Price Dropped by $100K

2545 N 29TH Place Phoenix, AZ 85008

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Tanya Hoffman

tanya@retsy.com +1(480) 710-6955

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Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 4,176 sqft

Price per Sqft $287

Subdivision East Thomas Road Tract 2

MLS Listing ID 6984908

Style Contemporary

Bedrooms 7

Full Baths 5

HOA Y/N No

Year Built 1991

Annual Tax Amount $4,923

Tax Year 2025

Lot Size 0.316 Acres

Acres 0.32

Property Sub-Type Single Family Residence

Source Arizona Regional Multiple Listing Service (ARMLS)

Property Description

Excellent investment opportunity in a centrally located Phoenix neighborhood. This property sits on approx 13,000 sq ft, offering the potential to split the lot (buyer to verify with the City of Phoenix). The seller has already completed preliminary work, including plans, survey, and structural engineering for a proposed 4-bed single-family home. The existing residence is an 8-bed, 5-bath home, completed in 2023 with modern finishes, including quartz countertops, shaker-style cabinetry, vinyl flooring, and LED lighting. The home features two full kitchens, making it ideal for a group home or multi-generational living. Currently leased month-to-month at $6,000 per month, the tenant would like to remain and is willing to renew, providing immediate income potential for an investor.

Location

State AZ

County Maricopa

Community East Thomas Road Tract 2

Area Maricopa

Direction Head West on Thomas to 29th Pl. Turn South on 29th Pl. Home is on the Southeast side of the street at Virginia and 29th Place.

Rooms

Master Bathroom Double Sink

Master Bedroom Downstairs

Den/Bedroom Plus 7

Separate Den/Office N

Interior

Interior Features Non-laminate Counter, Double Vanity, Master Downstairs, Pantry

Heating Electric

Cooling Central Air, Ceiling Fan(s)

Flooring Laminate

Fireplace No

Window Features Dual Pane

Appliance Dryer, Washer, Refrigerator, Built-in Microwave, Dishwasher, Electric Range

SPA None

Exterior

Parking Features Separate Strge Area

Carport Spaces 2

Fence Perimeter, Chain Link, Wood

Utilities Available SRP

Roof Type Composition

Private Pool No

Building

Lot Description Dirt Back, Grass Front

Story 2

Builder Name unknown

Sewer Public Sewer

Water City Water

Architectural Style Contemporary

New Construction No

Schools

Elementary Schools Monte Vista Elementary School

Middle Schools Monte Vista Elementary School

High Schools Camelback High School

School District Phoenix Union High School District

Others

HOA Fee Include No Fees

Senior Community No

Tax ID 120-25-020

Ownership Fee Simple

Acceptable Financing Cash, Conventional

Horse Property N

Disclosures Seller Discl Avail

Possession Close Of Escrow

Listing Terms Cash, Conventional

Special Listing Condition Owner/Agent

Listed by Realty ONE Group • Samira Jafari