1612 S 5th Street, Phoenix, AZ 85004

Phoenix
Local realty services provided by:ERA Four Feathers Realty, L.C.
1612 S 5th Street,Phoenix, AZ 85004
$250,000
  • 3 Beds
  • 2 Baths
  • 1,232 sq. ft.
  • Single family
  • Active
Listed by: jose a reyes alvarez
Office: retsy
MLS#:7022580
Source:ARMLS

Price summary

  • Price:$250,000
  • Price per sq. ft.:$202.92

About this home

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...

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Home facts

  • Year built:1945
  • Listing ID #:7022580
  • Updated:May 02, 2026 at 10:47 PM

Rooms and interior

  • Bedrooms:3
  • Total bathrooms:2
  • Flooring:Tile
  • Living area:1,232 sq. ft.

Structure and exterior

  • Year built:1945
  • Building area:1,232 sq. ft.
  • Lot area:0.15 Acres
  • Lot Features:Dirt Back, Dirt Front
  • Construction Materials:Painted, Stucco

Schools

  • High school:Central High School
  • Middle school:Silvestre S Herrera School
  • Elementary school:Silvestre S Herrera School

Utilities

  • Water:City Water

Finances and disclosures

  • Price:$250,000
  • Price per sq. ft.:$202.92
  • Tax amount:$997 (2025)

Features and amenities

  • Pool features:Play Pool

Parking

  • Parking description:RV Access/Parking
  • Carport spaces:1
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