1612 S 5th Street, Phoenix, AZ 85004

Phoenix
Local realty services provided by:Better Homes and Gardens Real Estate S.J. Fowler
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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1945
  • Listing ID #:7022580
  • Updated:May 02, 2026 at 06:47 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
MLS LogoAll information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2020 Arizona Regional Multiple Listing Service, Inc. All rights reserved.

New listings near 1612 S 5th Street