$340,000
Phoenix, AZ 85031
MLS# 6935697
1 / 44
Property Description
Motivated seller! This property boasts a beautifully designed 3-bedroom, 2-bath main residence, complemented by a separate studio that can serve as a lucrative rental space or offer privacy and convenience for extended family members or visiting guests. A versatile gem that seamlessly blends comfortable living with fantastic investment potential with NO HOA. This property is a unique offering in the Phoenix real estate market, ideal for families, investors, or anyone looking to enjoy the flexibility of a dual-purpose living space. Situated directly across from Marivue Park, you have the convenience of walking out your front door and immediately accessing facilities for volleyball, basketball or simply enjoying a walk—all right at your doorstep.
Details
Maps
Contract Info
Ownership: Fee Simple
Current Price: $340,000
List Price: $340,000
Status: Active
List Date: 2025-10-18
Location, Tax & Legal
Assessor's Map #: 38
Assessor's Parcel #: 22
Add'l Parcels: No
Tax Municipality: Maricopa - COUNTY
Taxes: 1960
Legal: MARYVALE TERRACE 19 LOT 6562
Marketing Name: SFR & Studio on 55th ave
House Number: 3115
Compass: N
Street Name: 55th
St Suffix: Avenue
City/Town Code: Phoenix
State/Province: AZ
Zip Code: 85031
County Code: Maricopa
Assessor Number: 103-38-022
Tax Year: 2024
General Property Description
# of Buildings: 1
Uncvrd Parking Spcs: 4
Lot Size Dimensions: 100.37*73.27
Total # of Units: 2
Elementary School District: Cartwright Elementary District
High School District: Phoenix Union High School District
Year Built: 1959
Zoning: [R-6]
Project Type
Duplex: 1
Construction
Brick: 1
Const - Finish
Painted: 1
Roofing
Composition: 1
Floors
Ceramic Tile: 1
Sale Includes
Land & Building: 1
Income & Expenses
Annual Ins Exp: 700
Owner Association: No
Annual Ownr Asoc Fee: 0
Operating Exp: 2660
Other Income: 0
Vacancy Allowance: 0.05
Adjusted Gross Inc: 0
Pmt & Rate Info
Equity: 345000
Down Payment %: 0
Monthly Payments: 0
Total Owed: 0
Showing Notification Methods
Showing Service: Aligned Showings
Text: 1
Email: 1
Phone Call: 1
Lockbox Type
Supra: 1
Community Features
Other: 1
Heating
Central: 1
Cooling
Ceiling Fan(s): 1
Electric: 1
Tenant Pays
Gas: 1
Water: 1
Sewer: 1
Electricity: 1
Trash Collection: 1
Appliances Included
Refrigerator: 1
Built-In Range: 1
Washer/Dryer: 1
Road Surface Type
Asphalt: 1
Source of Fincl Data
Projected Proforma: 1
Water Source
City Franchise: 1
Master Meter: 1
Sewer
Sewer - Public: 1
Parking Features
Carport: 1
On Street: 1
Electric
SRP: 1
Master Meter: 1
Gas
SW Gas: 1
Master Meter: 1
Owner Pays
Water: 1
Sewer: 1
Electric: 1
Gas: 1
Trash Collection: 1
New Financing
Cash: 1
Conventional: 1
Existing 1st Loan
Private: 1
Reports/Disclosures
None: 1
Environmental
None: 1
Efficiency Units
# Efficiency Units: 1
Avg Rent: 800
Avg SqFt: 330
# Baths: 1
1 Bedroom Units
Avg Rent: 0
2 Bedroom Units
Avg Rent: 0
3 Bedrooms Units
# 3 Bedroom Units: 1
Avg Rent: 1900
Avg SqFt: 1457
# Baths: 2
4 Bedrooms Units
Avg Rent: 0
Remarks Misc
Cross Street: N 55th Ave & W Osborn Rd
Directions: I-10 W to 51st Ave, turn right onto 51st Ave, then turn left onto W Thomas Rd, then go right onto N 55th Ave.
Geo Lat: 33.48475
Geo Lon: -112.177495
Legal Info
Lot Number: 6562
Property Features
Project Type: Duplex
Construction: Brick
Const - Finish: Painted
Roofing: Composition
Floors: Ceramic Tile
Sale Includes: Land & Building
Community Features: Other
Appliances Included: Built-In Range; Refrigerator; Washer/Dryer
Heating: Central
Cooling: Ceiling Fan(s); Electric
Water Source: City Franchise; Master Meter
Sewer: Sewer - Public
Electric: SRP; Master Meter
Gas: SW Gas; Master Meter
Parking Features: Carport; On Street
Road Surface Type: Asphalt
Owner Pays: Water; Electric; Gas; Trash Collection
Tenant Pays: Water; Sewer; Electricity; Gas; Trash Collection
Source of Fincl Data: Projected Proforma
Showing Notification Methods: Text; Email; Phone Call
Lockbox Type: Supra
Existing 1st Loan: Private
New Financing: Cash; Conventional
Environmental: None
Listing Office: Better Homes & Gardens Real Estate SJ Fowler
Last Updated: December - 18 - 2025
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