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Courtesy of Windermere Real Estate & Property Management, Bruce Swift Listing Contact: 480-766-6695 
6 Beds
4 Baths
3,147 sqft

$548,000

2642 N 31ST Street, Phoenix AZ, 85008

Price per sqft$174.13
Built in1945
Property size3,147 sqft
Property typeResidential

Overview

Active

Listed Mar 6, 2026

Updated 17h ago

GREAT investment opportunity!! RARE DOUBLE/TRIPLE SIZE LOT!! ATTENTION INVESTORS AND BUILDERS. See photos with potential development ideas. A Unique Find. Currently rented for $3,500/mo and tenant has been there for 5 years and wants to stay! 3,150+ sf with multiple separate living areas, with a total of: 3 kitchens, 6 bedrooms, 4 baths, & 3 family rooms! The prior owner used them as separate rentals as they are literally two/three separate homes. Large rental home on this amazing RARE LARGE parcel size of 17,000sf!! Zoning is R1-6, so each lot (without a variance) needs a minimum of 6,000sf per lot, but many lots in the area are less than 6,000sf. Check with city to verify all. No variance needed if you split the site into two lots. Do NOT disturb tenants, drive-by Only! A door connects the two main homes. The door can be locked and/or eliminated then they are two completely separate living areas, each with their own kitchen, bedrooms, baths, family rooms! Or leave the door open and it's one large home. Plus, the attached Casita/Guest house (South unit) is 750sf and consists of: 1 bedroom, 1 bath, 1 kitchen, living room. Location is perfect, easy access to the 202 & 51 and minutes from Downtown Phoenix! No HOA. Hot Area with many new homes being built!

$3,646/mo

Est. mortgage payment based on a $548,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
6993340

Interior Features

Bedrooms
6
Bathrooms
4
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.4 Acres

Other Property Details

Taxes
$2,829
Tax Frequency
Annually
Garage
Yes

Courtesy of Windermere Real Estate & Property Management, Bruce Swift

Listing Contact: 480-766-6695 

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Data Last Updated: 4:02 AM UTC, 10/7/2026.

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