2642 N 31st Street, Phoenix, AZ 85008
- $549,000
- 6
- BD
- 4
- BA
- 3,147
- SqFt
- List Price
- $549,000
- Price Change
- ▼ $45,990 1784243727
- Days on Market
- 145
- Status
- ACTIVE
- MLS#
- 6993340
- City
- Phoenix
- Bedrooms
- 6
- Bathrooms
- 4
- Living SQFT
- 3,147
- Lot Size
- 17,533
- Subdivision
- Matthews Tract
- Year Built
- 1945
- Type
- Single Family Residence
Property Description
Do NOT disturb tenants, drive-by Only! 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. No variance needed if you split the site into two lots. There is a door which connects the two main homes. The door can be locked and 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 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!
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Additional Information
- Elementary School
- Monte Vista Elementary School
- High School
- Camelback High School
- Middle School
- Monte Vista Elementary School
- Acres
- 0.40
- Architecture
- Mid-Century Modern
- Assoc Fee Includes
- No Fees
- Builder Name
- unknown
- Community Features
- Transportation Svcs, Near Bus Stop
- Construction
- Block, Wood Frame, Painted, Stucco, Aluminum Siding, Wood Siding
- Cooling
- Ceiling Fan(s), Central Air, Programmable Thmstat, Heat Pump
- Exterior Features
- Storage, Private Yard
- Fencing
- Block, Chain Link, Back Yard, Front Yard, Perimeter
- Flooring
- Vinyl, Tile
- Garage Spaces
- 2
- Accessibility Features
- Zero-Grade Entry
- Heating
- Electric, Natural Gas, Forced Air, Heat Pump
- Laundry
- Washer Hookup, Gas Dryer Hookup
- Living Area
- 3,147
- Lot Size
- 17,533
- New Financing
- Cash, VA Loan, FHA, Conventional
- Other Rooms
- Family Room, Great Room, Guest Qtrs-Sep Entrn, Separate Workshop
- Parking Features
- RV Gated, Detached Garage
- Lot Features
- Corner Lot, East/West Exposure, Gravel/Stone Front, Gravel/Stone Back, Grass Front, Grass Back
- Roofing
- Composition
- Spa
- None
- Stories
- 1
- Style
- Mid-Century Modern
- Subdivision
- Matthews Tract
- Taxes
- $2,829
- Tax Year
- 2025
- Water
- Public
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Listing courtesy of Windermere Real Estate & Property Management.
All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved.