2642 N 31st Street, Phoenix, AZ 85008

$549,000
6
BD
4
BA
3,147
SqFt

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List Price
$549,000
Status
ACTIVE
Days on Market
166
Price Change
▼ $45,990 1784243727
MLS#
6993340
Subtype
Residential
Style
Mid-Century Modern
Year Built
1945
Bedrooms
6
Bathrooms
4
Full Baths
3
Half Baths
1
Living Area
3,147
Lot Size
17,533
Acres
0.40
Subdivision
Matthews Tract

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!

Additional Information

Interior Features
Full Bth Master Bdrm, Double Vanity, 2 Master Baths, Eat-in Kitchen, Breakfast Bar, High Speed Internet, No Interior Steps
Exterior Features
Storage, Private Yard
Taxes
$2,829
Property Description
Mid-Century Modern
Flooring
Vinyl, Tile
Heating
Electric, Natural Gas, Forced Air, Heat Pump
Air Conditioning
Ceiling Fan(s), Central Air, Programmable Thmstat, Heat Pump
Exterior Construction
Block, Wood Frame, Painted, Stucco, Aluminum Siding, Wood Siding
Stories
1
Parking Features
RV Gated, Detached Garage
Garage Spaces
2
Elementary School
Monte Vista Elementary School
Middle School
Monte Vista Elementary School
High School
Camelback High School

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Bruce Swift (480-766-6695) from Listing Office: 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.