$387,500

2925 W Highland Ave Phoenix, AZ 85017

$4,602
Closing credit¹
4 beds
3 baths
1,684 sqft
0.2 acres
$230 / sqft
House

Property details

About 2925 W Highland Ave

Looking for a solid investment property with rental income potential? This well-built block home offers a unique opportunity, featuring a main house split into two separate units for maximum rental flexibility. The main house includes: a 2-bedroom, 1-bath unit with a full kitchen, and a 1-bedroom, 1-bath unit with a kitchenette. In addition to these units, there's a Studio ADU in the backyard, complete with a full bathroom and kitchenette. Both main house bathrooms boast tile showers, and the home features newer windows and a new HVAC unit. The side apartment and the ADU each have their own mini-split HVAC system for efficient temperature control. The large backyard is ready to be transformed into an entertainment paradise, and already includes a covered porch and storage shed. The ADU is currently rented for $950/month, and the 1-bed, 1-bath unit is rented for $850/month, with tenants in place who would love to stay. A separate laundry room off the back of the home is shared by all units for added convenience. All utilities are split between the units, maximizing income potential. This property is perfectly located near GCU, shopping, entertainment, and transportation, making it an ideal investment opportunity. Don't miss out on this great income-generating property!

Highlights

Home typeSingle Family Residence
HeatingNatural Gas
StatusActive
Size1,684 sqft
Lot size0.16 Acres
Year built1953
MLS #6822859

Summary

  • MLS Number: 6822859
  • MLS Name: Arizona Regional Multiple Listing Service 2
  • Office Name: Redfin Corporation
  • Office Phone: (602) 483-4919
  • Office Email: kristi.penrod@redfin.com
  • Listing Agent: Shelly Dickenson

IDX The data relating to real estate for sale on this site comes from the Broker Reciprocity/IDX of Arizona Regional Multiple Listing Service, Inc. Indicates a property listed by a real estate brokerage other than Rocket Homes Real Estate, LLC. All information should be verified by the recipient and none is guaranteed as accurate by ARMLS. No warranties, expressed or implied, are provided for the data herein, or for their use or interpretation by the user. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Arizona Regional Multiple Listing Service, Inc. do not create, control or review the property data displayed herein and take no responsibility for the content of such records. Federal law prohibits discrimination on the basis of race, color, religion, sex, handicap, familial status or national origin in the sale, rental or financing of housing. Information deemed reliable but not guaranteed. Copyright© 2025 Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/22/2025, 7:20:53 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of property with covered porch

$387,500

2925 W Highland Ave

$4,602

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Apr 07, 2011
Home Sold
$25,500

Tax history

YearAssessmentProperty Tax
2024$26,800$1,491
2023$24,420$1,193
2022$16,960$1,216
2020$13,360$1,165
2019$11,570$1,055
2017$8,350$1,042

History based on county public records data.

Nearby schools

2

Granada Elementary School - West Campus

Public District KG-4

0.3 mi

3232 W Campbell Ave

1

Westwood Elementary School

Public District KG-5

0.9 mi

4711 N 23rd Ave

2

Sevilla Elementary School - East Campus

Public District KG-4

1.3 mi

3801 W Missouri Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $36,771. Residents of Phoenix, AZ typically earn less than $<35k each year. Residents typically live in married, with kids family. The majority of residents in this area have high school diploma education.

How much money do the neighbors make?

48%
<35k
38%
35k-100k
13%
100k-200k
1%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

26%
Single, No Kids
20%
Single, with Kids
18%
Married, No Kids
36%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

24%
<11 yrs old
11%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
6%
65+ yrs old

What do the neighbors do for fun?

  • Mexican League SoccerMexican League Soccer
  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • Ross Dress For LessRoss Dress For Less
  • Foot LockerFoot Locker
  • BurlingtonBurlington

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • Little CaesarsLittle Caesars
  • White CastleWhite Castle

What do the neighbors drive?

  • NissanNissan
  • DodgeDodge
  • KiaKia

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 2925 W Highland Ave

This home is located at 2925 W Highland Ave in Phoenix, AZ and zip code 85017 in the Northwest Village neighborhood. This 1,684 square foot home, which was built in 1953, sits on a 0.16 acre lot. Features: 4 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since February 21, 2025 and is currently priced at $387,500.

While more than 128 listings in Phoenix, AZ in January 2025 were sold above asking price, there were more than 242 listings sold at asking price, and more than 583 were sold below. The inventory of homes for sale in Phoenix, AZ between December and January 2025 increased by 12.9%. In January 2025 median list price was $455,485 and the average listing age was 74 days.

From Rocket Homes Real Estate and based on county public records data.

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