1612 S 5th St

2
Baths
1,232 Sq. Ft.
$166 / Sq. Ft.
1,232
Sq. Ft.
$166
per Sq. Ft.

Description

Investor opportunity in central Phoenix priced at approximately 52% of ARV. Listed at $250,000 with a projected ARV of $475,000, this property offers a $225,000 equity spread before rehab and sits well below the 70% rule of thumb most flippers target. The spread is intentional and reflects the scope of work remaining. The home is currently configured as a 2 bed 1 bath with an additional bedroom and bathroom that has been closed off from the main living area. Previous renovations got fairly far along...Investor opportunity in central Phoenix priced at approximately 52% of ARV. Listed at $250,000 with a projected ARV of $475,000, this property offers a $225,000 equity spread before rehab and sits well below the 70% rule of thumb most flippers target. The spread is intentional and reflects the scope of work remaining. The home is currently configured as a 2 bed 1 bath with an additional bedroom and bathroom that has been closed off from the main living area. Previous renovations got fairly far along with electrical work but the project is unfinished. There is no HVAC system in place, so a full install with ductwork should be factored into rehab. Most of the home is opened up to framing, giving the next buyer a clean canvas to design around their exit strategy rather than working through finished surfaces. The highest leverage play here is a roughly 400 square foot addition between the front and rear sections of the home to create a true central living room. That converts the property into a proper 3 bed 2 bath layout with normal flow, which is what retail buyers in this price bracket consistently pay for. This is the path to the $475K ARV. The strongest hidden edge on this property is the backyard. The seller installed a higher end pool a few years ago and based on a review of recent comparable sales in the area, no comps under 500k have pools. That is a meaningful differentiator on the resale side and a feature retail buyers in Phoenix consistently pay a premium for, especially in this price bracket. This is a project, not a paint and carpet flip. The numbers work because the price reflects the scope. For the right investor with a contractor lined up, the combination of a 52% ARV entry, a framing-level canvas, an addition opportunity, and a pool that none of the comps have is the kind of setup that does not come around often in this market. Serious inquiries only. Proof of funds required.
  1. Listed by Jose A Reyes Alvarez • Brokerage DRE #LC692844000 • RETSY
    P: (602)-903-8565 C: (602)-903-8565 jose@retsy.com

Property Details for 1612 South 5th Street

Subdivision Name
COPE ADD BLKS 7-10
View YN
Yes
LISTING UPDATED: 05/19/2026 04:59 PM

Property Details for 1612 South 5th Street

StatusClosed
MLS #7022580
Days on Market17
Taxes$997 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1945
Lot Size0.15 AC / 6,335 SF
CountyMaricopa County

Location

Listing Courtesy of RETSY

Sold By RETSY

Add your commute

Building Information for 1612 South 5th Street

Stories1Year Built1945Building Size-Lot Size0.15 AC / 6,335 SF

Payment Calculator

$1,105 per month

30 year fixed, 6.36% Interest

Principal and Interest

$1,022

Property Taxes

$83

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 1612 South 5th Street

Summary
Location and General Information
  • Unparsed Address: 1612 S 5TH Street, Phoenix, AZ 85004
  • City: Phoenix
  • Coordinates: -112.067674, 33.432328
  • Country: US
  • County Or Parish: Maricopa
  • Cross Street: S 7th St & Buckeye Rd
  • Directions: South on 7th St to Pima St and head West....Pima to s 5th St and head South....5th St to home.
  • Latitude: 33.432328
  • Longitude: -112.067674
  • Postal City: Phoenix
  • Postal Code: 85004
  • Postal Code Plus4: 2816
  • State Or Province: AZ
  • Street Suffix: Street
  • Year Built: 1,945
Taxes and HOA
  • Association Fee Includes: No Fees
  • Association YN: No
  • Tax Annual Amount: $997.00
  • Tax Block: 3
  • Tax Book Number: 112.00
  • Tax Legal Description: COPE ADD
  • Tax Lot: 11
  • Tax Map Number: 40.00
  • Tax Year: 2,025
Parking
  • Carport Spaces: 1
  • Carport YN: Yes
  • Covered Spaces: 1
  • Garage Spaces: 0
  • Garage YN: No
  • Open Parking Spaces: 0
  • Parking Features: RV Access/Parking
School Information
  • Elementary School: Silvestre S Herrera School
  • Elementary School District: Phoenix Elementary District
  • High School: Central High School
  • High School District: Phoenix Union High School District
  • Middle Or Junior School: Silvestre S Herrera School
Property
Lot Information
  • Building Area Total: 1,232
  • Building Area Units: Square Feet
  • Living Area: 1232.0
  • Living Area Source: Assessor
  • Living Area Units: Square Feet
  • Lot Features: Dirt Front, Dirt Back
  • Lot Size Acres: 0.15
  • Lot Size Area: 6335.0
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6335.0
  • Lot Size Units: Square Feet
Property and Assessments
  • Builder Name: Unknown
  • Building Area Source: Assessor
  • Disclosures: None
  • Documents Change Timestamp: 05-02-2026 03:50:25 PM
  • Documents Count: 1
  • Floor Plans Change Timestamp: 05-02-2026 08:50:25 AM
  • Ownership: Fee Simple
  • Parcel Number: 11240058
  • Property Attached YN: No
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Public Survey Range: 3E
  • Public Survey Section: 17
  • Public Survey Township: 1N
Utilities
  • Electric On Property YN: Yes
  • Sewer: Public Sewer
  • Water Source: City Water
Interior and Exterior Features
Exterior Features
  • Construction Materials: Stucco, Wood Frame, Painted
  • Fencing: Block, Wood
  • Horse YN: No
  • Pool Features: Play Pool
  • Pool Private YN: Yes
  • Roof: Composition, Rolled/Hot Mop
  • Stories Total: 1
Interior Features
  • Bathrooms Total Integer: 2
  • Bedrooms Possible: 3
  • Bedrooms Total: 3
  • Cooling: Other
  • Cooling YN: Yes
  • Fireplace YN: No
  • Flooring: Tile
  • Heating: None
  • Heating YN: No
  • Interior Features: 3/4 Bath Master Bdrm
  • Spa Features: None
  • Number of Interior Levels: 1.0
Room Information
Room Information
  • Rooms Total: 0
Rental
Rent Information
  • Land Lease YN: No

Property History for 1612 South 5th Street

DateEvent & SourcePriceAppreciation
May 19, 2026

Sold

ARMLS #7022580

$205,000—
May 13, 2026

Pending

ARMLS #7022580

—
May 7, 2026

In Contract

ARMLS #7022580

—
DateEvent & SourcePrice
05/19/2026

Sold

ARMLS #7022580

$205,000
05/13/2026

Pending

ARMLS #7022580

—
05/07/2026

In Contract

ARMLS #7022580

—

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1612 South 5th Street

Taxable ValueLand-Additions-Total-
Tax Record2025$997 ($83 / month)
Home Facts
Beds0Total Finished SqFt1,232 SqFtAbove Grade Finished SqFt1,232 SqFtStories1Lot Size6,335 SqFtStyleSingle Family ResidenceYear Built1945ZoningM-MCountyMARICOPAAPN112-40-058

Schools near 1612 South 5th Street

This home is within Phoenix Elementary District.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - 9 to 12
Public - K to 8
Rating
School
Distance
Silvestre S Herrera School
PublicPK to 8

Central High School
Public9 to 12

Phoenix Coding Academy
Public9 to 12

Phoenix #1 Iacademy
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RETSY

The data relating to real estate listings on this website comes in part from the Internet Data Exchange (IDX) program of Multiple Listing Service of Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service. 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. Listings provided by brokerages other than Compass are identified with the ARMLS logo. All Information Is Deemed Reliable But Is Not Guaranteed Accurate. All information should be verified by the recipient and none is guaranteed as accurate by ARMLSListing information Copyright© 2026 Northern Arizona Association of REALTORS, Prescott Area Association of REALTORS and Arizona Regional Multiple Listing Service, Inc. All Rights Reserved.