MLS# 7063323 – 2242 E Chipman Road, Phoenix, AZ 85040

Price: $295,000
Beds: 3
Baths: 1
Living Area SqFt: 1,036
Status: Active Under Contract
Property Type: Single Family Residence
Lot Size Acres: 0.17
Lot Size SqFt: 7,484
Year Built: 1963
Neighborhood: Sheraton Park 1
Days on Website: 26

Courtesy of Compass

Property Description

This 3-bedroom, 1-bath property is full of potential and ready for transformation. Sitting on a 7,484 sq ft lot, this home already features key upgrades including a newer roof, AC, fresh interior/exterior paint, bedroom carpets and an RV gate. A detached shed with electrical offers additional space for a workshop, storage, or future conversion. Whether you’re looking for your next flip, a long-term rental, or a place to call home, this one is a must-see opportunity!

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Property Details and Features

  • Appliances & Equipment
  • “Dryer”
  • “Washer”
  • “Refrigerator”
  • “Electric Range”
  • Bathrooms
  • 1 full bathroom
  • 1 total bathroom
  • Bedrooms
  • 3 total bedrooms
  • Building
  • Built in 1963
  • Living area: 1036
  • Construction materials: “Wood Frame”, “Painted”, “Block”
  • Other structures: “Workshop”, “Shed(s)”
  • Cooling
  • “Central Air”
  • Exterior Features
  • “Storage”
  • Fence
  • “Block”
  • Floors
  • “Carpet”
  • “Vinyl”
  • “Tile”
  • Heating
  • “Electric”
  • Home Owner’s Association
  • Association fee includes: “No Fees”
  • Interior Features
  • “Eat-in Kitchen”
  • “No Interior Steps”
  • “Laminate Counters”
  • Listing
  • Listing ID: 7063323
  • Standard status: Active Under Contract
  • 28 days on market
  • Location
  • Subdivision name: SHERATON PARK 1
  • Lot
  • 0.17 acres
  • 7,484 sqft
  • “North/South Exposure”
  • “Alley”
  • “Dirt Front”
  • “Dirt Back”
  • Parking
  • “RV Gate”
  • Possession
  • “Close Of Escrow”
  • Roof
  • “Composition”
  • Schools
  • Elementary school: Martin Luther King Early Childhood Center
  • High school: South Mountain High School
  • High school district: Phoenix Union High School District
  • Sewer
  • “Public Sewer”
  • Taxes
  • Annual amount: $567
  • Lot: 36

Property Map

$295,000 – 2242 E Chipman Road, Phoenix, AZ 85040

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This content last updated on September 2, 2026 1:13PM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.