1021 E ODEUM Lane, Phoenix, AZ 85040, Phoenix, 85040 - 4 bed, 3 bath
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Phoenix, AZ 85040
This Modern Single Family Residence represents a High-Potential Investment Opportunity, listed at $420,000—positioned well below the $474,330 Fair Market Value by 11%. This valuation gap provides $54,330 in Instant Equity for the buyer. Featuring a Mint Condition Rating and a Covered Patio, this 2020-built home offers turnkey convenience near major transit arteries. While the local high school rating is modest, the property’s modern construction and strategic location make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1021 E ODEUM Lane Subject | $415,000* List Price | 4 | 3 | 1,992 | $225 | - |
A 1011 E LA SALLE Street Sold | $360,400 | 3 | 3 | 1,547 | $233 | 1.0 mi |
B 1011 E LA SALLE Street Sold | $360,400 | 3 | 3 | 1,548 | $233 | 1.0 mi |
C 1018 E ODEUM Lane Active | $375,000 List Price | 3 | 3 | 1,892 | $198 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2020, this property is less than 10 years old and in mint condition. The kitchen features modern white shaker cabinetry, stainless steel appliances, and contemporary finishes. Systems including HVAC and electrical are nearly new, and the interior shows no signs of wear, requiring no maintenance or updates.
Built in 2020, this newer home offers the peace of mind that comes with modern building codes, energy-efficient systems, and contemporary finishes, minimizing immediate maintenance costs.
The property boasts excellent proximity to major transit arteries including I-10, I-17, and Loop 202, providing a seamless commute to downtown Phoenix and local amenities like South Mountain Park.
With 4 bedrooms and 3 bathrooms across nearly 2,000 square feet, the floor plan provides ample space for growing families, multi-generational living, or dedicated home office setups.
The lot size of 3,382 square feet is relatively compact, which may be a drawback for buyers seeking a large private yard, swimming pool, or extensive gardening opportunities.
The local high school carries a lower performance rating, which could be a significant consideration for families prioritizing academic metrics or concerned about long-term resale value.
Welcome to Odeum Lane, a newer-built home w/potential to grow. Light, comfortable, & thoughtfully designed, this home offers a clean canvas for personal style while providing the everyday features buyers appreciate. Step outside to a lovely backyard w/ a covered patio, ready to become your own outdoor retreat-whether you envision morning coffee, weekend gatherings, a garden space, or a cozy desert-inspired lounge area.The attached 2-car garage adds convenience, storage, and functionality for daily living. Set in a growing South Phoenix location, this home offers easy access to Target, Fry's, restaurants, parks, & community centers. Easy access to I-10, I-17, and Loop 202, commuting to downtown Phoenix. Those who love the outdoors, South Mtn & Preserve miles of hiking and biking trails
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,992 | - |
| Lot Size | 3,382 | - |
| Price | $415.0K | $495.4K |
| Price per sq ft | $208 | $290 |
| Built year | 2020 | 0 |
| HOA | $66 | $0 |
| Days on market | 43 | 1260 |
Jun 29, 2026
$415,000
$420,000
-1% Price Drop
Initial Listing
Jun 10, 2026
$420,000
Initial Listing