1209 N 47TH Place, Phoenix, AZ 85008, Phoenix, 85008 - 2 bed, 1 bath
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Phoenix, AZ 85008
This 2-bedroom townhome is a High-Potential Investment Opportunity, listed at $194,900—positioned well above the $174,137 Fair Market Value by -11%. Featuring a Condition Rating of 3, the unit offers modernized interior finishes like shaker-style cabinets and wood-look flooring. While the compact 880 sqft layout and market stagnation present challenges, the scenic mountain views and proximity to hiking and freeways provide distinct lifestyle appeal. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1209 N 47TH Place Subject | $187,900* List Price | 2 | 1 | 880 | $195 | - |
A 4756 E MORELAND Street Sold | $189,900 List Price | 2 | 1 | 880 | 0.0 mi | |
B 1251 N 47th Place Sold | $197,000 | 2 | 2 | 968 | $204 | 0.1 mi |
C 1251 N 47th Place Sold | $197,000 | 2 | 2 | 968 | $204 | 0.1 mi |
D 4759 E BELLEVIEW Street Active | $199,000 List Price | 2 | 1 | 968 | $206 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building was constructed in 1972, the interior has been updated with modern wood-look flooring, shaker-style kitchen cabinets, and a neutral paint palette. The unit appears well-maintained and move-in ready, though the popcorn ceilings and exterior age prevent an excellent rating.
The home features contemporary upgrades including shaker-style cabinetry, wood-look flooring, and a functional kitchen peninsula, providing a move-in-ready aesthetic.
The property offers desirable mountain views, a premium feature that enhances the living experience and adds unique value compared to similar units in the area.
Conveniently located near major freeways, hiking trails, and golfing, making it an ideal spot for active professionals or those prioritizing a short commute.
At only 880 square feet with a single bathroom, the compact layout may be a constraint for small families or buyers seeking more spacious accommodations.
With 46 days on the market and three consecutive price reductions, the property has struggled to gain traction, which may affect buyer confidence regarding its initial valuation.
This lovely 2-bedroom townhome is the one for you! Inside, you'll find bright living areas designed with comfort in mind, ready for your personal touch, featuring wood-look flooring, plenty of natural light, and a soothing palette that makes you want to stay. The kitchen comes equipped with shaker-style cabinets, a spacious peninsula, a walk-in pantry, and built-in appliances for a seamless cooking experience. Both bedrooms boast carpeting underfoot and a nice closet space. You'll have access to convenient carport parking. Great location close to the freeway, hiking, and golfing! What's not to love? Make it yours!
No exterior & parking available.
Grades PK-6 • 0.2 mi
Grades 9-12 • 4.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 880 | - |
| Lot Size | 839 | - |
| Price | $187.9K | $310.8K |
| Price per sq ft | $214 | $272 |
| Built year | 1972 | 0 |
| HOA | $0 | $0 |
| Days on market | 82 | 1408 |
Jun 28, 2026
$187,900
$194,900
-4% Price Drop
Initial Listing
Jun 5, 2026
$194,900
$209,000
-7% Price Drop
Initial Listing
Jun 1, 2026
$209,000
$214,000
-2% Price Drop
Initial Listing
May 1, 2026
$214,000
Initial Listing