
Phoenix, AZ 85014
This Midtown Phoenix Value-Add Condominium is listed at $350,000, representing a strategic Asset acquisition near the $324,378 Fair Market Value. Currently holding a Condition Rating of 4, the property requires cosmetic modernization but offers immediate utility with a New 2023 HVAC System (10-year warranty) and rare Vaulted Ceilings with attic storage. Situated in the premier Madison School District with a Private Patio, the unit provides a clear path for forced appreciation. This is an optimal opportunity for Buy-and-Hold Investors or Owner-Occupants targeting long-term equity growth.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1336 E Maryland Avenue 10 Subject | $350,000* List Price | 2 | 2 | 1,279 | $254 | - |
A 1017 E MARYLAND Avenue 119 Sold | $329,000 List Price | 2 | 3 | 1,067 | 0.4 mi | |
B 6530 N 12TH Street 11 Sold | $265,000 List Price | 2 | 2 | 1,120 | 0.2 mi | |
C 1441 E MARYLAND Avenue 10 Active | $319,900 List Price | 2 | 2 | 1,246 | $257 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is well-maintained but significantly outdated, featuring original 1980s-style oak cabinetry, laminate countertops, and older white appliances in the kitchen. While it benefits from a brand-new HVAC system installed in 2023 and desirable vaulted ceilings, the overall interior aesthetic—including the fluorescent light boxes and basic bathroom fixtures—requires cosmetic modernization to meet current market standards.
Situated in the heart of Midtown Phoenix, this property offers exceptional proximity to Uptown Plaza, the Biltmore area, and major dining hubs, ensuring high lifestyle convenience and strong resale value.
A new 3-ton RUDD R-410A heat pump was installed in June 2023 with a 10-year warranty, providing significant energy efficiency and peace of mind regarding major capital expenses.
The interior features vaulted ceilings that enhance the sense of space, along with a rare attic accessible via retractable steps, offering superior storage capacity seldom found in similar condominiums.
Built in 1980 and marketed as an opportunity to add 'personal touches,' the property likely requires modernizing updates to the interior finishes to meet contemporary luxury standards.
The $320 monthly association fee represents a significant recurring carrying cost that buyers must factor into their overall monthly debt-to-income considerations.
Located in the heart of Midtown Phoenix, this townhouse offers an unbeatable central location near some of the city's most desirable dining, shopping, and entertainment. Minutes from Uptown Plaza, Central Avenue restaurants, the light rail, and quick access to Downtown Phoenix, Arcadia, and the Biltmore area, convenience is truly at your doorstep. Truly a low-maintenance living experience! Inside, the home offers a functional bedroom layout, generous living space, and vaulted ceilings that add to the open feel. Residents enjoy access to a well-kept community pool, perfect for relaxing and unwinding during Arizona's warmer months. Excellent opportunity to enjoy Midtown living while adding your own personal touches over time. 3 ton RUDD R-410A Package Heat Pump with 10 year warranty was installed 6/28/2023. Cathedral ceiling provides an attic, accessible by retractable steps from small bathroom, with a light and metal shelving around the walls.
No exterior & parking available.
Grades PK-4 • 0.9 mi
Grades 5-8 • 1.4 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,279 | 1,120 | 74% |
| Lot Size | 1,840 | 1,163 | 83% |
| Price | $350.0K | $225.0K | 77% |
| Price per sq ft | $274 | $261 | 69% |
| Built year | 1980 | 1983 | 43% |
| HOA | $320 | $250 | 80% |
| Days on market | 79 | 1913 | 3% |
Feb 6, 2026
$350,000
Initial Listing