1618 N 32ND Street 6, Phoenix, AZ 85008, Phoenix, 85008 - 2 bed, 2 bath
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Phoenix, AZ 85008
This Updated Dual-Level Townhome is a High-Potential Investment Opportunity, listed at $260,000—positioned well below the $295,518 Fair Market Value by 12%. This valuation gap offers $35,518 in Instant Equity for incoming buyers. The property boasts a Move-in Ready Condition Rating with a Modern Shaker-Style Kitchen, Granite Vanities, and vaulted ceilings. Currently operating as a successful Airbnb near Sky Harbor, it combines immediate cash-flow potential with long-term appreciation. This is a premier choice for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1618 N 32ND Street 6 Subject | $250,000* List Price | 2 | 2 | 1,062 | $234 | - |
A 1225 N 36TH Street 2043 Sold | $297,000 | 2 | 2 | 1,206 | $246 | 0.8 mi |
B 1618 N 32ND Street 2 Active | $268,000 List Price | 2 | 2 | 1,020 | $263 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent interior renovations. The kitchen is updated with modern shaker-style cabinetry, stainless steel appliances, and butcher block countertops. Bathrooms feature contemporary double vanities with granite counters and updated black fixtures. While the 1983 build date and presence of popcorn ceilings indicate some aged infrastructure, the overall aesthetic is modern with updated laminate flooring, neutral paint, and stylish light fixtures throughout.
Currently utilized as a successful Airbnb, this property offers a proven revenue stream and a lucrative opportunity for investors seeking an immediate return on investment.
The townhome features a stylish, open-concept living area with a recently updated kitchen and vaulted master ceilings, providing a contemporary aesthetic that appeals to modern buyers.
Ideally situated with close proximity to major freeways and public transit, this location ensures high accessibility for residents and short-term rental guests alike.
Built in 1983, the property may soon require maintenance or replacement of original major systems, such as plumbing or electrical, which are nearing the end of their typical lifecycle.
With a very small lot size of 509 sqft, the property offers minimal private outdoor area beyond the balcony and patio, which may not suit buyers looking for yard space.
Stylish 2-bedroom, 2-story townhome that boasts recent updates! Step into a bright and open living room that creates an inviting atmosphere. The master bedroom impresses with vaulted ceilings, providing an airy and spacious feel, complemented by a full master bath that adds a touch of luxury. The kitchen has been updated with new countertops, sink, and a modern garbage disposal. Enjoy the outdoors on your balcony or patio. This property's prime location is a standout feature, being close to bus stops and freeways. As a savvy investment, the townhome is currently utilized as an Airbnb, presenting a lucrative opportunity for those seeking a return on investment. Don't miss out on the chance to own this updated and strategically located townhome!
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 2.7 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 | 1,062 | 1,118 | 33% |
| Lot Size | 509 | 1,220 | 8% |
| Price | $250.0K | $281.0K | 46% |
| Price per sq ft | $235 | $236 | 50% |
| Built year | 1983 | 1980 | 58% |
| HOA | $132 | $188 | 25% |
| Days on market | 81 | 938 | 8% |
Apr 20, 2026
$250,000
$260,000
-4% Price Drop
Initial Listing
Feb 4, 2026
$260,000
Initial Listing