
Gilbert, AZ 85234
This Updated Modern Townhouse represents a High-Potential Investment Opportunity, listed at $365,000—positioned well below the $437,704 Fair Market Value by 16%. This valuation gap provides $72,704 in Instant Equity for the incoming buyer. Boasting a Condition Rating of 3, the interior features a Granite Kitchen, Stainless Steel Appliances, and a New HVAC System. Located walking distance from Downtown Gilbert and near Houston Elementary, the property offers a premium lifestyle with a community pool and private patio. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Property is move-in ready.
The property is move-in ready and features significant modern updates that exceed its 1989 build year. Key improvements include a fully renovated kitchen with granite countertops, white cabinetry, and stainless steel appliances, as well as updated bathrooms and a new HVAC system installed within the last year. While the overall structure and some elements like the staircase and flooring reflect a well-maintained older home, the primary living areas and major systems have been updated to meet current standards.
The property is situated within walking distance of vibrant downtown Gilbert, offering exceptional access to local dining, entertainment, and shopping.
The home features a fully updated kitchen with granite countertops and stainless steel appliances, along with renovated bathrooms, ensuring a move-in-ready experience.
With an air conditioning unit less than a year old, the property offers significant immediate cost savings and reliability in the Arizona climate.
The small lot size and low-maintenance backyard may not appeal to buyers seeking significant private outdoor living or gardening areas.
Built in 1989, the townhouse may require more frequent maintenance of original structural components compared to newer developments in the area.
Looking for a townhouse walking distance from downtown Gilbert?! Beautiful 3 bed, 2.5 bath, 1,535 sq. ft. townhouse with community pool! Updates included granite countertops, backsplash, breakfast bar, pendant/recessed lighting, updated white cabinetry, and stainless steel appliances. Kitchen opens up to the family room which includes tile flooring and stone fireplace. Huge master suite upstairs with updated master and guest bathrooms. Backyard is low maintenance, good size laundry room and AC is less than a year old! Close to all shopping and freeways!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 8-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.0 | 88% |
| Square foot | 1,535 | 1,265.5 | 88% |
| Lot Size | 1,207 | 2,502.5 | 50% |
| Price | $365.0K | $152.5K | 63% |
| Price per sq ft | $238 | $119 | 50% |
| Built year | 1989 | 1988 | 50% |
| HOA | $185 | $128 | 63% |
| Days on market | 51 | 1427 | 13% |
Mar 2, 2026
$365,000
Initial Listing