1701 E COLTER Street 178, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
Loading property details...
Phoenix, AZ 85016
This Functional Dual-Suite Condominium is a High-Potential Investment Opportunity with a List Price of $305,000—positioned well below the $370,554 Fair Market Value by 17%. This valuation gap provides $65,554 in Instant Equity for the next owner. Featuring a Move-In Ready Condition Rating, the unit offers a split floor plan, private patio, and access to a resort-style pool and spa. Located in the prestigious Biltmore area, it balances lifestyle luxury with significant financial upside. This is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1701 E COLTER Street 178 Subject | $305,000* List Price | 2 | 2 | 999 | $371 | - |
A 1701 E COLTER Street 150 Sold | $245,000 List Price | 2 | 2 | 790 | 0.0 mi | |
B 1701 E COLTER Street 150 Sold | $313,500 List Price | 2 | 2 | 790 | 0.0 mi | |
C 1701 E Colter Street 308 Sold | $272,000 | 2 | 2 | 971 | $280 | 0.1 mi |
D 4808 N 24TH Street 530 Sold | $389,000 | 1 | 1 | 1,008 | $386 | 0.9 mi |
E 4644 N 22ND Street 1137 Sold | $215,000 | 1 | 1 | 850 | $253 | 0.9 mi |
F 4808 N 24th Street 602 Sold | $254,900 List Price | 1 | 1 | 883 | 0.9 mi | |
G 1701 E COLTER Street 477 Active | $315,000 List Price | 2 | 2 | 935 | $337 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2003, this property is well-maintained and move-in ready. While it is approximately 21 years old, the community amenities—including the updated clubhouse kitchen and fitness center—reflect a high standard of upkeep and modern styling. The unit's dual-suite layout is highly functional, and the overall condition suggests that major systems are within their expected lifespan with no immediate renovations required.
Situated in the heart of the prestigious Biltmore area, this property offers residents immediate proximity to high-end shopping, fine dining, and major financial employment hubs.
The 2-bedroom, 2-bathroom configuration provides an efficient split floor plan that is highly desirable for roommates or hosting guests, maximizing the utility of the square footage.
Priced at $305,000, this unit represents an accessible entry point into the 85016 zip code, offering strong potential for both first-time homeowners and buy-and-hold investors.
The assigned public schools, particularly the high school with a rating of 4, may be a drawback for families prioritizing top-tier educational performance.
At 999 square feet for a two-bedroom residence, the living and dining areas may feel restrictive for buyers transitioning from larger suburban homes.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades 5-8 • 0.4 mi
Grades PK-4 • 1.3 mi
Grades 9-12 • 2.4 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 | 999 | 1,185 | 22% |
| Lot Size | - | 995 | 3% |
| Price | $305.0K | $360.0K | 48% |
| Price per sq ft | $305 | $312 | 47% |
| Built year | 2003 | 1984 | 71% |
| HOA | $315 | $363 | 41% |
| Days on market | 36 | 1430 | 1% |
Mar 21, 2026
$305,000
Initial Listing