17017 N 12TH Street 2060, Phoenix, AZ 85022, Phoenix, 85022 - 1 bed, 1 bath
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Phoenix, AZ 85022
This Turnkey Investment Condominium represents a strategic entry into the Phoenix market with a List Price of $178,000, offering price stability relative to its $144,659 Fair Market Value. The asset provides immediate cash flow with a tenant in place through November 2026, ensuring a vacancy-free transition for the new owner. Featuring a Condition Rating of 4, the unit includes updated wood-look laminate flooring and access to a community pool and spa. Located near Echo Mountain and North Canyon High schools, this low-maintenance property is a premier choice for Buy-and-Hold Investors or seasonal buyers seeking a secure acquisition.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 17017 N 12TH Street 2060 Subject | $178,000* List Price | 1 | 1 | 849 | $170 | - |
A 17017 N 12TH Street 2012 Sold | $205,000 | 2 | 2 | 997 | $206 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1996, is in a well-maintained condition but shows signs of being outdated. While the flooring has been updated to a modern wood-look laminate, the kitchen features original-style cabinetry and laminate countertops. It is move-in ready for a tenant but lacks the extensive recent renovations required for a higher score.
With a tenant in place through November 2026, this property offers a turnkey opportunity for investors to secure immediate, long-term cash flow without vacancy concerns.
Listed at $178,000, the property is aggressively priced to sell, providing an accessible entry point into the Phoenix market for first-time investors or seasonal buyers.
The 'lock and leave' nature of this Cordillera condominium makes it an ideal secondary residence for snowbirds or professionals seeking a simplified living environment.
The existing lease agreement through late 2026 prevents immediate move-in, effectively excluding traditional buyers who are looking for a primary residence.
The assigned public schools have low ratings (ranging from 2 to 4), which may negatively impact the property's long-term resale value and appeal to families.
PRICED TO SELL!! TENANT IN PLACE THRU NOV 2026. DO NOT DISTURB. GREAT INVESTMENT WITH TENANT IN PLACE OR LOCK AND LEAVE FOR SNOWBIRD SEASON!!
No exterior & parking available.
Grades PK-3 • 0.8 mi
Grades 2-6 • 0.9 mi
Grades 7-8 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 13% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 849 | 1,121.5 | 18% |
| Lot Size | 863 | 859 | 55% |
| Price | $178.0K | $240.0K | 24% |
| Price per sq ft | $210 | $259 | 24% |
| Built year | 1996 | 1987 | 74% |
| HOA | $275 | $218 | 74% |
| Days on market | 83 | 1684 | 3% |
Feb 2, 2026
$178,000
Initial Listing