1724 W THOMAS Road, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 3 bath
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Phoenix, AZ 85015
This Remodeled Mid-Century Income Property is a versatile asset listed at $550,000, reflecting a stable valuation relative to its $533,055 Fair Market Value. The property’s standout feature is the detached 438 sq ft casita, which, alongside the main home, underwent a comprehensive 2018 remodel. With a Condition Rating of 3, the residence offers modern aesthetics and immediate rental income from existing tenants. Proximity to top-rated Clarendon School and major commuter routes enhances its long-term desirability. This is a premier opportunity for Buy-and-Hold Investors or Owner-Occupants seeking a high-utility house-hack.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1724 W THOMAS Road Subject | $545,000* List Price | 4 | 3 | 2,426 | $213 | - |
A 2938 N 18TH Avenue Sold | $475,000 | 3 | 3 | 2,171 | $219 | 0.1 mi |
B 3312 N 15TH Avenue Sold | $435,000 | 2 | 2 | 1,858 | $234 | 0.5 mi |
C 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,409 | $247 | 0.8 mi |
D 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,409 | $247 | 0.8 mi |
E 1730 W THOMAS Road Active | $650,000 List Price | 5 | 3 | 2,692 | $241 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property was built in 1947 but underwent a comprehensive remodel in 2018, including both the main residence and the detached casita. The interior features modern large-format tile flooring, updated neutral paint, and contemporary fixtures. While the renovation is not brand new (exceeding the 5-year threshold for 'excellent'), the home is move-in ready with well-maintained systems and minimal wear, fitting the criteria for a property renovated within the last 5 to 15 years.
The property features a detached 438 sq ft casita that provides immediate rental income or flexible space for multi-generational living, significantly increasing the property's utility.
Both the main residence and the casita underwent full updates in 2018, blending classic mid-century charm with modern finishes for a move-in-ready experience.
Situated in a desirable Central Phoenix neighborhood, the home offers excellent proximity to major commuter routes, diverse dining options, and urban shopping centers.
Located on Thomas Road, a major arterial street, the property is subject to significant traffic noise and may offer less privacy than homes on quieter residential streets.
Active leases are currently in place, which may restrict immediate occupancy for owner-users and complicate the logistics of property showings and inspections.
Includes CASITA!! Classic Central Phoenix charm meets modern upgrades in this fully remodeled mid century home with built-in income potential. The 3br/2ba main house offers a light, open layout that boasts contemporary finishes throughout. Both the primary residence and detached 438sq ft casita were fully updated in 2018, creating a cohesive, move-in-ready property. Ideal for investors or future owner-occupants seeking flexibility and long-term value. Located in a desirable Central Phoenix neighborhood close to dining, shopping, and major commuter routes, this property delivers charm, and updates, in one rare opportunity.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.8 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 74% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,426 | 1,474.5 | 95% |
| Lot Size | 7,832 | 7,693 | 53% |
| Price | $545.0K | $370.0K | 88% |
| Price per sq ft | $225 | $263 | 36% |
| Built year | 1947 | 1951 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 80 | 994 | 2% |
Apr 21, 2026
$545,000
$550,000
-1% Price Drop
Initial Listing
Feb 5, 2026
$550,000
Initial Listing