1730 W THOMAS Road, Phoenix, AZ 85015, Phoenix, 85015 - 5 bed, 3 bath
Loading property details...
Phoenix, AZ 85015
This Versatile Multi-Unit Residence is a High-Potential Investment Opportunity, listed at $650,000—positioned well below the $737,734 Fair Market Value by 11%. This valuation gap provides $87,734 in Instant Equity. Boasting an Excellent Condition Rating following extensive renovations, the property features two independent units with private entrances, new electrical systems, and mountain views. Located near Clarendon School, this 5-bedroom asset offers significant rental upside or a strategic house-hack. It is a premier acquisition for Buy-and-Hold Investors or Owner-Occupants seeking income-generating potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1730 W THOMAS Road Subject | $650,000* List Price | 5 | 3 | 2,692 | $274 | - |
A 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,409 | $247 | 0.8 mi |
B 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.5 mi |
C 1735 W Mitchell Drive Sold | $595,000 | 3 | 2 | 1,949 | $305 | 0.5 mi |
D 3318 N 17TH Drive Sold | $630,000 | 4 | 2 | 2,113 | $298 | 0.4 mi |
E 1639 W INDIANOLA Avenue Sold | $595,000 | 3 | 2 | 2,409 | $247 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite its 1947 build date, the property has undergone an extensive recent renovation that brings it to modern standards. The interior features brand-new electrical systems, contemporary kitchens with white shaker cabinetry and stainless steel appliances, updated bathrooms, and modern wood-look flooring throughout. The finishes, including recessed lighting and black hardware fixtures, indicate a high-quality, comprehensive update within the last few years.
The property features two separate rental units with private entrances and individual electrical panels, making it an ideal turnkey investment for rental income or a house-hacking owner-occupant.
Recently updated with brand-new electrical systems and separate metering, the home offers enhanced safety and efficiency, significantly reducing immediate maintenance concerns for a property of this vintage.
Boasting 5 bedrooms and nearly 2,700 square feet of living space, the property provides a rare level of flexibility for large families or high-occupancy rental strategies in a central Phoenix location.
Originally built in 1947, the property may require ongoing maintenance or further modernization of non-electrical systems, such as plumbing or roofing, to meet contemporary standards.
The assigned local schools, including the high school and one of the primary middle schools, carry lower performance ratings, which could impact appeal for families prioritizing education.
Discover this versatile multi-unit property--perfect for investors or owner-occupants! This well-maintained home features two separate rental units, offering excellent income potential and flexibility. Each unit includes its own private entrance, creating a comfortable and independent living space for tenants. The property has been recently upgraded with brand-new electrical systems, ensuring safety, efficiency, and peace of mind. In addition, both units are equipped with separate electrical panels, allowing for easy utility management and individual metering. With its thoughtful layout and modern updates, this property is ideal for generating rental income while minimizing maintenance concerns. Whether you're looking to expand your portfolio or live in one unit while renting the others
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 | 5.0 | 3.0 | 97% |
| Baths | 3.0 | 2.0 | 87% |
| Square foot | 2,692 | 1,474.5 | 97% |
| Lot Size | 7,850 | 7,693 | 53% |
| Price | $650.0K | $370.0K | 94% |
| Price per sq ft | $241 | $263 | 40% |
| Built year | 1947 | 1951 | 22% |
| HOA | $0 | $0 | 50% |
| Days on market | 74 | 994 | 1% |
Feb 11, 2026
$650,000
Initial Listing