
Phoenix, AZ 85021
This High-Potential Investment Opportunity is listed at a List Price of $229,900—positioned well below the $275,010 Fair Market Value by 16%. This valuation gap provides $45,110 in Instant Equity. Featuring a Condition Rating of 3, this single-level townhome offers a low-maintenance interior with tile flooring and a private patio. While the current lease through 2026 limits immediate occupancy, the transit-oriented location near the light rail ensures strong rental demand. This is an ideal acquisition for Buy-and-Hold Investors or long-term wealth builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1821 W Augusta Avenue Subject | $229,900* List Price | 2 | 2 | 1,092 | $252 | - |
A 7830 N 21st Drive Sold | $290,000 | 2 | 2 | 1,137 | $255 | 0.3 mi |
B 1814 W FRIER Drive Active | $249,900 List Price | 2 | 2 | 1,316 | $190 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1966, the property has undergone significant cosmetic updates including new LVP flooring throughout and an updated bathroom vanity. The kitchen remains dated with tile countertops and older cabinetry but is functional and well-maintained, making the unit move-in ready.
The property is ideally situated within walking distance of the light rail and bus stops, providing exceptional connectivity to Downtown Phoenix, ASU campuses, and local amenities.
As a single-level townhome with no neighbors living above, this unit offers a rare level of privacy and quiet compared to multi-story condominium complexes.
Featuring tile flooring throughout with no carpet, the home is designed for durability and easy maintenance, making it an attractive option for both investors and busy professionals.
With a tenant lease in place through October 31, 2026, the property is restricted to investors and is not available for immediate owner-occupancy for over two years.
The assigned elementary school carries a low rating of 2, which may limit the property's appeal to families and impact long-term appreciation compared to areas with higher-rated districts.
Bristol Court is a hidden gem in the city! Ideally located within walking distance of the light rail, bus stops, restaurants, and shopping, with quick access to downtown Phoenix, I-17, ASU Downtown, and ASU Tempe. This single-level townhome offers privacy with no neighbors above and features tile flooring throughout--no carpet. Enjoy ceiling fans in both bedrooms, a bright sunken living room, and an open dining area. The kitchen includes tile countertops, a smooth-top stove, and refrigerator. A sliding door leads to a private patio with a large storage/laundry room. The community features gated interior access, a pool, ramada, covered parking, guest parking, and beautifully maintained grounds. Tenant lease in place through 10/31/2026.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,092 | - |
| Lot Size | 1,620 | - |
| Price | $229.9K | $341.8K |
| Price per sq ft | $211 | $259 |
| Built year | 1966 | 0 |
| HOA | $360 | $0 |
| Days on market | 34 | 1211 |
Jun 19, 2026
$229,900
Initial Listing