1901 E Missouri Avenue 217, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 2 bath
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Phoenix, AZ 85016
This Strong Value Opportunity is a 2-bedroom, 2-bathroom townhouse listed at $300,000, positioned well below the $320,851 Fair Market Value by 6%. This valuation gap provides $20,851 in Instant Equity. With a Condition Rating of 4, the property features a vintage aesthetic and stunning mountain views. While the HOA covers all utilities, the unit offers rare privacy with no shared walls. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a low-maintenance lifestyle in the Biltmore area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1901 E Missouri Avenue 217 Subject | $290,000* List Price | 2 | 2 | 1,265 | $242 | - |
A 5307 N LAS CASITAS Place Sold | $295,000 List Price | 3 | 2 | 1,538 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1963, this property is well-maintained but dated. While the kitchen features newer stainless steel appliances, it retains older tile countertops and cabinetry. The presence of popcorn ceilings, vintage painted brick, and older sliding doors indicates the home is functional but exceeds the 20-year threshold for modern updates.
The HOA fee covers all utilities, providing significant value and predictable monthly expenses for a low-maintenance, lock-and-leave lifestyle.
This unit features no shared walls and offers stunning views of Camelback and Piestewa mountains, a rare combination of seclusion and scenery for a townhouse.
Situated in the highly sought-after 85016 zip code, the property offers immediate proximity to upscale dining, shopping, and central Phoenix amenities.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1286, other record lot size in square feet = 1227.
Built in 1963, the property may require ongoing maintenance or modernization of older mechanical and structural systems common in mid-century developments.
The $592 monthly association fee is relatively high, which could impact buyer affordability and debt-to-income ratios during the financing process.
Tremendous value on a great property in a sought after Biltmore location available for sale. The HOA covers all utilities and ideal for someone who is looking for something that is low maintenance. Features a large open floor plan with a vintage vibe, 2 bedroom with 2 bathroom, large balcony and lots of great natural lighting. Kitchen features stainless steel appliances and a washer/dryer combo unit. Enjoy your privacy with no shared walls. Gorgeous views of camelback and Piestewa mountains. Close to fine dining and shopping. Come see it today.
No exterior & parking available.
Grades 5-8 • 0.4 mi
Grades PK-4 • 1.3 mi
Grades 9-12 • 2.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,265 | - |
| Lot Size | 1,286 | - |
| Price | $290.0K | $341.8K |
| Price per sq ft | $229 | $259 |
| Built year | 1963 | 0 |
| HOA | $592 | $0 |
| Days on market | 71 | 1211 |
Jun 6, 2026
$290,000
$300,000
-3% Price Drop
Initial Listing
May 13, 2026
$300,000
Initial Listing