
Phoenix, AZ 85024
This Efficient 3-Bedroom Townhouse is a High-Potential Investment Opportunity with a List Price of $240,000—positioned well below the $323,015 Fair Market Value by 25%. This significant valuation gap offers $83,015 in Instant Equity. While the property holds a Fair Condition Rating due to dated flooring and 1985 construction, the kitchen features upgraded countertops and cabinetry. The functional 3-bathroom layout and private master balcony ensure strong rental appeal. This is a prime value-add asset for Buy-and-Hold Investors or Owner-Occupants looking to build wealth through minor renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19601 N 7TH Street 1093 Subject | $210,000* List Price | 3 | 3 | 1,184 | $159 | - |
A 19601 N 7TH Street 1063 Sold | $210,000 | 3 | 3 | 1,184 | $177 | 0.1 mi |
B 19601 N 7TH Street 1063 Sold | $210,000 | 3 | 3 | 1,184 | $177 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1985, the property falls into the 'fair' category as an aged home that has been maintained with some updates but still shows signs of being outdated. While the listing highlights updated kitchen countertops and cabinets, the visible carpeting appears worn and dated, and the overall interior styling suggests the home requires minor cosmetic updates and repairs to meet modern standards.
The property features a highly functional 3-bedroom, 3-bathroom configuration, including a master suite with a private balcony and large closet, which is rare for this square footage.
Priced at $240,000, this townhouse offers a competitive entry point into the Phoenix market, making it an attractive option for first-time homebuyers or rental investors.
The kitchen boasts upgraded countertops and cabinetry within an open living space, providing a modern aesthetic that reduces the need for immediate renovations.
The assigned elementary and high schools carry lower ratings (2 and 4 respectively), which may be a significant drawback for families prioritizing education quality.
Built in 1985, the property and its systems are nearly 40 years old, potentially leading to higher maintenance costs or the need for future capital improvements.
Great location! The property has a welcoming, open living space. The kitchen has nice countertops and cabinets. All bedrooms are spacious, the master with a bathroom ensuite and a large closet, also a door to its own balcony
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 7-8 • 2.7 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 54% |
| Square foot | 1,184 | 1,186 | 43% |
| Lot Size | 739 | 1,215 | 21% |
| Price | $210.0K | $314.8K | 43% |
| Price per sq ft | $177 | $244 | 43% |
| Built year | 1985 | 1988 | 46% |
| HOA | $301 | $222 | 89% |
| Days on market | 53 | 1626 | 4% |
Apr 23, 2026
$210,000
$200,000
+5% Price Increase
Initial Listing
Apr 16, 2026
$200,000
$210,000
-5% Price Drop
Initial Listing
Apr 10, 2026
$210,000
$240,000
-12% Price Drop
Initial Listing
Mar 4, 2026
$240,000
Initial Listing