2025 W ELM Street, Phoenix, AZ 85015, Phoenix, 85015 - 3 bed, 3 bath
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Phoenix, AZ 85015
This Strong Value Opportunity is a 3-bedroom townhouse listed at $240,000, positioned well below the $241,380 Fair Market Value by 0.57%. This valuation gap offers $1,380 in Instant Equity. Featuring a Condition Rating of 4, the home provides a functional layout with a private courtyard and covered parking, though the kitchen remains dated. Located in a gated community with light rail access, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2025 W ELM Street Subject | $240,000* List Price | 3 | 3 | 1,704 | $142 | - |
A 2037 W PIERSON Street Active | $250,000 List Price | 3 | 3 | 1,704 | $147 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1970, the property has received cosmetic updates including laminate flooring and neutral paint. However, the kitchen remains significantly dated with cabinetry and appliances appearing to be over 30 years old. While the listing describes it as move-in ready, the core systems and wet areas require modernization to move beyond a fair rating.
Situated in a gated community with excellent proximity to the light rail, I-17, and local urban amenities, offering high convenience for commuters and city dwellers.
The property features a spacious 1,704 sqft layout with neutral finishes and includes all major appliances (refrigerator, washer, and dryer), providing an immediate turnkey solution.
Rare for a townhouse, this unit offers a private fenced courtyard, a separate exterior storage room, and two assigned covered parking spaces, enhancing its utility and privacy.
Built in 1970, the property may require more frequent maintenance or future capital improvements to its aging mechanical systems and structural components compared to newer builds.
The assigned public schools carry low ratings (ranging from 1 to 3), which may limit the property's appeal to families prioritizing high-performing educational districts.
Charming townhouse located in a gated Central Phoenix community! Enjoy a prime location just minutes from the light rail, shopping, restaurants, entertainment, and convenient access to I-17. The home features neutral interior paint, laminate flooring throughout the main living areas, tile in the kitchen and all three bathrooms, and neutral carpet on the stairs and in the bedrooms. The main level offers an open-concept living and dining area, a spacious kitchen, a convenient half bath, and a laundry room complete with a laundry chute from the upstairs level. Upstairs, you'll find a generous primary suite with an en-suite bath, two additional bedrooms, and a full guest bathroom. Relax in the private, fully fenced courtyard, and take advantage of the separate exterior storage room for a convenience. The home also includes two assigned covered parking spaces. Community amenities include a pool and playground. Refrigerator, washer, and dryer are all included, making this home move-in ready!
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.7 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,704 | - |
| Lot Size | 2,065 | - |
| Price | $240.0K | $341.8K |
| Price per sq ft | $141 | $259 |
| Built year | 1970 | 0 |
| HOA | $301 | $0 |
| Days on market | 10 | 1211 |
Jul 13, 2026
$240,000
Initial Listing