2045 E MICHIGAN Avenue 2, Phoenix, AZ 85022, Phoenix, 85022 - 3 bed, 3 bath
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Phoenix, AZ 85022
This 2026 Strong Value Opportunity is a modern Single Family Residence listed at $469,000, positioned well below the $518,134 Fair Market Value by 9%. This valuation gap provides $49,134 in Instant Equity. Featuring a Mint Condition Rating, this new build offers high-end finishes, a 30x40 private backyard, and mountain views. With no HOA and high rental potential, this property is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey, low-maintenance lifestyle in a growing Phoenix enclave.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2045 E MICHIGAN Avenue 2 Subject | $469,000* List Price | 3 | 3 | 1,600 | $321 | - |
A 17840 N 15TH Street Sold | $525,000 | 3 | 2 | 1,505 | $349 | 0.7 mi |
B 2106 E AIRE LIBRE Avenue Sold | $480,000 | 3 | 2 | 1,873 | $256 | 0.9 mi |
C 1659 E BLUEFIELD Circle Sold | $478,000 | 3 | 3 | 1,618 | $295 | 0.5 mi |
D 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.2 mi |
E 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.2 mi |
F 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.2 mi |
G 2009 E VILLA THERESA Drive Sold | $440,000 | 3 | 2 | 1,310 | $336 | 0.2 mi |
H 2040 E ANGELA Drive Sold | $485,000 | 3 | 2 | 1,375 | $353 | 0.4 mi |
I 17406 N 22ND Street Pending | $449,000 List Price | 3 | 2 | 1,488 | $302 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
This is a brand-new 2026 construction in mint condition. It features a high-end contemporary kitchen with quartz countertops and stainless steel appliances, modern steel railings, and brand-new HVAC and electrical systems, requiring zero maintenance.
This 2026 build features high-end contemporary finishes, including soaring 20-foot ceilings and a gourmet kitchen with quartz countertops, offering a move-in-ready modern aesthetic.
The absence of an HOA provides homeowners with greater freedom and lower monthly costs, while the property's design and location offer significant potential for short-term rentals or Airbnb.
The property boasts a large 30x40 private backyard, front and back balconies, and scenic mountain views, creating an exceptional indoor-outdoor living experience.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1600, other record living area = 672. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 1.
The assigned public schools have relatively low ratings, ranging from 2 to 4 out of 10, which may be a concern for families prioritizing high-performing educational districts.
With 1,600 square feet of living space and all bedrooms located on the second floor, the layout may feel restrictive for buyers seeking more expansive living areas or a ground-floor primary suite.
NEW BUILD WITH NO HOA & HIGH-END CONTEMPORARY DESIGN! Stunning enclave of detached single-family homes offering incredible rental/Airbnb potential. This move-in-ready gem boasts soaring 20-foot ceilings, laminate wood plank flooring, and urban custom steel railings. The gourmet kitchen features quartz countertops, shaker cabinets, stainless steel appliances, a tiled backsplash, and under-cabinet lighting. All 3 bedrooms are upstairs alongside a convenient laundry room with built-in storage. Enjoy seamless indoor-outdoor living with front and back balconies off two bedrooms, plus a massive, private 30x40 backyard. Ask about incredible builder incentives! Rate buy-down options available to help lower your monthly payments!
No exterior & parking available.
Grades 2-6 • 0.4 mi
Grades PK-3 • 0.4 mi
Grades 7-8 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,600 | - |
| Lot Size | 6,617 | - |
| Price | $469.0K | $495.4K |
| Price per sq ft | $293 | $290 |
| Built year | 2026 | 0 |
| HOA | $0 | $0 |
| Days on market | 34 | 1260 |
Jun 18, 2026
$469,000
Initial Listing