2105 W ELM Street 1, Phoenix, AZ 85015, Phoenix, 85015 - 3 bed, 3 bath
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Phoenix, AZ 85015
Analysis of 2105 W ELM Street 1, Phoenix, AZ 85015 is currently available with a list price of $559,900. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Phoenix Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
This is a 'to be built' new construction listing with a projected completion in 2027. As a brand-new home, it will feature all-new components, modern kitchen and bathroom fixtures, energy-efficient systems, and contemporary finishes, meeting the highest quality standards with no physical depreciation or deferred maintenance.
As a 'to be built' property with a 2027 completion date, it offers the benefit of modern building standards, energy efficiency, and a contemporary 3-bedroom layout that appeals to modern buyers.
Situated in a redevelopment zone with significant recent construction nearby, this property presents a strong opportunity for appreciation and appeal to investors or landlords looking for a revitalizing area.
The builder has already completed extensive coordination with SRP and the Phoenix Planning and Development departments, significantly streamlining the initial development hurdles for the buyer.
Being a 'to be built' offering, the property is subject to construction timelines and potential delays, requiring significant patience and flexibility from the buyer compared to an existing home.
The listing places the responsibility of confirming infrastructure and utility locations entirely on the buyer, necessitating thorough and potentially costly due diligence before proceeding.
TO BE BUILT: This offering is for new home construction on lot APN 15-02-083! Great opportunity for investor or landlord as this property is located in an area of redevelopment and revival. Many new homes completed in the last 3 years in the immediate area including across the street on the north side of Elm. Builder has negotiated with SRP and has completed extensive work the Phoenix Planning and Development depts so a major portion of the prep work has been explored and completed. Property will be 3 bdrms, 2.5 baths, eat-in kitchen an familyrm down plus half bath. See site plan and concept drawings in photos section of listing. Buyer must confirm all facts and infrastructure (including Utility locations) with the city to their satisfaction. See agent for additional details.
No exterior & parking available.
Grades K-3 • 0.2 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 1.8 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 | 87% |
| Square foot | 1,852 | 1,474.5 | 73% |
| Lot Size | 3,891 | 7,640.5 | 1% |
| Price | $559.9K | $370.0K | 89% |
| Price per sq ft | $302 | $264 | 67% |
| Built year | 2027 | 1951 | 99% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 994 | 1% |
Apr 13, 2026
$559,900
Initial Listing