2115 W BELMONT Avenue 2, Phoenix, AZ 85021, Phoenix, 85021 - 3 bed, 2 bath
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Phoenix, AZ 85021
This 3-bedroom Phoenix townhouse represents a High-Potential Investment Opportunity, listed at $249,000—positioned well below the $422,562 Fair Market Value by 41%. This massive valuation gap offers $173,562 in Instant Equity for the incoming owner. Maintaining a Condition Rating of 4, the interior features low-maintenance tile and fresh paint, ensuring it is move-in ready while offering room for cosmetic appreciation. Located near major freeways and shopping, this asset is perfectly suited for Buy-and-Hold Investors or first-time buyers seeking a high-equity entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2115 W BELMONT Avenue 2 Subject | $249,000* List Price | 3 | 2 | 1,211 | $349 | - |
A 7767 N 19TH Lane Sold | $201,700 | 2 | 3 | 1,394 | $145 | 0.2 mi |
B 7830 N 21st Drive Sold | $290,000 | 2 | 2 | 1,137 | $255 | 0.3 mi |
C 7767 N 19TH Lane Sold | $201,700 | 2 | 3 | 1,394 | $145 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987, the property is well-maintained and move-in ready with some functional updates including stainless steel appliances, granite countertops, and tile flooring. However, the overall aesthetic remains dated, particularly the oak cabinetry and older light fixtures, fitting the criteria for a home that has had occasional updates but lacks a comprehensive modern renovation.
Conveniently situated near major freeways, shopping centers, and diverse dining options, offering excellent accessibility for commuters and residents.
Features low-maintenance tile flooring and a fresh coat of paint throughout, providing a clean, move-in-ready environment for new owners.
Priced under $250k for a 3-bedroom layout, this property offers significant value and an affordable entry point into the Phoenix real estate market.
Built in 1987, the home may require future capital expenditures for aging mechanical systems or structural components typical of properties from this era.
The $250 monthly association fee adds a recurring cost that buyers must account for in their total monthly debt-to-income calculations.
Nice 3 Bedrooms 2 bath with tile flooring and fresh paint that is close to shopping, restaurants and free way. do not mis this opportunity to own a town house that is close to every thing that you need.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 61% |
| Baths | 2.0 | 3.0 | 39% |
| Square foot | 1,211 | 1,408 | 19% |
| Lot Size | 70 | 1,252 | 6% |
| Price | $249.0K | $285.0K | 47% |
| Price per sq ft | $206 | $221 | 44% |
| Built year | 1987 | 1986 | 50% |
| HOA | $250 | $208 | 64% |
| Days on market | 33 | 1097 | 3% |
Mar 24, 2026
$249,000
Initial Listing