214 E ALICE Avenue, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This Turnkey Income-Producing Residence is a Strong Value Opportunity, listed at $335,000—positioned well below the $357,860 Fair Market Value by 6%. This valuation gap offers $22,860 in Instant Equity. The property boasts a modernized kitchen, mountain views, and a Turnkey Condition Rating following extensive renovations. With leased solar panels and proximity to the top-rated Sunnyslope High School, it perfectly balances rental profitability with lifestyle appeal. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 214 E ALICE Avenue Subject | $335,000* List Price | 3 | 2 | 1,213 | $295 | - |
A 723 E SUNNYSLOPE Lane Active | $269,000 List Price | 2 | 1 | 794 | $339 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite being built in 1939, the property has undergone an extensive recent renovation, making it a turnkey home. The kitchen is fully modernized with contemporary blue shaker cabinets, gold hardware, quartz countertops, and stainless steel appliances. The interior features updated wood-look flooring, modern light fixtures, and fresh paint throughout, while the exterior includes energy-efficient leased solar panels.
The property is a turnkey, income-producing short-term rental with immediate cash flow potential and the option to be sold fully furnished.
Equipped with leased solar panels, the home offers significantly lower utility costs, which is a major advantage in the Phoenix desert climate.
Centrally located in Phoenix with no HOA fees and excellent proximity to Sunnyslope High School, which boasts a strong rating of 7/10.
Built in 1939, the property's age may present challenges with older plumbing, electrical, or structural components despite its turnkey appearance.
The small 2,409 square foot lot provides very little outdoor space, which may deter buyers looking for a traditional backyard or room for expansion.
Turnkey, short-term rental in the Sunnyslope neighborhood of Phoenix. This thoughtfully designed home features an openliving space and a fully equipped kitchen with stainless steel appliances. The low-maintenance yard allows for easy upkeep while still offering outdoor space. Currently operating as a successful short-term, income-producing rental, the property offers immediate cash flow potential and can be sold fully furnished with a separate bill of sale. The home also includes leased solar panels, helping keep utility costs low. Ideal for investors or owner-users seeking a move-in-ready home in a prime central Phoenix location.
No exterior & parking available.
Grades PK-5 • 0.2 mi
Grades 5-8 • 1.7 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,213 | 1,918 | 14% |
| Lot Size | 2,409 | 8,306 | 1% |
| Price | $335.0K | $446.0K | 40% |
| Price per sq ft | $276 | $282 | 48% |
| Built year | 1939 | 1967 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 37 | 1413 | 0% |
Mar 20, 2026
$335,000
Initial Listing