2221 E Osborn Road, Phoenix, AZ 85016, Phoenix, 85016 - 2 bed, 1 bath
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Phoenix, AZ 85016
This Updated Central Phoenix Residence represents a stable entry point into a high-demand corridor, listed at $349,900—aligning perfectly with its $349,900 Fair Market Value. Boasting a Condition Rating of 3, the home features significant capital improvements including a 2022 AC, 2019 roof, and a private patio. The expansive 9,435 sqft lot provides rare Value-Add potential for future expansion or an ADU. Located near Downtown and major hospitals, this turnkey home is a strategic choice for Owner-Occupants or Buy-and-Hold Investors seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 E Osborn Road Subject | $349,900* List Price | 2 | 1 | 935 | $374 | - |
A 2009 E CLARENDON Avenue Sold | $380,000 | 2 | 1 | 950 | $400 | 0.4 mi |
B 2531 E INDIANOLA Avenue Sold | $379,900 List Price | 3 | 2 | 1,110 | 0.5 mi | |
C 2531 E INDIANOLA Avenue Sold | $299,900 List Price | 3 | 2 | 1,110 | 0.5 mi | |
D 3108 N 21ST Place Sold | $445,000 | 3 | 2 | 1,127 | $395 | 0.2 mi |
E 3717 N 20TH Street Sold | $300,000 List Price | 2 | 1 | 780 | 0.4 mi | |
F 2428 E VERDE Lane Sold | $415,000 | 3 | 2 | 1,211 | $343 | 0.5 mi |
G 1840 E CLARENDON Avenue Pending | $369,900 List Price | 3 | 2 | 1,134 | $326 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been well-maintained with significant recent capital improvements, including a 2022 AC unit, a 2019 roof, and a new water heater. The interior features new LVP flooring and fresh paint throughout. While the kitchen and bathroom are basic and utilize older cabinetry and appliances, they have been refreshed with new hardware and paint, meeting the criteria for a well-maintained home with functional major systems within their expected lifespan.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9435, living area = 935.
Situated in a highly desirable Central Phoenix area with close proximity to Phoenix Children's Hospital, Downtown Phoenix, and major freeway access, ensuring strong demand and convenience.
The property features significant high-ticket upgrades including a 2022 AC unit, a 2019 roof, dual-pane windows, and a new water heater, reducing immediate maintenance concerns for the buyer.
With only 935 square feet of living space and a single bathroom, the property's footprint may be restrictive for growing families or buyers seeking more functional utility.
The assigned public schools have low performance ratings (2/10 and 3/10), which could negatively impact long-term resale value and appeal to families prioritizing education.
Updated 2 bed 1 bath home featuring new interior and exterior paint, LVP flooring, and a new water heater. Roof 2019, AC 2022, dual pane windows. Situated on a large lot with block wall. Value-Add potential. Prime Central Phoenix location near Phoenix Children's Hospital, Downtown Phoenix, and easy freeway access. Move-in ready and ideal for owner-occupants or investors.
No exterior & parking available.
Grades PK-8 • 0.4 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 12% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 935 | 1,875 | 3% |
| Lot Size | 9,435 | 8,294 | 72% |
| Price | $349.9K | $595.0K | 32% |
| Price per sq ft | $374 | $354 | 57% |
| Built year | 1950 | 1955 | 24% |
| HOA | $0 | $0 | 50% |
| Days on market | 82 | 1490 | 2% |
Feb 3, 2026
$349,900
Initial Listing