
Phoenix, AZ 85015
This Value-Add Townhouse represents a strategic acquisition listed at $229,900, offering a competitive square-footage-to-price ratio for the Phoenix market. Currently holding a Condition Rating of 5, the property features vintage 1977 infrastructure and dated interiors that require a full rehab to reach peak market potential. The 1,188-square-foot floor plan includes two large bedrooms and a private backyard, providing a solid foundation for forced appreciation. Located near the I-17 corridor, the property is primed for high rental demand. This asset is ideal for Buy-and-Hold Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2221 W TURNEY Avenue C Subject | $219,900* List Price | 2 | 2 | 1,188 | $104 | - |
A 2030 W HIGHLAND Avenue Sold | $239,000 | 3 | 2 | 1,260 | $190 | 0.5 mi |
B 2133 W TURNEY Avenue C88 Active | $165,000 List Price | 2 | 1 | 960 | $172 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1977 (>30 years) with no evidence of recent renovations. The interior features dated popcorn ceilings, older fixtures, and visible wear on walls/trim, indicating the property requires a full rehab to be competitive.
Priced competitively at $229,900 for nearly 1,200 square feet, this property offers a high square-footage-to-price ratio, making it an ideal entry-level purchase or high-yield rental opportunity.
The property's proximity to the I-17 corridor and local shopping and dining hubs provides excellent connectivity and convenience for commuters and urban professionals.
The floor plan features a clear separation of living and sleeping quarters with two large upstairs bedrooms and two full baths, maximizing privacy and utility within a compact footprint.
With only one assigned covered parking spot for a two-bedroom unit, parking may be a significant constraint for multi-vehicle households or visiting guests.
Built in 1977, the property may require capital improvements or modernization of major systems to meet current energy efficiency standards and contemporary aesthetic preferences.
Incredible investment home in a convenient location. Superb value for the size and price in this 8-unit complex. Kitchen/Living room/laundry downstairs and 2 large bedrooms upstairs. All rooms have ceiling fans. 2 full baths and inside laundry. Small and cozy backyard with block fence provides cozy private enjoyment. 1 assigned covered parking spot in the back. Very close to I-17 and shopping, dinning and entertainment etc. ARMLS lockbox located at the right side of the front door.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,188 | - |
| Lot Size | 697 | - |
| Price | $219.9K | $341.8K |
| Price per sq ft | $185 | $259 |
| Built year | 1977 | 0 |
| HOA | $175 | $0 |
| Days on market | 96 | 1211 |
May 29, 2026
$219,900
$229,900
-4% Price Drop
Initial Listing
Apr 18, 2026
$229,900
Initial Listing