2315 W UNION HILLS Drive 122, Phoenix, AZ 85027, Phoenix, 85027 - 3 bed, 3 bath
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Phoenix, AZ 85027
This Value-Add Townhouse Asset presents a High-Potential Investment Opportunity, listed at $220,000 which represents a stable entry point at its $220,000 Fair Market Value. Currently holding a Fair Condition Rating, the property features a spacious 1,534-square-foot floor plan with dual private balconies and a community pool. Proximity to Village Meadows Elementary and Barry Goldwater High School enhances its long-term rental appeal. This approved short sale offers significant upside through cosmetic renovations, making it an ideal acquisition for Buy-and-Hold Investors or Contractors seeking a high-sqft project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2315 W UNION HILLS Drive 122 Subject | $220,000* List Price | 3 | 3 | 1,534 | $143 | - |
A 2315 W UNION HILLS Drive 112 Sold | $282,000 | 2 | 3 | 1,544 | $183 | 0.0 mi |
B 2201 W Union Hills Drive 118 Sold | $197,705 | 2 | 2 | 1,266 | $156 | 0.1 mi |
C 2201 W Union Hills Drive 118 Sold | $197,705 | 2 | 2 | 1,266 | $156 | 0.1 mi |
D 2315 W UNION HILLS Drive 115 Active | $249,000 List Price | 3 | 3 | 1,534 | $162 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1986, the property appears to have mostly original features, including dated bathroom vanities and fixtures that show significant wear and staining. The interior is heavily cluttered and requires deep cleaning, new flooring, and cosmetic updates throughout. While functional, the home reflects its nearly 40-year age with no evidence of recent renovations, aligning with the 'fair' criteria for properties of this vintage with deferred maintenance.
Priced at $220,000 for over 1,500 square feet, this property offers a highly competitive price-per-square-foot, providing an excellent entry point for homeowners or investors in the Phoenix market.
The unit features rare dual outdoor spaces, including a large private balcony off the primary suite and a shared balcony for secondary bedrooms, significantly enhancing the living experience.
Situated near major freeways and the intersection of 23rd Avenue and Union Hills Drive, the property offers prime accessibility to shopping, dining, and employment hubs.
As a short sale, the transaction involves additional lender oversight and potential processing hurdles that can lead to more complex closing requirements than a standard equity sale.
The $346 monthly association fee is a significant recurring expense that buyers must factor into their monthly budget and overall affordability calculations.
Spacious two-story condo featuring 3 bedrooms and 2.5 bathrooms in a well-located Phoenix community near 23rd Avenue & Union Hills Drive. This home offers a smart, functional layout with all bedrooms upstairs and generous living space below. Enjoy two private balconies-a shared balcony off the two secondary bedrooms and a large private balcony off the primary suite, perfect for relaxing mornings or evening unwinding. The community includes a shared pool, ideal for Arizona summers. Conveniently located near major freeways, shopping, dining, and outdoor recreation. ALREADY APPROVED SHORT SALE AT SALES PRICE OF $220,000.
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 3.0 | 2.0 | 64% |
| Square foot | 1,534 | 1,190 | 95% |
| Lot Size | 818 | 936.5 | 43% |
| Price | $220.0K | $208.9K | 50% |
| Price per sq ft | $143 | $204 | 40% |
| Built year | 1986 | 1985 | 57% |
| HOA | $346 | $200 | 98% |
| Days on market | 102 | 1500 | 5% |
Jan 14, 2026
$220,000
Initial Listing