
Phoenix, AZ 85008
This Updated STR-Permitted Condo is listed at $239,000, offering a stable and fair entry point closely aligned with its $236,499 Fair Market Value. Boasting a Condition Rating of 3, the interior features a new HVAC system, updated windows, and brand-new appliances. The property includes a private patio and benefits from a prime location on the Phoenix/Scottsdale border with high rental demand. With short-term rentals permitted and proximity to Griffith Elementary, this turnkey residence is an ideal acquisition for Short-Term Rental Investors or First-Time Buyers seeking a low-maintenance lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2320 N 52ND Street 115 Subject | $239,000* List Price | 2 | 2 | 810 | $292 | - |
A 2228 N 52ND Street 236 Sold | $179,000 | 1 | 1 | 660 | $271 | 0.1 mi |
B 4414 E HUBBELL Street 66 Sold | $295,000 | 2 | 2 | 1,012 | $292 | 1.0 mi |
C 2228 N 52ND Street N 132 Active | $199,999 List Price | 1 | 1 | 660 | $303 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant recent updates, including a new HVAC system, updated windows, brand-new stainless steel appliances, and fresh interior paint. While the 1983 build date and original cabinet styles are evident, the modern wood-look flooring, updated light fixtures, and well-maintained systems meet the criteria for a 'Good' condition rating.
Perfectly positioned on the border of Phoenix, Scottsdale, and Tempe, this property offers exceptional proximity to ASU, Old Town Scottsdale, and Sky Harbor Airport, ensuring high demand for both residents and tenants.
The allowance of short-term rentals (Airbnb/VRBO) combined with a low HOA fee makes this an ideal turnkey opportunity for investors looking to capitalize on the high-demand Phoenix rental market.
The unit features significant high-value upgrades, including a new HVAC system, updated window package, brand-new appliances, and fresh interior paint, minimizing immediate maintenance costs for the buyer.
With only 810 square feet for a two-bedroom, two-bathroom layout, the interior proportions may feel restrictive for long-term residents or those requiring larger furniture sets.
Built in 1983, the community's overall infrastructure and common areas are over 40 years old, which may lead to increased maintenance needs or future assessments typical of older developments.
On the Phoenix/Scottsdale/Tempe border, this updated 2br/2ba condo offers exceptional flexibility for both homeowners and investors. Offering an updated HVAC system & window package, brand-new appliances & fresh interior paint for a clean, modern feel. Short-term rentals are permitted (Airbnb/VRBO), creating strong income potential in a high-demand area. Just minutes from ASU, Old Town Scottsdale, Sky Harbor & Downtown Phoenix, the location supports consistent rental appeal and convenient freeway access. Enjoy low-maintenance living in a quiet, well-kept community of only 40 units with a reasonable HOA fee. This is an excellent opportunity in one of the Valley's most connected corridors, walking distance to Papago Park & Arcadia hotspots. Location, flexibility & future appreciation!
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 3.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 810 | 968 | 26% |
| Lot Size | 919 | 821 | 63% |
| Price | $239.0K | $235.0K | 53% |
| Price per sq ft | $295 | $252 | 89% |
| Built year | 1983 | 1986 | 47% |
| HOA | $200 | $210 | 42% |
| Days on market | 65 | 1493 | 5% |
Apr 9, 2026
$239,000
$250,000
-4% Price Drop
Initial Listing
Feb 20, 2026
$250,000
Initial Listing