2415 W GREENWAY Road 3, Phoenix, AZ 85023, Phoenix, 85023 - 4 bed, 3 bath
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Phoenix, AZ 85023
This rare 4-Bedroom Townhouse represents a High-Potential Investment Opportunity, listed at $254,900—positioned well below the $290,196 Fair Market Value by 12%. This valuation gap secures $35,296 in Instant Equity for the incoming buyer. While maintaining a Fair Condition Rating, the home features soaring vaulted ceilings, a spacious private backyard, and a private patio. Zoned for the 8/10 rated Thunderbird High School, this property offers a unique blend of space and appreciation potential. It is perfectly suited for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2415 W GREENWAY Road 3 Subject | $254,900* List Price | 4 | 3 | 1,522 | $191 | - |
A 2416 W CARIBBEAN Lane 2 Sold | $207,500 | 3 | 3 | 1,522 | $136 | 0.0 mi |
B 2416 W CARIBBEAN Lane 2 Sold | $207,500 | 3 | 3 | 1,522 | $136 | 0.0 mi |
C 16049 N 25TH Drive Sold | $279,000 | 3 | 3 | 1,360 | $205 | 0.5 mi |
D 14814 N 24TH Drive 7 Sold | $255,000 | 3 | 2 | 1,205 | $212 | 0.3 mi |
E 14814 N 24TH Drive 7 Sold | $255,000 | 3 | 2 | 1,205 | $212 | 0.3 mi |
F 15201 N 25TH Drive 11 Active | $320,000 List Price | 3 | 3 | 1,602 | $200 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, this property is well-maintained and functional but shows clear signs of being outdated. While the home features durable tile flooring and a clean interior, the kitchen cabinetry, bathroom vanities, and appliances reflect older styles likely from a renovation 15-25 years ago. It meets the 'Fair' criteria as an aged property maintained through regular upkeep without recent high-end or modern renovations.
With four bedrooms and three bathrooms, this townhouse offers a rare and highly functional layout for its property type, providing ample space for large families or multi-generational living.
The living area features soaring vaulted ceilings that enhance the sense of space and light, paired with durable tile flooring for a low-maintenance and modern feel.
The property boasts a spacious private backyard and open patio, a significant advantage for a townhouse that offers rare outdoor flexibility for pets, gardening, or entertaining.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =1770, other record lot size in square feet = 2417. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1522, other record living area = 1117.
Constructed in 1975, the property may have aging mechanical systems or original components that could require future capital investment for modernization.
Located on W Greenway Road, a major Phoenix arterial, the property may be subject to higher ambient noise levels and increased traffic during peak hours.
Charming 4-Bedroom Townhome in The Colony - A Must-See! This delightful townhome welcomes you with a spacious living room featuring soaring vaulted ceilings, a soothing neutral palette, and durable tile flooring throughout. The eat-in kitchen boasts generous wood cabinetry, a stylish tile backsplash, and essential built-in appliances that make cooking a breeze. The primary bedroom is a peaceful retreat, complete with soft carpeting, a spacious built-in closet with mirrored doors, and a private ensuite bathroom for added convenience. Outside, enjoy your own slice of paradise with a spacious backyard, open patio, and plenty of room for outdoor relaxation and entertainment. This fantastic property offers both comfort and functionality, with ample space for family living and entertain
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 82% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,522 | 1,205 | 65% |
| Lot Size | 1,770 | 1,803 | 41% |
| Price | $254.9K | $254.9K | 50% |
| Price per sq ft | $167 | $212 | 41% |
| Built year | 1975 | 1981 | 41% |
| HOA | $146 | $160 | 41% |
| Days on market | 12 | 385 | 6% |
Apr 13, 2026
$254,900
Initial Listing