2536 W KATHLEEN Road, Phoenix, AZ 85023, Phoenix, 85023 - 2 bed, 3 bath
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Phoenix, AZ 85023
This Residential Townhouse is listed at $177,000, currently positioned near its $171,550 Fair Market Value. With a Condition Rating of 4, the home offers a functional but original 1997 interior, providing a strategic opportunity for value-add renovations to the kitchen and flooring. The asset is distinguished by an exceptionally low $90 Association Fee and its location within the high-performing Thunderbird High School zone. While presently Active Under Contract, it represents a high-demand entry point for Buy-and-Hold Investors or first-time buyers focused on long-term appreciation in a stable Phoenix submarket.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2536 W KATHLEEN Road Subject | $177,000* List Price | 2 | 3 | 1,225 | $140 | - |
A 2416 W CARIBBEAN Lane 2 Sold | $207,500 | 3 | 3 | 1,522 | $136 | 0.5 mi |
B 2416 W CARIBBEAN Lane 2 Sold | $207,500 | 3 | 3 | 1,522 | $136 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1997, this townhouse appears to be in mostly original condition. The kitchen and bathrooms feature dated oak cabinetry, laminate countertops, and older white appliances typical of the late 90s. While the property is well-maintained and functional, it lacks modern updates to flooring, light fixtures, and major systems, fitting the criteria for a home over 20 years old that has not undergone significant renovation.
Priced at $177,000, this property represents a highly competitive entry-level price point for a 2-bedroom townhouse in the Phoenix area, offering significant value for first-time homeowners or investors.
The association fee is remarkably low at $90 per month, which is well below average for townhouse communities and helps maintain a low debt-to-income ratio for the owner.
The property is zoned for Thunderbird High School, which carries a high rating of 8, providing a significant draw for families and supporting the home's long-term resale appeal.
With a lot size of 1,188 square feet for a 1,225 square foot home, the property offers virtually no private yard or outdoor living space, which may be a drawback for pet owners or those who enjoy gardening.
The current status of 'Active Under Contract' suggests that the property has already secured a buyer, meaning new interested parties may only be able to submit backup offers.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-6 • 0.9 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 18% |
| Baths | 3.0 | 2.0 | 65% |
| Square foot | 1,225 | 1,205 | 53% |
| Lot Size | 1,188 | 1,803 | 12% |
| Price | $177.0K | $225.0K | 35% |
| Price per sq ft | $144 | $212 | 41% |
| Built year | 1997 | 1981 | 94% |
| HOA | $90 | $160 | 6% |
| Days on market | 26 | 386 | 6% |
Mar 31, 2026
$177,000
Initial Listing