2537 W GEORGIA Avenue 14, Phoenix, AZ 85017, Phoenix, 85017 - 2 bed, 1 bath
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Phoenix, AZ 85017
This Income-Generating Condominium represents a rare entry-level Asset in the Phoenix market. With a List Price of $99,900, the property offers a low-capital acquisition opportunity compared to regional averages, though it currently sits above the $92,010 Fair Market Value. Featuring a Condition Rating of 4, the interior includes durable tile flooring and a functional ground-floor plan. Its proximity to Glendale Community College and Montebello School drives strong rental demand and long-term occupancy potential. This is an ideal selection for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 W GEORGIA Avenue 14 Subject | $99,900* List Price | 2 | 1 | 792 | $116 | - |
A 2537 W GEORGIA Avenue 18 Sold | $81,000 | 2 | 1 | 792 | $102 | 0.0 mi |
B 2537 W GEORGIA Avenue 2 Sold | $92,500 | 2 | 1 | 792 | $117 | 0.1 mi |
C 2537 W GEORGIA Avenue 24 Active | $99,900 List Price | 2 | 1 | 792 | $126 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1982, this condo is well-maintained but shows significant signs of age in its core features. The kitchen contains dated oak cabinetry, laminate countertops, and older black appliances including a coil-top stove. While the tile flooring throughout is a practical and durable update, the wall-mounted HVAC unit and basic light fixtures reflect the property's age without recent major renovations. It is move-in ready but would require cosmetic and appliance updates to meet modern standards.
Priced under $100,000, this property represents a rare and highly affordable entry point into the Phoenix real estate market, ideal for first-time buyers or budget-conscious investors.
The unit features tile flooring throughout, offering a durable, easy-to-clean surface that is perfectly suited for the desert climate and high-traffic rental use.
As a ground-floor unit, the property provides easy access without the need for stairs, complemented by efficient storage solutions including a master walk-in closet.
The monthly association fee of $310 is significant relative to the purchase price, which may impact the overall debt-to-income ratio for buyers and reduce net cash flow for investors.
With only 792 square feet for a two-bedroom configuration, the living spaces and bedrooms are quite small, which may limit appeal for families or those requiring larger furniture.
Welcome to your new home! This ground level 2 bed 1 bath condo features tile floors throughout, a walk-in closet in the master bedroom, double closets in the 2nd bedroom, 6 panel doors and is just minutes from GCC!
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 792 | 792 | 50% |
| Lot Size | 820 | 817 | 60% |
| Price | $99.9K | $81.5K | 80% |
| Price per sq ft | $126 | $103 | 80% |
| Built year | 1982 | 1982 | 50% |
| HOA | $310 | $300 | 60% |
| Days on market | 172 | 172 | 60% |
Nov 5, 2025
$99,900
Initial Listing