
Phoenix, AZ 85017
This Income-Generating Condominium represents a stable entry-level asset with a List Price of $99,900, aligning perfectly with its $99,900 Fair Market Value. Featuring a Condition Rating of 4, the ground-level unit offers functional, move-in-ready interiors with wood-like vinyl flooring and a master walk-in closet. Its strategic location near Glendale Community College and Montebello School ensures consistent rental demand and long-term occupancy. This low-maintenance property is an ideal acquisition for Buy-and-Hold Investors or First-Time Buyers seeking an affordable Phoenix residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2537 W GEORGIA Avenue 24 Subject | $99,900* List Price | 2 | 1 | 792 | $126 | - |
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 | 0.0 mi |
C 2537 W GEORGIA Avenue 14 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.
The property is in functional, move-in ready condition but is significantly outdated. Built in 1982, it features older oak cabinetry, sheet vinyl flooring, and basic bathroom fixtures. While the interior appears clean and maintained, it lacks modern renovations and shows signs of its age, fitting the criteria for a property built over 20 years ago with no major recent updates.
Priced under $100,000, this property represents a rare entry-level opportunity in the Phoenix market, making it highly attractive for first-time buyers or cash-flow investors.
The property's proximity to Glendale Community College (GCC) ensures consistent rental demand and convenience for students or educational professionals.
As a ground-level unit, it offers easy access without the need for stairs, featuring low-maintenance wood-like vinyl flooring and a functional master walk-in closet.
The $310 monthly association fee is relatively high compared to the sub-$100k purchase price, which may impact the buyer's monthly debt-to-income ratio and overall investment yield.
With only 792 square feet for a two-bedroom configuration, the interior living areas and secondary bedroom may feel restrictive for residents requiring more space.
Welcome to your new home! This ground level 2 bed 1 bath condo features wood-like sheet vinyl flooring throughout, a tiled tub surround, oak kitchen cabinets, a walk-in closet in the master bedroom, 6 panel doors and is just minutes from GCC!
No exterior & parking available.
Grades K-8 • 0.6 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 | 811 | 811 | 50% |
| 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