2543 N 22ND Drive, Phoenix, AZ 85009, Phoenix, 85009 - 3 bed, 2 bath
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Phoenix, AZ 85009
This townhouse presents a Prime Investment Opportunity with a List Price of $235,000—positioned well below the $242,456 Fair Market Value by 3%. This valuation gap offers $7,456 in Instant Equity. Featuring a 3-bedroom split floorplan and dual patios, the property maintains a Condition Rating of 4, indicating a need for cosmetic modernization. Located in the historic Encanto Park area, this asset provides a stable foundation for Buy-and-Hold Investors or first-time buyers seeking to build value through strategic interior updates.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2543 N 22ND Drive Subject | $235,000* List Price | 3 | 2 | 1,260 | $192 | - |
A 2541 N 22ND Drive Active | $279,900 List Price | 3 | 2 | 1,244 | $225 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968, this property is over 50 years old and remains largely dated. While functional and well-maintained, it features older finishes, popcorn ceilings, and a basic kitchen refresh rather than a full modern renovation. Systems like the roof-mounted HVAC appear aged, and the interior requires cosmetic updates to meet modern standards.
Situated in the desirable Encanto Park area, the property offers immediate access to golf courses, picnic grounds, and mature tree-lined streets, significantly enhancing lifestyle appeal.
The 3-bedroom split floorplan includes a bonus family room and dual patios, providing more functional square footage and private outdoor living options than typical townhomes.
The association fee covers major expenses including exterior maintenance and roof repair, alongside community amenities like a pool and clubhouse, ensuring low-maintenance living.
Built in 1968, the property may require significant capital investment for modernizing systems or interior finishes to meet contemporary buyer expectations.
The assigned public schools carry ratings of 3 and 4, which may be a drawback for education-focused families and could impact long-term resale velocity.
Charming 3-bedroom, 2-bath townhouse in the heart of the historic Encanto Park neighborhood. This split floorplan home offers a bonus family room, breakfast bar, washer and dryer, a front patio, and a back patio with a gate leading directly to covered parking and a storage area. Set in a well-maintained community with a pool and clubhouse, with the HOA covering exterior maintenance, roof, and common area upkeep. Located in a mature, tree-lined area close to schools, minutes from historic Encanto Park's golf course and picnic grounds.
No exterior & parking available.
Grades PK-8 • 0.3 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,260 | - |
| Lot Size | 2,161 | - |
| Price | $235.0K | $341.8K |
| Price per sq ft | $187 | $259 |
| Built year | 1968 | 0 |
| HOA | $242 | $0 |
| Days on market | 4 | 1211 |
Jul 21, 2026
$235,000
Initial Listing