2608 W MONTEREY Way, Phoenix, AZ 85017, Phoenix, 85017 - 3 bed, 1 bath
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Phoenix, AZ 85017
This property represents a Strong Value Opportunity, listed at $330,000—positioned slightly above the $320,107 Fair Market Value. While priced at market, the home features a Condition Rating of 3 with modern Granite Kitchen upgrades and a versatile 500 sq ft Guest House. This secondary unit provides significant utility for multi-generational living or rental income. Located near major freeways and the light rail, this home offers a stable, move-in-ready lifestyle. It is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a functional, income-generating asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2608 W MONTEREY Way Subject | $330,000* List Price | 3 | 1 | 1,223 | $262 | - |
A 2611 W OSBORN Road Sold | $245,000 | 3 | 1 | 1,080 | $227 | 0.1 mi |
B 4222 N 30TH Drive Sold | $280,000 | 3 | 2 | 1,241 | $226 | 1.0 mi |
C 2749 W MONTECITO Avenue Sold | $305,000 | 3 | 2 | 1,100 | $277 | 1.0 mi |
D 4128 N 29TH Avenue Sold | $295,000 | 3 | 2 | 1,431 | $206 | 0.8 mi |
E 2611 W OSBORN Road Active | $330,000 List Price | 3 | 1 | 1,080 | $306 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While built in 1951, the property has undergone significant renovations likely within the 5-15 year range. The kitchen features updated granite countertops, stainless steel appliances, and modern cabinetry. The inclusion of a finished 500 sq ft guest house with matching updates and move-in ready interior finishes (tile/wood flooring) elevates the condition above 'Fair' despite the home's chronological age.
The inclusion of a fully equipped 500 sq ft guest house with its own kitchen and bathroom provides exceptional value for multi-generational living or potential rental income.
The main residence features high-quality updates including granite countertops, stainless steel appliances, and a mix of tile and wood flooring, ensuring a move-in-ready experience.
Located near major freeways and the light rail with the added benefit of no HOA fees, this property offers both convenience and lower monthly ownership costs.
With three bedrooms but only one bathroom in the main house, the layout may present functional challenges for larger families or modern buyer preferences.
Originally built in 1951, the property may require attention to aging mechanical or structural systems typical of homes from this era, despite the cosmetic renovations.
This 3-bedroom, 1-bathroom Phoenix home with a guest house. The interior features tile and wood flooring throughout, custom paint, and an updated kitchen with granite countertops, stainless steel appliances, and a tasteful backsplash. Out back, you'll find a 500 sq ft guest house complete with its own kitchen, living room, bedroom, and bathroom, also finished with granite countertops, ideal for extended family or additional rental income. The backyard is a great size. Located close to shopping, freeways, and light rail.
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,223 | - |
| Lot Size | 6,242 | - |
| Price | $330.0K | $495.4K |
| Price per sq ft | $270 | $290 |
| Built year | 1951 | 0 |
| HOA | $0 | $0 |
| Days on market | 90 | 1260 |
Apr 24, 2026
$330,000
Initial Listing