2629 W OCOTILLO Road 2, Phoenix, AZ 85017, Phoenix, 85017 - 2 bed, 2 bath
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Phoenix, AZ 85017
This Prime Investment Opportunity is a 2-bedroom townhouse listed at $159,900, positioned well below the $164,316 Fair Market Value by 2%. This valuation gap offers $4,416 in Instant Equity. Featuring a Condition Rating of 2 with recent renovations, including new carpet and modern finishes, the property is move-in ready. With a private 1-car garage and community pool, it provides strong rental appeal for Buy-and-Hold Investors and first-time buyers seeking a central, low-maintenance Phoenix residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2629 W OCOTILLO Road 2 Subject | $159,900* List Price | 2 | 2 | 968 | $170 | - |
A 2633 W OCOTILLO Road 3 Active | $169,500 List Price | 2 | 1 | 880 | $193 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1979, the property has undergone a comprehensive recent renovation (likely <5 years) featuring a modern kitchen with white shaker cabinets and stone countertops, brand-new carpeting, fresh neutral paint, and updated flooring, making it move-in ready with no immediate maintenance required.
Priced at $159,900, this property offers a highly competitive entry-level price point for the Phoenix area, making it an attractive option for first-time buyers or investors seeking strong rental yields.
The inclusion of a private attached 1-car garage plus an additional assigned parking space is a rare and valuable feature for a townhouse at this price, providing both security and convenience.
The property is ideally situated near Grand Canyon University, I-17, and downtown Phoenix, offering residents easy access to major employment hubs, education, and urban amenities.
The monthly association fee of $348 is relatively high compared to the listing price, which may impact the overall monthly affordability and debt-to-income ratio for potential buyers.
The assigned elementary and middle schools have lower performance ratings (3 and 4 respectively), which could be a concern for families with young children and may influence future resale appeal.
Beautifully updated 2-bedroom, 1.5-bath townhome offering 968 sq ft of comfortable living in a convenient central Phoenix location. This two-story home features brand-new carpet in the living room and on the stairs, an open living and dining area, neutral finishes, and a functional kitchen with ample cabinet space. Both bedrooms are generously sized with spacious closets. Washer and dryer hookups provide the convenience of in-unit laundry. Enjoy a private attached 1-car garage plus an additional assigned parking space. The community features a sparkling pool and well-maintained common areas. Conveniently located near I-17, Grand Canyon University, shopping, dining, parks, and downtown Phoenix, offering easy access to everything the Valley has to offer.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades 7-8 • 1.9 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 968 | - |
| Lot Size | 444 | - |
| Price | $159.9K | $341.8K |
| Price per sq ft | $165 | $259 |
| Built year | 1979 | 0 |
| HOA | $348 | $0 |
| Days on market | 10 | 1211 |
Jul 13, 2026
$159,900
Initial Listing