2635 W Rose Lane B-215, Phoenix, AZ 85017, Phoenix, 85017 - 0 bed, 1 bath
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Phoenix, AZ 85017
This Stock Cooperative Asset represents a High-Potential Investment Opportunity, listed at a List Price of $54,000, which aligns with its $54,000 Fair Market Value. While the property maintains a Fair Condition Rating due to its 1963 vintage, the unit offers immediate utility with brand new carpeting and an enclosed balcony. Its strategic proximity to GCU and Downtown Phoenix ensures consistent rental demand. This property is a stable, low-entry-point acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in ready residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2635 W Rose Lane B-215 Subject | $54,000* List Price | 0 | 1 | 550 | $98 | - |
A 2569 W Berridge Lane D-115 Active | $68,000 List Price | 1 | 1 | 572 | $119 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property, built in 1963, is well-maintained but shows its age. While it features brand new carpeting and is move-in ready, the kitchen and bathroom remain outdated with older cabinetry, laminate countertops, and basic white appliances. The presence of wood paneling and older vertical blinds further reflects a lack of recent comprehensive renovation, placing it firmly in the fair category.
Priced at $54,000, this unit offers a rare entry-level price point in the Phoenix market, making it an ideal opportunity for budget-conscious buyers or students.
Situated just 2 miles from Grand Canyon University and 12 minutes from Downtown Phoenix with easy I-17 access, the property is perfectly positioned for high rental demand and easy commuting.
The unit features brand new carpeting and an enclosed balcony, providing immediate comfort and additional functional living space without the need for initial renovations.
The community's strict 'no pets' policy significantly limits the pool of potential buyers and may be a dealbreaker for many residents.
As a Stock Cooperative, this property may present more complex financing challenges and stricter approval processes compared to traditional fee-simple real estate.
Economical studio upstairs unit with BRAND NEW STAINLESS STEEL APPLIANCES and BRAND NEW CARPET throughout with an enclosed balcony in the Bahama Community, just 2 miles from GCU, 12 minutes to Downtown Phoenix, and easy I-17 access. Community pool, manicured grounds, & gated access. Perfect for snowbirds, retirees, first-time buyers or students! Priced for quick sale! Sorry no pets.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 550 | - |
| Lot Size | - | - |
| Price | $54.0K | $75.0K |
| Price per sq ft | $98 | $58 |
| Built year | 1963 | 0 |
| HOA | $192 | $0 |
| Days on market | 131 | 131 |
Mar 14, 2026
$54,000
Initial Listing