
Phoenix, AZ 85017
This property presents a Strong Value Opportunity with a List Price of $170,000—positioned well below the $190,332 Fair Market Value by 10%. This valuation gap offers $20,332 in Instant Equity for buyers. Featuring a Fair Condition Rating, the home requires cosmetic updates, yet its proximity to Grand Canyon University and the I-17 freeway ensures high rental demand. With a gated community pool and private patio, this is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2643 W WOLF Street Subject | $170,000* List Price | 3 | 2 | 1,196 | $159 | - |
A 2645 W ELM Street Sold | $215,000 | 3 | 2 | 1,298 | $166 | 0.0 mi |
B 4705 N 26TH Lane Pending | $185,000 List Price | 3 | 3 | 1,080 | $171 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is over 50 years old and shows significant dating. The kitchen features older white appliances, laminate countertops, and a fluorescent light box. Flooring consists of dated vinyl tile and worn carpeting. While functional and move-in ready, the home requires cosmetic updates and likely system modernizations to meet current standards.
The property's proximity to Grand Canyon University and the I-17 freeway makes it a prime choice for student rentals or commuters seeking easy access to the Phoenix metro area.
At $170,000 for a 3-bedroom residence, this home offers significant value and an affordable entry point for first-time buyers or investors looking for high yield potential.
The inclusion of a community pool and the security of a gated entrance enhance the lifestyle appeal and desirability for future tenants or owners.
A 3-bedroom layout with only 1.5 bathrooms may be a drawback for families or multiple roommates, potentially limiting the property's functional appeal.
Built in 1972, the property may require capital improvements or modernization of its original systems and finishes to remain competitive with newer developments.
This home is in a prime location, just minutes from Grand Canyon University, with quick access to the I-17 freeway, shops, and restaurants. Gated community with community pool. Perfect for first home buyers or investors. Come grab this 3-bedroom, 1.5-bath home quickly. Don't miss owning this gem in Phoenix!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,196 | - |
| Lot Size | 2,165 | - |
| Price | $170.0K | $341.8K |
| Price per sq ft | $142 | $259 |
| Built year | 1972 | 0 |
| HOA | $278 | $0 |
| Days on market | 21 | 1211 |
Jul 2, 2026
$170,000
Initial Listing