2646 W WOLF Street, Phoenix, AZ 85017, Phoenix, 85017 - 2 bed, 2 bath
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Phoenix, AZ 85017
This townhome presents a High-Potential Investment Opportunity with a List Price of $175,000—positioned well below the $168,557 Fair Market Value by -3%. While the property carries a Condition Rating of 5, indicating a need for a full interior rehab to address structural and system defects, the renovated bathrooms and oversized covered patio provide a functional foundation. This asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers capable of managing significant renovation projects to capture long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2646 W WOLF Street Subject | $175,000* List Price | 2 | 2 | 1,088 | $155 | - |
A 2645 W ELM Street Sold | $215,000 | 3 | 2 | 1,298 | $166 | 0.1 mi |
B 2643 W WOLF Street Active | $170,000 List Price | 3 | 2 | 1,196 | $142 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972, this property shows significant signs of deferred maintenance and system failures. While the description mentions renovated bathrooms, the kitchen features dated cabinetry and laminate counters. Major red flags include visible holes in the ceiling, unfinished drywall and electrical work, and the presence of wall-mounted AC units (one covered in plastic), which strongly suggests the central HVAC system is non-functional. The property requires a full interior rehab to address safety and structural defects.
Priced at $175,000, this property offers a highly competitive entry point into the Phoenix market, presenting a strong opportunity for first-time buyers and investors seeking high yield potential.
The home features renovated bathrooms, including a thoughtfully designed roll-in shower, providing both updated aesthetics and essential accessibility features that broaden its market appeal.
The oversized covered patio combined with mature landscaping creates a private, shaded outdoor retreat that significantly extends the functional living space of the home.
Built in 1972, the townhome may require attention to aging infrastructure or original systems common in older developments, potentially leading to higher long-term maintenance costs.
The monthly association fee of $278 adds a fixed carrying cost that budget-conscious buyers must weigh against the low purchase price when calculating total monthly obligations.
Charming 2-bedroom, 2-bath townhome offering a spacious open floor plan with abundant natural light and easy-care tile flooring throughout. The kitchen features ample cabinetry, generous counter space, and stainless steel dishwasher. Both bathrooms have been renovated, including a beautifully designed roll-in shower for enhanced accessibility. The oversized covered patio creates the perfect outdoor living space for relaxing or entertaining, while mature landscaping adds privacy and shade. Conveniently located near shopping, dining, parks, schools, and freeway access, this home is an excellent opportunity for first-time buyers, downsizers, or investors alike.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,088 | - |
| Lot Size | 2,905 | - |
| Price | $175.0K | $341.8K |
| Price per sq ft | $161 | $259 |
| Built year | 1972 | 0 |
| HOA | $278 | $0 |
| Days on market | 25 | 1211 |
Jul 2, 2026
$175,000
Initial Listing