
Phoenix, AZ 85009
This property presents a High-Potential Investment Opportunity with a List Price of $127,000—positioned well above the $95,158 Fair Market Value by -33%. Given the Condition Rating of 5, the property requires a comprehensive interior rehab to address deferred maintenance. The 2-bedroom, 2-bathroom layout offers a functional footprint for rental conversion. Located near P T Coe Elementary, this asset is best suited for Buy-and-Hold Investors or experienced contractors capable of executing a full-scale renovation to stabilize the property's long-term value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2652 N 43RD Avenue C Subject | $127,000* List Price | 2 | 2 | 1,036 | $92 | - |
A 2666 N 43RD Avenue C Active | $140,000 List Price | 2 | 2 | 1,036 | $135 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1973 (51 years old) with no evidence of recent renovations. The exterior shows significant neglect, deferred maintenance, and debris. Given the extremely high days on market (535) and low price point, the property likely requires a full interior rehab of the kitchen, bathrooms, and major systems to meet modern standards.
Priced at $127,000, this townhouse offers a highly accessible entry point into the Phoenix real estate market, making it an attractive option for first-time buyers or investors seeking low-cost acquisitions.
The 2-bedroom, 2-bathroom configuration within 1,036 square feet provides a functional and balanced living space that is highly desirable for small families or rental purposes.
The property is conveniently located within walking distance (0.58 miles) of P T Coe Elementary School, offering ease of access for families with young children.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1036, other record living area = 1106.
With 535 days on the market, the property has experienced significant stagnation, which may indicate underlying condition issues or a lack of competitive appeal compared to newer inventory.
The assigned elementary and high schools have relatively low performance ratings (2/10 and 4/10), which could deter families prioritizing academic excellence and impact long-term resale value.
Exceptional opportunity in Phoenix. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,036 | - |
| Lot Size | 261 | - |
| Price | $127.0K | $341.8K |
| Price per sq ft | $123 | $259 |
| Built year | 1973 | 0 |
| HOA | $296 | $0 |
| Days on market | 593 | 1211 |
Dec 6, 2024
$127,000
Initial Listing