2724 W McLellan Boulevard 133, Phoenix, AZ 85017, Phoenix, 85017 - 2 bed, 2 bath
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Phoenix, AZ 85017
This Value-Add Townhouse Asset presents a strategic entry into the Phoenix market, specifically McLellan Manor, listed at $190,000 and aligning closely with its $187,231 Fair Market Value. With a Condition Rating of 4, the property is a short sale opportunity requiring 'elbow grease' to modernize finishes. The 986 sq. ft. two-level layout and proximity to the 7-rated Washington High School provide strong fundamentals for future appreciation, complemented by a community pool. This property is a calculated acquisition for Buy-and-Hold Investors or first-time buyers looking to build wealth through strategic renovations.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2724 W McLellan Boulevard 133 Subject | $190,000* List Price | 2 | 2 | 986 | $190 | - |
A 6230 N 33RD Avenue 129 Sold | $150,000 | 2 | 2 | 951 | $158 | 0.8 mi |
B 2724 W MCLELLAN Boulevard 116 Sold | $217,000 List Price | 2 | 2 | 986 | 0.1 mi | |
C 6230 N 33RD Avenue 129 Sold | $150,000 | 2 | 2 | 951 | $158 | 0.8 mi |
D 2724 W McLellan Boulevard 103 Sold | $150,000 List Price | 2 | 2 | 986 | 0.1 mi | |
E 2724 W MCLELLAN Boulevard W 119 Active | $225,000 List Price | 2 | 2 | 986 | $228 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1981, the property is functional but significantly outdated, consistent with the 'fair' criteria for homes over 20 years old with no major recent renovations. The kitchen features older wood-grain cabinetry, laminate countertops, and dated appliances. While some flooring appears updated, the listing description explicitly calls for 'elbow grease' and 'vision,' indicating deferred maintenance and the need for cosmetic repairs typical of a pre-foreclosure short sale.
Priced competitively as a short sale, this property offers significant upside for investors or handy homeowners looking to build equity through strategic renovations.
The home is conveniently situated near major dining, shopping, and entertainment hubs, with the highly-rated Washington High School located less than a mile away.
The nearly 1,000 sq. ft. two-level floor plan provides a practical separation of space, complemented by access to a community pool for leisure.
The property requires significant 'elbow grease' and vision, indicating that immediate capital investment is needed to address its current state.
As a pre-foreclosure short sale, the purchase process may involve extended timelines and third-party approval hurdles compared to a standard sale.
Dont miss this one! The bank has issued the approval and the file is ready to move to closing. The approval includes the full 3% toward the buyer's loan costs. We can close quickly with a clean offer. Buyers to verify all material facts they deem relevant during the inspection period.
No exterior & parking available.
Grades K-6 • 0.5 mi
Grades 7-8 • 1.7 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 986 | 986 | 50% |
| Lot Size | 1,085 | 1,825 | 41% |
| Price | $190.0K | $160.0K | 65% |
| Price per sq ft | $193 | $166 | 53% |
| Built year | 1981 | 1980 | 59% |
| HOA | $231 | $200 | 71% |
| Days on market | 155 | 2180 | 12% |
Nov 22, 2025
$190,000
Initial Listing