
Phoenix, AZ 85018
This Move-In Ready Townhouse represents a Prime Investment Opportunity, listed at $469,995—positioned well below the $482,404 Fair Market Value by 2%. This valuation gap provides $12,409 in Instant Equity for the buyer. Featuring a Good Condition Rating, a Rare Two-Car Garage, and a private Patio, this home offers low-maintenance living in the heart of Arcadia Lite. With its strategic location and seller-paid HOA incentive, this property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2929 N 37TH Street 10 Subject | $469,995* List Price | 3 | 3 | 1,623 | $297 | - |
A 3041 N 37TH Way Sold | $525,000 | 3 | 3 | 1,757 | $299 | 0.1 mi |
B 3221 N 37TH Street 26 Sold | $462,000 | 2 | 3 | 1,418 | $326 | 0.4 mi |
C 3221 N 37TH Street 26 Sold | $462,000 | 2 | 3 | 1,418 | $326 | 0.4 mi |
D 2929 N 37TH Street 10 Active | $469,995 List Price | 3 | 3 | 1,623 | $290 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2005, the property is approximately 21 years old, placing it at the threshold of the 'Good' and 'Fair' categories. However, the 'move-in ready' status, clean interior photos, and well-maintained flooring and paint justify a 'Good' rating. While the bathroom fixtures appear to be original builder-grade, the home is functional and requires no immediate rehab.
Situated in the highly desirable Arcadia Lite neighborhood, this property offers exceptional walkability and proximity to popular dining, coffee shops, and nightlife.
The seller's offer to cover one full year of HOA fees provides substantial immediate value and reduces the buyer's carrying costs during the first year of ownership.
Unlike many townhomes in the area, this unit includes a rare two-car garage, providing secure parking and essential additional storage space.
The assigned public schools for this address have ratings ranging from 3 to 6, which may be a concern for families prioritizing top-tier educational districts.
With a lot size of only 1,033 square feet for a 1,623 square foot home, the property offers very minimal private yard or outdoor living area.
RICED TO SELL! FANTASTIC OPPORTUNITY! MOVE-IN READY HOME IN A PRIME ARCADIA/PHOENIX LOCATION! Located in the heart of Arcadia Lite, this townhouse blends comfort, style, and convenience. Seller is offering to cover ONE YEAR OF HOA FEES for the new homeowner, adding even more value. The light-filled open-concept floor plan is perfect for everyday living and entertaining. A rare two-car garage provides valuable parking and storage. Spacious bedrooms offer flexibility for guests, a home office, or additional living space. Just minutes from popular restaurants, coffee shops, and nightlife, this home is ideal for first-time buyers, downsizers, or anyone seeking low-maintenance living in a highly desirable location.
No exterior & parking available.
Grades PK-5 • 1.2 mi
Grades K-8 • 0.4 mi
Grades 6-8 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,623 | - |
| Lot Size | 1,033 | - |
| Price | $470.0K | $341.8K |
| Price per sq ft | $290 | $259 |
| Built year | 2005 | 0 |
| HOA | $316 | $0 |
| Days on market | 71 | 1211 |
May 13, 2026
$469,995
Initial Listing