
Phoenix, AZ 85016
This Value-Add Townhouse represents a strategic renovation project listed at $345,000, situated within the high-demand Biltmore-Arcadia corridor. While currently priced above the $289,841 Fair Market Value, the property’s 1,845 sqft footprint and Condition Rating of 5 provide a substantial canvas for forced appreciation. Key architectural features include a rare interior atrium, private patios, and community pool access. Despite lower-rated schools like Loma Linda Elementary, the central location ensures high rental demand. This is a high-potential acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2934 N Casa Tomas Court Subject | $345,000* List Price | 3 | 3 | 1,845 | $157 | - |
A 2930 N 22ND Place Active Under Contract | $295,000 List Price | 2 | 2 | 1,502 | $196 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1974 and largely in original condition, this property is 50 years old and lacks modern updates. The kitchen and bathrooms feature dated cabinetry and fixtures from several decades ago, and the interior shows popcorn ceilings and worn carpeting. The listing description explicitly identifies the home as a renovation project ('imagine the after'), indicating it needs a full rehab to meet current standards.
Situated near Arcadia, the Biltmore, and Downtown Phoenix, this property offers exceptional access to top-tier dining, shopping, and Sky Harbor Airport.
The floor plan features a rare interior atrium and multiple private patios, providing abundant natural light and a sophisticated canvas for a modern redesign.
Priced competitively for the 85016 zip code, this spacious 1,845 sqft townhouse offers a prime opportunity for investors or DIY buyers to build equity through renovation.
The property is marketed as a 'before' project, indicating that it likely requires a full cosmetic or structural overhaul to meet modern living standards.
The assigned public schools, Loma Linda Elementary and North High School, have lower performance ratings, which may be a drawback for education-focused families.
This is the before. Now imagine the after. Welcome to Casa Tomas, a charming and centrally located community near 18th Street and Thomas where character, opportunity, and location come together. Tucked quietly within the neighborhood, this 3 bedroom, 2.5 bath home offers great bones and a layout ready for a fresh perspective. The floor plan includes multiple outdoor spaces, with two private patios and an interior atrium that bring in natural light and create a sense of openness. Architectural details throughout add personality and provide a solid starting point for someone ready to make the space their own. Residents also enjoy access to the community pool, perfect for sunny Phoenix afternoons. Just minutes from Arcadia, the Biltmore, Downtown Phoenix, and Sky Harbor Airport, the location makes everyday living easy. Local restaurants, coffee spots, and shopping are all close by, while Casa Tomas offers a tucked-away feel with timeless charm. If you have been waiting for a place where imagination is welcome, this might just be it.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 62% |
| Baths | 3.0 | 2.0 | 59% |
| Square foot | 1,845 | 1,470 | 78% |
| Lot Size | 2,174 | 1,694 | 60% |
| Price | $345.0K | $430.0K | 35% |
| Price per sq ft | $187 | $298 | 23% |
| Built year | 1974 | 1979 | 32% |
| HOA | $216 | $275 | 28% |
| Days on market | 3 | 1654 | 1% |
Apr 22, 2026
$345,000
Initial Listing