2941 N 19TH Avenue 87, Phoenix, AZ 85015, Phoenix, 85015 - 1 bed, 1 bath
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Phoenix, AZ 85015
This Value-Add Townhouse Asset represents a High-Potential Investment Opportunity with a List Price of $139,950—positioned well below the $171,952 Fair Market Value by 18%. This valuation gap provides $32,002 in Instant Equity for buyers prepared to modernize the 1954 interior. Despite a Condition Rating of 4, the property remains functional, offering a strategic entry point into the Phoenix market near Osborn Middle School and Clarendon School. With low-maintenance HOA oversight and high rental demand, this is an optimal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2941 N 19TH Avenue 87 Subject | $139,950* List Price | 1 | 1 | 648 | $258 | - |
A 2969 N 19TH Avenue 44 Sold | $153,700 | 2 | 1 | 864 | $178 | 0.1 mi |
B 2917 N 19TH Avenue 125 Active | $149,999 List Price | 1 | 1 | 648 | $231 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, the property shows evidence of a partial renovation likely completed 15 to 20 years ago, specifically visible in the shaker-style kitchen cabinetry and ceramic bathroom wall tile. While the listing describes a need for 'sweat equity' and renovation, the home appears functional and maintained through regular upkeep rather than being in a state of structural failure or safety risk. The appliances and fixtures are dated, and the property requires cosmetic updates to meet modern standards.
Priced competitively at $139,950, this property serves as an ideal 'fix-and-flip' or buy-and-hold asset, offering significant sweat equity opportunities for investors.
The townhouse is situated in a convenient Phoenix community with excellent proximity to major commuter routes, shopping, and dining, ensuring consistent rental demand.
The association covers common area maintenance, providing a simplified ownership experience and predictable monthly costs for a primary resident or landlord.
The property requires immediate capital expenditure for updates and repairs, as the kitchen and living spaces are in original condition and need a full vision to be functional.
At only 648 square feet with a single bedroom, the compact 1954 layout may restrict the buyer pool to individuals or couples and limits overall utility.
Opportunity knocks with this 1-bedroom, 1-bath townhome perfect for investors or buyers looking to build sweat equity. Priced to sell, this property offers a solid layout and great bones, just waiting for your vision and updates. Features include an open living area, private bedroom, and functional kitchen space ready for renovation. With a little TLC, this townhome can be transformed into a great rental, flip, or affordable primary residence. Located in a convenient community with easy access to shopping, dining, and major commuter routes. Low maintenance lifestyle with HOA covering common areas. Bring your tools and imagination--don't miss this value-add opportunity!
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.9 mi
Grades 7-8 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 648 | - |
| Lot Size | 905 | - |
| Price | $139.9K | $341.8K |
| Price per sq ft | $216 | $259 |
| Built year | 1954 | 0 |
| HOA | $288 | $0 |
| Days on market | 119 | 1211 |
Mar 26, 2026
$139,950
Initial Listing