
Phoenix, AZ 85015
This Distressed Townhouse Asset presents a strategic Value-Add Opportunity with a List Price of $154,980. Positioned near the $138,678 Fair Market Value, this property serves as an accessible entry point into the central Phoenix market for those targeting forced appreciation. Currently holding a Condition Rating of 5, the unit is unlivable and requires a Full Interior Rehab of all major systems and finishes. Situated within a mile of Clarendon School and Encanto School, the location offers strong rental potential post-renovation. This acquisition is ideal for Fix-and-Flip Investors or Contractors looking for a high-upside project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2969 N 19TH Avenue 44 Subject | $154,980* List Price | 2 | 1 | 864 | $161 | - |
A 2917 N 19TH Avenue 115 Pending | $200,000 List Price | 2 | 1 | 864 | $231 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1954 (70 years old) with no evidence of recent renovations. Interior images show a stripped unit with missing flooring and significant distress, indicating it is currently unlivable and requires a full rehab of all systems and finishes.
Priced at $154,980, this property offers a highly accessible entry point into the Phoenix real estate market, making it an attractive option for budget-conscious buyers or first-time investors.
Located in the Encanto area, the property is situated within a mile of multiple schools and provides convenient access to central Phoenix amenities and transportation corridors.
As a 1954-built townhouse sold as-is, there is significant opportunity for an investor to modernize the unit and realize equity growth through strategic renovations.
The sale is subject to a 5% buyer's premium and an undisclosed reserve price, which adds complexity to the bidding process and increases the total acquisition cost.
The property is sold as-is with restricted interior access and no for-sale sign allowed, creating potential risks regarding the unknown physical condition of the interior.
The list price is not indicative of the seller's final reserve amount. This property is now active in an online auction. The sale is subject to a 5% buyer's premium pursuant to the Auction Terms and Conditions (minimums may apply). Although the property is vacant, do not enter unless interior access is available. Property is sold as-is. No for sale sign allowed.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.8 mi
Grades 7-8 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 40% |
| Baths | 1.0 | 2.0 | 11% |
| Square foot | 864 | 1,371 | 11% |
| Lot Size | 1,054 | 2,352 | 23% |
| Price | $155.0K | $290.0K | 32% |
| Price per sq ft | $179 | $189 | 40% |
| Built year | 1954 | 1970 | 11% |
| HOA | $276 | $215 | 85% |
| Days on market | 4 | 794 | 2% |
Apr 21, 2026
$154,980
Initial Listing