3010 W PHELPS Road, Phoenix, AZ 85053, Phoenix, 85053 - 3 bed, 2 bath
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Phoenix, AZ 85053
This Mission Square Townhouse presents a Prime Investment Opportunity with a List Price of $320,000—positioned well below the $332,533 Fair Market Value by 3%. This valuation gap offers $12,533 in Instant Equity for buyers prepared to navigate a short sale. While the property currently holds a Fair Condition Rating, the spacious 1,630 sqft layout and proximity to Greenway High School provide significant value-add potential through strategic updates. This as-is renovation project is an ideal acquisition for Fix-and-Flip Investors or Contractors seeking forced appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3010 W PHELPS Road Subject | $320,000* List Price | 3 | 2 | 1,630 | $186 | - |
A 3004 W PHELPS Road Pending | $369,900 List Price | 3 | 2 | 1,487 | $249 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1983, this property is a short sale being sold in as-is condition. The listing description explicitly states that the home requires updating and repairs to reach its full potential. While the exterior appears maintained and the listing mentions 'solid bones,' the age of the home combined with the need for immediate renovations and the lack of recent updates align with the criteria for fair condition.
Positioned as a short sale with 'excellent upside potential,' this property offers a prime opportunity for investors or sweat-equity buyers to renovate and capitalize on long-term value.
Boasting 1,630 square feet with three bedrooms and two bathrooms, the home provides a generous and functional floor plan that is larger than many typical townhomes in this price bracket.
The property is ideally situated near major shopping, dining, and amenities, and is served by Greenway High School, which holds a strong rating of 7/10.
The transaction is subject to lender approval, which often involves a more rigorous, uncertain, and lengthy closing process compared to standard residential sales.
The home requires updating and repairs and is being sold in as-is condition, meaning buyers must be prepared for immediate renovation costs and potential financing challenges.
Short Sale Opportunity with Excellent Upside Potential. This property offers a great chance for buyers or investors willing to add their personal touches. With some updating and repairs, the home could truly shine. Spacious layout and solid bones make it a strong candidate for renovation and long-term value. Convenient location near shopping, dining, and everyday amenities. Property is being sold as-is and subject to lender approval. Buyer to verify all information. A great opportunity for those looking to build equity.
No exterior & parking available.
Grades PK-6 • 1.7 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,630 | - |
| Lot Size | 3,365 | - |
| Price | $320.0K | $341.8K |
| Price per sq ft | $196 | $259 |
| Built year | 1983 | 0 |
| HOA | $247 | $0 |
| Days on market | 138 | 1211 |
Mar 6, 2026
$320,000
Initial Listing