
Phoenix, AZ 85018
This Arcadia-Lite Townhouse represents a Strong Value Opportunity, listed at a List Price of $199,950, which aligns with its $199,950 Fair Market Value. While the property maintains a Condition Rating of 4, it offers a turnkey, light-filled layout with a private deck and recent cosmetic updates. The unit provides a stable entry point into a high-demand neighborhood, balancing affordability with proximity to major commuter routes. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a centrally located, low-maintenance lifestyle.
Property is moderate renovation needed.
Built in 1970, this property has received recent cosmetic 'lipstick' updates including fresh interior paint and new luxury vinyl plank flooring. However, the kitchen remains dated with mismatched cabinetry, laminate countertops, and older electric coil appliances. The presence of popcorn ceilings and the age of the structure suggest that while functional and move-in ready, the primary systems and wet areas are likely beyond the 20-year mark for a full renovation.
Situated in the highly desirable Arcadia-lite area, this property offers exceptional proximity to trendy dining, shopping, and major commuter routes, ensuring strong long-term demand.
Priced under $200,000 for a 2-bedroom, 2-bathroom unit, this home represents a rare and affordable entry point into one of Phoenix's most sought-after neighborhoods.
The unit features fresh interior paint and an inviting, light-filled open layout, providing a turnkey opportunity for first-time buyers or investors.
Built in 1970, the property may require more frequent maintenance or future capital improvements to mechanical systems compared to newer developments.
The assigned public schools have lower performance ratings (3 and 4), which could be a limiting factor for families prioritizing high-ranking educational districts.
Fresh interior paint and an inviting second-level open layout make this Phoenix condo feel bright, airy, and welcoming from the moment you walk in. Large windows bring in plenty of natural light, creating a comfortable living space perfect for relaxing or entertaining. The functional floor plan offers easy everyday living with spacious living and dining areas, while the community setting adds convenience and charm. Located in the desirable Arcadia-lite area, this home is close to shopping, dining, parks, and major commuter routes, making it easy to enjoy everything central Phoenix has to offer. Along with convenient shopping and outdoor recreation is nearby. This is a fantastic opportunity to enjoy a centrally located Phoenix lifestyle.
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,032 | - |
| Lot Size | 99 | - |
| Price | $169.9K | $341.8K |
| Price per sq ft | $165 | $259 |
| Built year | 1970 | 0 |
| HOA | $325 | $0 |
| Days on market | 76 | 1211 |
Jul 9, 2026
$169,950
$174,950
-3% Price Drop
Initial Listing
Jun 13, 2026
$174,950
$199,950
-13% Price Drop
Initial Listing
May 7, 2026
$199,950
Initial Listing