3242 E CAMELBACK Road 102, Phoenix, AZ 85018, Phoenix, 85018 - 1 bed, 1 bath
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Phoenix, AZ 85018
This Updated Biltmore/Arcadia Condo is listed at $280,000, representing a stable valuation for a turnkey asset relative to its $271,223 Fair Market Value. Boasting a Condition Rating of 3, the interior features a recently updated bathroom, wood-look flooring, and modern stainless appliances. The rare combination of no short-term rental restrictions and an HOA covering major utilities provides exceptional investment versatility and simplified ownership. Located near Biltmore Preparatory Academy, this residence is the perfect fit for Buy-and-Hold Investors or Owner-Occupants seeking a sophisticated lock-and-leave lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3242 E CAMELBACK Road 102 Subject | $250,000* List Price | 1 | 1 | 857 | $292 | - |
A 3737 E Turney Avenue 223 Sold | $285,000 | 2 | 1 | 957 | $298 | 0.9 mi |
B 3737 E Turney Avenue 223 Sold | $285,000 | 2 | 1 | 957 | $298 | 0.9 mi |
C 3737 E Turney Avenue 223 Sold | $285,000 | 2 | 1 | 957 | $298 | 0.9 mi |
D 3242 E CAMELBACK Road 104 Active | $294,000 List Price | 1 | 1 | 869 | $338 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and well-maintained. It features a recently updated bathroom, modern stainless steel kitchen appliances, and updated wood-look flooring in the living areas. While the kitchen retains some older elements such as tile countertops and terracotta-style flooring, the overall condition is high quality with no immediate renovations required.
Situated in the highly desirable Biltmore/Arcadia corridor, providing residents with immediate access to premier shopping, dining, and Phoenix's most established business hubs.
The rare combination of no short-term rental restrictions and the option to purchase fully furnished makes this a turnkey opportunity for high-yield vacation rental or investment portfolios.
The monthly association fee covers major utilities, offering simplified budgeting and lower out-of-pocket carrying costs for owners and tenants alike.
Built in 1960, the property may lack the modern energy efficiency and contemporary infrastructure found in newer developments, potentially leading to higher long-term maintenance needs.
The assigned high school carries a low academic rating, which may deter family-oriented buyers and impact the property's long-term appreciation compared to units in higher-rated districts.
Ground-level condo in the heart of the Biltmore/Arcadia corridor. Updated bathroom, option to be sold fully furnished, and no short-term rental restrictions -- a rare combination in this location. HOA includes major utilities, making ownership simple. Community pool and covered parking. An ideal investment or lock-and-leave in one of Phoenix's most established neighborhoods.
No exterior & parking available.
Grades K-8 • 0.4 mi
Grades 9-12 • 0.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 857 | - |
| Lot Size | 819 | - |
| Price | $250.0K | $310.8K |
| Price per sq ft | $292 | $272 |
| Built year | 1960 | 0 |
| HOA | $261 | $0 |
| Days on market | 143 | 1408 |
May 2, 2026
$250,000
$260,000
-4% Price Drop
Initial Listing
Apr 18, 2026
$260,000
$280,000
-7% Price Drop
Initial Listing
Mar 2, 2026
$280,000
Initial Listing