
Phoenix, AZ 85018
This Modernized Arcadia Townhome is a High-Potential Investment Opportunity, listed at $320,000—positioned well below the $365,341 Fair Market Value by 12%. This valuation gap secures $45,341 in Instant Equity. Boasting a Condition Rating of 2, the residence features a fully remodeled contemporary interior, gourmet kitchen, and a community pool view. Located near Tavan Elementary and Arcadia High School with an all-inclusive HOA covering all utilities, this asset combines predictable costs with high-end finishes. It is an ideal acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3416 N 44TH Street 62 Subject | $320,000* List Price | 2 | 2 | 1,320 | $277 | - |
A 4401 N 40TH Street 9 Sold | $275,000 List Price | 2 | 2 | 1,024 | 1.0 mi | |
B 3034 N 40TH Street 4 Sold | $274,000 | 2 | 2 | 910 | $301 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1969, this townhome has been fully and extensively renovated within the last 5 years. The interior features a contemporary open-concept design with a gourmet kitchen boasting new flat-panel cabinetry, quartz countertops, and black stainless steel appliances. The bathrooms have been modernized with updated vanities and subway tile surrounds, and the property features new wood-look and large-format tile flooring, modern light fixtures, and fresh paint throughout, meeting current high-quality standards.
Situated in the highly desirable 85018 zip code, this property offers exceptional walkability to elite dining like Steak 44 and is minutes away from Old Town Scottsdale and Phoenix Sky Harbor Airport.
The monthly HOA fee covers all utilities, providing homeowners with predictable monthly expenses and significant savings on electricity, water, and cooling costs in the desert climate.
The unit is fully remodeled with a contemporary open-concept floorplan, featuring a gourmet kitchen with stainless steel appliances, a large breakfast bar, and high ceilings that maximize the 1,320 sqft of living space.
At $727 per month, the association fee is substantial and may deter buyers with strict debt-to-income ratios or those looking for lower fixed monthly carrying costs.
Despite having two large bedrooms, the property only features 1.5 bathrooms, which may be a drawback for roommates or families seeking a full second bathroom for privacy and convenience.
Live the Arcadia lifestyle affordably! With more than 1,300 sqft of living space, this 2 bedroom, 1.5 bathroom contemporary townhome is fully remodeled throughout and features high ceilings, an open-concept floorplan, and large windows that provide an abundance of natural light and a balcony that overlooks the community pool. The gourmet kitchen complete with stainless steel appliances, large peninsula/breakfast bar, and eat-in kitchen area is the perfect space for prepping meals or entertaining guests. Head upstairs to the massive primary bedroom with a walk-in closet and the oversized guest bedroom full of natural light! This townhome is in the middle of the action, walkable to many restaurants and bars like Steak 44 and The Global Ambassador and only an 8 minute drive to the airport and Old Town Scottsdale and a 12 minute drive to downtown Phoenix or Tempe! Maybe the best feature of all is that the HOA COVERS ALL UTILITIES! Come see this 85018 gem before it is gone!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.3 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,320 | 1,044 | 87% |
| Lot Size | 61 | 805.5 | 2% |
| Price | $320.0K | $287.5K | 59% |
| Price per sq ft | $242 | $298 | 41% |
| Built year | 1969 | 1970 | 37% |
| HOA | $727 | $365 | 98% |
| Days on market | 47 | 1442 | 2% |
Mar 10, 2026
$320,000
Initial Listing