
Phoenix, AZ 85019
This Renovated 3-Bedroom Townhouse represents a High-Potential Investment Opportunity with a List Price of $185,000—positioned well below the $222,444 Fair Market Value by 16%. This valuation gap provides $37,444 in Instant Equity. Boasting a Condition Rating of 2, the interior features a modern kitchen with stone countertops, stainless steel appliances, and new LVP flooring. While served by the Alhambra High School district, the spacious 1,200 sqft layout and recent upgrades ensure strong rental demand. This is an exceptional acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in-ready asset.
Property is new construction or fully renovated.
While the property was built in 1974, the interior has undergone an extensive recent renovation within the last 5 years. The kitchen features modern stainless steel appliances, updated dark cabinetry, stone countertops, and a contemporary tile backsplash. The home also boasts new LVP and tile flooring, fresh paint, and updated recessed lighting, making it move-in ready and meeting current quality standards.
Priced at $185,000, this property represents a highly accessible entry point into the Phoenix real estate market, offering significant value for first-time homebuyers or budget-focused investors.
With 1,200 square feet and three full bedrooms, the townhouse provides a generous and functional floor plan that is increasingly rare to find at this price point.
The combination of a low acquisition cost and a desirable three-bedroom configuration makes this an attractive option for investors seeking a high-yield rental property in a high-demand area.
The assigned schools carry relatively low ratings (ranging from 2 to 4), which may be a deterrent for families prioritizing educational performance and could impact future appreciation.
Built in 1974, the property may require updates to major systems or cosmetic renovations to meet modern standards, potentially necessitating additional immediate capital investment.
**INVESTOR OPPORTUNITY** Tenant currently in place. Motivated Seller. Offers will be reviewed on Monday.
No exterior & parking available.
Grades K-3 • 0.7 mi
Grades 4-8 • 0.6 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 1.0 | 69% |
| Square foot | 1,200 | 1,005 | 92% |
| Lot Size | 522 | 1,790 | 8% |
| Price | $185.0K | $174.0K | 54% |
| Price per sq ft | $154 | $170 | 46% |
| Built year | 1974 | 1972 | 77% |
| HOA | $332 | $148 | 92% |
| Days on market | 18 | 1260 | 8% |
Apr 7, 2026
$185,000
Initial Listing