3639 W Townley Avenue, Phoenix, AZ 85051, Phoenix, 85051 - 3 bed, 2 bath
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Phoenix, AZ 85051
This property presents a High-Potential Investment Opportunity with a List Price of $285,000—positioned well below the $186,958 Fair Market Value by -52%. Featuring a Condition Rating of 5, this 1961 build requires a comprehensive renovation, though recent mechanical updates to the roof and A/C provide a functional baseline. Its strategic location near the light rail and I-17 enhances long-term rental demand. This asset is an ideal acquisition for Fix-and-Flip Investors or Owner-Occupants utilizing rehab financing to capture value in a developing urban corridor.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3639 W Townley Avenue Subject | $285,000* List Price | 3 | 2 | 1,771 | $106 | - |
A 3812 W BARBARA Avenue Sold | $264,000 | 3 | 2 | 1,702 | $155 | 0.2 mi |
B 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 0.4 mi |
C 3758 W EVA Street Sold | $365,000 | 4 | 2 | 1,772 | $206 | 0.4 mi |
D 3814 W GRISWOLD Road Sold | $326,625 | 3 | 2 | 1,778 | $184 | 0.6 mi |
E 3713 W LAS PALMARITAS Drive Sold | $290,000 | 4 | 2 | 1,912 | $152 | 0.5 mi |
F 4147 W EL CAMINO Drive Sold | $228,499 List Price | 3 | 2 | 1,503 | 0.8 mi | |
G 3718 W PUGET Avenue Pending | $285,000 List Price | 3 | 2 | 1,791 | $159 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1961, this property is explicitly marketed as a fixer-upper requiring a rehab loan. While the A/C (5 years old) and roof (recoated 2 years ago) are newer, the interior is in poor condition with a dated, unfinished kitchen, worn flooring, and visible neglect throughout, necessitating a full rehab.
The absence of an HOA offers freedom from monthly fees and restrictive rules, making this an ideal opportunity for investors seeking a fix-and-flip or a long-term rental property.
The property features a roof recoated approximately two years ago and an A/C unit that is only five years old, providing a solid foundation and reducing immediate capital expenditures for major systems.
Ideally situated near the light rail, I-17, and the Metropolitan/Loop District development projects, the home offers excellent commuting access and high potential for future appreciation.
As a designated fixer-upper, the property requires significant investment and labor to address cosmetic and structural needs to bring it to modern living standards.
Built in 1961, the home may possess original plumbing or electrical components that could require costly updates during the renovation process to meet current building codes.
NO HOA! Opportunity awaits with this centrally located fixer-upper full of potential! Perfect for an owner-occupant using a rehab loan, an investor looking for a fix-and-flip, or a buyer seeking a rental opportunity. This home offers a spacious floorplan, a large lot, and endless possibilities The roof was recoated approximately 2 years ago, and the A/C unit is approximately 5 years old, providing a solid starting point for your renovation vision. Ideally situated near the exciting Metropolitan and Loop District urban development projects, you'll enjoy close proximity to popular dining, shopping, parks, entertainment, and future growth in the area. Convenient access to the light rail makes commuting and and exploring the city simple and convenient. Don't miss this chance to transform this property into something truly special while investing in an area with incredible potential! Easy access to I-17 for commuting. MAKE SURE THE DOORS ARE LOCKED AND PROPERTY IS SECURED WHEN LEAVING!
No exterior & parking available.
Grades PK-6 • 0.5 mi
Grades 7-8 • 1.3 mi
Grades 9-12 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,771 | 1,656.5 | 58% |
| Lot Size | 7,000 | 7,725.5 | 34% |
| Price | $285.0K | $342.5K | 34% |
| Price per sq ft | $161 | $213 | 27% |
| Built year | 1961 | 1966 | 31% |
| HOA | $0 | $0 | 50% |
| Days on market | 17 | 317 | 1% |
May 26, 2026
$285,000
Initial Listing