3655 N 5TH Avenue 103, Phoenix, AZ 85013, Phoenix, 85013 - 2 bed, 2 bath
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Phoenix, AZ 85013
This Modernized Midtown Townhouse is a High-Potential Investment Opportunity listed at $299,900—positioned well below the $355,245 Fair Market Value by 15%. This valuation gap provides $55,345 in Instant Equity. Despite its 1962 origin, the unit holds a Mint Condition Rating following a comprehensive renovation featuring Wide-Plank Flooring and Recessed LED Lighting. Residents enjoy a Community Pool, private patio, and proximity to Osborn Middle School, Clarendon School, and Central High. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors seeking urban lifestyle and immediate value.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3655 N 5TH Avenue 103 Subject | $299,900* List Price | 2 | 2 | 1,376 | $258 | - |
A 3633 N 3RD Avenue 2083 Sold | $280,000 | 2 | 2 | 1,124 | $249 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1962, the interior shows evidence of a comprehensive, high-end renovation likely completed within the last 5 years. The presence of modern recessed LED lighting, contemporary wide-plank flooring, and updated smooth-finish walls indicates a mint-condition, move-in ready unit requiring no immediate maintenance.
Situated in a highly sought-after Central Phoenix corridor, this property offers exceptional proximity to urban dining, shopping districts, and major freeway access for easy commuting.
At 1,376 square feet, this two-bedroom townhouse provides a significantly larger living space than many comparable units in the area, offering a more comfortable and open floor plan.
Listed at $299,900, the property represents an affordable entry point into the 85013 zip code, making it an attractive option for first-time buyers or investors looking for a central footprint.
The monthly association fee of $835 is considerably high relative to the listing price, which may impact buyer affordability and overall monthly carrying costs.
Built in 1962, the property may require significant capital improvements or updates to major systems to meet modern energy efficiency and aesthetic standards.
Live the easy lifestyle in a Central Phoenix location close to shopping, dining, and freeway access..
No exterior & parking available.
Grades PK-8 • 0.5 mi
Grades PK-8 • 0.6 mi
Grades 7-8 • 1.2 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 | 1,376 | 1,549.5 | 37% |
| Lot Size | 1,320 | 1,854.5 | 37% |
| Price | $299.9K | $405.0K | 27% |
| Price per sq ft | $218 | $266 | 27% |
| Built year | 1962 | 1980 | 3% |
| HOA | $835 | $275 | 97% |
| Days on market | 60 | 269 | 7% |
Apr 24, 2026
$299,900
$259,900
+15% Price Increase
Initial Listing
Feb 25, 2026
$259,900
Initial Listing