3655 N 5TH Avenue 203, Phoenix, AZ 85013, Phoenix, 85013 - 2 bed, 2 bath
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Phoenix, AZ 85013
This Remodeled Mid-Century Condo is a Strong Value Opportunity, listed at $325,000—positioned well below the $351,389 Fair Market Value by 7%. This valuation gap provides $26,389 in Instant Equity. Boasting a Condition Score of 2 after a comprehensive 2025 renovation, the interior features Bosch appliances, stone countertops, and a pool-view patio. With a spacious dual-suite layout and proximity to Clarendon School, it balances luxury with financial upside. This is an ideal acquisition for Owner-Occupants seeking a turnkey lifestyle or Buy-and-Hold Investors targeting high-demand rental areas.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3655 N 5TH Avenue 203 Subject | $325,000* List Price | 2 | 2 | 1,376 | $255 | - |
A 3633 N 3RD Avenue 2012 Sold | $315,000 | 2 | 2 | 1,173 | $269 | 0.2 mi |
B 3633 N 3RD Avenue 2012 Sold | $315,000 | 2 | 2 | 1,173 | $269 | 0.2 mi |
C 207 W CLARENDON Avenue 17G Active | $310,000 List Price | 2 | 2 | 1,165 | $266 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent a comprehensive remodel in 2025, featuring high-end Bosch stainless steel appliances, modern cabinetry, updated stone countertops, and contemporary flooring throughout. With new recessed lighting, crown molding, and fully updated bathrooms, the interior meets the criteria for a recently renovated home with no deferred maintenance.
The property was fully updated in 2025 with high-end appliances and modern finishes, offering a turnkey, move-in-ready experience that blends mid-century charm with contemporary luxury.
Positioned in the best location within the Royal Riviera complex, this unit offers superior privacy and accessibility compared to other units, while remaining minutes from downtown Phoenix.
With 1,376 square feet of living space, the floor plan features two generous bedrooms each with its own bathroom, providing an ideal setup for roommates or guests.
The monthly HOA fee of $835 is significantly high relative to the listing price, which may impact buyer affordability and overall return on investment.
Despite the modern interior remodel, the 1962 construction date suggests potential long-term maintenance needs for the building's common systems and aging exterior infrastructure.
Fully remodeled in 2025, this stylish 2-bedroom, 2-bath condo is just minutes from the heart of downtown Phoenix. Showcasing classic mid-century architecture with modern updates, the home features open living areas, a dining space, and a charming kitchen with high end appliances. Each spacious bedroom has its own bathroom, with the primary suite offering generous closet space and a private bath. Enjoy your own private patio or unwind at the community pool and spa. This unit is the in the best location in the complex! With dining, shopping, and cultural attractions just around the corner, this condo delivers the perfect balance of comfort, convenience, and vibrant city living.
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 | 1,193 | 79% |
| Lot Size | 1,394 | 752 | 84% |
| Price | $325.0K | $318.5K | 58% |
| Price per sq ft | $236 | $281 | 26% |
| Built year | 1962 | 1979 | 11% |
| HOA | $835 | $290 | 95% |
| Days on market | 80 | 2285 | 11% |
Feb 5, 2026
$325,000
Initial Listing