4201 E CAMELBACK Road 41, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 2 bath
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Phoenix, AZ 85018
This Renovated Arcadia Residence is a High-Potential Investment Opportunity, listed at $399,900—positioned well below the $615,435 Fair Market Value by 35%. This significant valuation gap provides $215,535 in Instant Equity. Boasting a Condition Rating of 2, the home features a modern kitchen, private patio, and peaceful greenbelt views. With an HOA covering major utilities and offering unrestricted rental flexibility near top-rated Hopi Elementary, this is an ideal acquisition for Short-Term Rental Investors or Owner-Occupants seeking a high-equity lifestyle asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4201 E CAMELBACK Road 41 Subject | $379,900* List Price | 2 | 2 | 1,135 | $354 | - |
A 4201 E CAMELBACK Road 51 Sold | $313,000 | 2 | 2 | 1,135 | $276 | 0.0 mi |
B 4201 E CAMELBACK Road 14 Sold | $385,000 | 2 | 2 | 1,135 | $339 | 0.1 mi |
C 4148 E CALLE REDONDA -- 84 Sold | $320,000 | 2 | 2 | 848 | $377 | 0.0 mi |
D 4540 N 44TH Street 62 Sold | $455,000 | 2 | 2 | 1,062 | $428 | 0.4 mi |
E 4411 N 40TH Street 55 Sold | $430,000 | 2 | 2 | 1,024 | $420 | 0.5 mi |
F 4206 N 38TH Street 1 Sold | $290,000 | 2 | 1 | 910 | $319 | 1.0 mi |
G 4201 E CAMELBACK Road 91 Active Under Contract | $410,000 List Price | 2 | 2 | 1,135 | $361 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1970, the property has been extensively renovated within the last 5 years. The kitchen and bathrooms feature modern finishes, contemporary tiling, and updated vanities. Additional high-quality upgrades include new wood-look flooring, recessed lighting, and a 3-year-old HVAC system, meeting current quality standards with no deferred maintenance.
Situated in the heart of Arcadia, this property offers a highly desirable walkable lifestyle near premier shopping, dining, and scenic canal paths.
The lack of a minimum-day rental restriction is a rare find for condos, making this an ideal opportunity for short-term rental investors or seasonal owners.
The HOA fee covers HVAC, heating, and most electricity, providing significant value and simplifying monthly budgeting for the homeowner.
At $537 per month, the association fee is a substantial recurring expense that may impact buyer affordability and debt-to-income ratios.
Constructed in 1970, the complex may have underlying infrastructure limitations or future maintenance requirements typical of 50-year-old developments.
Beautifully updated 2-bed, 2-bath condo in the heart of Arcadia! Features include a spacious kitchen with modern finishes, recessed lighting, and all appliances included. Enjoy a large private patio with peaceful green space views. Bathrooms and kitchen have been recently renovated, and the HVAC unit is just 3 years old. HOA covers HVAC/heating, most electric, plus access to a pool and spa, and offers rental options you'll rarely find in a condo as there are no minimum days on rentals. Prime location near Arcadia's shops, dining, and canal paths. Walkable lifestyle or perfect lock-and-leave second home. Top-rated schools, freeway access, and Sky Harbor nearby. Move-in ready and full of charm!
No exterior & parking available.
Grades K-5 • 1.5 mi
Grades 6-8 • 2.1 mi
Grades 9-12 • 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 | 1,135 | 1,044 | 65% |
| Lot Size | 1,159 | 815 | 83% |
| Price | $379.9K | $287.5K | 74% |
| Price per sq ft | $335 | $299 | 61% |
| Built year | 1970 | 1970 | 50% |
| HOA | $537 | $365 | 80% |
| Days on market | 61 | 1442 | 2% |
Apr 25, 2026
$379,900
$399,900
-5% Price Drop
Initial Listing
Feb 24, 2026
$399,900
Initial Listing