4513 E Riverside Street, Phoenix, AZ 85040, Phoenix, 85040 - 3 bed, 1 bath
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Phoenix, AZ 85040
This Fully Renovated Modern Townhouse represents a Strong Value Opportunity with a List Price of $185,000—positioned well below the $196,239 Fair Market Value by 5%. This valuation gap secures $11,239 in Instant Equity for the buyer. Boasting an Excellent Condition Rating following extensive 2026 upgrades, the home features wood-look tile flooring, a brand-new kitchen with stainless steel appliances, and a new A/C system. With mountain views and a prime location near ASU and Sky Harbor, this turnkey asset is perfect for first-time buyers or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4513 E Riverside Street Subject | $179,999* List Price | 3 | 1 | 1,008 | $168 | - |
A 4523 E Wood Street Sold | $145,000 | 3 | 1 | 1,008 | $144 | 0.0 mi |
B 4523 E WOOD Street Sold | $145,000 | 3 | 1 | 1,008 | $144 | 0.0 mi |
C 4244 S 46TH Place Active | $192,000 | 2 | 1 | 924 | $208 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property underwent an extensive full renovation in 2026, making all interior components virtually new. Key upgrades include a brand-new kitchen with stainless steel appliances and shaker cabinetry, a completely updated bathroom, new wood-look tile flooring, and new carpeting. Additionally, major systems and structural elements have been addressed with a brand-new A/C unit, new windows, and new doors, leaving no deferred maintenance.
The unit has been completely modernized with wood-look tile flooring, a brand-new kitchen featuring stainless steel appliances, and an updated bathroom, offering a move-in-ready experience.
The installation of a brand-new A/C system along with all-new windows and sliding glass doors provides significant value and essential climate control efficiency for the Phoenix environment.
Ideally positioned near ASU, Downtown Phoenix, Scottsdale, and Sky Harbor Airport, this property offers excellent accessibility for commuters and high potential for rental demand.
With three bedrooms but only one bathroom, the property may face functional challenges for families or roommates, potentially limiting its market appeal.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a deterrent for families prioritizing high-performing educational districts.
Beautifully renovated 3-bedroom unit (2026) featuring wood-look tile flooring for a cool, modern feel in living spaces and brand new carpet upstairs, brand-new A/C, and all new windows including sliding-glass doors and a new front door. Enjoy the brand new kitchen and bathroom. Kitchen features stainless steel appliances and walk-in pantry. Community pool and spacious grounds included. Private Patio with shed, storage room and laundry hookups. Two (2) marked parking spaces. Featured in a prime location near Downtown Phoenix and Scottsdale, ASU, and the airport, close to major freeways and spring training.
No exterior & parking available.
Grades PK-5 • 1.4 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,008 | - |
| Lot Size | 1,008 | - |
| Price | $180.0K | $341.8K |
| Price per sq ft | $179 | $259 |
| Built year | 1973 | 0 |
| HOA | $210 | $0 |
| Days on market | 128 | 1211 |
Jul 11, 2026
$179,999
$190,000
-5% Price Drop
Initial Listing
Jun 12, 2026
$190,000
$185,000
+3% Price Increase
Initial Listing
Mar 17, 2026
$185,000
Initial Listing