4540 N 44TH Street 3, Phoenix, AZ 85018, Phoenix, 85018 - 2 bed, 1 bath
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Phoenix, AZ 85018
This Arcadia Patio Home represents a High-Potential Investment Opportunity, listed at $480,000—positioned well above the $400,269 Fair Market Value by 19%. While the list price exceeds the current valuation, the property offers a Good Condition Rating and unique Detached Privacy with no shared walls. Located in a prime, walkable district with access to Hopi Elementary (Rating 8), this home provides a stable lifestyle asset. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants prioritizing location and school district quality over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4540 N 44TH Street 3 Subject | $435,000* List Price | 2 | 1 | 1,100 | $350 | - |
A 4401 N 40TH Street 7 Sold | $373,000 List Price | 2 | 2 | 1,024 | 0.5 mi | |
B 4540 N 44TH Street 2 Active Under Contract | $460,000 List Price | 2 | 1 | 1,091 | $422 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure dates to 1979, the property has been well-maintained and features several mid-range updates that make it move-in ready. The kitchen includes modern stainless steel appliances and freshly painted cabinetry, and the interior features updated tile flooring and neutral paint. Although some elements like the kitchen fluorescent light box are dated, the overall condition is functional and clean, fitting the 5-15 year renovation window for a 'Good' rating.
Situated in the heart of Arcadia along the canal, this property offers exceptional walkability to top-tier dining, shopping, and outdoor recreation.
Unlike typical townhomes, this unit features no shared walls, providing the privacy and quiet of a single-family residence within a patio home setting.
The property is zoned for highly-rated schools, including Hopi Elementary, making it an attractive option for families prioritizing education.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 1.
With only one bathroom serving two bedrooms, the layout may be less convenient for multi-occupant households or guests compared to standard 2-bath configurations.
The $407 monthly association fee adds a significant recurring cost to ownership, which may impact the overall affordability for budget-conscious buyers.
Nestled in the heart of Arcadia, this charming patio home offers the perfect blend of character, comfort, and walkable convenience. This 2 bed, 1 bath is separate with no shared walls and features a warm and inviting interior with timeless creams, whites, and soft neutral finishes throughout. Originally designed with a den, the space has since been converted into a comfortable second bedroom with a built-in closet and charming French doors, making the layout feel both functional and cozy. The freshly painted kitchen cabinets brighten up the space and fit perfectly with the home's soft creams, whites, and overall inviting feel. Located in the heart of Arcadia right along the canal, this charming patio home offers an easy, walkable lifestyle with quick access to some of Arcadia's best restaurants, shopping, and outdoor spots. Full of character and warmth, it's the kind of home that just feels good the moment you walk in.
No exterior & parking available.
Grades K-5 • 1.1 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 1,100 | - |
| Lot Size | 1,288 | - |
| Price | $435.0K | $341.8K |
| Price per sq ft | $395 | $259 |
| Built year | 1979 | 0 |
| HOA | $407 | $0 |
| Days on market | 71 | 1211 |
Jun 25, 2026
$435,000
$445,000
-2% Price Drop
Initial Listing
Jun 2, 2026
$445,000
$480,000
-7% Price Drop
Initial Listing
May 12, 2026
$480,000
Initial Listing