4554 E PARADISE VILLAGE Parkway 156, Phoenix, AZ 85032, Phoenix, 85032 - 1 bed, 2 bath
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Phoenix, AZ 85032
This High-Potential Investment Opportunity is listed at a List Price of $200,000, positioned well below the $194,050 Fair Market Value by -3%. Featuring a Condition Rating of 4, the unit offers a Granite Kitchen and a Shaded Covered Patio in a resort-style community. While the interior requires cosmetic updates, the prime location near SR-51 and local amenities ensures strong rental demand. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Property is moderate renovation needed.
Built in 1980 (44 years old), the property is dated and shows signs of age. While the kitchen has been partially updated with granite countertops, the cabinets, white appliances, fluorescent lighting, and popcorn ceilings are characteristic of older renovations (>15-20 years). The carpet appears worn, and the unit requires cosmetic updates to meet modern standards.
As a ground-floor, interior end unit, this property offers superior privacy and a shaded, covered patio, making it one of the most desirable locations within the complex.
The gated community provides high-end amenities including a heated pool and spa, tennis courts, and a fitness center, offering a lifestyle-oriented living experience.
Priced as one of the lowest in the area, the home offers unbeatable convenience with walking-distance access to shopping and transit, plus easy commuting via the SR-51.
At just 685 square feet, the compact interior may feel restrictive for buyers looking for more spacious living areas or ample storage.
Built in 1980, the unit and complex infrastructure are over 40 years old, which may necessitate future updates or higher maintenance considerations compared to newer builds.
Enter through the gate and follow the path near the mailboxes, then walk east to Unit #156. This exceptional ground-floor, interior end unit is one of the most desirable locations in the complex, featuring a shaded, covered patio--perfect for relaxing year-round. Enjoy unbeatable convenience with shopping, grocery stores, banks, and public transportation all within walking distance. Easy access to SR-51 makes commuting a breeze. This beautifully maintained, gated community offers resort-style amenities, including: Heated pool and spa, Tennis courts, Lush, landscaped grounds ideal for walking, Recreation and fitness center. Offered at one of the lowest prices in the area. Whether you're looking for a full-time residence, winter retreat, or investment opportunity, this property has it all.
No exterior & parking available.
Grades PK-6 • 1.2 mi
Grades 7-8 • 1.2 mi
Grades 9-12 • 2.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 685 | - |
| Lot Size | 701 | - |
| Price | $200.0K | $341.8K |
| Price per sq ft | $292 | $259 |
| Built year | 1980 | 0 |
| HOA | $300 | $0 |
| Days on market | 71 | 1211 |
May 13, 2026
$200,000
Initial Listing