
Phoenix, AZ 85040
This Value-Add Townhouse Asset is listed at $164,900, representing a highly accessible entry point into the Phoenix market. Currently holding a Poor Condition Rating, the property offers immediate potential through fresh interior paint and a renovated upstairs bathroom. Strategically located near Sky Harbor International Airport and the I-10 freeway, the home is positioned for high connectivity and rental appeal. Featuring a 924 sqft layout and a private patio, this property is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking a low-capital investment.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4605 E PUEBLO Avenue Subject | $164,900* List Price | 2 | 1 | 924 | $95 | - |
A 4608 E RIVERSIDE Street Sold | $180,000 | 3 | 1 | 1,008 | $179 | 0.1 mi |
B 4510 E WOOD Street Sold | $170,000 | 3 | 1 | 1,008 | $169 | 0.1 mi |
C 4608 E RIVERSIDE Street Sold | $180,000 | 3 | 1 | 1,008 | $179 | 0.1 mi |
D 4523 E WOOD Street Sold | $145,000 | 3 | 1 | 1,008 | $144 | 0.1 mi |
E 4224 S 46TH Place Active | $180,000 List Price | 2 | 1 | 924 | $195 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1972 (54 years old), the property falls into the 'Poor' category due to its age and the nature of the updates. While the listing mentions a renovated bathroom and fresh paint, the images reveal budget-grade finishes, a dated vanity, and visible exterior maintenance issues including exposed wiring and worn stucco. The 'investor' focus and low price point further indicate a need for significant rehab.
Priced at $164,900, this property represents a highly accessible entry point into the Phoenix market, offering significant value for first-time buyers or investors looking for a low-capital acquisition.
The home boasts excellent proximity to major transit hubs including I-10, Loop 202, and U.S. 60, providing quick commutes to Downtown Phoenix and Sky Harbor International Airport.
The property features a renovated upstairs bathroom and fresh interior paint currently in progress, reducing immediate move-in costs and enhancing the home's overall appeal.
With only 924 square feet and a single bathroom, the compact layout may be restrictive for growing families or those requiring more functional living area.
The assigned elementary, middle, and high schools all carry a rating of 3, which may be a concern for families prioritizing educational performance and could impact future resale value.
Great property for first buyers or investors, this 2-bedroom home offers an excellent opportunity. With fresh interior paint in progress and a renovated upstairs bathroom. Centrally located with quick access to Interstate 10, Loop 202, and U.S. Route 60, and just minutes from Downtown Phoenix and Phoenix Sky Harbor International Airport. A great combination of price, location, and convenience
No exterior & parking available.
Grades PK-5 • 1.3 mi
Grades 6-8 • 1.7 mi
Grades 9-12 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 924 | 1,008 | 28% |
| Lot Size | 945 | 962 | 44% |
| Price | $164.9K | $152.5K | 56% |
| Price per sq ft | $178 | $156 | 61% |
| Built year | 1972 | 1973 | 33% |
| HOA | $180 | $180 | 50% |
| Days on market | 21 | 550 | 6% |
Apr 4, 2026
$164,900
Initial Listing