4625 W THOMAS Road 43, Phoenix, AZ 85031, Phoenix, 85031 - 3 bed, 2 bath
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Phoenix, AZ 85031
This High-Potential Investment Opportunity is listed at $216,597, positioned above the $151,780 Fair Market Value. While the price reflects a premium, the property offers a Condition Rating of 4, featuring recent capital improvements like updated plumbing and a new deck roof. The large private backyard and rebuilt storage shed provide rare utility for a townhouse. Despite modest school ratings, the property serves as a functional asset for Buy-and-Hold Investors or first-time buyers seeking an accessible entry point into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4625 W THOMAS Road 43 Subject | $216,597* List Price | 3 | 2 | 1,159 | $131 | - |
A 4625 W THOMAS Road 90 Sold | $173,000 | 3 | 2 | 1,159 | $149 | 0.1 mi |
B 3840 N 43RD Avenue 50 Sold | $190,000 | 3 | 2 | 1,243 | $153 | 0.9 mi |
C 4625 W THOMAS Road 131 Sold | $160,000 List Price | 2 | 1 | 891 | 0.2 mi | |
D 4625 W Thomas Road 39 Active | $200,000 List Price | 3 | 2 | 1,159 | $173 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1971, the property is over 50 years old but avoids a lower rating due to recent maintenance. While it features newer carpet, updated bathroom vanities, and plumbing repairs, the kitchen remains significantly dated with older cabinetry and laminate countertops. The overall aesthetic, including popcorn ceilings and original-style fixtures, requires modernization to meet current market standards.
Priced competitively under $220,000 for a three-bedroom layout, this property offers an accessible entry point for first-time buyers and strong ROI potential for investors in the Phoenix market.
The home features significant functional upgrades including a new deck roof, updated plumbing in both bathrooms, and new vanities, minimizing immediate maintenance costs for the new owner.
Unlike typical townhomes, this unit boasts a surprisingly large private backyard and a rebuilt storage shed, providing valuable outdoor living space and additional utility.
Originally constructed in 1971, the property may require ongoing attention to older systems and features that lack the efficiency and modern aesthetics of contemporary developments.
The assigned public schools carry lower performance ratings (3-4 out of 10), which may impact long-term resale value or appeal to education-focused families.
Move-in ready two-story townhome in the heart of Phoenix! This well-maintained home features 3 spacious bedrooms, 1.5 bathrooms, and a comfortable living area perfect for everyday living or entertaining. The spotless eat-in kitchen includes newer carpet, updated bathroom vanities, and major improvements such as a new deck roof and updated plumbing in both bathrooms. Enjoy a surprisingly large private backyard—rare for a townhome—along with a rebuilt outdoor storage shed. Prime location near Downtown Phoenix with easy access to freeways, public transportation, shopping, and dining. A fantastic opportunity for first-time buyers or investors.
No exterior & parking available.
Grades K-5 • 0.5 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,159 | - |
| Lot Size | 1,529 | - |
| Price | $216.6K | $341.8K |
| Price per sq ft | $187 | $259 |
| Built year | 1971 | 0 |
| HOA | $185 | $0 |
| Days on market | 77 | 1211 |
May 7, 2026
$216,597
Initial Listing