
Phoenix, AZ 85015
This Proven Income-Generating Townhouse is listed at $310,000, representing a stable acquisition perfectly aligned with its $310,000 Fair Market Value. Boasting a Condition Rating of 3, the move-in-ready interior features modern wood-look laminate flooring and has a documented history as a successful mid-term rental generating up to $3,000 monthly. Its strategic location near Grand Canyon University and community amenities, including a sparkling pool and private patio, ensure long-term desirability. This versatile asset is an ideal match for Buy-and-Hold Investors or Owner-Occupants seeking a turnkey home with high rental potential.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4643 N 21ST Avenue Subject | $310,000* List Price | 3 | 3 | 1,608 | $193 | - |
A 1633 W HAZELWOOD Street Sold | $275,000 List Price | 3 | 3 | 1,584 | 0.6 mi | |
B 2030 W HIGHLAND Avenue Sold | $239,000 | 3 | 2 | 1,260 | $190 | 0.1 mi |
C 4725 N 21ST Avenue Sold | $310,000 | 3 | 3 | 1,704 | $182 | 0.1 mi |
D 4776 N 20TH Avenue Sold | $232,500 | 2 | 2 | 1,260 | $185 | 0.2 mi |
E 2031 W HAZELWOOD Parkway Active | $288,000 List Price | 3 | 3 | 1,656 | $174 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has been updated to serve as a successful mid-term rental. Interior images show modern wood-look laminate flooring, updated neutral paint, and contemporary furnishings. While the exterior and infrastructure date back to 1967, the interior components appear well-maintained and functional for immediate occupancy.
The property has a strong track record as a mid-term rental, generating between $2,400 and $3,000 monthly, making it an attractive turnkey investment for buyers.
Situated near Grand Canyon University, the townhouse benefits from high demand from students and university staff, ensuring consistent occupancy and long-term desirability.
Residents enjoy access to a community pool, playground, and walking trails, along with the significant convenience of two covered parking spaces.
Built in 1967, the property may require more frequent maintenance or updates to its core systems compared to newer residential developments in the Phoenix area.
The assigned public schools have low performance ratings (ranging from 1 to 3), which could limit the property's appeal to families prioritizing educational quality.
This is a 3 Bed 2.5 Bath Townhouse near Grand Canyon University. Was used as a mid-term rental stays of 30 days or more, place consistently rented for between $2,400 and $3,000 per month depending on time of year. All 3 bedrooms are upstairs along with 2 full bathrooms. There are two covered parking spaces and one shared guest parking spot. There is a community pool, playground and courtyard area with a walking trail.
No exterior & parking available.
Grades K-3 • 0.3 mi
Grades 4-8 • 0.7 mi
Grades 9-12 • 1.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 2.0 | 70% |
| Square foot | 1,608 | 1,371 | 66% |
| Lot Size | 2,187 | 2,352 | 43% |
| Price | $310.0K | $290.0K | 53% |
| Price per sq ft | $193 | $189 | 53% |
| Built year | 1967 | 1970 | 23% |
| HOA | $235 | $215 | 64% |
| Days on market | 181 | 795 | 17% |
Oct 27, 2025
$310,000
Initial Listing