4701 N 26TH Lane, Phoenix, AZ 85017, Phoenix, 85017 - 2 bed, 2 bath
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4701 N 26TH Lane
Phoenix, AZ 85017
ACTIVE
CONDITION: FAIR
2Beds
2Baths
1,088Sq Ft
2,910Lot Size
Property Price
LIST PRICE$170,000
EST. MARKET VALUE
$174,121
SUMMARY
This property presents a Prime Investment Opportunity with a List Price of $170,000—positioned well below the $174,122 Fair Market Value by 2%. This valuation gap offers $4,122 in Instant Equity. Featuring a Condition Rating of 4, the home includes a 2024 AC replacement and a private patio, though it requires cosmetic updates to maximize rental yield. Located near Grand Canyon University, this is a high-demand asset ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add project.
Estimated Market Value
$174,121
Based on Realkey algorithm analyzing recent comparable sales in Phoenix.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4701 N 26TH Lane Subject | $170,000* List Price | 2 | 2 | 1,088 | $160 | - |
A 2645 W ELM Street Sold | $215,000 | 3 | 2 | 1,298 | $166 | 0.1 mi |
B 4705 N 26TH Lane Pending | $185,000 List Price | 3 | 3 | 1,080 | $171 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
The property was built in 1972 (50+ years old). While it features a brand-new AC installed in 2024 and shows some cosmetic updates like newer vinyl plank flooring and fresh paint, the listing explicitly mentions the need for 'personal updates and finishing touches,' implying that the kitchen and bathrooms remain dated and require modernization.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Investment Location
Situated just minutes from Grand Canyon University, this property offers high rental potential and appeal for students, faculty, or staff.
- Recent Mechanical Upgrade
The AC system was replaced in 2024, providing significant value and reducing immediate capital expenditure concerns for the buyer in the Phoenix climate.
- Secure Gated Community
Located within a gated community, the home offers enhanced security and privacy, featuring a functional floor plan and a private storage shed.
CONSRISKS & DEFICIENCIES
- Renovation Requirements
The property is priced to account for necessary personal updates and finishing touches, indicating that cosmetic or functional modernizations are needed.
- Monthly Carrying Costs
A monthly association fee of $278 on a $170,000 property represents a notable recurring expense that impacts overall affordability and investor cash flow.
About 4701 N 26TH Lane
Located in a gated community just minutes from Grand Canyon University, this home offers a functional floor plan, a covered patio, and a private storage shed. Conveniently located near shopping, dining, and freeway access, it's priced with room for your personal updates and finishing touches. AC replaced in 2024 Buyer to verify all facts, figures, and information material to their purchase.
Property Details
Public Facts
- Property Type
- Townhouse
- Year Built
- 1972
- Lot Size
- 2,910 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $278 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,088 | 1,225 |
| Lot Size | 2,910 | 1,319 |
| Price | $170.0K | $347.3K |
| Price per sq ft | $156 | $251 |
| Built year | 1972 | 1985 |
| HOA | $278 | $288 |
| Days on market | 26 | 824 |
Pricing History
Listed for Sale
Jul 31, 2026
$170,000
Initial Listing