
Phoenix, AZ 85008
This 2-bedroom townhouse represents a High-Potential Investment Opportunity, currently listed at a List Price of $215,000—positioned well above the $160,196 Fair Market Value by 34%. While the property requires significant capital expenditure due to its Condition Rating of 5, the asset offers a strategic entry point for those targeting rental demand near Brunson-Lee Elementary. The functional 968 sqft layout provides a blank canvas for value-add renovations. This project is best suited for Buy-and-Hold Investors or Contractors capable of executing a full interior rehabilitation.
Property is extensive renovation needed.
The property was built in 1972 (54 years old) and the listing mentions no renovations, placing it well beyond the 30-year threshold for original systems. The urgent 'needs an owner asap' description and aged exterior suggest the interior requires a full rehab of the kitchen, baths, and HVAC to be functional by modern standards.
Priced at $215,000, this townhouse offers a highly accessible entry point into the Phoenix real estate market, making it an attractive option for first-time buyers or budget-conscious investors.
Situated only 0.13 miles from Brunson-Lee Elementary School, the location offers unparalleled convenience and walkability for families with young children.
The 2-bedroom, 2-bathroom configuration provides a functional and balanced floor plan that maximizes the 968 square feet for modern living or rental potential.
Built in 1972 and marketed with a sense of urgency, the property likely requires cosmetic or structural updates to meet contemporary standards and buyer expectations.
The $361 monthly association fee is relatively high compared to the listing price, which may impact the overall debt-to-income ratio and monthly affordability for some buyers.
Dont miss out on this opportunity, 2-bedroom townhouse nestled in the Community of Villa Verde! This home needs an owner asap!
No exterior & parking available.
Grades PK-6 • 0.1 mi
Grades 9-12 • 3.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 968 | - |
| Lot Size | 412 | - |
| Price | $215.0K | $341.8K |
| Price per sq ft | $222 | $259 |
| Built year | 1972 | 0 |
| HOA | $361 | $0 |
| Days on market | 76 | 1211 |
May 7, 2026
$215,000
Initial Listing