4750 N CENTRAL Avenue 2B, Phoenix, AZ 85012, Phoenix, 85012 - 1 bed, 1 bath
Loading property details...
Phoenix, AZ 85012
This Mid-Century Urban Condominium represents a High-Potential Investment Opportunity with a List Price of $125,000—positioned well below the $163,434 Fair Market Value by 23%. This valuation gap provides $38,434 in Instant Equity for the buyer. Boasting a Condition Rating of 3, the turn-key interior features a renovated kitchen and desirable mountain views from a private balcony. Located in the heart of Central Phoenix near Osborn Middle School, this asset offers immediate light rail access. It is perfectly suited for Buy-and-Hold Investors or Urban Professionals.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4750 N CENTRAL Avenue 2B Subject | $125,000* List Price | 1 | 1 | 702 | $233 | - |
A 4750 N CENTRAL Avenue 3G Sold | $115,000 | 1 | 1 | 702 | $164 | 0.0 mi |
B 4750 N CENTRAL Avenue 3R Active | $135,000 List Price | 1 | 1 | 702 | $192 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the building dates to 1963, the unit features a renovated kitchen with stainless steel appliances, updated cabinetry, and modern lighting consistent with a 5-15 year old renovation. The interior is well-maintained, functional, and described as turn-key.
Situated in the heart of Central Phoenix, this property offers exceptional walkability to premier dining and shopping, with immediate access to the light rail for easy commuting to downtown and Tempe.
The condo is marketed as a move-in ready, turn-key residence, providing a low-maintenance lifestyle ideal for busy professionals or those seeking a secondary urban home.
The unit features desirable mountain views, adding significant aesthetic value and a sense of openness that is highly sought after in high-rise living.
The monthly association fee of $1,195 is exceptionally high relative to the $125,000 list price, which may deter budget-conscious buyers and impact overall affordability.
Built in 1963, the building may present challenges related to mid-century infrastructure and potentially lower energy efficiency compared to modern residential developments.
Extremely desirable and sought after location, this 1 bedroom, 1 bath condo is in the heart of central Phoenix and is perfect for a low maintenance lifestyle with all the incredible amenities one needs. Just steps away from the light rail giving you access to downtown and Tempe. Walking distance to many of the city's best restaurants, bars and shopping. Check out this great turn key, ready to move into condo before its gone!
No exterior & parking available.
Grades 7-8 • 0.7 mi
Grades PK-8 • 1.4 mi
Grades 9-12 • 0.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 42% |
| Baths | 1.0 | 2.0 | 47% |
| Square foot | 702 | 1,112 | 11% |
| Lot Size | 649 | 867 | 16% |
| Price | $125.0K | $329.0K | 37% |
| Price per sq ft | $178 | $355 | 37% |
| Built year | 1963 | 2008 | 21% |
| HOA | $1195 | $533 | 89% |
| Days on market | 9 | 1103 | 5% |
Apr 16, 2026
$125,000
Initial Listing