4827 N 87th Ave Avenue, Phoenix, AZ 85037, Phoenix, 85037 - 2 bed, 2 bath
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Phoenix, AZ 85037
This Updated Entry-Level Residence is listed at $290,000, representing a stable acquisition at its $290,000 Fair Market Value. Boasting a Condition Rating of 3, the interior features significant cosmetic upgrades including Wood-Look Laminate Flooring and a Modernized Kitchen with stainless steel appliances. The functional layout is complemented by a Private Patio and proximity to Westwind Elementary and Copper Canyon High School. Located minutes from the Westgate Entertainment District, this move-in ready home balances lifestyle convenience with long-term area growth. It is an ideal match for first-time buyers or Buy-and-Hold Investors seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4827 N 87th Ave Avenue Subject | $290,000* List Price | 2 | 2 | 870 | $333 | - |
A 8536 W College Drive Sold | $325,500 | 3 | 2 | 1,065 | $306 | 0.1 mi |
B 8344 W HIGHLAND Avenue Sold | $350,000 | 3 | 2 | 1,065 | $329 | 0.4 mi |
C 4455 N 84TH Avenue Sold | $265,000 | 2 | 2 | 918 | $289 | 0.6 mi |
D 4825 N 85TH Avenue Active | $299,000 List Price | 2 | 2 | 870 | $344 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1995, the property has undergone significant cosmetic renovations making it move-in ready. The interior features updated wood-look laminate flooring throughout, a modernized kitchen with grey cabinetry and stainless steel appliances, and contemporary light fixtures and ceiling fans. The living area includes a modern accent wall with an integrated electric fireplace. While some elements like the kitchen's fluorescent lighting and the exterior show the home's age, the overall condition is well-maintained and updated beyond its original construction standards.
Situated near the Westgate Entertainment District, the property offers exceptional access to premier shopping, dining, and major freeways, making it highly desirable for commuters and lifestyle-oriented buyers.
With a competitive price point under $300,000 and a location in a growing area, this home represents an excellent entry-level opportunity for first-time buyers or a high-yield potential for rental investors.
The home is conveniently located within walking distance or a short drive to both elementary and high schools, adding significant value for small families or future resale.
At only 870 square feet, the interior living space is relatively small for a single-family home, which may feel restrictive for those requiring more room or storage.
The property is currently 'Active Under Contract,' indicating that a deal is already in progress and reducing the likelihood of a successful new offer unless the current transaction fails.
Charming 2-bedroom, 2-bath home conveniently located near Westgate Entertainment District, with easy access to shopping, dining, schools, and major freeways. Ideal for first-time buyers or investors seeking a well-located property in a growing area
No exterior & parking available.
Grades PK-8 • 0.6 mi
Grades 9-12 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 7% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 870 | 1,776 | 1% |
| Lot Size | 4,943 | 6,161 | 27% |
| Price | $290.0K | $355.0K | 35% |
| Price per sq ft | $333 | $198 | 98% |
| Built year | 1995 | 1998 | 43% |
| HOA | $66 | $48 | 62% |
| Days on market | 87 | 342 | 3% |
Jan 29, 2026
$290,000
Initial Listing