5142 E EDGEMONT Avenue, Phoenix, AZ 85008, Phoenix, 85008 - 3 bed, 2 bath
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Phoenix, AZ 85008
This Charming Lower Arcadia Townhome is a Prime Investment Opportunity, listed at $399,000—positioned well below the $496,612 Fair Market Value by 19%. This significant valuation gap provides $97,612 in Instant Equity. Boasting a Good Condition Rating, the interior features vaulted ceilings, a classic beehive fireplace, and updated bathrooms. Residents enjoy panoramic Camelback Mountain views and a private courtyard minutes from Old Town Scottsdale. This turnkey residence is an exceptional acquisition for Owner-Occupants seeking a value-buy or Buy-and-Hold Investors targeting a high-demand rental area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5142 E EDGEMONT Avenue Subject | $399,000* List Price | 3 | 2 | 1,132 | $439 | - |
A 5312 E WINDSOR Avenue Sold | $377,500 | 2 | 2 | 1,007 | $375 | 0.2 mi |
B 5119 E WINDSOR Avenue Sold | $409,000 List Price | 3 | 2 | 1,132 | 0.1 mi | |
C 2006 N 51ST Way Sold | $372,500 | 3 | 2 | 1,305 | $285 | 0.7 mi |
D 5402 E WINDSOR Avenue 2 Active | $375,000 List Price | 2 | 2 | 1,161 | $323 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features several recent updates including fresh interior paint, new luxury vinyl plank flooring, and new carpeting in the bedrooms. The bathrooms have been updated with modern vanities and fixtures. While the home was built in 1980, the interior shows minimal wear and tear, and the description notes a new washer and dryer. It meets the 'good' criteria as a well-maintained home with updated components that does not require immediate renovation.
Situated in the desirable Lower Arcadia area, the property offers stunning panoramic views of Camelback Mountain and is minutes from the dining and entertainment of Old Town Scottsdale and Downtown Phoenix.
The home features vaulted ceilings, a classic beehive fireplace, updated bathrooms, and fresh interior paint, providing a move-in-ready aesthetic with contemporary appeal.
This highly bikeable location offers easy access to the Phoenix Zoo and Desert Botanical Garden, complemented by a private courtyard perfect for enjoying the desert air.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The assigned public schools, Griffith Elementary and Camelback High, have lower performance ratings (4 and 3 respectively), which may be a drawback for education-focused buyers.
At 1,132 square feet for a three-bedroom configuration, the layout is quite efficient but may feel small for families or those requiring larger room dimensions.
Tucked in Lower Arcadia, this charming 3-bed, 2-bath townhouse captures the best of the Phoenix lifestyle. Enjoy panoramic views of Camelback Mtn while living minutes from the dining, shopping, and nightlife of Old Town and Downtown. Bike to nearby icons like the Phoenix Zoo and the Desert Botanical Garden. Inside, vaulted ceilings and a classic beehive fireplace anchor the main living space. At the same time, the functional kitchen opens onto a private courtyard - perfect for morning coffee or evening desert air - and leads to a private laundry area with a new washer and dryer. Updated bathrooms, fresh interior paint, and a smart, efficient layout make everyday living easy. If your home search includes 'Arcadia, Camelback views, bikeable, close to everything,'' this one checks the boxes.
No exterior & parking available.
Grades PK-8 • 1.1 mi
Grades 9-12 • 3.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 89% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,132 | 968 | 68% |
| Lot Size | 1,603 | 821 | 84% |
| Price | $399.0K | $235.0K | 95% |
| Price per sq ft | $352 | $252 | 89% |
| Built year | 1980 | 1986 | 47% |
| HOA | $121 | $210 | 16% |
| Days on market | 31 | 1493 | 5% |
Mar 26, 2026
$399,000
Initial Listing