
Phoenix, AZ 85008
This Renovated STR-Approved Condo is listed at $249,000, offering a stable and fair entry point aligned with its $238,348 Fair Market Value. Boasting an exceptional Condition Rating of 2, the interior features a comprehensive modern renovation with Quartz Countertops, LVP Flooring, and Stainless Steel Appliances. Lifestyle perks include a Private Patio and proximity to Griffith Elementary and Camelback High, while the Airbnb/VRBO approval near ASU and Sky Harbor ensures strong rental demand. This move-in-ready residence is an ideal match for Short-Term Rental Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5146 E OAK Street 112 Subject | $249,000* List Price | 2 | 2 | 810 | $294 | - |
A 2228 N 52ND Street 236 Sold | $179,000 | 1 | 1 | 660 | $271 | 0.1 mi |
B 4414 E HUBBELL Street 66 Sold | $295,000 | 2 | 2 | 1,012 | $292 | 1.0 mi |
C 2320 N 52ND Street 115 Active | $239,000 List Price | 2 | 2 | 810 | $295 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure dates to 1983, the interior has undergone a comprehensive modern renovation within the last 5 years. The unit features updated LVP flooring, quartz countertops, stainless steel appliances, and modernized bathroom vanities, meeting the criteria for mint condition with no immediate maintenance required.
The property is short-term rental approved (Airbnb/VRBO) and located near ASU and Sky Harbor Airport, making it an ideal asset for both long-term portfolios and vacation rental strategies.
Situated minutes from Old Town Scottsdale, Tempe, and Downtown Phoenix, the unit offers exceptional access to major employment hubs, entertainment, and dining, ensuring consistent tenant demand.
This stylishly renovated unit includes a seller-offered credit, providing immediate value and reducing the initial capital required for first-time buyers or investors.
At 810 square feet for a two-bedroom, two-bathroom layout, the interior dimensions are relatively small, which may feel restrictive for some residents.
The assigned public schools carry lower ratings (3 and 4), which could limit the property's appeal to families prioritizing high-performing educational districts.
Credit Offered!! This well-located and stylishly renovated unit is ideal for first-time buyers or savvy investors. Short term rental approved - AirBnB VRBO! Situated minutes from ASU, Old Town Scottsdale, Tempe, Sky Harbor Airport, and Downtown Phoenix, the property offers consistent tenant appeal and easy freeway access for commuters. Low-maintenance living and community amenities make it a smart buy-and-hold option, while its central location ensures long-term appreciation. Whether you're looking to build equity, expand your rental portfolio, or secure an affordable primary residence, this condo combines location, value, and investment potential in one of Phoenix's fastest-growing areas. Quiet area in a well-cared for complex with 1 assigned carport space and plenty of guest parking
No exterior & parking available.
Grades PK-8 • 0.8 mi
Grades 9-12 • 3.8 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 810 | - |
| Lot Size | 87 | - |
| Price | $249.0K | $310.8K |
| Price per sq ft | $307 | $272 |
| Built year | 1983 | 0 |
| HOA | $200 | $0 |
| Days on market | 314 | 1408 |
Sep 11, 2025
$249,000
Initial Listing