5204 N 42ND Drive, Phoenix, AZ 85019, Phoenix, 85019 - 2 bed, 1 bath
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Phoenix, AZ 85019
This Strong Value Opportunity is a 2-bedroom townhome listed at $165,000, positioned well below the $174,293 Fair Market Value by 5%. This valuation gap offers $9,293 in Instant Equity. Featuring a Condition Rating of 3, the property includes modern kitchen updates and a private patio. Its proximity to Grand Canyon University ensures high rental demand, making this an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a move-in ready, low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5204 N 42ND Drive Subject | $165,000* List Price | 2 | 1 | 924 | $189 | - |
A 4043 W WONDERVIEW Road Sold | $189,000 | 3 | 1 | 1,005 | $188 | 0.2 mi |
B 5203 N 42ND Drive Sold | $194,000 | 2 | 1 | 1,005 | $193 | 0.0 mi |
C 4107 W WONDERVIEW Road Sold | $212,000 | 3 | 1 | 1,005 | $211 | 0.2 mi |
D 4107 W WONDERVIEW Road Sold | $212,000 | 3 | 1 | 1,005 | $211 | 0.2 mi |
E 5212 N 42ND Lane Active | $205,000 List Price | 3 | 1 | 1,005 | $204 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 1972 but features recent cosmetic renovations including updated low-maintenance flooring, renovated kitchen cabinets and countertops, and new carpet. The property is move-in ready and well-maintained, though original elements like popcorn ceilings and older window styles remain.
The property's location near GCU makes it a prime target for student rentals or faculty housing, offering strong investment potential and high rental demand.
Featuring a renovated kitchen with updated countertops and cabinets, plus low-maintenance flooring, the home offers a move-in-ready aesthetic that appeals to modern buyers.
As a corner unit, this townhome provides easier community access and enhanced privacy, complemented by a private patio with pavers and artificial turf.
With only one bathroom and 924 square feet of living space, the property may be less attractive to families or buyers seeking more spacious accommodations.
The $313 monthly association fee represents a significant recurring expense relative to the $165,000 purchase price, which may impact overall affordability for some buyers.
Townhome located near Grand Canyon university. Your own private patio with pavers and artificial turf. As you enter you'll notice the updated low maintenance flooring. The kitchen features renovated countertops and cabinets and a pantry for storage. Upstairs the two bedrooms have soft carpet and ceiling fans. Laundry room with washer and dryer. Corner unit with easy access to the community pool. Conveniently located near shopping. Great opportunity for first time buyer or investor.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 924 | - |
| Lot Size | 990 | - |
| Price | $165.0K | $341.8K |
| Price per sq ft | $179 | $259 |
| Built year | 1972 | 0 |
| HOA | $313 | $0 |
| Days on market | 15 | 1211 |
Jul 8, 2026
$165,000
Initial Listing