5205 N 42ND Parkway, Phoenix, AZ 85019, Phoenix, 85019 - 2 bed, 1 bath
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Phoenix, AZ 85019
This Investor-Ready Townhome Asset is listed at $162,500, positioned accurately at its $162,500 Fair Market Value. Currently holding a Condition Rating of 4, the property is move-in ready while offering clear value-add upside for those looking to modernize the 1972 finishes. Its proximity to Grand Canyon University ensures a consistent tenant base, further bolstered by separately metered utilities and a private courtyard. This low-maintenance property represents a prudent acquisition for Buy-and-Hold Investors or first-time buyers seeking a strategic location with rapid freeway access.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5205 N 42ND Parkway Subject | $159,900* List Price | 2 | 1 | 924 | $137 | - |
A 3944 W CAMELBACK Road Sold | $198,500 List Price | 2 | 1 | 924 | 0.4 mi | |
B 3957 W READE Avenue Sold | $160,000 List Price | 3 | 1 | 1,005 | 0.4 mi | |
C 4615 N 39TH Avenue 6 Sold | $174,000 | 2 | 2 | 1,026 | $170 | 0.8 mi |
D 4615 N 39TH Avenue 6 Sold | $174,000 | 2 | 2 | 1,020 | $171 | 0.8 mi |
E 5221 N 42ND Lane Active | $159,900 List Price | 2 | 1 | 924 | $173 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1972, this property is functional and move-in ready but shows clear signs of age. While there are some updates like newer laminate flooring in the bedrooms, the main living area features dated tile, older light fixtures, and tile countertops in the kitchen. The overall aesthetic and detached laundry setup reflect its original era without a comprehensive modern renovation.
The property is ideally situated near Grand Canyon University with rapid access to I-10, I-17, and US-60, making it highly attractive for students, faculty, and commuters.
The unit is separately metered for both water and electricity, a significant advantage that simplifies property management and reduces overhead for potential landlords.
The inclusion of a private courtyard offers a rare outdoor retreat for a townhome at this price point, providing a dedicated area for relaxation and hosting guests.
With only one full bathroom serving two bedrooms, the layout may be less convenient for roommates or small families compared to units with a powder room on the main level.
The laundry facilities are located in a detached storage space rather than inside the main living area, which may be viewed as a convenience drawback for modern buyers.
Cozy townhome with a smart two-level layout. Upstairs features 2 bedrooms and 1 full bath, while the main level offers a comfortable living area and kitchen—perfect for everyday living and easy entertaining. Step outside to your own private courtyard, ideal for relaxing or hosting guests. A detached laundry/storage space includes water heater and washer/dryer hookups for added convenience. Whether you're a first-time buyer or an investor, this property checks the boxes. Unit is separately metered for both water and electric. Prime location close to GCU with quick access to I-10, I-17, and US-60. Come see it and make it yours!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 1.0 | 50% |
| Square foot | 924 | 1,005 | 31% |
| Lot Size | 899 | 1,790 | 23% |
| Price | $159.9K | $174.0K | 46% |
| Price per sq ft | $173 | $171 | 54% |
| Built year | 1972 | 1972 | 50% |
| HOA | $313 | $148 | 92% |
| Days on market | 107 | 1261 | 8% |
Apr 15, 2026
$159,900
$162,500
-2% Price Drop
Initial Listing
Jan 9, 2026
$162,500
Initial Listing