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 | $185,900* List Price | 2 | 1 | 924 | $201 | - |
A 4107 W WONDERVIEW Road Sold | $212,000 | 3 | 1 | 1,005 | $211 | 0.2 mi |
B 4107 W WONDERVIEW Road Sold | $212,000 | 3 | 1 | 1,005 | $211 | 0.2 mi |
C 3957 W READE Avenue Sold | $160,000 List Price | 3 | 1 | 1,005 | 0.4 mi | |
D 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.
NEW AC UNIT WITH 10-YEAR WARRANTY, NEW INTERIOR PAINT, FULLY REMODELED KITCHEN, NEW CABINETS, NEW RANGE, NEW REFRIGERATOR, NEW SINK, NEW FRONT DOOR, NEW WINDOWS, NEW BATHROOM VANITY, AND NEW BATHTUB! Beautifully updated and move-in ready, this home offers major recent improvements throughout. The fully remodeled kitchen features brand-new cabinets, a new range, refrigerator, new sink, and fresh modern finishes, creating a clean and functional space for everyday living.Additional upgrades include new interior paint, a new front door, new windows, an updated bathroom with a new vanity and bathtub, plus a new AC unit with a 10-yr warranty for added comfort and peace of mind. With these valuable improvements already completed, this home is a great opportunity for buyers looking for perfection
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 | 899 | - |
| Price | $185.9K | $341.8K |
| Price per sq ft | $201 | $259 |
| Built year | 1972 | 0 |
| HOA | $313 | $0 |
| Days on market | 195 | 1211 |
Jun 23, 2026
$185,900
$159,900
+16% Price Increase
Initial Listing
Apr 15, 2026
$159,900
$162,500
-2% Price Drop
Initial Listing
Jan 9, 2026
$162,500
Initial Listing