5345 E VAN BUREN Street 115, Phoenix, AZ 85008, Phoenix, 85008 - 1 bed, 1 bath
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Phoenix, AZ 85008
This Turnkey Resort-Style Townhouse is listed at $225,000, offering a stable entry point at its $225,000 Fair Market Value. Boasting a Move-in Ready Condition Rating, the unit features a modern Granite Kitchen, high-quality tile flooring, and comes fully furnished for immediate utility. Located in a gated community with a Community Pool and Spa, the property is served by Balsz School and Camelback High School while providing seamless access to ASU and Old Town Scottsdale. This polished residence is a premier match for Owner-Occupants or Buy-and-Hold Investors seeking a maintenance-free, high-demand asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5345 E VAN BUREN Street 115 Subject | $224,000* List Price | 1 | 1 | 777 | $288 | - |
A 5345 E VAN BUREN Street 216 Active | $225,500 List Price | 1 | 1 | 761 | $296 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in move-in ready condition and features several modern updates that elevate it above its 1999 construction date. The kitchen has been updated with granite countertops, a modern undermount sink, and dark wood cabinetry. The flooring consists of high-quality tile throughout the main living areas. While the appliances like the washer and dryer appear slightly older, the overall interior is well-maintained, fully furnished, and requires no immediate renovation.
The property boasts exceptional proximity to Old Town Scottsdale, ASU, and Phoenix Sky Harbor Airport, with immediate access to the Metro Light Rail and major freeways.
Offered fully furnished and in turnkey condition, this unit is positioned for immediate occupancy or rental, promising day-one cash flow for investors.
Located within a gated community, residents enjoy premium amenities including a pool, spa, fitness center, and lush grounds with fountains and picnic areas.
The property is served by schools with lower performance ratings (3 and 4 out of 10), which may detract from its long-term appreciation and appeal to families.
The $331 monthly association fee represents a significant recurring expense for a one-bedroom unit, potentially squeezing net margins for investors.
This is an amazing turnkey, fully furnished property located near the Old Town Scottsdale area. Conveniently located close to nearby attractions such as the Tempe Town Lake, Phoenix Zoo, Desert Botanical Gardens, Papago Park, ASU & Sun Devil stadium. Easy and quick access to the airport, 202, & I-10. Or hop on the Metro Light Rail to all the Central Phoenix, Tempe and Mesa activities. Riverwalk is a gated resort-style community with amenities such as the fountains, pool/spa/fitness center and picnic areas. Private balcony and storage room with reserved covered parking too! INVESTORS: CASH FLOW ON DAY ONE!
No exterior & parking available.
Grades PK-8 • 1.6 mi
Grades 9-12 • 5.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 4% |
| Baths | 1.0 | 2.0 | 13% |
| Square foot | 777 | 1,118 | 4% |
| Lot Size | 778 | 1,220 | 13% |
| Price | $224.0K | $281.0K | 42% |
| Price per sq ft | $288 | $241 | 75% |
| Built year | 1999 | 1980 | 58% |
| HOA | $331 | $194 | 83% |
| Days on market | 324 | 938 | 42% |
Apr 9, 2026
$224,000
$225,000
+0% Price Increase
Initial Listing
Jun 6, 2025
$225,000
Initial Listing