
Phoenix, AZ 85008
This Turnkey Resort-Style Townhouse is listed at $226,500, representing a stable entry point near its $224,660 Fair Market Value. Featuring a Condition Rating of 3, the unit offers a modernized kitchen with quartz countertops and updated flooring, ensuring a move-in-ready experience. Located in a gated community with a pool, spa, and fitness center, the property provides immediate access to ASU, Old Town Scottsdale, and the airport. This well-maintained asset is an ideal match for Buy-and-Hold Investors or Owner-Occupants looking for a high-connectivity urban sanctuary.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5345 E VAN BUREN Street 216 Subject | $225,500* List Price | 1 | 1 | 761 | $294 | - |
A 5345 E VAN BUREN Street 115 Active | $224,000 List Price | 1 | 1 | 777 | $288 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and features significant interior updates that elevate it above its 1999 construction date. The kitchen has been modernized with quartz countertops, a deep stainless steel undermount sink with a professional-style faucet, and updated white shaker cabinetry. The flooring appears to be updated wood-look laminate or vinyl plank. While some elements like the white appliances and fluorescent lighting are slightly dated, the overall condition is well-maintained and turnkey.
Ideally situated near ASU, Old Town Scottsdale, and Sky Harbor Airport, with immediate access to the Metro Light Rail and major freeways, offering unparalleled convenience for commuters and students.
This fully furnished, move-in-ready unit is positioned as a 'cash flow on day one' opportunity, making it highly attractive for investors or buyers seeking a seamless transition.
Located within a gated community, the property features premium lifestyle perks including a pool, spa, fitness center, and private balcony with additional storage.
The assigned public schools carry lower academic ratings (3 and 4 out of 10), which may deter family-oriented buyers and impact long-term appreciation.
Proximity to major thoroughfares like Van Buren Street, the 202 freeway, and the airport suggests potential for higher ambient noise levels compared to quieter residential pockets.
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 | 761 | 1,118 | 4% |
| Lot Size | 762 | 1,220 | 8% |
| Price | $225.5K | $281.0K | 42% |
| Price per sq ft | $296 | $241 | 75% |
| Built year | 1999 | 1980 | 58% |
| HOA | $324 | $194 | 83% |
| Days on market | 324 | 938 | 42% |
Apr 9, 2026
$225,500
$226,500
+0% Price Increase
Initial Listing
Jun 6, 2025
$226,500
Initial Listing