5620 N 20TH Drive, Phoenix, AZ 85015, Phoenix, 85015 - 4 bed, 3 bath
Loading property details...
Phoenix, AZ 85015
This Turnkey Income-Producing Property is a Strong Value Opportunity, listed at $485,000—positioned slightly above the $474,000 Fair Market Value. Despite the premium, the home features a Mint Condition Rating with a Modernized Granite Kitchen and a versatile Attached Casita. This setup provides immediate rental income potential or flexible multigenerational living. While local school ratings are modest, the property’s proximity to Grand Canyon University and major freeways ensures high tenant demand. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a move-in ready asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5620 N 20TH Drive Subject | $485,000* List Price | 4 | 3 | 1,733 | $274 | - |
A 2138 W KEIM Drive Sold | $500,000 | 5 | 3 | 2,111 | $237 | 0.6 mi |
B 2033 W PALO VERDE Drive Sold | $375,000 | 4 | 2 | 1,413 | $265 | 0.3 mi |
C 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
D 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
E 6501 N 20TH Avenue Sold | $435,000 | 3 | 2 | 1,439 | $302 | 0.9 mi |
F 6316 N 23RD Avenue Sold | $390,000 | 3 | 2 | 1,467 | $266 | 0.8 mi |
G 2216 W BERRIDGE Lane Sold | $525,000 | 4 | 2 | 1,927 | $272 | 0.6 mi |
H 2026 W RANCHO Drive Pending | $565,000 List Price | 4 | 2 | 1,827 | $309 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Despite the 1953 build date, the property has undergone a comprehensive recent renovation (likely <5 years) including a modern kitchen with shaker cabinets and granite counters, updated bathrooms, and new systems like the hot water heater. The interior features fresh paint, new hardware, and modern flooring, making it a mint-condition, move-in ready home.
The property features an attached casita and no HOA, making it an ideal turnkey short-term rental or multigenerational living space with a proven income-producing history.
Extensive updates including a remodeled kitchen with granite countertops, refreshed bathrooms, and new attic insulation ensure a move-in-ready experience with improved energy efficiency.
Situated minutes from Grand Canyon University and major freeways, the home offers excellent accessibility to shopping, dining, and high-demand rental markets.
The assigned public schools have low ratings (ranging from 1 to 3), which may deter families prioritizing high-quality educational proximity.
Despite recent cosmetic and system updates, the 1953 construction may present long-term maintenance challenges typical of mid-century homes.
No HOA, and this one's already producing income. This beautifully updated 4 bed, 3 bath midtown Phoenix home includes an attached casita, ideal for multigenerational living, guests, or short-term rental income. It's currently a successful vacation rental with two rentable spaces: a 3 bed, 1.5 bath main home and a private attached casita. Inside, thoughtful renovations create a move-in ready home with everyday comfort and real versatility. The kitchen has been beautifully updated with new cabinetry, granite counters, tile backsplash, and modern lighting, and the whole home feels fresh with new paint, blinds, curtains, and hardware. The half bath was redesigned with board and batten, wallpaper, and a new vanity and toilet. The casita offers its own kitchenette and a remodeled, tiled guest shower. More upgrades: new hot water heater, added attic insulation, covered patio, storage shed, two Ring doorbells, and refreshed desert landscaping with new rock, trees, cactus, and flowering lilies. Minutes from Grand Canyon University, shopping, dining, and freeway access, this home offers real flexibility as a primary residence, multigenerational setup, or income property.
No exterior & parking available.
Grades K-3 • 0.9 mi
Grades 4-8 • 0.4 mi
Grades 9-12 • 2.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,733 | - |
| Lot Size | 6,873 | - |
| Price | $485.0K | $495.4K |
| Price per sq ft | $280 | $290 |
| Built year | 1953 | 0 |
| HOA | $0 | $0 |
| Days on market | 13 | 1260 |
Jul 10, 2026
$485,000
Initial Listing