
Glendale, AZ 85301
This Tenant-Occupied Investment Asset is listed at $240,000, offering a functional 3-bedroom layout positioned relative to its $175,284 Fair Market Value. Holding a Fair Condition Rating, the residence is optimized for rental longevity with durable tile and laminate flooring and a spacious 1,450 sq ft floor plan. The inclusion of a private patio and community pool access enhances its lifestyle appeal, while the existing long-term tenant ensures immediate cash flow despite local low school ratings. This is a prudent acquisition for Buy-and-Hold Investors or Owner-Occupants looking for a low-maintenance, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5703 N 43RD Drive Subject | $240,000* List Price | 3 | 3 | 1,450 | $121 | - |
A 4862 W ROSE Lane Sold | $269,000 List Price | 4 | 3 | 1,500 | 0.8 mi | |
B 4862 W ROSE Lane Sold | $247,500 List Price | 4 | 3 | 1,500 | 0.8 mi | |
C 6607 N 44TH Avenue Sold | $200,000 | 3 | 2 | 1,408 | $142 | 0.9 mi |
D 4608 W MARYLAND Avenue 114 Active | $200,000 List Price | 3 | 2 | 1,215 | $165 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1973, this property is well-maintained but shows its age with dated features. While the flooring has been updated to durable tile and laminate, the kitchen and bathrooms feature older cabinetry, laminate countertops, and basic white appliances. The home is functional and currently tenant-occupied, but it lacks the modern renovations required for a higher score, fitting the 'Fair' criteria of being aged but maintained through regular upkeep.
The property comes with a long-term tenant already in place, offering investors immediate cash flow and eliminating the initial vacancy period and leasing costs.
Featuring tile flooring on the lower level and laminate wood upstairs, the home is designed for high durability and low maintenance, which is ideal for rental longevity.
At 1,450 square feet, this unit offers a generous layout with large bedrooms and a primary suite walk-in closet, providing more living space than many comparable townhomes.
Built in 1973, the property may require more frequent maintenance or future capital improvements to aging mechanical and structural systems compared to newer builds.
The assigned elementary, middle, and high schools all have low performance ratings (2-3 out of 10), which may limit appeal for families and impact long-term appreciation.
Spacious 3BR/2.5BA investment opportunity offering 1,450 sq ft with long-term tenant in place! Tile flooring downstairs and laminate wood upstairs for easy maintenance. Large bedrooms throughout, with a generous primary suite featuring a walk-in closet. Enjoy a private patio perfect for relaxing or entertaining. Community offers mature landscaping and a fenced pool. Conveniently located near shopping, schools, bus stops, and freeway access. Ideal opportunity for investors or future owner-occupants!
No exterior & parking available.
Grades K-3 • 0.8 mi
Grades 4-8 • 0.1 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 3.0 | 2.0 | 63% |
| Square foot | 1,450 | 1,233 | 63% |
| Lot Size | 2,152 | 1,490 | 88% |
| Price | $240.0K | $50.0K | 88% |
| Price per sq ft | $166 | $47 | 75% |
| Built year | 1973 | 1979 | 25% |
| HOA | $219 | $216 | 50% |
| Days on market | 40 | 724 | 13% |
Mar 13, 2026
$240,000
Initial Listing