5947 N 48TH Avenue, Glendale, AZ 85301, Glendale, 85301 - 2 bed, 1 bath
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Glendale, AZ 85301
This High-Potential Investment Opportunity is listed at a List Price of $187,000—positioned well below the $194,660 Fair Market Value by 3%. This valuation gap offers $7,660 in Instant Equity for the buyer. Featuring a Fair Condition Rating, this 2-bedroom townhome includes a private patio and move-in ready updates. While school ratings are modest, the property’s affordability and low-maintenance profile make it an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a stable, entry-level asset in Glendale.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5947 N 48TH Avenue Subject | $187,000* List Price | 2 | 1 | 972 | $200 | - |
A 6602 N 46TH Avenue Active | $235,000 List Price | 2 | 2 | 1,064 | $221 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1974, this property is over 50 years old. While the listing shows recent cosmetic updates like new carpeting and fresh paint making it move-in ready, the presence of popcorn ceilings and dated mirrored wall treatments indicates the home has not undergone a full modern renovation within the last 15 years. The kitchen is described as functional rather than modern, placing it in the fair category due to its age and dated aesthetic.
Priced under $200,000, this property offers a highly accessible entry point for first-time homebuyers or investors looking for a low-cost asset with strong rental potential in Glendale.
The townhome is marketed as move-in ready with a bright, open floor plan and functional kitchen, minimizing the need for immediate post-purchase renovation expenses.
The inclusion of a private patio provides a rare and versatile outdoor retreat for a townhouse, suitable for gardening, pets, or entertaining.
With only one bathroom serving two bedrooms, the layout may present a convenience challenge for roommates or small families compared to more modern 1.5 or 2-bath configurations.
The assigned public schools for this address currently hold lower performance ratings (2 and 3), which may impact long-term resale value for education-focused families.
Charming and move-in ready 2-bedroom, 1-bath townhome offering comfort, convenience, and low-maintenance living. This inviting home features a bright and open living area, a functional kitchen with ample cabinet space, and well-sized bedrooms with generous closet storage. Enjoy your own private patio--perfect for relaxing, entertaining, gardening, or creating an outdoor retreat. The thoughtful floor plan maximizes living space while providing a cozy and welcoming atmosphere. Conveniently located near shopping, dining, parks, schools, and major commuter routes. Whether you're a first-time homebuyer, downsizing, or looking for an investment opportunity, this townhome is a must-see!
No exterior & parking available.
Grades K-3 • 0.2 mi
Grades 4-8 • 0.5 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.5 | 50% |
| Baths | 1.0 | 2.0 | 17% |
| Square foot | 972 | 1,417 | 8% |
| Lot Size | 70 | 2,457 | 8% |
| Price | $187.0K | $201.0K | 50% |
| Price per sq ft | $192 | $146 | 83% |
| Built year | 1974 | 1972 | 58% |
| HOA | $235 | $198 | 83% |
| Days on market | 25 | 2320 | 8% |
May 22, 2026
$187,000
Initial Listing