6040 N 15TH Street 26, Phoenix, AZ 85014, Phoenix, 85014 - 2 bed, 2 bath
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Phoenix, AZ 85014
This Modernized Mid-Century Townhouse is a Prime Investment Opportunity listed at $300,000—positioned well below the $306,439 Fair Market Value by 2%. This valuation gap provides $6,439 in Instant Equity. Boasting a Condition Rating of 3, the interior features a modernized kitchen with stone countertops and updated flooring. The unique all-inclusive HOA covers major utilities and HVAC costs, offering financial predictability within the prestigious Madison School District. This move-in-ready home is an ideal acquisition for Owner-Occupants or first-time buyers seeking urban convenience.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6040 N 15TH Street 26 Subject | $300,000* List Price | 2 | 2 | 1,171 | $262 | - |
A 1320 E BETHANY HOME Road 65 Sold | $300,000 List Price | 2 | 2 | 952 | 0.2 mi | |
B 1017 E MARYLAND Avenue 116 Sold | $329,000 List Price | 2 | 2 | 1,014 | 0.7 mi | |
C 1221 E AVENIDA HERMOSA -- Sold | $234,900 List Price | 2 | 2 | 1,065 | 0.8 mi | |
D 6030 N 15TH Street 11 Active | $289,900 List Price | 2 | 3 | 1,171 | $248 | 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. The kitchen has been modernized with white shaker-style cabinetry, stone countertops, and stainless steel appliances. Bathrooms show contemporary upgrades including modern vanities and black hardware. While the structure was built in 1963, the interior has been well-maintained with updated lighting, custom storage, and new upstairs flooring, meeting the criteria for a well-maintained home with major systems functional and updated aesthetics.
The HOA fee covers water, trash, sewer, and significantly, the majority of HVAC cooling and heating costs, providing predictable monthly expenses and value in the Phoenix climate.
Situated in a highly desirable area near popular restaurants and retail with quick access to the SR-51, offering an ideal urban lifestyle and strong rental potential.
The home features several recent improvements including new upstairs flooring, updated lighting, and custom storage solutions, ensuring a move-in-ready experience for the buyer.
At $582 per month, the association fees are relatively high, which may impact the debt-to-income ratio and overall monthly affordability for some prospective buyers.
Built in 1963, the property may lack some of the modern architectural layouts and energy-efficient building standards found in newer residential developments.
Enjoy this light-filled 2-bedroom townhome in an unbeatable location close to restaurants, retail and more. This inviting home features numerous upgrades (see Documents tab), including new upstairs flooring, updated lighting throughout, and custom storage solutions. Both bedrooms are generously sized, with the second currently set up as a home office. The private back patio includes a large storage shed equipped with LG washer and dryer and extensive built-in storage. HOA covers water, trash, sewer, pest control, exterior maintenance, roof, two pools, and the majority of HVAC cooling and heating costs. Located just minutes from the SR-51. In addition, the HOA has recently enhanced the community with freshly painted building exterior and new pool furniture/pergola on the way!
No exterior & parking available.
Grades PK-4 • 0.4 mi
Grades 5-8 • 0.6 mi
Grades 9-12 • 3.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,171 | 1,820 | 27% |
| Lot Size | 903 | 1,956 | 14% |
| Price | $300.0K | $274.2K | 51% |
| Price per sq ft | $256 | $248 | 56% |
| Built year | 1963 | 1973 | 1% |
| HOA | $582 | $275 | 90% |
| Days on market | 58 | 1385 | 1% |
Apr 10, 2026
$300,000
$310,000
-3% Price Drop
Initial Listing
Feb 27, 2026
$310,000
Initial Listing