6529 N 24th Lane, Phoenix, AZ 85015, Phoenix, 85015 - 2 bed, 2 bath
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Phoenix, AZ 85015
This townhouse presents a High-Potential Investment Opportunity with a List Price of $199,000—positioned slightly above the $193,071 Fair Market Value by -3%. Featuring a Fair Condition Rating (5/10), the property requires a full rehab to address dated interiors and exterior wood rot. Its Prime Corner Location next to Washington Park and the Phoenix Tennis Center ensures strong rental demand. This asset is a strategic value-add project ideal for Buy-and-Hold Investors or Fix-and-Flip Investors seeking a manageable, low-maintenance unit in a high-demand area.
Property is extensive renovation needed.
The property is 50 years old (built 1974) with no evidence of significant renovations. Interior images show a highly dated bathroom and laundry area exceeding 30 years in age, while the exterior patio and storage shed show visible wood rot and structural deterioration, indicating a need for a full rehab.
As a corner unit situated next to the Phoenix Tennis Center and Washington Park, this property offers enhanced privacy and immediate access to premier recreational facilities.
With a competitive price point and low monthly HOA fees, this townhouse is an ideal candidate for both long-term and short-term rental strategies in a high-demand area.
Residents benefit from well-maintained community features, including a large swimming pool and clubhouse, providing added lifestyle value rarely found at this price bracket.
Built in 1974, the property may require updates to major systems or cosmetic modernizations to meet current market standards and buyer expectations.
At 954 square feet, the interior layout is relatively compact for a two-bedroom home, which may pose challenges for buyers seeking spacious living areas or ample storage.
Excellent Corner-Unit Townhouse in Maryland Meadows 2-Bed 2-Bath! Ideally situated in the Heart of The Valley right next to the iconic Phoenix Tennis Center & Washington Park! These townhouses don't come up for sale very often. Take advantage of the Large Community Pool & Clubhouse! Nearby freeways, parks, schools, entertainment, and shopping centers. Low maintenance and convenient to live in or make it an investment property (long/short term rental) Either way, this is a great opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 954 | - |
| Lot Size | 1,912 | - |
| Price | $199.0K | $341.8K |
| Price per sq ft | $209 | $259 |
| Built year | 1974 | 0 |
| HOA | $189 | $0 |
| Days on market | 37 | 1211 |
Jun 16, 2026
$199,000
Initial Listing