
Phoenix, AZ 85017
This property presents a Strong Value Opportunity with a List Price of $139,900—positioned well below the $145,900 Fair Market Value by 4%. This valuation gap offers $6,000 in Instant Equity for the buyer. Featuring a remodeled kitchen, stainless steel appliances, and an indoor washer/dryer, the unit maintains a Condition Rating of 3. With an existing 8% CAP rate, this turnkey Asset is ideal for Buy-and-Hold Investors or first-time buyers seeking a stable, income-producing entry into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 6818 N 35TH Avenue J Subject | $139,900* List Price | 1 | 1 | 728 | $200 | - |
A 6818 N 35TH Avenue E Active | $159,900 List Price | 1 | 1 | 728 | $220 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the structure was built in 1974, the interior has been updated with a remodeled kitchen featuring stainless steel appliances and newer carpet. The unit is well-maintained, functional, and move-in ready, as evidenced by its current status as an active rental.
The property generates a strong 8% CAP rate with an existing rental income of $1,450 per month, making it an attractive turnkey opportunity for investors.
Positioned as the best-priced unit in both the complex and the surrounding area, this listing offers significant value and a low entry point for the Phoenix market.
The unit features a remodeled kitchen with stainless steel appliances, newer carpet, and the convenience of an indoor washer and dryer, enhancing tenant appeal.
Built in 1974, the property may require more frequent maintenance or updates to major systems compared to newer developments in the area.
The assigned public schools have lower ratings (3/10), which may limit the property's appeal to families and impact long-term appreciation potential.
Attention Investors!! Best Priced unit in the Complex as well as surrounding area. Great little 1 Bedroom in Casa Domani with a large living room, newer carpet and a remodeled kitchen with Stainless Steel Appliances. Nice spaces and a very efficient living space, with indoor washer and Dryer. Unit is rented for $1450 returning an 8% CAP rate.
No exterior & parking available.
Grades 4-8 • 1.5 mi
Grades K-8 • 3.4 mi
Grades 9-12 • 2.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 1.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 728 | - |
| Lot Size | 821 | - |
| Price | $139.9K | $341.8K |
| Price per sq ft | $192 | $259 |
| Built year | 1974 | 0 |
| HOA | $250 | $0 |
| Days on market | 2 | 1211 |
Jul 23, 2026
$139,900
Initial Listing