
Phoenix, AZ 85006
This Modern Urban Townhome is a stable acquisition listed at $470,000, aligning perfectly with its $470,000 Fair Market Value. Featuring a Good Condition Rating, the residence offers a move-in ready modern industrial aesthetic with polished concrete floors and a private backyard. Located steps from Roosevelt Row, the property boasts mountain views and a community pool, balancing city lifestyle with investment flexibility. With an HOA that permits rentals, this is an ideal opportunity for Owner-Occupants seeking downtown vibrancy or Buy-and-Hold Investors targeting a low-maintenance asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 727 E PORTLAND Street 6 Subject | $470,000* List Price | 3 | 2 | 1,444 | $325 | - |
A 727 E PORTLAND Street 35 Active | $495,000 List Price | 2 | 2 | 1,444 | $343 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2007, this property fits the 10-20 year age bracket for a 'good' rating. The home is move-in ready with a well-maintained modern industrial aesthetic, featuring polished concrete and laminate flooring, exposed wood beam ceilings, and stainless steel kitchen appliances. While it features thoughtful upgrades like custom bathroom tile and built-in storage, it does not meet the 'excellent' criteria of being built within 10 years or having a total top-to-bottom renovation within the last 5 years.
Situated just steps from Roosevelt Row and First Fridays, this property offers exceptional walkability to Phoenix's premier dining, coffee shops, and cultural entertainment.
This corner-unit features thoughtful improvements including true bedroom separation, custom bathroom tile work, and a versatile primary suite loft ideal for storage or a home office.
The HOA allows rentals and the 'lock-and-leave' low-maintenance design makes this an ideal choice for both long-term investors and busy urban professionals.
The assigned public schools for this address have relatively low ratings (3-4), which may be a deterrent for families prioritizing high-performing educational districts.
The $360 monthly association fee represents a significant recurring expense that buyers must factor into their overall monthly budget and affordability.
Enjoy the best of Downtown Phoenix living just steps from Roosevelt Row, First Fridays, coffee shops, restaurants, and everything the city lifestyle has to offer. This corner-unit modern townhome is located in the Portland 38 community. This home features thoughtful upgrades, including true bedroom separation with doors, a built-in closet in the primary suite, ceiling fans throughout, and custom tile work in the bathroom. The primary also includes additional space that was previously used as a loft, ideal for extra storage or a flexible bonus area. The open kitchen offers an inviting layout that's great for hosting. This unit also includes a garage with built-in storage. The backyard has mature bougainvillea, creating a charming outdoor space to relax or entertain. Residents enjoy access to a community pool and grill area, perfect for gatherings. This is a perfect lock-and-leave home offering low-maintenance living in the heart of the city. This home could be a great investment or rental property with the HOA allowing rentals within the community.
No exterior & parking available.
Grades PK-8 • 0.7 mi
Grades PK-8 • 0.7 mi
Grades PK-8 • 1.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,444 | 1,202 | 50% |
| Lot Size | 563 | 3,081.5 | 50% |
| Price | $470.0K | $285.0K | 50% |
| Price per sq ft | $325 | $215 | 50% |
| Built year | 2007 | 1974 | 50% |
| HOA | $360 | $180 | 50% |
| Days on market | 82 | 2220 | 50% |
Feb 3, 2026
$470,000
Initial Listing