
Phoenix, AZ 85021
This Townhouse Asset presents a High-Potential Investment Opportunity with a List Price of $360,000—positioned well above the $281,237 Fair Market Value by -28%. While the property requires cosmetic updates to address its Condition Rating of 4, the dual master suites and functional great room floor plan offer significant rental appeal. Featuring a private patio and pool access, this home is situated near major freeways. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a prime location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7770 N 20TH Avenue Subject | $335,000* List Price | 2 | 3 | 1,460 | $217 | - |
A 7830 N 21st Drive Sold | $290,000 | 2 | 2 | 1,137 | $255 | 0.2 mi |
B 7817 N 21ST Avenue Sold | $387,500 | 3 | 4 | 1,637 | $237 | 0.1 mi |
C 7817 N 21ST Avenue Sold | $387,500 | 3 | 4 | 1,637 | $237 | 0.1 mi |
D 2115 W BELMONT Avenue 2 Active | $239,000 List Price | 3 | 2 | 1,211 | $197 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1986 (38 years old) and appears to retain most of its original features. The kitchen and bathrooms are functional but dated, featuring 1980s-style oak cabinetry, laminate countertops, and a fluorescent light box. While the home is well-maintained and move-in ready, it exceeds the 20-year threshold for modern updates and requires cosmetic renovation to meet current market standards.
The property features two exceptionally large master suites with oversized walk-in closets, offering rare flexibility and privacy for roommates or multi-generational living.
Equipped with a two-car garage, an indoor laundry room, and a great room floor plan with a fireplace, the home provides modern conveniences often missing in townhouses.
Situated in a highly desirable Phoenix area, the property offers excellent accessibility to major freeways and shopping centers, supporting strong resale value.
The assigned elementary school has a rating of 2, which may be a significant drawback for families prioritizing high-quality primary education.
Despite the generous 1,460 square footage, the two-bedroom configuration may limit appeal for larger families compared to three-bedroom alternatives in the area.
THIS UNIT IS BEING REMODLED WITH NEW PAINT - NEW FLOORING HIGHLY DESIRABLE AREA!! TWO MASTER SUITES. ONE IS 15 X 18 WITH HUGE WALK IN CLOSET. THE OTHER IS 13 X 22 BIG ENOUGH TO BE 2 BEDROOMS WITH ANOTHER HUGE WALK IN CLOSET. WALK INTO THIS GREAT ROOM FLOOR PLAN WITH FIREPLACE. HALF BATH DOWNSTAIRS WITH INDOOR LAUNDRY ROOM! 2 CAR GARAGE! HIGHLY DESIRABLE AREA CLOSE TO SHOPPING AND FREEWAYS
No exterior & parking available.
Grades K-8 • 0.5 mi
Grades 9-12 • 1.0 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,460 | - |
| Lot Size | 2,017 | - |
| Price | $335.0K | $341.8K |
| Price per sq ft | $229 | $259 |
| Built year | 1986 | 0 |
| HOA | $253 | $0 |
| Days on market | 65 | 1211 |
Jun 16, 2026
$335,000
$350,000
-4% Price Drop
Initial Listing
May 30, 2026
$350,000
$360,000
-3% Price Drop
Initial Listing
May 19, 2026
$360,000
Initial Listing