8344 N 21ST Drive I204, Phoenix, AZ 85021, Phoenix, 85021 - 2 bed, 2 bath
Loading property details...
Phoenix, AZ 85021
This 2-bedroom Townhouse presents a High-Potential Investment Opportunity with a List Price of $229,000—positioned well above the $193,297 Fair Market Value by -18%. Featuring a Condition Rating of 4, the property offers a spacious 1,202 sq ft layout with a covered patio and rare private garage and carport. While the interior requires modernization, the strategic location near I-17 and major medical hubs ensures strong rental demand. This asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add project in a central Phoenix location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8344 N 21ST Drive I204 Subject | $229,000* List Price | 2 | 2 | 1,202 | $161 | - |
A 7767 N 19TH Lane Sold | $201,700 | 2 | 3 | 1,394 | $145 | 0.6 mi |
B 7767 N 19TH Lane Sold | $201,700 | 2 | 3 | 1,394 | $145 | 0.6 mi |
C 2115 W BELMONT Avenue 2 Active | $239,000 List Price | 3 | 2 | 1,211 | $197 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is in dated but functional condition. While the kitchen features some updated stainless steel appliances, the cabinetry, laminate countertops, and fluorescent lighting boxes are original to the build. The bathrooms also show original oak vanities. It is move-in ready but requires modernization of core systems and finishes to meet current market standards.
The property uniquely offers both a private garage and a carport, providing superior convenience and storage options rarely found in standard condominium units.
Positioned near the I-17 corridor and major hubs like HonorHealth and Metrocenter, this location ensures high demand for both owner-occupants and rental investors.
At 1,202 square feet, the floor plan is notably larger than many two-bedroom condos in the area, featuring a functional flow and a private covered patio.
The assigned elementary and middle schools have lower ratings (3 and 4), which may impact long-term appreciation and appeal to families.
Constructed in 1984, the property may require updates to major systems or cosmetic renovations to meet modern buyer expectations and maintain competitiveness.
Welcome to El Caro Villas Condominium! This 2-bedroom, 2-bath condo offers 1,202 sq ft of living space with a functional floor plan and spacious layout. Features include a bright living area, ample kitchen space, and a covered patio for outdoor enjoyment. The property includes both garage and carport parking for added convenience. Located in North Phoenix near I-17, this condo offers quick access to major commuter routes, shopping, dining, and entertainment. Conveniently located approximately 2.5 miles from Metrocenter, 2.1 miles from Castles N' Coasters, 1.8 miles from Washington Park, and 2.7 miles from HonorHealth John C. Lincoln Medical Center. Great opportunity for owner-occupants or investors seeking a centrally located property in an established community.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 5-8 • 0.3 mi
Grades 9-12 • 1.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 2.0 | 0.0 |
| Square foot | 1,202 | - |
| Lot Size | 154 | - |
| Price | $229.0K | $341.8K |
| Price per sq ft | $191 | $259 |
| Built year | 1984 | 0 |
| HOA | $354 | $0 |
| Days on market | 26 | 1211 |
Jun 27, 2026
$229,000
Initial Listing