8422 N CENTRAL Avenue B, Phoenix, AZ 85020, Phoenix, 85020 - 3 bed, 2 bath
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Phoenix, AZ 85020
This modernized Central Corridor condo is a High-Potential Investment Opportunity, listed at $369,900—positioned well below the $422,243 Fair Market Value by 12%. This valuation gap provides $52,343 in Instant Equity. Boasting a Move-In Ready Condition Rating, the home features a renovated kitchen, a rare private 2-car garage, and three distinct private outdoor spaces. Located steps from Murphy’s Bridle Path and the top-rated Sunnyslope High School, it offers a premier lifestyle with significant financial upside. This is an exceptional acquisition for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8422 N CENTRAL Avenue B Subject | $369,900* List Price | 3 | 2 | 1,408 | $300 | - |
A 8406 N CENTRAL Avenue A Sold | $315,000 List Price | 3 | 2 | 1,255 | 0.1 mi | |
B 750 E Northern Avenue 1041 Sold | $275,000 | 2 | 2 | 1,013 | $271 | 0.8 mi |
C 8225 N CENTRAL Avenue 9 Active | $350,000 List Price | 2 | 2 | 1,350 | $259 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is move-in ready and has undergone significant interior updates that exceed its 1974 build year. The kitchen is modernized with stainless steel appliances, dark cabinetry, and stone countertops. The flooring has been updated with contemporary large-format tile and wood-look laminate. While the 1.5-bathroom configuration is a bit dated for a 3-bedroom home, the overall condition of the fixtures, paint, and finishes indicates a well-maintained property renovated within the last 5 to 15 years.
Situated in the coveted Central Corridor, the property offers exceptional walkability to Murphy’s Bridle Path, the canal, and popular dining destinations like OHSO and The Vig.
The unit features three distinct private outdoor spaces—a courtyard, a balcony, and an upper patio—providing a rare level of indoor-outdoor flow for a condominium.
The inclusion of a private two-car garage with direct access to the home is a significant premium feature that adds security and convenience rarely found in this price range.
With three bedrooms but only 1.5 bathrooms, the configuration may be a drawback for families or those seeking a more modern primary suite arrangement.
Built in 1974, the property may require ongoing maintenance or capital improvements to aging systems and finishes to meet contemporary buyer expectations.
Hidden gem in the coveted Central Corridor! This two-level condo offers 3 bedrooms, 1.5 baths, and a private 2-car garage. Inside full laundry, and direct access from the garage. Thoughtfully designed with multiple outdoor spaces, including a balcony off the primary BR, upper patio off a 2nd BR, and private courtyard. Perfect for refined indoor-outdoor living. Set within a resort-style community featuring a salt-water pool & spa, and tennis/pickleball courts. Ideally located near the canal path and across from Murphy's Bridle Path for the most beautiful walks any time of day, and steps from OHSO, The Vig or your pick of Uptown dining and cultural destinations all with easy access to downtown and freeways. A rare opportunity in a premier North Central location. The HOA covers water, sewer, trash, roof, exterior pest control, and insurance.
No exterior & parking available.
Grades K-5 • 1.6 mi
Grades 5-8 • 1.5 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 2.0 | 86% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,408 | 1,023 | 94% |
| Lot Size | 7,105 | 985.5 | 97% |
| Price | $369.9K | $250.5K | 95% |
| Price per sq ft | $263 | $263 | 50% |
| Built year | 1974 | 1985 | 18% |
| HOA | $385 | $292 | 86% |
| Days on market | 65 | 1647 | 2% |
Feb 20, 2026
$369,900
Initial Listing