9024 N 51st Lane, Glendale, AZ 85302, Glendale, 85302 - 2 bed, 1 bath
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Glendale, AZ 85302
This Value-Add Townhouse Asset is listed at $199,900, compared to a $144,274 Fair Market Value. While the list price reflects the high demand for entry-level inventory in Glendale, the property’s Condition Rating of 5 necessitates a comprehensive interior overhaul to address dated 1973 finishes and utility area damage. Featuring a private patio and prime access to the I-17 and Loop 101, the unit offers significant rental upside once modernized to current market standards. This is an optimal acquisition for Fix-and-Flip Investors or Buy-and-Hold Investors seeking a high-yield renovation project.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9024 N 51st Lane Subject | $195,900* List Price | 2 | 1 | 810 | $177 | - |
A 5046 W New World Drive Sold | $250,000 | 2 | 2 | 1,045 | $239 | 0.2 mi |
B 5934 W TOWNLEY Avenue Sold | $220,000 | 2 | 1 | 1,026 | $214 | 0.9 mi |
C 5919 W GOLDEN Lane Pending | $175,000 List Price | 2 | 2 | 924 | $189 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in mostly original 1973 condition and requires substantial rehabilitation. The kitchen features dated cabinetry and vintage patterned linoleum flooring, while the laundry utility area shows significant wall damage and unfinished surfaces. Throughout the home, popcorn ceilings, worn carpeting, and aged fixtures indicate a lack of recent updates, necessitating a full interior overhaul to meet modern standards.
The property is ideally situated near major freeways including I-17 and Loop 101, providing quick access to downtown Phoenix, medical facilities, and popular Glendale entertainment districts.
As a single-story end unit with no stairs and a 'lock-and-leave' design, this home offers a convenient, simplified lifestyle perfect for downsizers or busy professionals.
Priced under $200,000, this unit serves as an excellent entry point for first-time buyers or an attractive opportunity for investors seeking a rental property in a high-demand area.
At just 810 square feet for a two-bedroom layout, the interior space is quite compact and may feel restrictive for those with significant furniture or storage needs.
Built in 1973 and noted as needing 'personal touches,' the property likely requires additional capital investment for modernizing the kitchen and interior finishes to meet current market standards.
Discover easy, affordable living in a convenient Glendale location! 🌟 At a cozy 810 sq ft, this single-level end unit gem is perfect for first-time buyers, downsizers, investors, or anyone seeking low-maintenance comfort without sacrificing access. Step inside to a functional layout that's ideal for everyday life--plenty of practical space for living and dining, plus a kitchen ready for your personal touches. No stairs, no yard hassle--just true lock-and-leave simplicity! A handy laundry closet is conveniently located just outside on the patio, making chores quick and easy without taking up indoor space. The real standout? Prime convenience! You're minutes from major shopping, restaurants, grocery stores, medical facilities, parks and quick freeway access (I-17 and Loop 101 nearby) to downtown Phoenix, Glendale sports/entertainment districts, or West Valley job hubs. Top schools are close by, public transit options are available, and everything you need is right at your fingertips--commute less, live more!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 1.0 | 2.0 | 27% |
| Square foot | 810 | 1,205.5 | 9% |
| Lot Size | 100 | 1,475.5 | 5% |
| Price | $195.9K | $220.0K | 41% |
| Price per sq ft | $242 | $210 | 86% |
| Built year | 1973 | 1973 | 50% |
| HOA | $186 | $164 | 73% |
| Days on market | 35 | 2529 | 5% |
Apr 19, 2026
$195,900
$199,900
-2% Price Drop
Initial Listing
Mar 18, 2026
$199,900
Initial Listing