9209 N 59TH Avenue 204, Glendale, AZ 85302, Glendale, 85302 - 2 bed, 2 bath
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Glendale, AZ 85302
This spacious two-bedroom condominium represents a High-Potential Investment Opportunity with a List Price of $225,000—positioned well below the $257,429 Fair Market Value by 12%. This valuation gap provides $32,429 in Instant Equity. While maintaining a Condition Rating of 4 with its original 1984 finishes, the unit features a rare private 1-car garage, a fireplace, and a community pool. Its prime location near Glendale Community College and ASU West ensures consistent rental demand. This is an optimal acquisition for Buy-and-Hold Investors or first-time buyers seeking a value-add asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9209 N 59TH Avenue 204 Subject | $225,000* List Price | 2 | 2 | 1,238 | $208 | - |
A 9221 N 59TH Avenue 218 Sold | $174,900 | 1 | 1 | 781 | $224 | 0.0 mi |
B 9054 N 51ST Lane Active | $227,500 List Price | 3 | 2 | 1,165 | $195 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this property is well-maintained and move-in ready but shows significant signs of its original era. While there are some updates, such as a modern bathroom vanity and clean flooring, the kitchen remains dated with original-style dark wood cabinetry, white appliances, and a fluorescent light box. The bathroom tile also appears original. It fits the 'fair' criteria as a 40-year-old home that has had occasional updates but lacks a full modern renovation.
The property is ideally located near Glendale Community College, ASU West, Grand Canyon University, and Midwestern University, making it an excellent choice for students, faculty, or as a high-demand rental investment.
Unlike many condominium units that only offer carports or open parking, this unit includes a private 1-car garage, providing enhanced security, vehicle protection, and additional storage space.
At 1,238 square feet, this unit offers a generous floor plan featuring a great room with a fireplace and a master suite with double sinks, providing more living space than typical two-bedroom condos in this price range.
Built in 1984, the unit may require cosmetic updates or modernization of fixtures and finishes to compete with newer developments and meet contemporary aesthetic standards.
Being a second-floor unit, the property may pose accessibility challenges for individuals with mobility concerns and lacks the convenience of a ground-level entrance.
This unit features two bedrooms and 1.75 bathrooms with 1 CAR GARAGE in Olive Glen Condominiums. Unit opens to spacious great room with fireplace. Kitchen has a breakfast bar and adjacent dining area. Kitchen appliances include range/oven, disposal, dishwasher and refrigerator. Master bedroom has a wall closet and 3/4 master bathroom with double sinks. Second bedroom located just off the great room. Second bathroom is located off the hallway with access also from the second bedroom. Community Pool. Near Glendale Community College. ASU West Grand Canyon University and Midwestern University located nearby.
No exterior & parking available.
Grades K-8 • 0.7 mi
Grades 7-12 • 2.2 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 1.5 | 50% |
| Baths | 2.0 | 1.5 | 50% |
| Square foot | 1,238 | 1,009.5 | 50% |
| Lot Size | 1,286 | 682 | 50% |
| Price | $225.0K | $199.9K | 50% |
| Price per sq ft | $182 | $203 | 50% |
| Built year | 1984 | 1984 | 50% |
| HOA | $260 | $204 | 50% |
| Days on market | 47 | 2098 | 50% |
Mar 6, 2026
$225,000
Initial Listing