
Phoenix, AZ 85051
This Modernized Single-Story Condominium represents a High-Potential Investment Opportunity with a List Price of $124,900—positioned well below the $148,416 Fair Market Value by 15%. This valuation gap provides $23,516 in Instant Equity. Featuring a Condition Rating of 3, the unit boasts a recent cosmetic refresh with wood-like vinyl flooring and fresh paint. Its prime location within walking distance to Cortez High School and Cactus Wren Elementary ensures consistent rental demand. This asset is a strategic acquisition for Buy-and-Hold Investors or first-time buyers seeking an affordable, move-in-ready entry into the Phoenix market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9222 N 35TH Avenue 2 Subject | $124,900* List Price | 2 | 1 | 750 | $198 | - |
A 3131 W COCHISE Drive 259 Sold | $155,000 | 2 | 1 | 744 | $208 | 0.8 mi |
B 3131 W COCHISE Drive 259 Sold | $155,000 | 2 | 1 | 744 | $208 | 0.8 mi |
C 8213 N 33RD Lane Sold | $135,000 | 2 | 1 | 924 | $146 | 0.9 mi |
D 3131 W COCHISE Drive 144 Sold | $119,995 | 1 | 1 | 760 | $158 | 0.8 mi |
E 3131 W COCHISE Drive 257 Active | $140,000 List Price | 1 | 1 | 728 | $192 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
While the property was built in 1975, it has undergone a recent cosmetic refresh including new wood-like sheet vinyl flooring and fresh paint throughout. The interior appears clean, functional, and move-in ready, meeting the criteria for a well-maintained older unit with recent updates.
Priced at $124,900, this property represents a rare entry-level opportunity in the Phoenix market, making it highly attractive for first-time buyers or investors seeking a low-cost rental.
The single-level floor plan offers ease of access and eliminates the noise of upstairs neighbors, appealing to a wide range of demographics including seniors and those with mobility preferences.
The property is conveniently located within walking distance to Cortez High School (0.4 miles) and Cactus Wren Elementary (0.6 miles), providing significant value for families.
The reliance on onsite laundry facilities rather than private in-unit hookups may be a drawback for buyers prioritizing modern convenience and privacy.
With only 750 square feet of living area, the unit offers a relatively small footprint that may feel restrictive for those requiring extra storage or larger room dimensions.
Welcome to your new home! This 2 bed 1 bath single story condo features wood-like sheet vinyl flooring throughout, an open living room, kitchen nook, bi-fold closet doors and onsite laundry.
No exterior & parking available.
Grades K-6 • 0.6 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 0.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 0.0 |
| Baths | 1.0 | 0.0 |
| Square foot | 750 | - |
| Lot Size | 719 | - |
| Price | $124.9K | $310.8K |
| Price per sq ft | $167 | $272 |
| Built year | 1975 | 0 |
| HOA | $275 | $0 |
| Days on market | 91 | 1408 |
Apr 23, 2026
$124,900
Initial Listing