
Phoenix, AZ 85051
This 2-bedroom townhouse represents a High-Potential Investment Opportunity, listed at $149,900—positioned well below the $130,279 Fair Market Value by -15%. While the property is in Fair Condition Rating, its move-in ready status and proximity to the I-17 freeway and local parks provide immediate utility. The compact 750 sqft layout and $275 HOA fee require careful cash-flow analysis, yet the low entry price offers a unique entry point for Buy-and-Hold Investors or first-time buyers seeking an affordable, well-located Phoenix asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 9222 N 35TH Avenue 9 Subject | $145,900* List Price | 2 | 1 | 750 | $172 | - |
A 9222 N 35TH Avenue 3 Sold | $155,000 List Price | 2 | 1 | 750 | 0.0 mi | |
B 3414 W TANGERINE Lane Sold | $189,000 List Price | 2 | 2 | 986 | 0.4 mi | |
C 8218 N 34TH Drive Sold | $165,000 | 3 | 1 | 1,021 | $162 | 0.9 mi |
D 3421 W TANGERINE Lane Sold | $147,500 | 2 | 1 | 986 | $150 | 0.4 mi |
E 9222 N 35TH Avenue 14 Active | $169,900 List Price | 2 | 1 | 750 | $227 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1975, the property is functional and described as move-in ready, but the kitchen features dated laminate countertops with wood trim, older cabinetry, and basic appliances that appear to be over 20 years old. While well-kept, the interior requires cosmetic updates to meet modern standards.
Situated directly across from a large park and minutes from the I-17 freeway, the property offers excellent accessibility to outdoor recreation and major commuting routes.
With a list price of $149,900, this townhouse provides a rare, low-cost entry point into the Phoenix real estate market, making it highly attractive for investors and first-time buyers.
The home is marketed as move-in ready, allowing for immediate occupancy and eliminating the need for costly initial renovations or repairs.
At just 750 square feet for a two-bedroom unit, the interior space is quite compact, which may limit appeal for buyers seeking larger living or storage areas.
The $275 monthly association fee represents a significant recurring expense relative to the property's purchase price, potentially impacting a buyer's monthly budget and overall ROI.
Welcome to your new home, just minutes from 1-17 freeway, across the street from a large park, close to all amenities and move in ready. Also for Rent see MLS #7038226
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 | 723 | - |
| Price | $145.9K | $341.8K |
| Price per sq ft | $195 | $259 |
| Built year | 1975 | 0 |
| HOA | $275 | $0 |
| Days on market | 33 | 1211 |
Jun 27, 2026
$145,900
$149,900
-3% Price Drop
Initial Listing
Jun 20, 2026
$149,900
Initial Listing