Check Availability
$474,900
↓ $13K (2.7%)
Property - For Sale

1701 W CLARENDON Avenue

Phoenix, AZ 85015
bedrooms
Studio
bathrooms
1 Bath
square feet
860 Sqft
$2,406
Estimated Monthly
$0
HOA / Fees
1.91%
Cap Rate

About This Property

**Gorgeous 2-bed, 1-bath Encanto Bungalow nestled in Phoenix's vibrant heart: An Exceptional Short-Term Rental Income Gem with a Ready-to-Build ADU Expansion Opportunity.  **the potential addition of the ADU will offer an extra 560 sq. ft. of rentable space, maximizing your rental opportunity. Once the ADU comes to fruition, envision a sprawling 4-bed, 3-bath sanctuary that could be rented to up to 3 separate tenants, in the heart of the city. The property provides parking for up to 6 vehicles, and its exterior is adorned with an expansive, furnished patio, capturing the essence of Arizona's refined outdoor lifestyle. Stepping inside, you'll be greeted by a luminous living area, segueing into a gourmet kitchen complete with a modern coffee station and top-tier appliances. In-unit washer and dryer enhance the convenience factor. The lush outdoor area, equipped with a BBQ setup, beckons for gatherings and tranquil moments alike. Beyond its aesthetic appeal, this bungalow stands as a promising and strategic investment prospect for the experienced owner.

The manager has listed the unit size as 860 square feet.
Unit Size
860Ft²
Days on Market
195 days
Land Size
0.22 acres
Price per sqft
$552
Property Type
Property
Property Taxes
$73
HOA Dues
-
Year Built
1944
Listed By
Last updated: 2 months ago (ARMLSAZ #6619696)

Price History

Date / Event Date Event Price
Mar 9, 2024 Price Decreased $474,900
↓ $13K (2.7%)
Price Decreased
Feb 19, 2024 Price Decreased $487,900
↓ $10K (2%)
Price Decreased
Jan 20, 2024 Price Decreased $497,900
↓ $7K (1.4%)
Price Decreased
Jan 19, 2024 Price Decreased $504,900
↓ $10K (1.9%)
Price Decreased
Jan 11, 2024 Price Decreased $514,900
↓ $10K (1.9%)
Price Decreased
Show More

Property Highlights

Exterior Details

Exterior Information

Block

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
Other
Loft
2 Baths
1,347 ft²
$423/ft²
$570,000 Oct 5, 2023
-
$123/mo
Other
Loft
2 Baths
1,380 ft²
$384/ft²
$530,000 Oct 17, 2023
-
$119/mo
Other
Loft
2 Baths
1,403 ft²
$378/ft²
$530,000 Dec 15, 2023
-
$82/mo
Other
Loft
2 Baths
1,478 ft²
$419/ft²
$619,900 Nov 27, 2023
-
$138/mo
Other
Loft
1 Bath
1,133 ft²
$388/ft²
$439,999 Nov 21, 2023
-
$100/mo
Other
Loft
2 Baths
1,884 ft²
$318/ft²
$600,000 Nov 13, 2023
-
$77/mo
Other
Loft
2 Baths
1,894 ft²
$227/ft²
$429,500 Nov 16, 2023
-
$118/mo
Other
Loft
4 Baths
2,131 ft²
$293/ft²
$625,000 Nov 29, 2023
-
$179/mo

Past Sales

Date Unit Beds Baths Sqft Price Closed Owner Listed By
20220421
04/21/2022
2 Bed
1 Bath
860 ft²
$365,000
bedrooms
2 Bed
bathrooms
1 Bath
square feet
860 ft²
-
-
-
Robin Leigh
Launch Real Estate

Building Info

1701 West Clarendon Avenue 1701 West Clarendon Avenue, Phoenix, AZ 85015
  • 1 Unit for Sale
More about this Building
1701 West Clarendon Avenue
Want to find out who owns 1701 West Clarendon Avenue, Phoenix, AZ 85015? Get detailed property transactions here .

About Encanto


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