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    3030 E Clarendon Ave, Unit 16 Phoenix, AZ 85016

    For Sale
    $210,000

    Turnkey condo in Arcadia Lite, great investment opportunity.

    Lot size:
    0.02 Acres

    Property Features for 3030 E Clarendon Ave

    General Information

    Interior features
    1, : "Electric", "2": "Central Air"
    Exterior features
    1, : "APS", "2": "Foam"
    Lot size
    0.02 Acres

    Building Details

    Year built
    1975

    Source: HomeSmart Agent HomeSmart

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Arcadia Lite Condo Investment

    This condo presents a great investment opportunity as a turnkey rental property. The professionally managed Homeowner's Association fee includes electric and water services. Located in the Arcadia Lite area, the condo is situated minutes from the Biltmore area, restaurants, and hiking and biking trails. The ground-level unit features a patio and faces the pool and courtyard, which includes a barbecue grill. A washer, dryer, and refrigerator are included. The property is centrally located, with proximity to freeways, parks, grocery stores, public transportation, Sky Harbor Airport, downtown, and sporting arenas. Mid-term and short-term rentals are permitted. The property will have a new tenant in September 2025.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    GRS Mechanical Air Conditioning Contractor Black Bork US Hat Shop Leathify LLC Clothing Store Sinister Customs Upholstery Shop

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Phoenix
    County
    Maricopa
    State
    Arizona
    Longitude
    -112.0153345
    Latitude
    33.4918092

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    FAQs

    What type of property is this?
    Single family property - Turnkey condo in Arcadia Lite, great investment opportunity.
    Where is this single family property located?
    The property is located at 3030 E Clarendon Ave, Unit 16 Phoenix, AZ.
    What is the asking price?
    The asking price for this property is $210,000.
    What are key features of this property?
    This property features: - HOA fee includes Electric and Water, simplifying expenses.; - Turn-key rental property with new tenant secured for September 2025, providing immediate income.; - Centrally located in the desirable Arcadia Lite area, close to Biltmore, restaurants, hiking, and biking trails.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3030 E Clarendon Ave, Unit 16 Phoenix, AZ 85016
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