Map location of 6240 N 16TH Street 37, Phoenix, AZ 85016
$199,000
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6240 N 16Th Street 37, Phoenix, AZ 85016

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2 Beds
2 Baths
1,191 Sq Ft

Investor Opportunity! Condo with All Utilities Included + Long-Term Improvements Underway. Solid opportunity for investors seeking a low-maintenance, income-producing property in one of Phoenix's most desirable and centrally located neighborhoods. This 2-bedroom, 2-bath condo offers an open floor plan, brand new dual-pane windows, a new sliding glass door, and tasteful lighting updates in both the dining and living areas. The unit is clean, functional, and move-in ready. The property uses a community central HVAC system, and the in-unit air handler (blower) has been well maintained for efficient airflow and comfort. The HOA covers all utilities including electricity, water, and sewer making this a rental with simplified tenant management. Community-wide improvements are currently underway, funded through a special assessment. These enhancements include deck and stairway renovations, electrical upgrades on the east side of the property, and refreshed landscaping all contributing long-term value for owners and tenants alike.Located just 5 minutes from Piestewa Peak Trailhead, 10 minutes to Downtown Phoenix, 10 minutes to ASU Downtown, and 10 minutes to Camelback Mountain. The condo is also surrounded by some of the city's top dining spots along 7th Street, Bethany Home, and Camelback, with quick access to public transportation, major freeways, and key employment centers. Rental potential is key, with strong demand from professionals, students, travel nurses, and outdoor lifestyle renters. This is a great long-term hold opportunity, offering income and future equity from ongoing community improvements.Note: Property list price is reflective of the value of current upgrades, rental income potential, and unbeatable central location. Serious inquiries only.

Listing By: Jessica D Noble - Long Realty Old Town azrmls Realty.com
  • MLS# 6818904
  • Date Listed02/11/2025
  • Bedrooms 2
  • Bathrooms 2 baths
  • Lot Size 0.02 acres (1,036 sq. ft)
  • Sewer Public Sewer
  • Subdivision LOS BLANCOS CONDOMINIUMS
  • Property Type Condominium
  • County Maricopa
  • Year Built 1968
  • Water Public
  • Square Feet 1,191 sq. ft
  • Price Per Sq. Ft $167.09

Interior Features

  • Appliances Dishwasher, Electric Range, Electric Oven
  • Flooring Tile
  • Cooling Central Air, Ceiling Fan(s)
  • Heating Electric

Exterior / Lot Features

  • Roof Built-Up
  • Lot Size Acres 0.02
  • Lot Size SQFT 1,036.00
  • Lot Features -

Directions

North on 16th, complex is on the left. Take first entry into complex and park in first parking spots near 16th St or any open guest parking.

Financial Considerations

  • HOA Fee $680 Monthly
  • Tax Amount $585
  • Terms Cash, Conventional, FHA, VA Loan

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in AZ / 85016

Source: Walkscore

63/100

Somewhat Walkable

Walk Score ®

44/100

Some Transit

Transit Score ®

64/100

Bikable

Bike Score ®

Overview

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

5 nearby routes: 5 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 39/100, Bike Score: 55/100.

Property Change History

Property Interior Features updated
List Price decreased from $214,900 to $199,000
Price Per Square Foot decreased from $180.44 to $167.09
List Price decreased from $220,000 to $214,900
Price Per Square Foot decreased from $184.72 to $180.44

Frequently Asked Questions for 6240 N 16TH Street 37

Source: Realty.com

6240 N 16TH Street 37, Phoenix, AZ 85016 is a 1,191 sq. ft. condo listed for sale with 2 bedrooms and 2 bathrooms. Realty.com has 28 photos of this condominium, listed at $199,000. View sales and tax history of condos, use our mortgage calculator and more on Realty.com

Realty.com has 28 photos of 6240 N 16TH Street 37.

Our records indicate that 6240 N 16TH Street 37 was built in 1968.

The full address for this home is 6240 N 16TH Street 37, Phoenix, AZ 85016.

6240 N 16TH Street 37 has been listed on Realty.com since Tue February 11, 2025

Some errands can be accomplished on foot. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 50/100, Transit Score: 39/100, Bike Score: 55/100.

There are 3 schools assigned to this home. Check out the schools near 6240 N 16TH Street 37. Madison Rose Lane School (Grades: K - 5), Madison #1 Elementary School (Grades: 6 - 8), North High School (Grades: 9 - 12)

Listing provided courtesy of: Long Realty Old Town (tel: 480-256-8802)
Listing agent: Jessica Noble (tel: 480-518-0448) (#jr612)

This content last refreshed on 2025-12-11 18:20:28. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 6240 N 16TH Street 37, Phoenix, AZ 85016 : MLS# 6818904

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