8024 N 48TH Lane, Glendale, AZ 85302

$189,000
Property Type: Residential Bedrooms: 3 Baths: 2 Square Footage: 1,244 Lot Size (sq. ft.): 1,502 Status: Active
Current Price: $189,000 Last Modified: 9/26/2026

Overview

Description

INVESTMENT OPPORTUNITY WITH TENANT IN PLACE! This 3-bedroom, 2-bath townhome offers immediate rental income along with the opportunity to add value over time. The functional two-story floor plan features a spacious great room with vaulted ceilings, dining area and kitchen with pantry. The primary suite is privately located upstairs, while two additional bedrooms are conveniently situated on the main level. A private patio provides additional outdoor living space, and assigned covered parking adds everyday convenience. Currently tenant occupied, the property would benefit from a remodel and cosmetic updating, making it an excellent opportunity for an investor looking to improve and reposition the home in the future while benefiting from an existing tenancy today.

Listing Details MLS# 7085638

Location, Tax & Legal

House Number
8024
Compass
N
Street Name
48TH
St Suffix
Lane
City/Town Code
Glendale
State/Province
AZ
Zip Code
85302
Zip4
6438
Country
US
County Code
Maricopa
Assessor Number
148-12-641
Subdivision
TERRACE GREEN
Tax Year
2025
Assessor's Map #
12
Legal Description (Abbrev)
LOT 73 TERRACE GREEN MCR 023113
Assessor's Parcel #
641
Tax Municipality
Glendale
Taxes
674

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Townhouse
Dwelling Styles
Attached
Exterior Stories
2
# of Interior Levels
2
# Bedrooms
3
Full Bathrooms
2
Total Bathrooms
2
Approx SQFT
1244
Price/SqFt
151.93
Horses
N
Builder Name
UNKNOWN
Year Built
1982
Approx Lot SqFt
1502
Approx Lot Acres
0.034
Community Pool Y/N
Yes
Private Pool Y/N
No
Fireplace YN
No
Planned Comm Name
TERRACE GREEN
Elementary School District
Glendale Elementary District
High School District
Glendale Union High School District
Elementary School
Horizon School
Jr. High School
Glendale Landmark School
High School
Apollo High School
Half Bathrooms
0

Remarks Misc

Cross Street
49TH AVE & NORTHERN AVE
Directions
NORTH ON 49TH AVE TO MANZANITA, RIGHT, THEN RIGHT AGAIN ON 48TH LANE, AND RIGHT INTO COMPLEX. PARK IN UNCOVERED SPACE

Legal Info

Township
3N
Range
2E
Section
33
Lot Number
73

Basement

Basement Y/N
N

More Information

Parking Spaces

Carport Spaces
2
Total Covered Spaces
2
Slab Parking Spaces
0

Showing Notification Methods

Showing Service
Aligned Showings
Text
Yes
Phone Call
Yes

DPR Eligible

DPR Eligible
Yes

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Painted
Yes
Stucco
Yes

Roofing

Composition
Yes

Association & Fees

HOA Y/N
Y
HOA Disclosure/Addendum Affirmation
Yes
HOA Transfer Fee
400
HOA Fee
264
HOA Paid Frequency
Monthly
HOA Name
TERRACE GREEN
HOA Telephone
(800) 401-0486
Special Assessment HOA
No
HOA 2 Y/N
N
PAD Fee Y/N
N
Cap Improvement/Impact Fee
0
Cap Improvement/Impact Fee $/%
$
Prepaid Association Fees HOA
528
Disclosure Fees HOA
400
Other Fees HOA
0
Land Lease Fee Y/N
N
Rec Center Fee Y/N
N
Ttl Mthly Fee Equiv
264

Lockbox Type

None
Yes

Master Bathroom

Full Bth Master Bdrm
Yes
Private Toilet Room
Yes

Master Bedroom

Split
Yes
Upstairs
Yes

Additional Bedroom

Other Bedroom Downstairs
Yes

Flooring

Carpet
Yes

Dining Area

Dining in LR/GR
Yes

Heating

Electric
Yes

Kitchen Features

Dishwasher
Yes
Disposal
Yes
Electric Oven
Yes
Pantry
Yes
Refrigerator
Yes

Cooling

Ceiling Fan(s)
Yes
Central Air
Yes

Laundry

Washer Included
Yes
Dryer Included
Yes
Inside
Yes
Upstairs Laundry
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Road Access Type

City Street
Yes

Road Responsibility

City Maintained Road
Yes

Fencing

Back Yard
Yes

Water Source

City Water
Yes

Community Pool Features

Fenced
Yes
Outdoor
Yes

Exterior Features

Patio
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Features

Assigned Parking
Yes
Detached Carport
Yes

Irrigation

None
Yes

New Financing

Cash
Yes
Conventional
Yes
FHA
Yes

Plumbing

Electric Hot Wtr Htr
Yes

Utilities

SRP
Yes

Existing 1st Loan

Conventional
Yes

Existing 1st Loan Terms

Non Assumable
Yes

Landscaping

Gravel/Stone Front
Yes
Desert Front
Yes

Services

City Services
Yes

Unit Style

Two Levels
Yes

Disclosures

None
Yes

Possession

By Agreement
Yes

Association Fee Incl

Roof Repair
Yes
Roof Replacement
Yes
Blanket Ins Policy
Yes
Water
Yes
Sewer
Yes
Garbage Collection
Yes
Front Yard Maint
Yes
Common Area Maint
Yes
Street Maint
Yes

Assoc Rules/Info

Pets OK (See Rmrks)
Yes
Rental OK (See Rmks)
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: Full Bth Master Bdrm; Private Toilet Room Master Bedroom: Split; Upstairs Additional Bedroom: Other Bedroom Downstairs Flooring: Carpet Community Pool Features: Fenced; Outdoor Spa: None Dining Area: Dining in LR/GR Kitchen Features: Electric Oven; Disposal; Dishwasher; Refrigerator; Pantry Laundry: Washer Included; Dryer Included; Inside; Upstairs Laundry Exterior Features: Patio Parking Features: Detached Carport; Assigned Parking Road Access Type: City Street Road Responsibility: City Maintained Road Construction: Wood Frame Const - Finish: Painted; Stucco Roofing: Composition Cooling: Central Air; Ceiling Fan(s) Heating: Electric Plumbing: Electric Hot Wtr Htr Utilities: SRP Water Source: City Water Irrigation: None Sewer: Sewer - Public Services: City Services Fencing: Back Yard Landscaping: Gravel/Stone Front; Desert Front Showing Notification Methods: Text; Phone Call Lockbox Type: None Possession: By Agreement Unit Style: Two Levels Association Fee Incl: Roof Repair; Roof Replacement; Blanket Ins Policy; Water; Sewer; Garbage Collection; Front Yard Maint; Common Area Maint; Street Maint Existing 1st Loan: Conventional Existing 1st Loan Terms: Non Assumable New Financing: Cash; FHA; Conventional Disclosures: None
IDX
Listing Office: Compass
Last Updated: September - 26 - 2026
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